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Smartrent Stock Price, News & Analysis

SMRT NYSE

Company Description

Overview

SmartRent Inc is an enterprise-class smart home and smart building technology platform that redefines how property owners, managers, and residents interact with their living and working spaces. As a comprehensive solution provider, SmartRent integrates cutting-edge Internet of Things (IoT) technologies with advanced automation and centralized management systems to deliver seamless visibility and control over real estate assets. The platform is engineered to streamline operations, enhance tenant experiences, and unlock additional revenue opportunities, positioning SmartRent as a pivotal player in the evolving landscape of proptech and building automation.

Core Business Areas

The company specializes in offering state-of-the-art smart home technology designed primarily for property management and residential convenience. Its platform consolidates multiple functionalities under a single umbrella, including:

  • Property Management Integration: Facilitating centralized control over key building systems, such as access management, security, and energy efficiency, which is essential for large-scale operations.
  • Resident Engagement Tools: Enabling tenants to personalize and control their in-home environments, from climate adjustment to lighting and security settings, all from a unified interface.
  • Automation and Remote Monitoring: Providing real-time insights and remote control capabilities that empower property managers to proactively manage assets and optimize operational costs.

Operational Model and Technology

SmartRent operates at the intersection of IoT innovation and property management solutions, offering a robust platform that is scalable across different property types—from residential apartment complexes to multi-use commercial spaces. The system generates revenue primarily through subscription-based services, along with licensing and implementation fees. Its ecosystem seamlessly integrates hardware and software components, ensuring that both property operators and residents can benefit from improved efficiency and control.

The platform’s architecture is designed for high interoperability, making it compatible with a wide range of smart devices and sensors. This not only facilitates the automation of routine tasks but also provides actionable data that can be used for predictive maintenance and energy management. With a focus on data security and system reliability, SmartRent’s technical framework underscores its commitment to delivering safe and trusted solutions in a digitally connected environment.

Market Position and Industry Relevance

Within the proptech sector, SmartRent is recognized for its innovative approach to smart building management. It stands out by offering an integrated solution that simplifies the complexities of managing modern residential and commercial properties. The company’s market presence in both the United States and international markets underscores its versatility and adaptability in addressing the diverse needs of property stakeholders.

SmartRent leverages technological advancements to deliver extensive data analytics and remote monitoring capabilities. These features not only drive cost efficiencies for property managers but also enhance residents' experiences by providing them with personalized control over their living environments. By blending automation with user-friendly interfaces, SmartRent supports a shift from traditional property management practices to a more interconnected and responsive model that is well-suited for the digital age.

Competitive Landscape

In a competitive market that includes both emerging startups and established technology companies, SmartRent differentiates itself through its all-in-one platform approach. Unlike fragmented solutions that require multiple vendors, SmartRent offers a unified system that reduces integration challenges and provides a cohesive user experience. Its emphasis on scalability and robustness ensures that the platform can support both large-scale property portfolios and smaller niche markets without compromising on quality or performance.

Key Differentiators

Several factors contribute to SmartRent's strong market positioning:

  • Unified Platform: By consolidating multiple smart technologies into one platform, SmartRent simplifies property management and enhances operational efficiency.
  • Scalable Solutions: The platform’s architecture is built to scale, catering to various property sizes and types, which makes it adaptable in a dynamic market.
  • Data-Driven Insights: Advanced analytics allow property managers to make proactive decisions, optimize energy consumption, and improve asset management.
  • User-Centric Design: Intuitive interfaces for both property managers and residents ensure ease-of-use and better engagement with the technology.

Integration with Industry Trends

SmartRent remains at the forefront of proptech innovation by aligning its solutions with contemporary trends in smart building technology. As urbanization increases and the demand for energy-efficient, secure, and technology-enabled properties grows, the company's offerings are designed to address these evolving challenges. The integration of smart sensors, real-time data analysis, and automated control systems positions SmartRent as a critical tool for property owners aiming to reduce operational costs and enhance tenant satisfaction. Furthermore, its ability to seamlessly integrate with third-party applications reinforces its role as a versatile and future-proof solution in an ever-changing technological landscape.

Service and Support Infrastructure

The company places a strong emphasis on delivering comprehensive support and service, which is vital for maintaining trust and reliability in the tech-driven property management domain. SmartRent provides dedicated customer support, technical troubleshooting, and continuous platform updates to ensure that its systems remain efficient and secure. This commitment to service and after-sales support not only mitigates operational challenges but also fosters long-term partnerships with clients, enhancing overall satisfaction and trust.

Conclusion

In summary, SmartRent Inc offers a detailed, integrated approach to smart home and building technology, balancing facility management, resident convenience, and cost-saving innovations. Its all-in-one platform is designed with scalability, reliability, and user-centricity at its core, making it an essential tool for modern property management. For an investor or industry observer seeking to understand the fundamentals of smart building technology, SmartRent provides a compelling case study in how technology can revolutionize asset management and operational efficiency within the real estate sector.

The company’s robust commitment to integrating cutting-edge technology with operational excellence and proactive customer support illustrates its expertise and authority in the fast-evolving digital infrastructure landscape. Whether for residential complexes or large commercial properties, SmartRent’s solutions offer the transparency, control, and cost efficiency that are crucial for managing today’s diverse and dynamic property environments.

Stock Performance

$—
0.00%
0.00
Last updated:
-43 %
Performance 1 year
$152.5M
Market Cap
192.5M
Shares outstanding

SEC Filings

No SEC filings available for Smartrent.

Financial Highlights

$174,885,000
Revenue (TTM)
-$33,643,000
Net Income (TTM)
-$0.17
Diluted EPS (TTM)
-$32,913,000
Operating Cash Flow
-19.24%
Net Profit Margin
-23.89%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Smartrent (SMRT)?

The current stock price of Smartrent (SMRT) is $0.8881 as of April 25, 2025.

What is the market cap of Smartrent (SMRT)?

The market cap of Smartrent (SMRT) is approximately 152.5M.

What is the revenue (TTM) of Smartrent (SMRT) stock?

The trailing twelve months (TTM) revenue of Smartrent (SMRT) is $174,885,000.

What is the net income of Smartrent (SMRT)?

The trailing twelve months (TTM) net income of Smartrent (SMRT) is -$33,643,000.

What is the earnings per share (EPS) of Smartrent (SMRT)?

The diluted earnings per share (EPS) of Smartrent (SMRT) is -$0.17 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Smartrent (SMRT)?

The operating cash flow of Smartrent (SMRT) is -$32,913,000.

What is the profit margin of Smartrent (SMRT)?

The net profit margin of Smartrent (SMRT) is -19.24%.

What is the operating margin of Smartrent (SMRT)?

The operating profit margin of Smartrent (SMRT) is -23.89%.

What is the gross margin of Smartrent (SMRT)?

The gross profit margin of Smartrent (SMRT) is 34.50%.

What is the current ratio of Smartrent (SMRT)?

The current ratio of Smartrent (SMRT) is 3.63, indicating the company's ability to pay short-term obligations.

What is the gross profit of Smartrent (SMRT)?

The gross profit of Smartrent (SMRT) is $60,338,000 on a trailing twelve months (TTM) basis.

What is the operating income of Smartrent (SMRT)?

The operating income of Smartrent (SMRT) is -$41,772,000.

What is the primary business of SmartRent Inc?

SmartRent Inc is a technology company that provides an integrated smart home and building platform to streamline property management and enhance tenant experiences.

How does SmartRent generate revenue?

The company primarily generates revenue through subscription-based services, licensing fees, and implementation contracts, offering a comprehensive platform for property management.

What services does the SmartRent platform offer?

The platform offers centralized control of building systems, remote monitoring, automation, energy management, and resident engagement tools, all designed to simplify property management.

How does SmartRent differentiate itself from competitors?

SmartRent sets itself apart with its all-in-one solution that integrates multiple functionalities into one platform, providing scalability, data-driven insights, and a seamless user experience for both managers and residents.

In which markets does SmartRent operate?

SmartRent operates both in the United States and in international markets, offering its smart building solutions to a diverse range of property types and geographic areas.

What are the key benefits for property managers using SmartRent?

Property managers benefit from streamlined operations, improved asset control, cost savings, and enhanced data analytics, which help in making informed decisions and proactive maintenance.

How does the SmartRent platform enhance resident experience?

Residents enjoy personalized control over their environments, with features such as automated climate control, security systems, and lighting, all accessible through an intuitive, user-friendly interface.

Why is SmartRent considered an innovative solution in proptech?

By leveraging advanced IoT technologies and integrating real-time data analytics, SmartRent offers a scalable, all-in-one solution that directly addresses modern challenges in property management and building operations.