Latch, Inc.
NASDAQ:LTCH
0.16 (USD) • At close April 2, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2023 Q4 | 2023 Q3 | 2023 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||
| Current Assets: | ||||||||||
| Cash & Cash Equivalents
| 94.675 | 56.298 | 119.85 | 90.959 | 124.782 | 240.306 | 471.999 | 46.542 | 60.529 | -54.218 |
| Short Term Investments
| 84.861 | 112.201 | 65.381 | 172.993 | 158.973 | 88.135 | 0 | 300.005 | 0 | 108.436 |
| Cash and Short Term Investments
| 179.536 | 168.499 | 185.231 | 263.952 | 283.755 | 328.441 | 471.999 | 46.542 | 60.529 | 54.218 |
| Net Receivables
| 22.904 | 20.891 | 20.923 | 28.967 | 25.642 | 18.648 | 12.143 | 0 | 8.227 | 0 |
| Inventory
| 16.559 | 22.134 | 21.799 | 18.996 | 11.615 | 9.976 | 8.966 | 7.747 | 8.293 | 0 |
| Other Current Assets
| 17.854 | 19.938 | 16.496 | 12.047 | 23.212 | 20.272 | 6.154 | 0.583 | 3.309 | 0 |
| Total Current Assets
| 236.853 | 231.462 | 244.449 | 323.962 | 332.618 | 367.201 | 496.185 | 69.974 | 80.358 | 54.218 |
| Non-Current Assets: | ||||||||||
| Property, Plant & Equipment, Net
| 1.465 | 1.602 | 1.875 | 2.755 | 2.039 | 1.653 | 1.157 | 0.951 | 0.753 | 0 |
| Goodwill
| 25.322 | 25.322 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets
| 14.548 | 15.775 | 11.919 | 14.411 | 12.475 | 13.037 | 10.145 | 8.408 | 7.416 | 0 |
| Goodwill and Intangible Assets
| 39.87 | 41.097 | 11.919 | 14.411 | 12.475 | 13.037 | 10.145 | 8.408 | 7.416 | 0 |
| Long Term Investments
| 0 | 2.002 | 4.946 | 71.058 | 102.878 | 104.138 | 0 | 0 | -0.189 | 0 |
| Tax Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.189 | 0 |
| Other Non-Current Assets
| 16.244 | 13.435 | 14.857 | 2.929 | 2.294 | 1.452 | 1.134 | 1.116 | 1.082 | -54.218 |
| Total Non-Current Assets
| 57.579 | 58.136 | 33.597 | 91.153 | 119.686 | 120.28 | 12.436 | 10.475 | 9.251 | -54.218 |
| Total Assets
| 294.432 | 289.598 | 278.046 | 415.115 | 452.304 | 487.481 | 508.621 | 80.449 | 89.609 | 0 |
| Liabilities & Equity: | ||||||||||
| Current Liabilities: | ||||||||||
| Account Payables
| 3.642 | 2.238 | 2.812 | 5.757 | 6.229 | 5.945 | 4.397 | 5.53 | 3.732 | 0 |
| Short Term Debt
| 22 | 22 | 0 | 0 | 3.4 | 0 | 0 | 0.47 | 0 | 0 |
| Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 10.837 | 11.212 | 10.685 | 7.211 | 6.016 | 4.541 | 3.686 | 0 | 2.344 | 0 |
| Other Current Liabilities
| 57.859 | 40.889 | 45.194 | 27.622 | 25.126 | 14.786 | 12.172 | 10.301 | 5.781 | 0 |
| Total Current Liabilities
| 94.338 | 76.339 | 58.691 | 40.59 | 40.771 | 25.272 | 20.255 | 16.301 | 11.857 | 0 |
| Non-Current Liabilities: | ||||||||||
| Long Term Debt
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62.316 | 57.195 | 0 |
| Deferred Revenue Non-Current
| 28.742 | 30.12 | 31.733 | 28.484 | 24.19 | 18.818 | 16.88 | 0 | 13.178 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 0 | -0.178 | 0 | 0 | 0 | 0 | 160.605 | 0 |
| Other Non-Current Liabilities
| 2.215 | 0.03 | 0.621 | 3.698 | 9.787 | 18.159 | 19.226 | 16.283 | 1.051 | 0 |
| Total Non-Current Liabilities
| 30.957 | 30.15 | 32.354 | 32.182 | 33.977 | 36.977 | 36.106 | 78.599 | 232.029 | 0 |
| Total Liabilities
| 125.295 | 106.489 | 91.045 | 72.772 | 74.748 | 62.249 | 56.361 | 94.9 | 243.886 | 0 |
| Equity: | ||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 487.481 | 508.621 | 160.605 | 160.605 | 150.305 |
| Common Stock
| 0.019 | 0.019 | 0.016 | 0.032 | 0.025 | 0.021 | 0.015 | 250.334 | 0 | 0 |
| Retained Earnings
| -601.126 | -584.664 | -557.386 | -373.702 | -328.506 | -274.598 | -240.359 | -200.288 | -162.187 | 0 |
| Accumulated Other Comprehensive Income/Loss
| 0.048 | -0.074 | -0.312 | -2.292 | -0.676 | -0.057 | 0.004 | 0.002 | 0.009 | -90.469 |
| Other Total Stockholders Equity
| 770.196 | 767.828 | 744.683 | 718.305 | 706.713 | 699.866 | 692.6 | -225.104 | 162.178 | 0 |
| Total Shareholders Equity
| 169.137 | 183.109 | 187.001 | 342.343 | 377.556 | 425.232 | 452.26 | -14.451 | -154.277 | 59.836 |
| Total Equity
| 169.137 | 183.109 | 187.001 | 342.343 | 377.556 | 425.232 | 452.26 | -14.451 | -154.277 | 59.836 |
| Total Liabilities & Shareholders Equity
| 294.432 | 289.598 | 278.046 | 415.115 | 452.304 | 487.481 | 508.621 | 80.449 | 89.609 | 59.836 |