Latch, Inc. (LTCH)
Total Valuation
Latch has a market cap or net worth of $163.73 million. The enterprise value is -$100.22 million.
| Market Cap | 163.73M |
| Enterprise Value | -100.22M |
Important Dates
The next earnings date is Friday, August 12, 2022, before market open.
| Estimated Earnings Date | Aug 12, 2022 |
| Ex-Dividend Date | n/a |
Share Statistics
Latch has 143.62 million shares outstanding. The number of shares has increased by 1,260.03% in one year.
| Shares Outstanding | 143.62M |
| Shares Change (YoY) | +1,260.03% |
| Shares Change (QoQ) | +64.18% |
| Owned by Insiders (%) | 11.65% |
| Owned by Institutions (%) | 65.07% |
| Float | 108.04M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.38 |
| PB Ratio | 0.48 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
| Current Ratio | 7.98 |
| Quick Ratio | 7.22 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
Financial Efficiency
Return on equity (ROE) is -43.20%, which is considered low. The company has a ROIC of -88.10%.
| Return on Equity (ROE) | -43.20% |
| Return on Assets (ROA) | -37.00% |
| Return on Capital (ROIC) | -88.10% |
| Revenue Per Employee | $109,968 |
| Profits Per Employee | -$391,930 |
| Employee Count | 440 |
| Asset Turnover | 0.10 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Latch has paid $70,000 in taxes.
| Income Tax | 70,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -91.30% in the last 52 weeks.
| Beta (1Y) | n/a |
| 52-Week Price Change | -91.30% |
| 50-Day Moving Average | 1.74 |
| 200-Day Moving Average | 4.20 |
| Average Volume (30 Days) | 2,378,712 |
Short Selling Information
The latest short interest is 7.92 million, so 5.52% of the outstanding shares have been sold short.
| Short Interest | 7.92M |
| Short % of Shares Out | 5.52% |
| Short % of Float | 7.33% |
| Short Ratio (days to cover) | 2.60 |
Income Statement
In the last 12 months, Latch had revenue of $48.39 million and -172.45 million in losses. Earnings per share was -$1.45.
| Revenue | 48.39M |
| Gross Profit | -2.52M |
| Operating Income | -167.94M |
| Pretax Income | -172.38M |
| Net Income | -172.45M |
| EBITDA | n/a |
| EBIT | -167.06M |
| Earnings Per Share (EPS) | -$1.45 |
Balance Sheet
The company has $263.95 million in cash and no debt, giving a net cash position of $263.95 million or $1.84 per share.
| Cash & Cash Equivalents | 263.95M |
| Total Debt | 0 |
| Net Cash | 263.95M |
| Net Cash Per Share | $1.84 |
| Book Value | 342.34M |
| Book Value Per Share | 2.38 |
| Working Capital | 283.37M |
Cash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Margins
Gross margin is -5.21%, with operating and profit margins of -347.08% and -356.40%.
| Gross Margin | -5.21% |
| Operating Margin | -347.08% |
| Pretax Margin | -356.26% |
| Profit Margin | -356.40% |
| EBITDA Margin | n/a |
| EBIT Margin | -345.26% |
| FCF Margin | n/a |
Dividends & Yields
Latch does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | -105.33% |
| FCF Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1,260.03% |
| Shareholder Yield | -1,260.03% |
Analyst Forecast
The average price target for Latch is $4.32, which is 278.95% higher than the current price. The consensus rating is "Buy".
| Price Target | $4.32 |
| Price Target Difference | 278.95% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |