secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0000950170-25-033085
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent Q4 total revenue $35.4M (-41% YoY), SaaS up 17%; net loss widens to $(11.4)M
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- Total revenue $35.4M in Q4 2024, down 41% YoY; full year $174.9M, down 26%.
- SaaS revenue $13.6M in Q4 (+17% YoY); ARR grew to $54.4M from $46.2M.
- Net loss widened to $(11.4)M in Q4 vs $(3.3)M; full year net loss improved to $(33.6)M.
- Adjusted EBITDA $(7.4)M in Q4 vs $743K; full year $(9.9)M vs $(19.2)M.
- Repurchased 3.0M shares for $5.1M in Q4; $142.5M cash, no debt, $75M undrawn credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000095017025033085/0000950170-25-033085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000095017025033085/smrt-20250305.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-033085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer