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Technology - Software - Application - NASDAQ - US
$ 0.84
171 %
$ 146 M
Market Cap
-0.69
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one LTCH stock under the base case scenario is HIDDEN Compared to the current market price of 0.84 USD, Latch, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LTCH

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FINANCIALS
41.4 M REVENUE
129.00%
-142 M OPERATING INCOME
-129.20%
-166 M NET INCOME
-152.02%
-106 M OPERATING CASH FLOW
-97.35%
-278 M INVESTING CASH FLOW
-4977.96%
448 M FINANCING CASH FLOW
584.60%
13.7 M REVENUE
-5.97%
-50.6 M OPERATING INCOME
17.05%
-44.2 M NET INCOME
17.95%
-43.8 M OPERATING CASH FLOW
-3.85%
12.2 M INVESTING CASH FLOW
116.65%
-2.18 M FINANCING CASH FLOW
-658.54%
Balance Sheet Decomposition Latch, Inc.
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Current Assets 333 M
Cash & Short-Term Investments 284 M
Receivables 25.6 M
Other Current Assets 23.2 M
Non-Current Assets 120 M
Long-Term Investments 103 M
PP&E 2.04 M
Other Non-Current Assets 14.8 M
Current Liabilities 40.8 M
Accounts Payable 6.23 M
Short-Term Debt 0
Other Current Liabilities 34.5 M
Non-Current Liabilities 34 M
Long-Term Debt 0
Other Non-Current Liabilities 34 M
EFFICIENCY
Earnings Waterfall Latch, Inc.
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Revenue 41.4 M
Cost Of Revenue 44 M
Gross Profit -2.68 M
Operating Expenses 146 M
Operating Income -142 M
Other Expenses 24.7 M
Net Income -166 M
RATIOS
-6.47% GROSS MARGIN
-6.47%
-342.46% OPERATING MARGIN
-342.46%
-402.13% NET MARGIN
-402.13%
-44.05% ROE
-44.05%
-36.77% ROA
-36.77%
-37.53% ROIC
-37.53%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Latch, Inc.
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Net Income -166 M
Depreciation & Amortization 3.24 M
Capital Expenditures -8.82 M
Stock-Based Compensation 29.9 M
Change in Working Capital 10.8 M
Others 47.7 M
Free Cash Flow -115 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Latch, Inc.
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LTCH has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Latch, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Latch Announces Refreshed DOOR Link and New DOOR Solar Sign ST. LOUIS--(BUSINESS WIRE)--Latch announces DOOR Link and Solar Sign, adding cost effective ways to upgrade the resident experience in multi-family buildings. businesswire.com - 1 month ago
Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 2000 remains a more appropriate benchmark for comparison. Top gainers include FTAI Aviation and FTAI Infrastructure, while top detractors include Latch and Industrial Short. seekingalpha.com - 3 months ago
Latch Adds M3 Retrofit Lock to its Lineup of Smart Locks ST. LOUIS--(BUSINESS WIRE)--Latch announced its new M3 Retrofit Lock, which fits the pre-existing holes of locks from the five most common mortise lock brands. businesswire.com - 6 months ago
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). businesswire.com - 7 months ago
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. businesswire.com - 9 months ago
Nvidia Goes AWOL. But Top Funds Latch Onto This AI Stock. Nvidia remains an AI darling, but top funds like these things about Adobe stock as it sets up another buy point. investors.com - 9 months ago
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. businesswire.com - 11 months ago
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. businesswire.com - 1 year ago
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 Latch Wireline System. Extending the successful Roller Latch family of wireline tooling, Boart Longyear focused on safety, reliability, and productivity. prnewswire.com - 1 year ago
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. businesswire.com - 1 year ago
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. techcrunch.com - 1 year ago
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. businesswire.com - 1 year ago
8. Profile Summary

Latch, Inc. LTCH

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 146 M
Dividend Yield 0.00%
Description 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.
Contact 508 West 26th Street, New York, NY, 10001 https://www.latch.com
IPO Date Dec. 31, 2020
Employees 440
Officers Mr. Barry Schaeffer Treasurer Eugenia Adjigogovic Head of People Mr. Jason Mitura Chief Product Officer Mr. James W. Siminoff Chief Strategy Officer & Director Mr. David Lillis Senior Vice President of Finance Mr. Jason Keyes Interim Chief Executive Officer Mr. Marc E. Landy Interim Chief Financial Officer Claire Duval Vice President of Operations Mr. Luciano Panaro Chief Technology Officer Mr. Chris Peckham Head of Sales