Latch, Inc. (LTCH) Financials

$0.12

south_east -$0.01 (-4.78%)
Day's range
$0.11
Day's range
$0.13

LTCH Income statement / Annual

Last year (2021), Latch, Inc.'s total revenue was $41.36 M, an increase of 129.00% from the previous year. In 2021, Latch, Inc.'s net income was -$166.32 M. See Latch, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2021 FY-2020 FY-2019
Period Ended 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $41.36 M $18.06 M $14.89 M
Cost of Revenue $44.04 M $20.24 M $17.30 M
Gross Profit -$2.68 M -$2.18 M -$2.41 M
Gross Profit Ratio -0.06 -0.12 -0.16
Research and Development Expenses $45.85 M $25.31 M $18.34 M
General & Administrative Expenses $61.82 M $19.80 M $15.15 M
Selling & Marketing Expenses $34.99 M $13.13 M $13.08 M
Selling, General & Administrative Expenses $96.80 M $32.92 M $28.23 M
Other Expenses $3.24 M $1.38 M $723,000.00
Operating Expenses $145.89 M $59.62 M $47.29 M
Cost And Expenses $189.93 M $79.86 M $64.59 M
Interest Income $0.00 $2,255.00 $443.00
Interest Expense $7.78 M $0.00 $0.00
Depreciation & Amortization $3.24 M $1.38 M $723,000.00
EBITDA -$145.33 M -$60.17 M -$48.98 M
EBITDA Ratio -3.51 -3.29 -3.23
Operating Income Ratio -3.42 -3.42 -3.34
Total Other Income/Expenses Net -$24.63 M -$5.24 M -$473,000.00
Income Before Tax -$166.27 M -$65.99 M -$50.18 M
Income Before Tax Ratio -4.02 -3.65 -3.37
Income Tax Expense $53,000.00 $8,000.00 $50,000.00
Net Income -$166.32 M -$65.99 M -$50.23 M
Net Income Ratio -4.02 -3.65 -3.37
EPS -1.92 -0.47 -0.36
EPS Diluted -1.92 -0.47 -0.36
Weighted Average Shares Out $86.47 M $141.26 M $141.26 M
Weighted Average Shares Out Diluted $86.47 M $141.26 M $141.26 M
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