Latch, Inc. (LTCH)

OTCMKTS: LTCH · Delayed Price · USD
0.540
-0.060 (-10.00%)
Apr 23, 2024, 3:17 PM EDT - Market open
Market Cap 94.15M
Revenue (ttm) 48.39M
Net Income (ttm) -172.45M
Shares Out 174.36M
EPS (ttm) -1.71
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 23,194
Open 0.540
Previous Close 0.600
Day's Range 0.540 - 0.600
52-Week Range 0.010 - 2.390
Beta 1.73
Analysts n/a
Price Target n/a
Earnings Date Aug 25, 2023

About LTCH

Latch, Inc. operates as an enterprise technology company in the United States and Canada. The company offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. Its software products include Latch Resident Mobile Applications, Latch Manager Web, and the Latch Manager Mobile Applications. The company also offers hardware devices that include M, C, and R series door-mounted access control products; Latch Intercom, which integrates into the L... [Read more]

Sector Technology
Founded 2014
Employees 440
Stock Exchange OTCMKTS
Ticker Symbol LTCH
Full Company Profile

Financial Performance

In 2021, Latch's revenue was $41.36 million, an increase of 129.00% compared to the previous year's $18.06 million. Losses were -$166.32 million, 152.0% more than in 2020.

Financial Statements

News

Latch Launches Door Property Management and Announces the Acquisition of The Broadway Company's Property Management Division

BOSTON & ST. LOUIS--(BUSINESS WIRE)--Latch announced the launch of Door Property Management and the acquisition of the property management business of The Broadway Company (TBC).

26 days ago - Business Wire

Latch Unveils New Campaign, ‘Don't Die, Get NOI,' Amid Renewed Focus to Generate More Net Operating Income (NOI) for Multi-Family Buildings

ST. LOUIS--(BUSINESS WIRE)--Latch today unveiled a new marketing campaign, “Don't Die, Get NOI," and launched a suite of affordable IoT products to monitor apartment buildings.

2 months ago - Business Wire

Latch, Soon to Be Door.com, Celebrates First Shipment From New 48,000+ Square Foot Headquarters in St. Louis

ST. LOUIS--(BUSINESS WIRE)--Latch celebrated its first shipment from its new 48,000+ square foot headquarters in St. Louis.

5 months ago - Business Wire

Latch, Soon to be Door.com, Announces Access Control for Storage Units, Further Expanding Latch Smart Access Throughout Multi-Unit Buildings

ST. LOUIS--(BUSINESS WIRE)--Latch, Inc., soon to be rebranded to Door.com, today announced its newest access control solution designed for storage areas.

5 months ago - Business Wire

Boart Longyear Releases an Upgraded Surface Roller Latch Head Assembly and Overshot

SALT LAKE CITY , Oct. 31, 2023 /PRNewswire/ -- Boart Longyear, the world's leading provider of exploration equipment and performance tooling, is announcing the launch of an upgraded Surface Roller Lat...

6 months ago - PRNewsWire

Latch, Soon to Be Door.com, Announces New 48,000+ Square Foot Headquarters, Bringing Over 30 Jobs to St. Louis

ST. LOUIS--(BUSINESS WIRE)--Latch, Inc., soon to be rebranded to Door.com, today announced it is moving its headquarters from New York City to St. Louis.

7 months ago - Business Wire

Latch is becoming Door.com

Latch was a pretty good name for a startup. One could make the argument that it doesn't exactly say what it does on the tin, but no one shops at the Apple Store looking for produce.

8 months ago - TechCrunch

Latch to Rebrand to Door.com with Expanded Vision of Unlocking the Potential of the Honest Day's Worker

NEW YORK--(BUSINESS WIRE)--Latch today announced plans to rebrand to Door.com with an expanded vision of unlocking the potential of the Honest Day's Worker.

8 months ago - Business Wire

Latch Receives Expected Nasdaq Delisting Determination

NEW YORK--(BUSINESS WIRE)--Latch receives expected delisting determination from Nasdaq.

9 months ago - Business Wire

Latch Notifies Nasdaq That It Does Not Anticipate Meeting Delinquent Filing Deadline

NEW YORK--(BUSINESS WIRE)--Latch notifies Nasdaq that it does not anticipate regaining compliance with its periodic filing obligations by the Aug. 4, 2023 deadline.

9 months ago - Business Wire

Latch Drives Additional Discipline and Efficiency, Setting the Stage For Accelerated Future Growth

NEW YORK--(BUSINESS WIRE)---- $LTCH--Latch, Inc. (NASDAQ: LTCH) today announced its commitment to enhancing operational discipline and efficiency within the organization.

10 months ago - Business Wire

Latch Completes Acquisition of Honest Day's Work

NEW YORK & LOS ANGELES--(BUSINESS WIRE)---- $LTCH--Latch, Inc. (NASDAQ: LTCH) today announced that it has completed the previously announced acquisition of Honest Day's Work.

10 months ago - Business Wire

Latch regains compliance with Nasdaq minimum bid price requirement

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (the “Company”) today announced that on June 15, 2023, the Company received a written notice (the “Notice”) from the Listing Qual...

11 months ago - GlobeNewsWire

Latch Announces New Head of Sales and Expands Integrations for Streamlined Property Management at NAA Apartmentalize 2023

NEW YORK & ATLANTA--(BUSINESS WIRE)---- $LTCH--Today at NAA Apartmentalize 2023, Latch announced Chris Peckham as its new Head of Sales and introduced a new PMS integration with AppFolio.

11 months ago - Business Wire

Latch Announces First Building-Wide Installation of ‘Works with Latch' Marks USA Locks

NEW YORK & SOUTH ORANGE, N.J.--(BUSINESS WIRE)--Latch, Inc. today announced the completion of the first installation of Latch-powered Marks USA Locks at Meridia Village Commons.

11 months ago - Business Wire

Latch Announces New Simplified Subscription Bundles

NEW YORK--(BUSINESS WIRE)--Latch announced a new, simplified pricing structure to enable a variety of building owners to select the best option for partnering with Latch.

11 months ago - Business Wire

Latch receives anticipated notice of additional Nasdaq non-compliance

NEW YORK, May 19, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that on May...

1 year ago - GlobeNewsWire

Ring's founder will become Latch's CEO after selling a stealth startup to the company

Jamie Siminoff has been busy. The Ring founder quietly exited the advisor role he took back in March after exiting the brand's CEO role.

1 year ago - TechCrunch

Latch to Acquire Ring Founder Jamie Siminoff's Latest Company, Honest Day's Work

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Latch, Inc. announced it has entered into a definitive agreement to acquire Honest Day's Work, Ring founder Jamie Siminoff's latest company.

1 year ago - Business Wire

Latch receives extension from Nasdaq Hearings Panel, additional notification of non-compliance

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that on A...

1 year ago - GlobeNewsWire

Latch announces receipt of extended Nasdaq stay

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (Nasdaq: LTCH) (the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that on F...

1 year ago - GlobeNewsWire

Latch Announces Receipt of Expected Nasdaq Delisting Determination, Plans to Request Appeal by February 14

NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that on Fe...

1 year ago - GlobeNewsWire

LATCH ALERT: Fishman Haygood, L.L.P. Announces That It Has Filed a Class Action Lawsuit Against Latch, Inc. and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Fishman Haygood, L.L.P., a nationally recognized law firm, announces that it has filed a class action lawsuit against Latch, Inc. (“Latch” or the “Company”) (NASDAQ: LTCH)...

1 year ago - Business Wire

Latch, Inc. Shareholder News: Robbins LLP Informs Investors of Latch, Inc. (LTCH) f/k/a TS Innovation Acquisitions Corp. (TSIA) of Newly Filed Class Action Lawsuit

SAN DIEGO--(BUSINESS WIRE)--The Class: Shareholder rights law firm Robbins LLP informs investors of a class action on behalf of Legacy Latch shareholders who acquired publicly traded securities of L...

1 year ago - Business Wire

Latch Announces Executive Leadership Changes

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Latch, Inc. (NASDAQ: LTCH) (“Latch” or the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced...

1 year ago - GlobeNewsWire