secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0000950170-23-006701
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent reports FY 2022 revenue up 52% to $167.8M; SaaS revenue up 251%
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- FY revenue $167.8M (+52% YoY); Q4 revenue $40.6M (+17% YoY).
- FY SaaS revenue $27.8M (+251% YoY); SaaS ARPU rose 93% to $5.32.
- Q4 net loss $(21.4)M (improved 18% YoY); FY net loss $(96.3)M (up 34% YoY).
- Adjusted EBITDA Q4 $(14.1)M (improvement YoY); FY $(74.7)M (worsened 34%).
- Guidance: Q1 rev $55-58M, Adj EBITDA $(12)-$(8)M; FY rev $225-250M, Adj EBITDA $(25)-$(15)M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000095017023006701/0000950170-23-006701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000095017023006701/smrt-20230308.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-006701

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