SMRT - Smartrent Inc Profile, Share Price, Market Analysis, Charts, Fundamentals

Business Description

Smartrent Inc is a property management technology company that specializes in providing innovative solutions to optimize the rental process for property owners and renters. The company was founded in 2017 and is headquartered in Washington D.C., United States. Its mission is to create affordable and sustainable housing options for people.

Smartrent provides a range of services such as rent payment, maintenance requests, energy monitoring, and smart-home technology integration. Its proprietary platform uses artificial intelligence (AI) algorithms to offer property owners and managers insights on how to maximize their rental income and streamline their operations.

One of the features of the Smartrent platform is the smart-home integration, where the company installs devices like Nest thermostats, smart locks, and cameras in rental properties to enhance the tenant's living experience. These devices not only make rental units more attractive to potential renters but also provide property owners with real-time information on how their units are being used.

Smartrent also offers a variety of integrations with other property management tools such as leasing and marketing applications to provide a complete and seamless solution to both property owners and renters.

The company has partnerships with leading property management firms, including Lincoln Property Company, Greystar, and Alliance Residential Company, giving it a vast network of properties under management. Its customers range from traditional multifamily buildings to short-term rentals, commercial properties, and student housing.

Smartrent's impact on the industry is significant, as it has helped property owners improve their properties' energy efficiency, reduce operating costs, and improve their tenants' experience. With its use of cutting-edge technology, Smartrent aims to revolutionize the property management industry and provide affordable housing solutions for everyone.

Fundamental Analysis

United States

99.84 %

of total Revenue

International

0.16 %

of total Revenue

Smart Apartments

83.71 %

of total Revenue

Access Control

6.14 %

of total Revenue

Other

3.94 %

of total Revenue

Smart Operations Solutions

6.21 %

of total Revenue

Hardware

39.76 %

of total Revenue

Hardware Smart Apartments

37.15 %

of total Revenue

Hardware Access Control

1.83 %

of total Revenue

Hardware Other

0.79 %

of total Revenue

Professional Services

15.6 %

of total Revenue

Professional Services Smart Apartments

12.69 %

of total Revenue

Professional Services Access Control

2.39 %

of total Revenue

Professional Services Other

0.52 %

of total Revenue

Hosted Services

44.64 %

of total Revenue

Hosted Services Smart Apartments

33.87 %

of total Revenue

Hosted Services Access Control

1.92 %

of total Revenue

Hosted Services Other

2.64 %

of total Revenue

Hosted Services Smart Operations Solutions

6.21 %

of total Revenue

Community WiFi

0.49 %

of total Revenue

Reportable Segment

100 %

of total Revenue

Reportable Hardware

39.76 %

of total Revenue

Reportable Professional Services

15.6 %

of total Revenue

Reportable Deferred hub amortization

5.3 %

of total Revenue

Reportable SaaS - Smart Apartments

28.57 %

of total Revenue

Reportable SaaS - Smart Operations

6.21 %

of total Revenue

Reportable SaaS - All Other

4.56 %

of total Revenue

Reportable SaaS

39.34 %

of total Revenue

Smartrent Inc Company Profile

Business Description

Fundamental Analysis