Latch Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	109.83	124.78	60.53	54.22
Short-Term Investments	120.23	158.97	-	-
Cash & Short-Term Investments	230.06	283.76	60.53	54.22
Cash Growth	-18.92%	368.79%	11.64%	-
Receivables	7.03	11.89	8.23	7.03
Inventory	29.44	23.08	8.29	6.15
Prepaid Expenses	12.33	12.71	3.31	1.56
Total Current Assets	278.86	331.42	80.36	68.95
Property, Plant & Equipment	2.47	2.04	0.75	1.06
Long-Term Investments	4.84	102.88	-	-
Other Intangible Assets	13.89	11.85	7.71	3.32
Other Long-Term Assets	16.62	1.41	0.79	0.24
Total Assets	316.66	449.6	89.61	73.57
Accounts Payable	6.01	6.52	3.73	3.79
Accrued Expenses	13.27	16.24	5.03	2.79
Current Portion of Leases	0.28	-	-	-
Current Unearned Revenue	10.69	7.26	2.34	1.01
Other Current Liabilities	14.03	12.6	0.75	0.09
Total Current Liabilities	44.26	42.61	11.86	7.68
Long-Term Debt	-	-	57.2	-
Long-Term Leases	0.15	-	-	-
Long-Term Unearned Revenue	31.24	23.21	13.18	6.06
Other Long-Term Liabilities	0.26	9.79	1.05	-
Total Liabilities	75.91	75.61	83.28	13.74
Common Stock	0.02	0.02	-	-
Additional Paid-In Capital	735.79	705.87	7.9	5.72
Retained Earnings	-493.59	-331.21	-162.19	-96.19
Comprehensive Income & Other	-1.46	-0.68	0.01	-
Total Common Equity	240.76	373.99	-154.28	-90.47
Shareholders' Equity	240.76	373.99	6.33	59.84
Total Liabilities & Equity	316.66	449.6	89.61	73.57
Total Debt	0.42	-	57.2	-
Net Cash (Debt)	229.64	283.76	3.33	54.22
Net Cash Growth	-19.07%	8410.95%	-93.85%	-
Net Cash Per Share	1.60	3.28	0.46	8.26
Filing Date Shares Outstanding	160.96	142.78	15.16	10.84
Total Common Shares Outstanding	145.35	142.33	9.11	7.84
Working Capital	234.59	288.81	68.5	61.28
Book Value Per Share	1.66	2.63	-16.94	-11.54
Tangible Book Value	226.87	362.14	-161.99	-93.78
Tangible Book Value Per Share	1.56	2.54	-17.79	-11.96
Machinery	5.67	3.9	1.88	1.66

Source: S&P Capital IQ. Standard template. Financial Sources.