Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Research and development4¢$64.5M
- Other costs86¢$1.4B
- Interest10¢$166.8M
- Income tax0¢$2.4M
Out of $1.7B in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2022
- Kept or used elsewhere100¢$39.4M
Out of $39.4M of cash from operations.3
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenue | $1.1B4 | $1.2B5 | $1.3B3 | $1.5B3 | $1.7B3 | |
| Research and development | $50.7M3 | $55.2M3 | $64.5M3 | |||
| Operating expenses | $1.6B3 | $1.6B3 | ||||
| Operating income | -$248.1M4 | -$147.1M5 | -$262.1M3 | -$154.2M3 | $71.5M3 | |
| Interest | $245.2M9 | $260.0M5 | $221.2M3 | $185.0M3 | $166.8M3 | |
| Income before tax | -$303.1M3 | -$49.4M3 | ||||
| Income tax | $143.0K4 | $1.3M5 | $1.1M3 | $2.5M3 | $2.4M3 | |
| Net income | -$475.7M4 | -$400.7M5 | -$603.3M3 | -$305.6M3 | -$51.7M3 | |
| Earnings per share | -$5.034 | -$4.235 | -$3.373 | -$1.473 | -$0.243 | |
| Earnings per share (diluted) | -$5.034 | -$4.235 | -$3.373 | -$1.713 | -$0.243 | |
| Shares (weighted, basic) | 208.3M shares3 | 212.5M shares3 | ||||
| Shares (weighted, diluted) | 209.1M shares3 | 212.5M shares3 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Cash | $3.9M9 | $12.8M5 | $4.5M9 | $313.8M9 | $208.5M3 | $283.9M3 |
| Receivables | $26.4M3 | $34.8M3 | ||||
| Inventory | $51.3M3 | $78.5M3 | ||||
| Current assets | $1.2M10 | $1.0M11 | $151.4M9 | $440.1M5 | $342.8M3 | $448.0M3 |
| Goodwill | $837.2M3 | $817.5M3 | ||||
| Intangible assets | $51.9M3 | $2.2M3 | ||||
| Total assets | $346.2M10 | $351.4M11 | $2.6B9 | $2.9B5 | $2.8B3 | $2.9B3 |
| Accounts payable | $96.3M3 | $121.3M3 | ||||
| Current liabilities | $141.8K10 | $96.2K11 | $1.0B9 | $773.5M5 | $874.2M3 | $940.7M3 |
| Long-term debt | $3.3B9 | $2.8B5 | $2.7B5 | $2.7B3 | ||
| Total liabilities | $12.2M10 | $12.2M11 | $4.4B9 | $4.5B5 | $4.5B3 | $4.6B3 |
| Retained earnings | -$3.4B3 | -$3.5B3 | ||||
| Shareholders’ equity | -$652.4M9 | -$1.4B5 | -$1.8B3 | -$1.6B3 | -$1.7B3 | -$1.7B3 |
| Shares outstanding | 94.9M shares9 | 202.2M shares5 | 208.7M shares3 | 213.6M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
Vivint Smart Home, Inc. is part of a group headed by NRG Energy. 319 entities, 7 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Vivint Smart Home, Inc.
- Blackstone Holdings III L.P. Filed SC 13D/A on Vivint Smart Home, Inc., latest Mar 14, 2023 (3 filings since Feb 25, 2022)
- Solamere V Investment, LLC Filed SC 13G/A on Vivint Smart Home, Inc., latest Feb 7, 2023 (2 filings since Feb 14, 2022)
- Fortress Investment Group LLC Filed SC 13D/A on Vivint Smart Home, Inc., latest Dec 7, 2022 (2 filings since Jun 6, 2022)
- Pedersen Family Trust Filed SC 13G on Vivint Smart Home, Inc., latest Mar 7, 2022
- Fayerweather Fund Eiger, L.P. Filed SC 13G/A on Vivint Smart Home, Inc., latest Feb 14, 2022
- NRG Energy Princeton, New Jersey, United States
- Direct Energy Houston, Texas, United States
- Vivint Smart Home, Inc. Provo, Utah
- 3279405 Nova Scotia Company Subsidiary · Nova Scotia, Canada
- 3283764 Nova Scotia Company Subsidiary · Nova Scotia, Canada
- 7549709 Canada Inc. Subsidiary · Ontario, Canada
- 7644868 Canada Inc. Subsidiary · Ontario, Canada
- 7711565 Canada Inc. Subsidiary · Ontario, Canada
- Ace Energy, Inc. Subsidiary · New York, United States
- Aev Projects LLC Subsidiary · Texas, United States
- Allied Home Warranty GP LLC Subsidiary · Delaware, United States
- Allied Warranty LLC Subsidiary · Texas, United States
- APX Group LLC Subsidiary · Delaware, United States
- Astoria Gas Turbine Power LLC Subsidiary · Delaware, United States
- AWHR America's Water Heater Rentals, L.L.C. Subsidiary · Delaware, United States
- Beheer-en Beleggingsmaatschappij Plogema B.V. Subsidiary · Netherlands
- Berrians Holdings LLC Subsidiary · Delaware, United States
- Berrians I Gas Turbine Power LLC Subsidiary · Delaware, United States
- Bloom Data Solutions LLC Subsidiary · Delaware, United States
- Bluewater Wind Delaware LLC Subsidiary · Delaware, United States
- Bounce Energy, Inc. Subsidiary · Delaware, United States
- Cabrillo Power I LLC Subsidiary · Delaware, United States
- Cabrillo Power II LLC Subsidiary · Delaware, United States
- Calumet Data Solutions LLC Subsidiary · Delaware, United States
- Cedar Bayou 5 Holdings LLC Subsidiary · Delaware, United States
- Chamon Power LLC Subsidiary · Texas, United States
- and 293 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Vivint Smart Home, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $19.8M3 Dec 31, 2022 | $16.5M3 Dec 31, 2021 | +20.1% |
| Operating-lease assets (leased space) | $36.8M3 Dec 31, 2022 | $46.0M3 Dec 31, 2021 | −20.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $1.7M3 Dec 31, 2022 | $2.4M3 Dec 31, 2021 | −29.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $817.5M3 Dec 31, 2022 | $837.2M3 Dec 31, 2021 | −2.3% |
| Intangible assets, net (excluding goodwill) | $2.2M3 Dec 31, 2022 | $51.9M3 Dec 31, 2021 | −95.7% |
| Indefinite-lived intangibles (excluding goodwill) | $65.0K3 Dec 31, 2022 | $65.0K3 Dec 31, 2021 | 0% |
| Finite-lived intangibles, gross | $906.3M3 Dec 31, 2022 | $1.0B3 Dec 31, 2021 | −10.2% |
| Accumulated amortization | $904.2M3 Dec 31, 2022 | $957.5M3 Dec 31, 2021 | −5.6% |
| Finite-lived intangibles, net | $2.2M3 Dec 31, 2022 | $51.9M3 Dec 31, 2021 | −95.8% |
| Patents, net | $100.0K3 Dec 31, 2022 | $100.0K5 Dec 31, 2021 | 0% |
Inventory
Leadership
Who has led Vivint Smart Home, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerDavid Bywater Jun 22, 2021 to Mar 14, 202312
- Chief executive officerDavid M. Maura Oct 18, 2017 to Jan 14, 202013
- PresidentAlex J. Dunn Jan 22, 2020 to Jan 22, 202014
- PresidentDavid M. Maura Oct 18, 2017 to Jan 14, 202013
- Chief financial officerDana C. Russell May 18, 2022 to Mar 14, 202315
- Chief financial officerDale R. Gerard Jan 22, 2020 to Mar 25, 202216
- Chief operating officerRasesh M. Patel May 18, 2022 to Mar 14, 202317
- Chief operating officerScott R. Hardy Jan 22, 2020 to Jun 16, 202018
- Chief operating officerR. Edward Albert Iii. Jun 7, 2018 to Jun 7, 201819
Board members and other officers (24)
- OfficerDaniel Garen Aug 26, 2021 to Mar 14, 202320
- OfficerGarner B. Meads Iii. Dec 6, 2021 to Mar 14, 202321
- Chief Technology OfficerJeremy B. Warren Jan 22, 2020 to Mar 13, 202022
- EVP, GM of Inside SalesMatthew J. Eyring Jan 22, 2020 to Mar 13, 202023
- Chief Accounting OfficerPatrick E. Kelliher Jan 22, 2020 to Mar 3, 202224
- EVP, GM of RetailTodd M. Santiago Jan 22, 2020 to Mar 14, 202325
- Chief Technology OfficerJung Taik Hwang Mar 10, 2020 to Mar 3, 202226
- Board memberMichael J. Staub Feb 25, 2022 to Feb 25, 202227
- Board memberDavid Bywater Jun 22, 2021 to Mar 14, 202312
- Board memberBarbara Comstock Jul 16, 2021 to Mar 14, 202328
- Board memberAlex J. Dunn Jan 22, 2020 to Jan 22, 202014
- Board memberBruce McEvoy Jan 22, 2020 to Jan 22, 202029
- Board memberDale R. Gerard Jan 22, 2020 to Jan 22, 202016
- Board memberDavid F. D'Alessandro Jan 22, 2020 to Mar 14, 202330
- Board memberJay D. Pauley Jan 22, 2020 to Jan 22, 202031
- Board memberJoseph S. Tibbetts Jr. Jan 22, 2020 to Mar 14, 202332
- Board memberPaul Galant Jan 22, 2020 to Mar 14, 202333
- Board memberTodd M. Santiago Jan 22, 2020 to Jan 22, 202025
- Board memberAndrew A. McKnight Oct 18, 2017 to Oct 18, 201734
- Board memberDavid M. Maura Oct 18, 2017 to Jan 17, 202013
- Board memberEugene I. Davis Oct 18, 2017 to Oct 18, 201735
- Board memberJoshua A. Pack Oct 18, 2017 to Oct 18, 201736
- Board memberTyler Kolarik Oct 18, 2017 to Dec 6, 201737
- General counselShawn J. Lindquist Jan 22, 2020 to Mar 30, 202138
Former names
- Mosaic Acquisition Corp.Aug 23, 2017 to Jan 17, 20202
Timeline
- Mar 10, 20238-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights39
- Feb 28, 20238-K Other events40
- Feb 21, 20238-K Other events41
- Feb 14, 20238-K Other events42
- Feb 10, 20238-K Other events43
- Dec 30, 20228-K Executive or director change44
- Dec 9, 20228-K Executive or director change45
- Dec 6, 20228-K Entered a material agreement; Shareholder vote; Regulation FD disclosure46
- Nov 8, 20228-K Results of operations47
- Aug 8, 20228-K Results of operations48
- Jun 24, 20228-K Executive or director change49
- Jun 9, 20228-K Other events50
- Jun 22, 2021New chief executive David Bywater becomes CEO12
- Oct 18, 2017New chief executive David M. Maura becomes CEO13
Calendar
When it reported results
- Nov 8, 2022Reported quarterly or annual results47
- Aug 8, 2022Reported quarterly or annual results48
- May 3, 2022Reported quarterly or annual results51
- Feb 24, 2022Reported quarterly or annual results52
- Nov 15, 2021Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
110 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 21 major events, 56 insider forms, 9 large holders, 18 other. The latest 20:
- Mar 20, 202315-12G EDGAR
- Mar 14, 2023EFFECT EDGAR
- Mar 14, 2023SC 13D/A EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 14, 20234 FORM 4 SUBMISSION EDGAR
- Mar 10, 2023S-8 POS EDGAR
- Mar 10, 2023S-8 POS EDGAR
- Mar 10, 2023S-8 POS EDGAR
- Mar 10, 2023S-8 POS EDGAR
The 110 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 0 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 10, 2023 | Blackstone Holdings III GP L.P.10% owner | Sale | 99,889,464 | $12.00 | $1.2B | Form 4 |
| Mar 10, 2023 | Blackstone Management Associates VI L.L.C.10% owner | Sale | 99,889,464 | $12.00 | $1.2B | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Blackstone Holdings III L.P.SC 13D/A, 3 filings Feb 25, 2022 to Mar 14, 202354
- Solamere V Investment, LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 7, 202355
- Fortress Investment Group LLCSC 13D/A, 2 filings Jun 6, 2022 to Dec 7, 202256
- Pedersen Family TrustSC 13G, 1 filing Mar 7, 202257
- Fayerweather Fund Eiger, L.P.SC 13G/A, 1 filing Feb 14, 202258
SEC filer profile
How Vivint Smart Home, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARVivint Smart Home, Inc.1
- CIK0001713952
- Employer ID (EIN)98-13803061
- Filer statusAccelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7381 Services-Detective, Guard & Armored Car Services1
- Business address4931 North 300 West, Provo, UT 846041
- Phone(801) 705-80111
- Shares outstanding214,693,613 as of Feb 22, 20233
- Public float$242.5M as of Jun 30, 20223
- On EDGAR sinceAug 23, 20171
- Filings438 in all: 4 (166), 8-K (59), 3 (34), 10-Q (16), CORRESP (15), SC 13G/A (15), 424B3 (12), 425 (12)1
All 40 form types
SC 13G (12), SC 13D/A (11), UPLOAD (10), EFFECT (7), 10-K (6), S-4/A (6), S-8 POS (6), 25-NSE (4), 8-K/A (4), DEFA14A (4), SC 13D (4), 4/A (3), DEF 14A (3), POS AM (3), S-1/A (3), S-8 (3), 3/A (2), NT 10-Q (2), S-3 (2), S-4 (2), 10-K/A (1), 15-12G (1), 25-NSE/A (1), 424B4 (1), 8-A12B (1), 8-K12B (1), CERTNYS (1), DEFM14C (1), DRS (1), DRSLTR (1), PREM14C (1), S-1 (1)
- Latest filingsAnnual report (10-K) Feb 24, 2023
Quarterly report (10-Q) Nov 9, 2022
Proxy statement (DEF 14A) Apr 15, 2022
Latest 8-K (8-K) Mar 10, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 4
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- 14SEC EDGARAlex J. Dunn, President
- 15
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- 19
- 20SEC EDGARDaniel Garen, Officer
- 21SEC EDGARGarner B. Meads Iii., Officer
- 22
- 23
- 24
- 25SEC EDGARTodd M. Santiago, EVP, GM of Retail
- 26
- 27SEC EDGARMichael J. Staub, Board member
- 28SEC EDGARBarbara Comstock, Board member
- 29SEC EDGARBruce McEvoy, Board member
- 30SEC EDGARDavid F. D'Alessandro, Board member
- 31SEC EDGARJay D. Pauley, Board member
- 32SEC EDGARJoseph S. Tibbetts Jr., Board member
- 33SEC EDGARPaul Galant, Board member
- 34SEC EDGARAndrew A. McKnight, Board member
- 35SEC EDGAREugene I. Davis, Board member
- 36SEC EDGARJoshua A. Pack, Board member
- 37SEC EDGARTyler Kolarik, Board member
- 38SEC EDGARShawn J. Lindquist, General counsel
- 39
- 40SEC EDGAROther events
- 41SEC EDGAROther events
- 42SEC EDGAROther events
- 43SEC EDGAROther events
- 44SEC EDGARExecutive or director change
- 45SEC EDGARExecutive or director change
- 46
- 47SEC EDGARResults of operations
- 48SEC EDGARResults of operations
- 49SEC EDGARExecutive or director change
- 50SEC EDGAROther events
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