SmartRent Historical Income Statement
SMRT Stock | USD 1.86 0.02 1.09% |
Historical analysis of SmartRent income statement accounts such as Gross Profit of 47.1 M, Other Operating Expenses of 487.8 M, Cost Of Revenue of 347.8 M or Total Operating Expenses of 140 M can show how well SmartRent performed in making a profits. Evaluating SmartRent income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SmartRent's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SmartRent latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SmartRent is a good buy for the upcoming year.
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About SmartRent Income Statement Analysis
SmartRent Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SmartRent shareholders. The income statement also shows SmartRent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SmartRent Income Statement Chart
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Total Revenue
Total revenue comprises all receipts SmartRent generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SmartRent. It is also known as SmartRent overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on SmartRent income statement and represents the costs associated with goods and services SmartRent provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from SmartRent's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SmartRent current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.At this time, SmartRent's Net Interest Income is comparatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 61.6M | 105.6M | 92.7M | 140.0M | Cost Of Revenue | 120.7M | 166.5M | 187.3M | 347.8M |
SmartRent income statement Correlations
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SmartRent Account Relationship Matchups
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SmartRent income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 59K | 756K | 1.1M | 5.7M | 5.5M | 11.0M | |
Selling General Administrative | 12.4M | 16.6M | 26.0M | 55.3M | 44.7M | 42.4M | |
Total Revenue | 36.2M | 52.5M | 110.6M | 167.8M | 236.8M | 457.0M | |
Gross Profit | (1.1M) | (4.3M) | (10.1M) | 1.3M | 49.5M | 47.1M | |
Other Operating Expenses | 66.3M | 88.3M | 182.3M | 272.1M | 280.0M | 487.8M | |
Operating Income | (24.4M) | (35.7M) | (71.7M) | (104.3M) | (43.2M) | (45.3M) | |
Ebit | (24.4M) | (36.4M) | (72.2M) | (101.7M) | (43.2M) | (45.3M) | |
Ebitda | (24.4M) | (35.6M) | (71.1M) | (96.0M) | (37.6M) | (39.5M) | |
Cost Of Revenue | 37.3M | 56.8M | 120.7M | 166.5M | 187.3M | 347.8M | |
Total Operating Expenses | 29.0M | 31.4M | 61.6M | 105.6M | 92.7M | 140.0M | |
Income Before Tax | (30.3M) | (37.0M) | (71.8M) | (101.7M) | (34.7M) | (36.4M) | |
Total Other Income Expense Net | (5.8M) | (1.2M) | (194K) | 2.5M | 8.5M | 8.9M | |
Net Income | (33.5M) | (37.1M) | (72.0M) | (96.3M) | (34.6M) | (36.3M) | |
Income Tax Expense | 3.2M | 149K | 115K | (5.4M) | (108K) | (113.4K) |
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Additional Tools for SmartRent Stock Analysis
When running SmartRent's price analysis, check to measure SmartRent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.