Latch, Inc. (LTCH)

Latch Balance Sheet

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

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	90.96	124.78	60.53	54.22
Short-Term Investments	172.99	158.97	-	-
Cash & Short-Term Investments	263.95	283.76	60.53	54.22
Cash Growth	467.13%	368.79%	11.64%	-
Receivables	28.97	25.64	8.23	7.03
Inventory	19	11.62	8.29	6.15
Prepaid Expenses	12.05	11.61	3.31	1.56
Total Current Assets	323.96	332.62	80.36	68.95
Property, Plant & Equipment	3.16	2.04	0.75	1.06
Long-Term Investments	71.06	102.88	-	-
Other Intangible Assets	14.41	13.32	7.71	3.32
Other Long-Term Assets	2.53	1.45	0.79	0.24
Total Assets	415.12	452.3	89.61	73.57
Accounts Payable	5.76	6.23	3.73	3.79
Accrued Expenses	16.51	16.33	5.03	2.79
Short-Term Debt	2.3	3.4	-	-
Current Unearned Revenue	7.21	6.02	2.34	1.01
Other Current Liabilities	8.62	8.8	0.75	0.09
Total Current Liabilities	40.59	40.77	11.86	7.68
Long-Term Debt	-	-	57.2	-
Long-Term Unearned Revenue	28.48	24.19	13.18	6.06
Other Long-Term Liabilities	3.52	9.79	1.05	-
Total Liabilities	72.77	74.75	83.28	13.74
Common Stock	0.03	0.03	-	-
Additional Paid-In Capital	718.31	706.71	7.9	5.72
Retained Earnings	-373.7	-328.51	-162.19	-96.19
Comprensive Income & Other	-2.29	-0.68	0.01	-
Total Common Equity	342.34	377.56	-154.28	-90.47
Shareholders' Equity	342.34	377.56	6.33	59.84
Total Liabilities & Equity	415.12	452.3	89.61	73.57
Total Debt	2.68	3.4	57.2	-
Net Cash (Debt)	261.27	280.36	3.33	54.22
Net Cash Growth	-	8308.97%	-93.85%	-
Net Cash Per Share	2.19	3.24	0.46	8.26
Filing Date Shares Outstanding	143.62	142.78	15.16	10.84
Total Common Shares Outstanding	142.24	142.33	9.11	7.84
Working Capital	283.37	291.85	68.5	61.28
Book Value Per Share	2.41	2.65	-16.94	-11.54
Tangible Book Value	327.93	364.24	-161.99	-93.78
Tangible Book Value Per Share	2.31	2.56	-17.79	-11.96
Machinery	4.89	3.9	1.88	1.66

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