SMRT (SMRT) revenue breakdown

· Market cap $230M

By segment, Smart Apartments is the largest at 84% of fiscal 2025 revenue; Smart Operations Solutions grew fastest, 8% a year over 3 years.

By product, Hosted Services is the largest at 48% of fiscal 2025 revenue, growing 55% a year over 5 years.

Revenue by segment

Fiscal years, as SMRT reports them in its 10-K filings; fiscal 2025 total $152M.

Segments20212022202320242025Share
Smart Apartments$104M$151M$211M$145M$128M 84%
Smart Operations Solutions—$8M$11M$11M$11M 7%
Access Control$2M$6M$8M$8M$7M 5%
Other$3M$3M$4M$8M$5M 4%
Community WiFi$943,000$480,000$2M$2M$1M 1%

Revenue by product

Fiscal years, as SMRT reports them in its 10-K filings; fiscal 2025 total $152M.

Products202020212022202320242025Share
Hosted Services$8M$18M$48M$64M$73M$73M 48%
Hardware$32M$70M$87M$137M$83M$58M 38%
Professional Services$12M$23M$32M$35M$19M$21M 14%

Revenue by region

Fiscal years, as SMRT reports them in its 10-K filings; fiscal 2025 total $152M.

Regions202020212022202320242025Share
United States$50M$108M$166M$236M$173M$152M 100%
Outside United States$2M$3M$2M$1M$2M$161,000 0%
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Questions

Where does SMRT make its money?

In fiscal 2025, by segment: Smart Apartments $128M, Smart Operations Solutions $11M, Access Control $7M, Other $5M, Community WiFi $1M.

From SMRT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.