Latch, Inc. (LTCH)
OTCMKTS · Delayed Price · Currency is USD
0.1675
-0.0547 (-24.62%)
Feb 13, 2026, 3:11 PM EST

Latch Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
66.4956.6344.9642.9627.6113
Revenue Growth (YoY)
36.79%25.95%4.67%55.56%112.49%-12.71%
Cost of Revenue
38.1831.6132.4346.8432.6515.62
Gross Profit
28.3125.0212.53-3.89-5.04-2.63
Selling, General & Admin
51.6956.0767.8492.6895.1632.28
Research & Development
19.516.5630.8452.5946.1925.79
Operating Expenses
77.5379.83105.88150.77144.4559.49
Operating Income
-49.22-54.81-93.35-154.66-149.49-62.12
Interest Expense
-3.45-4.48-5.79-7.44-9.09-3.17
Interest & Investment Income
3.365.898.14.481.33-
Other Non Operating Income (Expenses)
0.290.50.459.42-8.43-0.89
EBT Excluding Unusual Items
-49.02-52.9-90.59-148.2-165.67-66.18
Merger & Restructuring Charges
-1.58-1.58-5.81-8.57--
Gain (Loss) on Sale of Investments
-0.09-0.09--3.460.05-
Asset Writedown
-3.05-3.05-0.7---
Legal Settlements
0.22-7.38-10.41-2.01--1.04
Other Unusual Items
7.47.4---1.47-0.2
Pretax Income
-46.12-57.59-107.51-162.25-167.09-67.42
Income Tax Expense
-00.030.090.050.01
Net Income
-46.12-57.6-107.54-162.34-167.15-67.42
Net Income to Common
-46.12-57.6-107.54-162.34-167.15-67.42
Shares Outstanding (Basic)
159157150144867
Shares Outstanding (Diluted)
159157150144867
Shares Change (YoY)
2.00%4.69%4.19%66.08%1094.60%10.27%
EPS (Basic)
-0.29-0.37-0.72-1.13-1.93-9.31
EPS (Diluted)
-0.29-0.37-0.72-1.13-1.93-9.31
Free Cash Flow
-54.97-76.17-65.91-137.48-108.06-54.53
Free Cash Flow Per Share
-0.35-0.49-0.44-0.96-1.25-7.53
Gross Margin
42.58%44.19%27.87%-9.05%-18.25%-20.21%
Operating Margin
-74.03%-96.78%-207.63%-360.05%-541.37%-477.99%
Profit Margin
-69.37%-101.71%-239.18%-377.92%-605.32%-518.84%
Free Cash Flow Margin
-82.68%-134.51%-146.60%-320.05%-391.35%-419.62%
EBITDA
-47.88-52.81-91.55-153.06-148.59-61.5
EBITDA Margin
-72.02%-93.25%-203.62%---
D&A For EBITDA
1.3321.81.60.890.62
EBIT
-49.22-54.81-93.35-154.66-149.49-62.12
EBIT Margin
-74.03%-96.78%-207.63%---
Revenue as Reported
66.4956.6344.9642.9627.6113
Advertising Expenses
---2.72.50.4
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.