Latch, Inc. (LTCH)
NASDAQ: LTCH · IEX Real-Time Price · USD
1.14
0.00 (0.00%)
At close: Jul 1, 2022 4:00 PM
1.10
-0.04 (-3.51%)
After-hours:
Jul 1, 2022 7:56 PM EDT
Income Statement (Annual)
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Year | 2021 | 2020 | 2019 |
|---|---|---|---|
| Revenue
|
41.36 | 18.06 | 14.89 |
| Revenue Growth (YoY)
|
129.00% | 21.32% | - |
| Cost of Revenue
|
44.04 | 20.24 | 17.3 |
| Gross Profit
|
-2.68 | -2.18 | -2.41 |
| Selling, General & Admin
|
96.8 | 32.92 | 28.23 |
| Research & Development
|
45.85 | 25.31 | 18.34 |
| Other Operating Expenses
|
3.24 | 1.38 | 0.72 |
| Operating Expenses
|
145.89 | 59.62 | 47.29 |
| Operating Income
|
-148.57 | -61.8 | -49.7 |
| Interest Expense / Income
|
7.78 | 3.17 | -0.44 |
| Other Expense / Income
|
9.92 | 1.02 | 0.92 |
| Pretax Income
|
-166.27 | -65.99 | -50.18 |
| Income Tax
|
0.05 | 0.01 | 0.05 |
| Net Income
|
-166.32 | -65.99 | -50.23 |
| Net Income Common
|
-166.32 | -65.99 | -50.23 |
| Shares Outstanding (Basic)
|
86 | 7 | 7 |
| Shares Outstanding (Diluted)
|
86 | 7 | 7 |
| Shares Change
|
1094.60% | -1.08% | - |
| EPS (Basic)
|
-1.92 | -9.12 | -6.86 |
| EPS (Diluted)
|
-1.92 | -9.12 | -6.86 |
| Free Cash Flow Per Share
|
-1.32 | -8.14 | -7.02 |
| Gross Margin
|
-6.48% | -12.06% | -16.19% |
| Operating Margin
|
-359.21% | -342.16% | -333.87% |
| Profit Margin
|
-402.13% | -365.39% | -337.38% |
| Free Cash Flow Margin
|
-275.58% | -326.18% | -345.18% |
| Effective Tax Rate
|
-0.03% | -0.01% | -0.10% |
| EBITDA
|
-155.25 | -61.43 | -49.9 |
| EBITDA Margin
|
-375.36% | -340.14% | -335.16% |
| Depreciation & Amortization
|
3.24 | 1.38 | 0.72 |
| EBIT
|
-158.49 | -62.81 | -50.62 |
| EBIT Margin
|
-383.19% | -347.79% | -340.02% |
Source: Financials are provided by
Nasdaq Data Link
and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).