Technology -
Software - Application - OTC - US
$ 0.145
-0.0625 %
$ 23.9 M
Market Cap
-0.33
P/E
1. INTRINSIC VALUE
Balance Sheet
Latch, Inc.
| Current Assets | 237 M |
| Cash & Short-Term Investments | 180 M |
| Receivables | 22.9 M |
| Other Current Assets | 34.4 M |
| Non-Current Assets | 57.6 M |
| Long-Term Investments | 0 |
| PP&E | 1.46 M |
| Other Non-Current Assets | 56.1 M |
| Current Liabilities | 94.3 M |
| Accounts Payable | 3.64 M |
| Short-Term Debt | 22 M |
| Other Current Liabilities | 68.7 M |
| Non-Current Liabilities | 31 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 31 M |
EFFICIENCY
Earnings Waterfall
Latch, Inc.
| Revenue | 45 M |
| Cost Of Revenue | 39.6 M |
| Gross Profit | 5.33 M |
| Operating Expenses | 109 M |
| Operating Income | -104 M |
| Other Expenses | 3.78 M |
| Net Income | -108 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Latch, Inc.
| Net Income | -108 M |
| Depreciation & Amortization | 7.2 M |
| Capital Expenditures | -327 K |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 19.4 M |
| Others | 18.8 M |
| Free Cash Flow | -65.9 M |
Wall Street Analysts Price Targets
Latch, Inc.
LTCH has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
LTCH does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Latch, Inc.
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
7. News
JP Morgan AM: Chinese companies are trying 'to latch on' to AI investment
Tai Hui of JP Morgan Asset Management says China's drive for AI's self sufficiency will drive more competition with incumbents like Nvidia, but global demand for AI processing power and GPUs will continue.
youtube.com
- 2 weeks ago
India is ready to 'latch on to the next supply chain shift, says Crisil
Crisil's Chief Economist Dharmakirti Joshi says India has a chance to better align with global supply chains, particularly in electronics and solar manufacturing. While the country missed the initial shift, he believes the country can now capitalize on the opportunity.
youtube.com
- 2 weeks ago
US NTSB urges FAA to require Boeing 757 airplane door latch inspections
The National Transportation Safety Board on Thursday urged the Federal Aviation Administration to require airlines to inspect latches on Boeing 757 airplane doors after a 2023 emergency evacuation of a FedEx flight in Tennessee, and to replace them if needed.
reuters.com
- 1 month ago
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of Latch, Inc. – LTCH
NEW YORK, Feb. 17, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of Latch, Inc. (OTCMKTS: LTCH):
globenewswire.com
- 3 months ago
Latch Announces New Leadership Team
ST. LOUIS--(BUSINESS WIRE)--Latch, Inc., soon to be DOOR, today announced the appointment of a new leadership team to spearhead its next phase of growth and execution.
businesswire.com
- 3 months ago
Atlas UP acquires Latch, launching the first AI-powered Chief of Staff to combat trillions lost in unproductive work
LOS ANGELES--(BUSINESS WIRE)-- #AIAcquisition--Atlas UP, the military-grade AI platform trusted by the Department of Justice, Federal Bureau of Investigation, and SpaceX, today announced its acquisition of Latch, an AI-based change management platform developed by SHIFT. This strategic combination creates the first AI-powered “Chief of Staff,” tackling the significant annual productivity loss due to unproductive work and workplace inefficiencies. "Research shows that 64% of human capital is lost to wasted work.
businesswire.com
- 3 months ago
Latch Announces DOOR Bug, an AI-Powered Intelligent Sensor, at ISC East 2024
ST. LOUIS & NEW YORK--(BUSINESS WIRE)--Latch, Inc., soon to be DOOR, today announced at ISC East 2024 the new DOOR Bug, a $39 AI-powered event and leak detector.
businesswire.com
- 5 months ago
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
- 7 months 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
- 9 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
- 1 year 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
- 1 year 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
- 1 year ago
8. Profile
Summary
Latch, Inc. LTCH
COUNTRY
US
INDUSTRY
Software - Application
MARKET CAP
$ 23.9 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
75
Officers
Mr. Jeff Mayfield
Chief Financial Officer
Mr. David Lillis
Chief Executive Officer
Mr. Priyen Patel
Chief Strategy & Legal Officer
Mr. Chris Peckham
Head of Operations
Mr. James W. Siminoff
Advisor
Mr. James Malone
Head of Revenue