Latch, Inc. (LTCH)

Latch Income Statement

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

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 Income	0.01	0	0
Interest Expense	-7.78	0	0
Other Expense / Income	25.48	4.19	0.47
Pretax Income	-166.27	-65.99	-50.18
Income Tax	0.05	0.01	0.05
Net Income	-166.32	-65.99	-50.23
Shares Outstanding (Basic)	86	141	141
Shares Outstanding (Diluted)	86	141	141
Shares Change	-38.78%	-	-
EPS (Basic)	-1.92	-0.47	-0.36
EPS (Diluted)	-1.92	-0.47	-0.36
Free Cash Flow	-114.68	-59.11	-51.39
Free Cash Flow Per Share	-1.33	-0.42	-0.36
Gross Margin	-6.47%	-12.06%	-16.19%
Operating Margin	-359.21%	-342.16%	-333.87%
Profit Margin	-402.13%	-365.40%	-337.38%
Free Cash Flow Margin	-277.27%	-327.28%	-345.21%
EBITDA	-135.41	-59.35	-48.06
EBITDA Margin	-327.39%	-328.63%	-322.86%
Depreciation & Amortization	3.24	1.38	0.72
EBIT	-138.65	-60.74	-48.79
EBIT Margin	-335.22%	-336.28%	-327.72%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.