Latch Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	94.68	109.83	124.78	60.53	54.22
Short-Term Investments	84.86	120.23	158.97	-	-
Cash & Short-Term Investments	179.54	230.06	283.76	60.53	54.22
Cash Growth	-21.96%	-18.92%	368.79%	11.64%	-
Receivables	6	7.03	11.89	8.23	7.03
Inventory	16.56	29.44	23.08	8.29	6.15
Prepaid Expenses	34.76	12.33	12.71	3.31	1.56
Total Current Assets	236.85	278.86	331.42	80.36	68.95
Property, Plant & Equipment	1.47	2.47	2.04	0.75	1.06
Long-Term Investments	-	4.84	102.88	-	-
Goodwill	25.32	-	-	-	-
Other Intangible Assets	14.55	13.89	11.85	7.71	3.32
Other Long-Term Assets	16.24	16.62	1.41	0.79	0.24
Total Assets	294.43	316.66	449.6	89.61	73.57
Accounts Payable	3.64	6.01	6.52	3.73	3.79
Accrued Expenses	8.11	13.27	16.24	5.03	2.79
Short-Term Debt	22	-	-	-	-
Current Portion of Leases	0.59	-	-	-	-
Current Unearned Revenue	10.84	10.69	7.26	2.34	1.01
Other Current Liabilities	49.16	14.3	12.6	0.75	0.09
Total Current Liabilities	94.34	44.26	42.61	11.86	7.68
Long-Term Debt	-	-	-	57.2	-
Long-Term Leases	2.17	-	-	-	-
Long-Term Unearned Revenue	28.74	31.24	23.21	13.18	6.06
Other Long-Term Liabilities	0.05	0.41	9.79	1.05	-
Total Liabilities	125.3	75.91	75.61	83.28	13.74
Common Stock	0.02	0.02	0.02	-	-
Additional Paid-In Capital	770.2	735.79	705.87	7.9	5.72
Retained Earnings	-601.13	-493.59	-331.21	-162.19	-96.19
Comprehensive Income & Other	0.05	-1.46	-0.68	0.01	-
Total Common Equity	169.14	240.76	373.99	-154.28	-90.47
Shareholders' Equity	169.14	240.76	373.99	6.33	59.84
Total Liabilities & Equity	294.43	316.66	449.6	89.61	73.57
Total Debt	24.75	-	-	57.2	-
Net Cash (Debt)	154.78	230.06	283.76	3.33	54.22
Net Cash Growth	-32.72%	-18.92%	8410.95%	-93.85%	-
Net Cash Per Share	0.97	1.60	3.28	0.46	8.26
Filing Date Shares Outstanding	164.83	160.96	142.78	15.16	10.84
Total Common Shares Outstanding	176.2	145.35	142.33	9.11	7.84
Working Capital	142.52	234.59	288.81	68.5	61.28
Book Value Per Share	0.96	1.66	2.63	-16.94	-11.54
Tangible Book Value	129.27	226.87	362.14	-161.99	-93.78
Tangible Book Value Per Share	0.73	1.56	2.54	-17.79	-11.96
Machinery	5.98	5.67	3.9	1.88	1.66

Updated Dec 19, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.