SmartRent
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SmartRent's past years’ income statements indicate that its last revenue has increased compared to the previous period by 41% to $236,838,000. The net income raised on -$34,587,000 and profit margin reached -15%. Total operating expenses were $92,688,000.
Profit Margin
| 2019 | 36.23M | -33.46M | -92.37% |
|---|---|---|---|
| 2020 | 52.53M | -37.10M | -70.64% |
| 2021 | 110.63M | -71.96M | -65.04% |
| 2022 | 167.82M | -96.32M | -57.4% |
| 2023 | 236.83M | -34.58M | -14.6% |
SMRT Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 236.83M | 167.82M | 110.63M | 52.53M | 36.23M |
Cost of revenue | 187.30M | 166.47M | 120.71M | 56.83M | 37.29M |
Gross profit | 49.52M | 1.34M | -10.07M | -4.29M | -1.05M |
Operating exp. | |||||
Research and development | 28.80M | 29.42M | 21.57M | 9.40M | 7.73M |
Selling and marketing | 19.20M | 20.87M | 14.01M | 5.42M | 3.26M |
Total operating expenses | 92.68M | 105.59M | 61.57M | 31.41M | 29.04M |
Operating income | -43.15M | -104.25M | -71.65M | -35.71M | -24.43M |
Other income (expenses), net | 8.46M | 2.54M | -194K | -1.24M | -5.82M |
Income before tax | -34.69M | -101.71M | -71.84M | -36.96M | -30.26M |
Income tax expense | -108K | -5.38M | 115K | 149K | 3.20M |
Net income | -34.58M | -96.32M | -71.96M | -37.10M | -33.46M |
Earnings per share | |||||
Basic EPS | -0.17 | -0.49 | -0.37 | -3.58 | -36.34 |
Diluted EPS | -0.17 | -0.49 | -0.37 | -3.58 | -36.34 |
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