SmartRent publishes investor presentation on smart community, smart operations platform for rental housing industry

Reuters2026/08/06 22:24

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartRent Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

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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SmartRent publishes investor presentation on smart community, smart operations platform for rental housing industry

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