Latch, Inc. (LTCH)
NASDAQ: LTCH · IEX Real-Time Price · USD
1.30
+0.05 (4.00%)
Aug 12, 2022 4:00 PM EDT - Market closed
Income Statement (Quarterly)
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Quarter Ended | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-23 | 2020-06-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue
|
13.66 | 14.52 | 11.2 | 9.01 | 6.63 | 7.49 | 5.1 | 2.75 |
| Revenue Growth (YoY)
|
105.99% | 93.94% | 119.76% | 227.47% | - | - | - | - |
| Cost of Revenue
|
13.03 | 18.48 | 11.15 | 8.24 | 6.16 | 7.85 | 5.89 | 3.24 |
| Gross Profit
|
0.62 | -3.96 | 0.04 | 0.77 | 0.47 | -0.36 | -0.8 | -0.49 |
| Selling, General & Admin
|
31.47 | 38.54 | 21.77 | 15.05 | 21.45 | 9.26 | 7.36 | 6.84 |
| Research & Development
|
18.26 | 17.45 | 11.8 | 6.99 | 9.62 | 5.8 | 6.98 | 6.93 |
| Other Operating Expenses
|
1.51 | 1.07 | 0.83 | 0.69 | 0.65 | 0.48 | 0.32 | 0.31 |
| Operating Expenses
|
51.24 | 57.06 | 34.39 | 22.73 | 31.71 | 15.54 | 14.66 | 14.08 |
| Operating Income
|
-50.62 | -61.02 | -34.35 | -21.96 | -31.25 | -15.9 | -15.45 | -14.57 |
| Interest Expense / Income
|
0.86 | 0.81 | 0.78 | 2.87 | 3.32 | 2.36 | 0.46 | 0.29 |
| Other Expense / Income
|
-7.27 | -7.87 | -0.98 | 15.23 | 3.54 | 0.93 | -0.04 | 0.13 |
| Pretax Income
|
-44.21 | -53.96 | -34.15 | -40.06 | -38.1 | -19.19 | -15.87 | -14.99 |
| Income Tax
|
0.02 | -0.05 | 0.09 | 0.01 | 0 | 0.01 | 0 | 0 |
| Net Income
|
-44.23 | -53.91 | -34.24 | -40.07 | -38.1 | -19.19 | -15.87 | -14.99 |
| Net Income Common
|
-44.23 | -53.91 | -34.24 | -40.07 | -38.1 | -19.19 | -15.87 | -14.99 |
| Shares Outstanding (Basic)
|
142 | 86 | 141 | 51 | 10 | 8 | 7 | 7 |
| Shares Outstanding (Diluted)
|
142 | 86 | 141 | 51 | 10 | 8 | 7 | 7 |
| Shares Change
|
1260.03% | 1052.34% | 1834.77% | 621.21% | - | - | - | - |
| EPS (Basic)
|
-0.31 | -0.26 | -0.24 | -0.78 | -3.65 | -2.57 | -2.18 | -2.11 |
| EPS (Diluted)
|
-0.31 | -0.26 | -0.24 | -0.78 | -3.65 | -2.57 | -2.18 | -2.11 |
| Free Cash Flow Per Share
|
-0.33 | -0.49 | -0.24 | - | -1.54 | -1.84 | -1.64 | - |
| Gross Margin
|
4.60% | -27.30% | 0.40% | 8.50% | 7.00% | -4.80% | -15.60% | -17.70% |
| Operating Margin
|
-370.70% | -420.20% | -306.80% | -243.60% | -471.40% | -212.30% | -303.30% | -529.40% |
| Profit Margin
|
-323.90% | -371.20% | -305.80% | -444.60% | -574.80% | -256.30% | -311.60% | -544.50% |
| Free Cash Flow Margin
|
-341.30% | -294.90% | -303.70% | - | -242.40% | -184.70% | -233.50% | - |
| Effective Tax Rate
|
-0.04% | 0.09% | -0.26% | -0.02% | 0.00% | -0.03% | -0.02% | 0.00% |
| EBITDA
|
-41.84 | -52.08 | -32.54 | - | -34.13 | -16.35 | -15.09 | - |
| EBITDA Margin
|
-306.40% | -358.60% | -290.60% | - | -514.90% | -218.30% | -296.20% | - |
| Depreciation & Amortization
|
1.51 | 1.07 | 0.83 | - | 0.65 | 0.48 | 0.32 | - |
| EBIT
|
-43.35 | -53.15 | -33.37 | -37.19 | -34.78 | -16.83 | -15.41 | -14.7 |
| EBIT Margin
|
-317.50% | -366.00% | -298.00% | -412.60% | -524.70% | -224.70% | -302.50% | -534.00% |
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).