Latch, Inc. (LTCH)
OTCMKTS · Delayed Price · Currency is USD
0.2499
-0.0001 (-0.04%)
At close: Mar 2, 2026

Latch Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
68.9756.6344.9642.9627.6113
Revenue Growth (YoY)
28.01%25.95%4.67%55.56%112.49%-12.71%
Cost of Revenue
39.0231.6132.4346.8432.6515.62
Gross Profit
29.9525.0212.53-3.89-5.04-2.63
Selling, General & Admin
44.7456.0767.8492.6895.1632.28
Research & Development
18.3916.5630.8452.5946.1925.79
Operating Expenses
68.9379.83105.88150.77144.4559.49
Operating Income
-38.98-54.81-93.35-154.66-149.49-62.12
Interest Expense
-3.23-4.48-5.79-7.44-9.09-3.17
Interest & Investment Income
2.495.898.14.481.33-
Other Non Operating Income (Expenses)
0.360.50.459.42-8.43-0.89
EBT Excluding Unusual Items
-39.36-52.9-90.59-148.2-165.67-66.18
Merger & Restructuring Charges
-1.58-1.58-5.81-8.57--
Gain (Loss) on Sale of Investments
-0.09-0.09--3.460.05-
Asset Writedown
-3.05-3.05-0.7---
Legal Settlements
1.03-7.38-10.41-2.01--1.04
Other Unusual Items
7.47.4---1.47-0.2
Pretax Income
-35.65-57.59-107.51-162.25-167.09-67.42
Income Tax Expense
-00.030.090.050.01
Net Income
-35.65-57.6-107.54-162.34-167.15-67.42
Net Income to Common
-35.65-57.6-107.54-162.34-167.15-67.42
Shares Outstanding (Basic)
160157150144867
Shares Outstanding (Diluted)
160157150144867
Shares Change (YoY)
2.33%4.69%4.19%66.08%1094.60%10.27%
EPS (Basic)
-0.22-0.37-0.72-1.13-1.93-9.31
EPS (Diluted)
-0.23-0.37-0.72-1.13-1.93-9.31
Free Cash Flow
-42.18-76.17-65.91-137.48-108.06-54.53
Free Cash Flow Per Share
-0.26-0.49-0.44-0.96-1.25-7.53
Gross Margin
43.43%44.19%27.87%-9.05%-18.25%-20.21%
Operating Margin
-56.51%-96.78%-207.63%-360.05%-541.37%-477.99%
Profit Margin
-51.69%-101.71%-239.18%-377.92%-605.32%-518.84%
Free Cash Flow Margin
-61.16%-134.51%-146.60%-320.05%-391.35%-419.62%
EBITDA
-35.68-52.81-91.55-153.06-148.59-61.5
EBITDA Margin
-51.73%-93.25%-203.62%---
D&A For EBITDA
3.321.81.60.890.62
EBIT
-38.98-54.81-93.35-154.66-149.49-62.12
EBIT Margin
-56.51%-96.78%-207.63%---
Revenue as Reported
68.9756.6344.9642.9627.6113
Advertising Expenses
---2.72.50.4
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.