Exhibit 99.1 SmartRent Accelerates SaaS Growth by 32% Y/Y; Reports First Quarter 2024 Results Sets New Record with $47.6 million SaaS Annual Recurring Revenue (“ARR”) in Q1 2024 Confirms 2024 Growth Outlook; Enables Expansion and Innovation Scottsdale, Ariz., May 8, 2024 – (BUSINESS WIRE) – SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months ended ...

财务数据和关键指标变化 - 2023年全年总收入为2.37亿美元,同比增长41% [29] - 2023年第四季度总收入为6,030万美元,环比增长4%,同比增长49% [29] - 2023年第四季度经调整EBITDA实现盈利743,000美元,较上一季度亏损500万美元和上年同期亏损1,410万美元大幅改善 [41] - 2023年全年总毛利为4,950万美元,较2022年的130万美元大幅增长,毛利率从1%提升至21% [39] 各条业务线数据和关键指标变化 - 硬件收入在第四季度为3,650万美元,专业服务收入为670万美元,托管服务收入为1,710万美元 [29] - 2023年第四季度硬件ARPU为730美元,较上季度增长28%,全年增长39% [31] - 2023年第四季度SaaS ARPU为5.50美元,较上年同期增长7% [30] - 2023年全年专业服务ARPU增长32% [31] 各个市场数据和关键指标变化 - 2023年第四季度ARR增至4,620万美元,较上季度增长7%,同比增长43% [30] - 2023年第四季度部署的总单元数达到72万台,较上季度增加3.7万台 [31] - 2023年第四季度新增订单约4.2万台,较上季度下降10% [35] - 2023年净收入留存率为105% [36] 公司战略和发展方向及行业竞争 - 公司将大幅投资社区WiFi业务,以抓住这一9-16亿美元的年度经常性收入市场机会 [24] - 公司宣布启动50亿美元的股票回购计划,表明对自身业务前景充满信心 [25] - 公司的三大核心竞争优势是:自主研发的硬件、开放API的软件以及端到端的实施和支持服务 [13][18][20] - 公司正在加强社区WiFi和核心物联网产品的协同,与客户共同推进部署 [59][60] 管理层对经营环境和未来前景的评论 - 管理层对公司未来增长前景保持乐观,预计2024年全年收入将达2.6-2.9亿美元,经调整EBITDA将实现500-800万美元的盈利 [48] - 管理层表示,社区WiFi项目的销售周期和实施周期较长,将在2024年上半年对公司的增长和盈利能力产生一定影响,但有信心下半年会反弹 [47] - 管理层认为,硬件升级周期和社区WiFi业务的快速增长将是2024年下半年业绩反弹的两大驱动因素 [55][56] 其他重要信息 - 公司2023年末现金余额为2.16亿美元,无债务,并有7,500万美元的未使用信用额度 [23] - 公司将继续优化专业服务业务的成本结构,预计到2024年底能实现盈亏平衡 [40] - 公司将不再披露之前的"承诺单元"指标,而将更多关注收入增长等关键指标 [42] 问答环节重要的提问和回答 问题1 **Soham Bhonsle 提问** 如果不考虑WiFi业务投资,公司2024年的指引会有什么不同? [57][58] **Daryl Stemm 回答** 公司将推迟超过1万台设备的部署,从第一季度推迟到后续季度。这是一个积极的信号,表明客户对公司WiFi和物联网一体化部署的需求。 [58] 问题2 **Ryan Tomasello 提问** 公司如何看待SaaS收入的增长前景,是否可以直接指导SaaS收入的增长率,而不是总收入? [66][67] **Daryl Stemm 回答** SaaS收入的增长前景确实更加可预测,但由于新部署单元的时间节点不确定性,公司暂时无法直接指导SaaS收入的增长率。但公司预计SaaS收入的增长将高于总收入增速。 [67] 问题3 **Brett Knoblauch 提问** 公司是否可以预计2024年新部署单元的数量? [87][88] **Daryl Stemm 回答** 由于部署单元数与收入增长存在分歧,公司决定不再提供新部署单元的指引,而是将重点放在收入增长指标上。 [88]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39991 SMARTRENT, INC. (Exact name of Registrant as specified in its charter) Delaware 85-4218526 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) Incorporati ...

Exhibit 99.1 SmartRent Reports Fourth Quarter 2023 Results – Adjusted EBITDA Positive Ended the Year with $216 million in Cash, Cash Equivalents and Restricted Cash Announcing $50 million Share Repurchase Program, Investment in Community WiFi Solution Scottsdale, Ariz., March 5, 2024 – (BUSINESS WIRE) – SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three ...

SmartRent, Inc. (NYSE:SMRT) Q3 2023 Earnings Conference Call November 7, 2023 10:30 AM ET Company Participants Brian Ruttenbur - Senior Vice President-Investor Relations Lucas Haldeman - Chairman & Chief Executive Officer Hiroshi Okamoto - Chief Financial Officer Conference Call Participants Nikhil Vijay - KBW Erik Woodring - Morgan Stanley Sidney Ho - Deutsche Bank Brett Knoblauch - Cantor Fitzgerald Tom White - D.A. Davidson & Co. Operator Hello, and welcome to smartrent.com Inc. Conference Call. Please n ...

Q3 2023 Earnings Deck November 2023 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor from civil liability provided for such statements by Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements address our expected future business and financial performance, and may contain words such as "goa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39991 SMARTRENT, INC. (Exact name of Registrant as specified in its charter) Delaware 85-4218526 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) In ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39991 SMARTRENT, INC. (Exact name of Registrant as specified in its charter) Delaware 85-4218526 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) Incorpo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39991 SMARTRENT, INC. (Exact name of Registrant as specified in its charter) Delaware 85-4218526 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) Incorp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39991 SMARTRENT, INC. (Exact name of Registrant as specified in its charter) Delaware 85-4218526 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) Incorporation or O ...