SmartRent, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-60.6M | $-33.6M | $-34.6M | $-96.3M | $-72.0M | $-37.1M |
| Depreciation & Amortization | $8.4M | $6.5M | $5.5M | $4.3M | $463.0K | $295.0K |
| Depreciation | — | — | — | — | — | — |
| Amortization | $3.9M | $3.9M | $3.9M | $3.4M | $0 | $0 |
| Stock-Based Compensation | $8.8M | $12.1M | $13.2M | $12.9M | $7.3M | $1.1M |
| Net Cash from Operating Activities | $-21.6M | $-32.9M | $6.0M | $-77.8M | $-70.4M | $-28.5M |
| Investing Activities | ||||||
| Capital Expenditures | $3.6M | $1.8M | $147.0K | $1.1M | $1.5M | $298.0K |
| Business Acquisitions | — | — | — | $129.7M | — | — |
| Net Cash from Investing Activities | $-8.6M | $-7.6M | $-6.0M | $-134.0M | $-9.4M | $-2.7M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | $4.9M | $28.6M | — | — | — | — |
| Net Cash from Financing Activities | $-7.4M | $-33.0M | $-1.9M | $-2.8M | $473.9M | $48.2M |
| Net Change in Cash | $-37.9M | $-73.2M | $-2.0M | $-214.9M | $394.0M | $17.2M |
| Free Cash Flow | $-25.1M | $-34.7M | $5.8M | $-78.9M | $-71.8M | $-28.8M |