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Technology - Software - Application - NYSE - US
$ 1.44
2.13 %
$ 277 M
Market Cap
-12.0
P/E
INCOME STATEMENT
237 M REVENUE
41.13%
-43.2 M OPERATING INCOME
58.60%
-34.6 M NET INCOME
64.09%
EFFICIENCY
Earnings Waterfall SmartRent, Inc.
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Revenue 237 M
Cost Of Revenue 187 M
Gross Profit 49.5 M
Operating Expenses 92.7 M
Operating Income -43.2 M
Other Expenses -8.57 M
Net Income -34.6 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019
REVENUE
Revenue 236.8 167.8 110.6 52.5 36.2
GROSS PROFIT
Cost Of Revenue 187.3 166.5 120.7 56.8 37.3
Gross Profit 49.5 1.3 (10.1) (4.3) (1.1)
OPERATING INCOME
Operating Expenses 92.7 105.6 61.6 31.4 29.0
Selling, General and Administrative Expenses 63.9 76.2 40.0 22.0 15.6
Research and Development Expenses 28.8 29.4 21.6 9.4 7.7
Operating Income (43.2) (104.3) (71.7) (35.7) (24.4)
PRE-TAX INCOME
Interest Income Expense 0 1.9 0.2 0.6 0
Total Other Income 8.5 2.5 (0.2) (1.2) (0.4)
Pre-Tax Income (34.7) (101.7) (71.8) (37.0) (30.3)
NET INCOME
Tax Provision (0.1) (5.4) 0.1 0.1 3.2
Net Income (34.6) (96.3) (72.0) (37.1) (33.5)
EPS 0.17 0.49 0.37 3.58 36.3