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 Q3 | 2020 Q2 | 2020 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 13.96 | 9.673 | 10.178 | 13.655 | 14.522 | 11.197 | 9.012 | 6.629 | 7.488 | 5.095 | 2.752 | 2.726 |
| Cost of Revenue
| 10.963 | 5.435 | 7.974 | 13.033 | 18.481 | 11.153 | 8.242 | 6.162 | 7.848 | 5.89 | 3.239 | 3.262 |
| Gross Profit
| 2.997 | 4.238 | 2.204 | 0.622 | -3.959 | 0.044 | 0.77 | 0.467 | -0.36 | -0.795 | -0.487 | -0.536 |
| Gross Profit Ratio
| 0.215 | 0.438 | 0.217 | 0.046 | -0.273 | 0.004 | 0.085 | 0.07 | -0.048 | -0.156 | -0.177 | -0.197 |
| Reseach & Development Expenses
| 5.807 | 10.236 | 8.674 | 18.257 | 17.446 | 11.798 | 6.989 | 9.615 | 5.803 | 6.977 | 6.93 | 5.604 |
| General & Administrative Expenses
| 0 | 0 | 0 | 14.178 | 22.158 | 11.971 | 9.993 | 17.696 | 6.547 | 4.198 | 3.976 | 4.041 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 17.296 | 16.383 | 9.797 | 5.055 | 3.75 | 2.71 | 3.161 | 2.863 | 4.392 |
| SG&A
| 14.22 | 17.447 | 24.817 | 31.474 | 38.541 | 21.768 | 15.048 | 21.446 | 9.257 | 7.359 | 6.839 | 8.433 |
| Other Expenses
| 0 | 0 | 0 | 1.506 | 1.072 | 0.825 | 0.689 | 0.653 | 0.117 | 0.054 | -0.126 | 0 |
| Operating Expenses
| 20.027 | 27.683 | 33.491 | 51.237 | 57.059 | 34.391 | 22.726 | 31.714 | 15.535 | 14.657 | 14.082 | 15.345 |
| Operating Income
| -17.03 | -23.445 | -31.287 | -50.615 | -61.018 | -34.347 | -21.956 | -31.247 | -15.895 | -15.452 | -14.569 | -14.846 |
| Operating Income Ratio
| -1.22 | -2.424 | -3.074 | -3.707 | -4.202 | -3.068 | -2.436 | -4.714 | -2.123 | -3.033 | -5.294 | -5.446 |
| Total Other Income Expenses Net
| 0.587 | -3.833 | 0.411 | 6.401 | 0.136 | 0.198 | -18.105 | -6.854 | -3.293 | -0.419 | -0.428 | -1.095 |
| Income Before Tax
| -16.443 | -27.278 | -30.876 | -44.214 | -53.955 | -34.149 | -40.061 | -38.101 | -19.188 | -15.871 | -14.986 | -15.941 |
| Income Before Tax Ratio
| -1.178 | -2.82 | -3.034 | -3.238 | -3.715 | -3.05 | -4.445 | -5.748 | -2.563 | -3.115 | -5.445 | -5.848 |
| Income Tax Expense
| 0.019 | 0 | 0 | 0.017 | -0.047 | 0.09 | 0.01 | 6.854 | 0.005 | 0.003 | 0 | 0 |
| Net Income
| -16.462 | -27.278 | -30.876 | -44.231 | -53.908 | -34.239 | -40.071 | -44.955 | -19.193 | -15.874 | -14.986 | -15.941 |
| Net Income Ratio
| -1.179 | -2.82 | -3.034 | -3.239 | -3.712 | -3.058 | -4.446 | -6.782 | -2.563 | -3.116 | -5.445 | -5.848 |
| EPS
| -0.094 | -0.16 | -0.21 | -0.31 | -0.38 | -0.24 | -0.28 | -0.32 | -0.14 | -0.11 | -0.11 | -0.11 |
| EPS Diluted
| -0.094 | -0.16 | -0.21 | -0.31 | -0.38 | -0.24 | -0.28 | -0.32 | -0.14 | -0.11 | -0.11 | -0.11 |
| EBITDA
| -14.617 | -25.422 | -29.18 | -41.844 | -52.077 | -33.522 | -21.267 | -30.594 | -15.75 | -15.131 | -14.245 | -14.573 |
| EBITDA Ratio
| -1.047 | -2.628 | -2.867 | -3.064 | -3.586 | -2.994 | -2.36 | -4.615 | -2.103 | -2.97 | -5.176 | -5.346 |