Smartrent, Inc. · NYSE:SMRT
Smartrent — Fifth Wall Acquisition Corp. I — SPAC Merger (July 2021)
17 slides from Smartrent's SPAC merger presentation, Jul 14, 2021
Slide 1: Rule 425 filing legend
Filed by Fifth Wall Acquisition Corp. I Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 of the Securities Exchange Act of 1934 Subject Company: Fifth Wall Acquisition Corp. I Commission File No. 001-39991 The following presentation was given by Lucas Ha
Slide 2: SmartRent: Smart Homes, Connected Communities
SMART HOMES CONNECTED COMMUNITIES SmartRent CEO Presented by Lucas Haldeman
Slide 3: Important Information for Investors and Stockholders
DISCLAIMER: Important Information for Investors and Stockholders This document relates to the proposed merger involving Fifth Wall Acquisition Corp. I ("FWAA") and SmartRent.com, Inc. ("SmartRent"). FWAA filed a registration statement on Form S-4 (the “Registration Statement”) with the Securities an
Slide 4: Company Overview
Units Installed 409K+ Total Users 3,600 Completed Communities 187K+ Total Units Installed 1M+ Total Devices Installed As of March 2021 Company Overview
Slide 5: Q1 Financial Highlights
Q1 Financial Highlights ($ mllions except for units installed and units booked) Source: Company filings 1. We define Bookings as the aggregate dollar value associated with signed master service agreements or binding purchase orders during the period. Bookings include the value of all hardware, profe
Slide 6: Visible. Profitable. Repeatable.
Visable. Profitable. Repeatable. 1 Embeded pipeline expected to drive multi-year revenue visibility 80% of ‘21-’22 units are committed 2 Decreasing CAC (1) and increasing APRU (2) expected to drive margin expansion 74% 2024E hosted service (3) gross margin 3 Long-term contracts provide a large base
Slide 7: Owner/operator returns from deploying SmartRent
50% Owner / operator IRR from deploying SmartRent (3) 30% Projected cash on cash return (3) 3-year Payback period (3) $46.5M
Slide 8: SmartRent Product Ecosystem
Community Wifi Building Access Control Pool Access East Building A Access Unit A101 Expires: 08/14/20 2:15pm Hold Phone by Lock Your Passes Profile Activity Passes Front Door Locked Tap to unlock Proven land-and-expand model that will continue to fuel growth. Every product can be an entry point with
Slide 9: Resident Experience 2.0
Resident Experience 2.0 I have a leaky sink AC Hi Jane! I’m Marvin and am here to help. What kind of problem are you experiencing? Gotcha Where is your leaky sink? Device Store DUE NOW $1,407.98 Unit Rent $1,200.00 Parking Space $99.99 High Speed Internet $99.99 Taxes $8.00 PAY NOW Fitness Center 5:
Slide 10: Apple Access Control
Apple Access Control Manage Keys in the Wallet app using Apple’s Ultra-wideband technolog No app needed and phone can be left in pocket while door unlock Partnering with key SmartRent hardware providers such as Yale, Schlage, Salto and Wavelyn Able to generate Wallet credentials for staff, residents
Slide 11: Access Control
Access Control Alloy Access is a solution that is used to protect communities and assets with control panels, smart access locks and intercoms, along with strategic integrations for seamless data management. Video Intercom Add a Scene Access Pass Hold your phone near the reader to unlock door. Hold
Slide 12: Energy Management
Energy Management 12am Maximum Grid Capacity Normal Day Demand Hot Day Demand Demand for Electricity 2am 4am 6am 8am 10am 12pm 2pm 4pm 6pm 8pm 10pm Electricity Demands often exceed the grid’s available capacity for small windows of time, which can lead to rolling blackouts, or worse. Rather than bui
Slide 13: Smart Parking
Smart Parking FREE interactive maps from Engrai Resident space selection & automatic decal assignmen Guest space monitoring through check in/out meterin Parking sensors detect vehicle occupancy and vehicle volume in real tim Create a parking databas Alert management and third-party enforcement Drive
Slide 14: Important Information for Investors and Stockholders
2 Important Information for Investors and Stockholders This document relates to the proposed merger involving Fifth Wall Acquisition Corp. I ("FWAA") and SmartRent.com, Inc. ("SmartRent"). FWAA filed a registration statement on Form S-4 (the “Registration Statement”) with the Securities and Exchange
Slide 15: Forward-Looking Statements
3 information regarding their interests in the business combination will be contained in the proxy statement/prospectus when available. You may obtain free copies of these documents as described in the preceding paragraph. Forward-Looking Statements This document contains forward-looking statements
Slide 16: Forward-Looking Statements (continued)
4 benefits of the merger, risks related to SmartRent's ability to execute on its business strategy, attract and retain users, develop new offerings, enhance existing offerings, compete effectively, and manage growth and costs, the duration and global impact of COVID-19, the possibility that FWAA or
Slide 17: Forward-Looking Statements and Contacts
5 customers and (ii) units that existing customers who are parties to a SmartRent master services agreement have informed SmartRent that they intend to order. This document is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in
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