SmartRent publishes investor presentation on smart community, smart operations platform for rental housing industry
Reuters2026/08/06 22:24- SmartRent outlined a “Vision 2028” plan centered on expanding deployed units to drive higher recurring SaaS revenue.
- Targeted 1 million installed units in the first half of 2027; forecast more than 1.2 million by end-2028.
- Reported about 929,000 total units deployed, more than 4 million connected devices, about 3,500 communities, about 600 customers.
- Highlighted $93 million cash, a $75 million undrawn credit line, no debt; board authorized a $25 million share repurchase program.
- Disclosed Q2 customer net revenue retention of 111%; property net revenue retention of 99%; smart communities churn of 0%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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