Latch, Inc. (LTCH)

NASDAQ: LTCH · IEX Real-Time Price · USD
1.14
0.00 (0.00%)
At close: Jul 1, 2022 4:00 PM
1.10
-0.04 (-3.51%)
After-hours: Jul 1, 2022 7:56 PM EDT

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
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

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
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 $1.84 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
Full Balance Sheet

Cash Flow

Operating Cash Flow n/a
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
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 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%
Dividend Details

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 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