Latch, Inc. (LTCH)
| Market Cap | 22.53M |
| Revenue (ttm) | 42.96M |
| Net Income (ttm) | -162.34M |
| Shares Out | 160.96M |
| EPS (ttm) | -1.13 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 55,609 |
| Open | 0.140 |
| Previous Close | 0.141 |
| Day's Range | 0.126 - 0.140 |
| 52-Week Range | 0.010 - 0.930 |
| Beta | 1.76 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 24, 2025 |
About Latch
Latch, Inc., together with its subsidiaries, operates as a technology company in the United States and Canada. The company offers the Latch Platform, a cloud-based software-as-a-service platform to address the access requirements of modern multifamily buildings. Its software products include Mission Control, a web-based application that allows property managers to enable move-ins, control access sharing, resolve issues remotely, manage rental unit turnover, and ensure their residents are secure; Latch Manager App, the mobile application version... [Read more]
Financial Performance
In 2022, Latch's revenue was $37.56 million, an increase of 46.34% compared to the previous year's $25.66 million. Losses were -$162.34 million, -2.88% less than in 2021.
Financial StatementsNews
Latch Inc Reports 2022 Financial Restatement with $42.955 Million Revenue and $162. ...
Latch Inc Reports 2022 Financial Restatement with $42.955 Million Revenue and $162.336 Million Net Loss
Latch Completes Restatement of Previously Issued Financial Statements and Files 2022 Annual Report on Form 10-K
ST. LOUIS--(BUSINESS WIRE)--Latch, Inc. (“Latch” or the “Company”), soon to be DOOR, today announced that on December 19, 2024, the Company completed its previously announced restatement and filed its...
Latch Announces DOOR Bug, an AI-Powered Intelligent Sensor, at ISC East 2024
ST. LOUIS & NEW YORK--(BUSINESS WIRE)--Latch, Inc., soon to be DOOR, today announced at ISC East 2024 the new DOOR Bug, a $39 AI-powered event and leak detector.
Latch Announces Jamie Siminoff Will Transition to Advisory Role in 2025
ST. LOUIS--(BUSINESS WIRE)--Latch announced Jamie Siminoff, CSO, will step down from his current role and transition to the advisory role of Doorman in 2025.
Latch Announces Refreshed DOOR Link and New DOOR Solar Sign
ST. LOUIS--(BUSINESS WIRE)--Latch announces DOOR Link and Solar Sign, adding cost effective ways to upgrade the resident experience in multi-family buildings.
Latch Announces R2 Retrofit Kit, Unlocking Faster and Cheaper Building Upgrades
ST. LOUIS--(BUSINESS WIRE)--Latch announces its new R2 Retrofit Kit, engineered to quickly and simply replace outdated door access readers with the modern, mobile-enabled R2.
Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging
In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 20...
Latch Adds M3 Retrofit Lock to its Lineup of Smart Locks
ST. LOUIS--(BUSINESS WIRE)--Latch announced its new M3 Retrofit Lock, which fits the pre-existing holes of locks from the five most common mortise lock brands.
Latch Launches Door Property Management and Announces the Acquisition of The Broadway Company's Property Management Division
BOSTON & ST. LOUIS--(BUSINESS WIRE)--Latch announced the launch of Door Property Management and the acquisition of the property management business of The Broadway Company (TBC).
Latch Unveils New Campaign, ‘Don't Die, Get NOI,' Amid Renewed Focus to Generate More Net Operating Income (NOI) for Multi-Family Buildings
ST. LOUIS--(BUSINESS WIRE)--Latch today unveiled a new marketing campaign, “Don't Die, Get NOI," and launched a suite of affordable IoT products to monitor apartment buildings.
Latch, Soon to Be Door.com, Celebrates First Shipment From New 48,000+ Square Foot Headquarters in St. Louis
ST. LOUIS--(BUSINESS WIRE)--Latch celebrated its first shipment from its new 48,000+ square foot headquarters in St. Louis.
Latch, Soon to be Door.com, Announces Access Control for Storage Units, Further Expanding Latch Smart Access Throughout Multi-Unit Buildings
ST. LOUIS--(BUSINESS WIRE)--Latch, Inc., soon to be rebranded to Door.com, today announced its newest access control solution designed for storage areas.
Boart Longyear Releases an Upgraded Surface Roller Latch Head Assembly and Overshot
SALT LAKE CITY , Oct. 31, 2023 /PRNewswire/ -- Boart Longyear, the world's leading provider of exploration equipment and performance tooling, is announcing the launch of an upgraded Surface Roller Lat...
Latch, Soon to Be Door.com, Announces New 48,000+ Square Foot Headquarters, Bringing Over 30 Jobs to St. Louis
ST. LOUIS--(BUSINESS WIRE)--Latch, Inc., soon to be rebranded to Door.com, today announced it is moving its headquarters from New York City to St. Louis.
Latch is becoming Door.com
Latch was a pretty good name for a startup. One could make the argument that it doesn't exactly say what it does on the tin, but no one shops at the Apple Store looking for produce.
Latch to Rebrand to Door.com with Expanded Vision of Unlocking the Potential of the Honest Day's Worker
NEW YORK--(BUSINESS WIRE)--Latch today announced plans to rebrand to Door.com with an expanded vision of unlocking the potential of the Honest Day's Worker.
Latch Receives Expected Nasdaq Delisting Determination
NEW YORK--(BUSINESS WIRE)--Latch receives expected delisting determination from Nasdaq.
Latch Notifies Nasdaq That It Does Not Anticipate Meeting Delinquent Filing Deadline
NEW YORK--(BUSINESS WIRE)--Latch notifies Nasdaq that it does not anticipate regaining compliance with its periodic filing obligations by the Aug. 4, 2023 deadline.
Latch Drives Additional Discipline and Efficiency, Setting the Stage For Accelerated Future Growth
NEW YORK--(BUSINESS WIRE)---- $LTCH--Latch, Inc. (NASDAQ: LTCH) today announced its commitment to enhancing operational discipline and efficiency within the organization.
Latch Completes Acquisition of Honest Day's Work
NEW YORK & LOS ANGELES--(BUSINESS WIRE)---- $LTCH--Latch, Inc. (NASDAQ: LTCH) today announced that it has completed the previously announced acquisition of Honest Day's Work.
Latch regains compliance with Nasdaq minimum bid price requirement
NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (the “Company”) today announced that on June 15, 2023, the Company received a written notice (the “Notice”) from the Listing Qual...
Latch Announces New Head of Sales and Expands Integrations for Streamlined Property Management at NAA Apartmentalize 2023
NEW YORK & ATLANTA--(BUSINESS WIRE)---- $LTCH--Today at NAA Apartmentalize 2023, Latch announced Chris Peckham as its new Head of Sales and introduced a new PMS integration with AppFolio.
Latch Announces First Building-Wide Installation of ‘Works with Latch' Marks USA Locks
NEW YORK & SOUTH ORANGE, N.J.--(BUSINESS WIRE)--Latch, Inc. today announced the completion of the first installation of Latch-powered Marks USA Locks at Meridia Village Commons.
Latch Announces New Simplified Subscription Bundles
NEW YORK--(BUSINESS WIRE)--Latch announced a new, simplified pricing structure to enable a variety of building owners to select the best option for partnering with Latch.
Latch receives anticipated notice of additional Nasdaq non-compliance
NEW YORK, May 19, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that on May...