Latch, Inc. (LTCH)
OTCMKTS · Delayed Price · Currency is USD
0.1200
0.00 (0.00%)
Nov 17, 2025, 4:00 PM EST

Latch Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024FY 2023FY 2022FY 2021FY 20202019
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019
56.6344.9642.9627.6113
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Revenue Growth (YoY)
25.95%4.67%55.56%112.49%-12.71%
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Cost of Revenue
31.6132.4346.8432.6515.62
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Gross Profit
25.0212.53-3.89-5.04-2.63
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Selling, General & Admin
56.0767.8492.6895.1632.28
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Research & Development
16.5630.8452.5946.1925.79
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Operating Expenses
79.83105.88150.77144.4559.49
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Operating Income
-54.81-93.35-154.66-149.49-62.12
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Interest Expense
-4.48-5.79-7.44-9.09-3.17
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Interest & Investment Income
5.898.14.481.33-
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Other Non Operating Income (Expenses)
0.50.459.42-8.43-0.89
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EBT Excluding Unusual Items
-52.9-90.59-148.2-165.67-66.18
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Merger & Restructuring Charges
-1.58-5.81-8.57--
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Gain (Loss) on Sale of Investments
-0.09--3.460.05-
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Asset Writedown
-3.05-0.7---
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Legal Settlements
-7.38-10.41-2.01--1.04
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Other Unusual Items
7.4---1.47-0.2
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Pretax Income
-57.59-107.51-162.25-167.09-67.42
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Income Tax Expense
00.030.090.050.01
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Net Income
-57.6-107.54-162.34-167.15-67.42
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Net Income to Common
-57.6-107.54-162.34-167.15-67.42
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Shares Outstanding (Basic)
157150144867
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Shares Outstanding (Diluted)
157150144867
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Shares Change (YoY)
4.69%4.19%66.08%1094.60%10.27%
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EPS (Basic)
-0.37-0.72-1.13-1.93-9.31
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EPS (Diluted)
-0.37-0.72-1.13-1.93-9.31
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Free Cash Flow
-76.17-65.91-137.48-108.06-54.53
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Free Cash Flow Per Share
-0.49-0.44-0.96-1.25-7.53
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Gross Margin
44.19%27.87%-9.05%-18.25%-20.21%
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Operating Margin
-96.78%-207.63%-360.05%-541.37%-477.99%
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Profit Margin
-101.71%-239.18%-377.92%-605.32%-518.84%
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Free Cash Flow Margin
-134.51%-146.60%-320.05%-391.35%-419.62%
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EBITDA
-52.81-91.55-153.06-148.59-61.5
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EBITDA Margin
-93.25%-203.62%---
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D&A For EBITDA
21.81.60.890.62
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EBIT
-54.81-93.35-154.66-149.49-62.12
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EBIT Margin
-96.78%-207.63%---
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Revenue as Reported
56.6344.9642.9627.6113
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Advertising Expenses
--2.72.50.4
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Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.