SmartRent Inc - Ordinary Shares - Class A Stock News

SmartRent's post-IPO struggles include a 90% stock decline and the CEO stepping down, presenting a high-risk opportunity for bold investors. The company's business model hinges on hardware sales and high-margin, recurring SaaS revenue from smart home solutions. Despite declining total revenue, the Hosted Services segment shows promising double-digit growth and high gross profit margins.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent will release fourth quarter and full-year 2024 results and host a conference call at 11:30 a.m. ET on Wednesday, March 5, 2025.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent, Inc. today announced the appointment of Ana Pinczuk to its Board of Directors.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced the appointment of Shane Paladin as its President and Chief Executive Officer, with an expected start date of February 24.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--The $10 million investment will initially focus on driving innovation, new features and functionality for the Company's Smart Operations Solutions.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent is thrilled to announce its recognition as a 2024 Multi-Housing News Excellence Award Winner in the “Best Technology” category.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloy--SmartRent today announced Alloy Deadbolt+, a smart lock tailored specifically to the rental housing industry and featuring Apple Wallet integration.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SmartRent named in a ranking of 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies.