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FWAA - SmartRent: Automating Homes
April, 25 2021 08:29 PM
SmartRent.com Inc Cl A Com
SmartRent is going public through a SPAC merger, valuing the company at $2.2 billion. The rental home market is very large. However, smart home penetration is extremely low. SmartRent's land and expand strategy creates a strong competitive advantage characterized by high switching costs. Management expects the company to be EBITDA positive in 2022. I am bullish on the real estate and prop tech industry, and SmartRent as well. For further details see:
SmartRent: Automating Homes
Stock Information
Company Name:
SmartRent.com Inc Cl A Com
Stock Symbol:
FWAA
Market:
NASDAQ
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