Latch, Inc.

Latch, Inc.

LTCHW
Latch, Inc.US flagNASDAQ Global Select
0.00
USD
- -
- -
16,391.00Market Cap
2019 Y
2020 Y
2021 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
Sales/Revenue/Turnover
15
18
41
48
Operating Margin (%)
-333.87
-342.16
-359.21
-347.08
Depreciation Expense
1
1
3
4
Net Income, GAAP
-50
-66
-166
-172
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-337.38
-365.4
-402.13
-356.4
Working Capital
- -
69
292
283
LT Debt
- -
57
- -
- -
Total Equity
- -
-154
378
342
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'21
Dec'21
Mar'22
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
141
142
142
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'21
Dec'21
Mar'22
Total Current Assets
367
333
324
Cash, Cash Equivalents & STI
328
284
264
Accounts Receivable, Net
19
26
29
Inventories
10
12
19
Total Current Liabilities
25
41
41
Payables & Accruals
18
24
26
ST Debt
- -
- -
- -
Deferred Revenue
5
6
7

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-344.73%
Free Cash Flow
- -
- -
94.01%
Net Income, GAAP
- -
- -
152.02%
Sales/Revenue/Turnover
- -
- -
129%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
3
5
7
- -
18
2021
7
9
11
15
41
2022
14
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
David Lillis
Full Time Employees
75
Sector
Technology
Industry
Software - Application
Address
508 West 26th Street New York City United States of America 10001
IPO Date
Dec 31, 2020
Website
latch.com
Business
Latch, Inc. (LTCHW) operates as an enterprise technology company focused on smart access control, building automation, and property management solutions for multifamily residential and commercial properties primarily in the United States and Canada. The company offers LatchOS, a cloud-based operating system integrating access control devices such as Latch M, Latch C, and Latch R smart locks; Latch Intercom for video calling and remote entry; Latch Delivery Assistant for secure package management; smart sensors and IoT hardware including the DOOR Bug, M3 Retrofit Lock, R2 Retrofit Kit, DOOR Link, and DOOR Solar Sign; the DOOR app for resident experience and building intelligence; and professional services encompassing installation, setup, and connected device support. Founded in 2014 and headquartered in Olivette, Missouri, following a 2023 relocation from New York City to a 62,000+ square foot facility, Latch targets property owners, managers, residents, and service providers with hardware-software ecosystems that enable keyless entry, guest management, automation, and operational efficiency. Recent developments include the launch of the DOOR brand and app; acquisitions of HelloTech in 2024 for on-demand installation services and The Broadway Company’s property management division to form DOOR Property Management; introduction of new hardware like smart sensors and retrofit products; key leadership hires such as David Lillis as SVP of Finance and Chris Peckham as Head of Sales; and a planned transition of Chief Strategy Officer Jamie Siminoff to an advisory role effective January 2025, with the St. Louis-based team driving continued strategy execution.