Latch, Inc. Overview
Industry: Software Application
Sector: Technology
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 Latch core access systems and allows audio and video calls for remote unlocking; Latch Camera, a dome camera; Latch Hub, a connectivity solution that enables smart access, smart home, and sensor devices at various buildings; and Latch Leak Detector, a solution to enable leak prevention, detection, and resolution for building owners and residents. In addition, it provides NFC unlock on Android that allows the user to unlock their door without even opening their phone; Latch Visitor Express, a contactless visitor entry system; and LatchID, an identification system. The company is headquartered in New York, New York. 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 La Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Latch, Inc. into one research view. The sections below show what strengthens or weakens the research case.
Score
Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $15.7M (reported). Net loss was -$5,938. Adjusted EBITDA was -$3.9M (-46% YoY).
Revenue
$15.7M
reported
Net loss
-$5,938
reported
Adjusted EBITDA
-$3.9M
-46% YoY
Cash
$58.7M
reported
What changed
- Revenue reported to $15.7M.
- Adjusted EBITDA -46% YoY to -$3.9M.
Guidance / outlook
No formal outlook was extracted from this filing excerpt. Open the SEC source to review full management commentary.
Earnings release
Open filing
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Trinity Biotech partners with Latch Medical on metabolic health tech
Headline from Investing.com: Trinity Biotech partners with Latch Medical on metabolic health tech.
Trinity Biotech Partners with Latch Medical to Advance Biosensor-Guided Precision Drug Delivery Solutions Using CGM+ Technology
Headline from Yahoo Finance: Trinity Biotech Partners with Latch Medical to Advance Biosensor-Guided Precision Drug Delivery Solutions Using CGM+ Technology.
PEDEGO INTRODUCES THE ALL-NEW RIDGE RIDER 2 AND LATCH 2 E-BIKES
Headline from PR Newswire: PEDEGO INTRODUCES THE ALL-NEW RIDGE RIDER 2 AND LATCH 2 E-BIKES.
Form 4 Latch Inc For: 15 July By Investing.com
Headline from Investing.com Canada: Form 4 Latch Inc For: 15 July By Investing.com.
Earnings Per Share
Score 4.00/5
Latch, Inc. boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
In
Software Application industry
, Manhattan Associates Inc
, Cadence Design Systems Inc
, CoreCard
are companies with high ratings.
Return on Equity
Score 0.58/5
Latch, Inc. exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
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Net Margin
Score 0.36/5
Latch, Inc.
olds a low score as its net margin consistently trails below the sector median value and doesn't exhibit continuous growth over the last six years; notable companies in the sector with commendable scores include
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
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Leverage
Score 2.82/5
Latch, Inc.
attains a commendable score in the category due to its lower leverage ratio over the past six years in comparison to the sector median value. Additionally, other notable companies in the same sector, such as
Applied Materials Inc
Alphabet Inc Class A
Check Point Software Technologies Ltd
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
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Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.
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