Latch Statistics

Total Valuation

Latch has a market cap or net worth of $92.41 million. The enterprise value is -$171.54 million.

Market Cap	92.41M
Enterprise Value	-171.54M

Important Dates

The last earnings date was Friday, August 25, 2023, after market close.

Earnings Date	Aug 25, 2023
Ex-Dividend Date	n/a

Share Statistics

Latch has 174.36 million shares outstanding.

Shares Outstanding	174.36M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	11.24%
Owned by Institutions (%)	0.37%
Float	127.83M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	1.91
Forward PS	1.41
PB Ratio	0.27
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 7.98, with zero debt.

Current Ratio	7.98
Quick Ratio	7.22
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	15.53

Financial Efficiency

Return on equity (ROE) is -50.37% and return on invested capital (ROIC) is -49.05%.

Return on Equity (ROE)	-50.37%
Return on Assets (ROA)	-41.54%
Return on Capital (ROIC)	-49.05%
Revenue Per Employee	$109,968
Profits Per Employee	-$391,930
Employee Count	440
Asset Turnover	0.11
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

Beta (1Y)	1.73
52-Week Price Change	n/a
50-Day Moving Average	n/a
200-Day Moving Average	n/a
Relative Strength Index (RSI)	35.90
Average Volume (30 Days)	54,070

Short Selling Information

The latest short interest is 3.32 million, so 1.90% of the outstanding shares have been sold short.

Short Interest	3.32M
Short Previous Month	3.54M
Short % of Shares Out	1.90%
Short % of Float	2.60%
Short Ratio (days to cover)	2.21

Income Statement

In the last 12 months, Latch had revenue of $48.39 million and -$172.45 million in losses. Loss per share was -$1.71.

Revenue	48.39M
Gross Profit	-2.52M
Operating Income	-167.94M
Pretax Income	-172.38M
Net Income	-172.45M
EBITDA	-157.52M
EBIT	-161.61M
Loss Per Share	-$1.71

Full Income Statement

Balance Sheet

The company has $263.95 million in cash and no debt, giving a net cash position of $263.95 million or $1.51 per share.

Cash & Cash Equivalents	263.95M
Total Debt	n/a
Net Cash	263.95M
Net Cash Per Share	$1.51
Equity / Book Value	342.34M
Book Value Per Share	1.96
Working Capital	283.37M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$135.33 million and capital expenditures -$9.89 million, giving a free cash flow of -$145.22 million.

Operating Cash Flow	-135.33M
Capital Expenditures	-9.89M
Free Cash Flow	-145.22M
FCF Per Share	-$1.02

Full Cash Flow Statement

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	-325.55%
EBIT Margin	-334.01%
FCF Margin	-300.13%

Dividends & Yields

Latch does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.50%
Shareholder Yield	-0.50%
Earnings Yield	-186.61%
FCF Yield	-157.15%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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

Scores

Latch has an Altman Z-Score of -0.85 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.85
Piotroski F-Score	4