Latch, Inc. financial data

Location
Olivette, MO
Fiscal year end
31 December
Latest financial report
10-K - Q4 2024 - 05 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 262% % -26%
Quick Ratio 20% % -35%
Debt-to-equity 68% % 28%
Return On Equity -43% % 25%
Return On Assets -25% % 32%
Operating Margin -105% % 57%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 164,034,812 shares
Common Stock, Shares, Outstanding 164,087,277 shares -6.5%
Entity Public Float $44,700,000 USD -72%
Common Stock, Value, Issued $19,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 156,652,301 shares 4.7%
Weighted Average Number of Shares Outstanding, Diluted 156,652,301 shares 4.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $56,630,000 USD 26%
Cost of Revenue $31,636,000 USD -3.1%
Research and Development Expense $17,318,000 USD -49%
Selling and Marketing Expense $12,568,000 USD -18%
General and Administrative Expense $44,471,000 USD -33%
Operating Income (Loss) $59,414,000 USD 46%
Nonoperating Income (Expense) $1,820,000 USD -34%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $57,594,000 USD 46%
Income Tax Expense (Benefit) $2,000 USD -93%
Net Income (Loss) Attributable to Parent $57,596,000 USD 46%
Earnings Per Share, Basic 0 USD/shares 49%
Earnings Per Share, Diluted 0 USD/shares 49%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $70,203,000 USD -26%
Accounts Receivable, after Allowance for Credit Loss, Current $9,864,000 USD 64%
Inventory, Net $14,376,000 USD -13%
Assets, Current $130,153,000 USD -45%
Property, Plant and Equipment, Net $1,073,000 USD -27%
Operating Lease, Right-of-Use Asset $2,779,000 USD -0.61%
Intangible Assets, Net (Excluding Goodwill) $2,584,000 USD -46%
Goodwill $30,205,000 USD 19%
Other Assets, Noncurrent $5,579,000 USD -8.6%
Assets $196,424,000 USD -33%
Accounts Payable, Current $7,821,000 USD 115%
Accrued Liabilities, Current $35,066,000 USD -36%
Contract with Customer, Liability, Current $11,900,000 USD 9.8%
Liabilities, Current $57,193,000 USD -39%
Contract with Customer, Liability, Noncurrent $21,282,000 USD -26%
Other Liabilities, Noncurrent $2,251,000 USD 1.6%
Liabilities $85,241,000 USD -32%
Accumulated Other Comprehensive Income (Loss), Net of Tax $21,000 USD -56%
Retained Earnings (Accumulated Deficit) $658,722,000 USD -9.6%
Stockholders' Equity Attributable to Parent $111,183,000 USD -34%
Liabilities and Equity $196,424,000 USD -33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $31,100,000 USD -21%
Net Cash Provided by (Used in) Investing Activities $45,162,000 USD 39%
Common Stock, Shares Authorized 1,000,000,000 shares 0%
Common Stock, Shares, Issued 164,087,277 shares -6.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $13,925,000 USD 103%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $70,203,000 USD -26%
Deferred Tax Assets, Valuation Allowance $172,919,000 USD 18%
Deferred Tax Assets, Gross $174,423,000 USD 16%
Operating Lease, Liability $2,894,000 USD 5.1%
Payments to Acquire Property, Plant, and Equipment $10,000 USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $57,623,000 USD 46%
Lessee, Operating Lease, Liability, to be Paid $4,332,000 USD 3.6%
Property, Plant and Equipment, Gross $6,600,000 USD 10%
Lessee, Operating Lease, Liability, to be Paid, Year Two $407,000 USD -36%
Lessee, Operating Lease, Liability, to be Paid, Year One $704,000 USD 20%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,438,000 USD 0.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three $419,000 USD 26%
Deferred Tax Assets, Operating Loss Carryforwards $141,425,000 USD 32%
Preferred Stock, Shares Authorized 100,000,000 shares 0%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $432,000 USD 26%
Additional Paid in Capital $769,866,000 USD -0.04%
Amortization of Intangible Assets $1,000,000 USD 100%
Depreciation, Depletion and Amortization $7,202,000 USD 0.01%
Deferred Tax Assets, Net of Valuation Allowance $1,504,000 USD -58%
Share-based Payment Arrangement, Expense $580,000 USD -103%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%