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The proptech sector has been navigating a cautious capital environment, with elevated borrowing costs weighing on multifamily property investment cycles across much of the industry.
Against that backdrop, SmartRent is projecting it will surpass 1 million installed units in the first half of next year.
The company points to its Vision 2028 strategy as the driver of both that trajectory and a gross margin now at 41%. What Vision 2028 has delivered Vision 2028 is SmartRent's medium-term operating framework.
The 41% gross margin figure is its most tangible result to date.
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