LTCHW
Income statement / Annual
Last year (2024), Latch, Inc.'s total revenue was $56.63 M,
an increase of 25.95% from the previous year.
In 2024, Latch, Inc.'s net income was -$57.60 M.
See Latch, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$56.63 M |
$44.96 M |
$42.96 M |
$41.36 M |
$18.06 M |
$14.89 M |
| Cost of Revenue |
$31.64 M
|
$39.63 M
|
$46.88 M
|
$44.04 M
|
$20.24 M
|
$17.30 M
|
| Gross Profit |
$24.99 M
|
$5.33 M
|
-$3.92 M
|
-$2.68 M
|
-$2.18 M
|
-$2.41 M
|
| Gross Profit Ratio |
0.44
|
0.12
|
-0.09
|
-0.06
|
-0.12
|
-0.16
|
| Research and Development Expenses |
$17.32 M
|
$30.84 M
|
$54.93 M
|
$45.85 M
|
$25.31 M
|
$18.34 M
|
| General & Administrative Expenses |
$44.47 M
|
$55.81 M
|
$53.28 M
|
$61.82 M
|
$19.80 M
|
$15.15 M
|
| Selling & Marketing Expenses |
$12.57 M
|
$15.39 M
|
$45.59 M
|
$34.99 M
|
$13.13 M
|
$13.08 M
|
| Selling, General & Administrative Expenses |
$57.04 M
|
$78.25 M
|
$98.87 M
|
$96.80 M
|
$32.92 M
|
$28.23 M
|
| Other Expenses |
$10.05 M
|
$0.00
|
$7.51 M
|
$3.24 M
|
$1.38 M
|
$723.00 K
|
| Operating Expenses |
$84.41 M
|
$109.09 M
|
$161.32 M
|
$145.89 M
|
$59.62 M
|
$47.29 M
|
| Cost And Expenses |
$116.04 M
|
$148.72 M
|
$208.20 M
|
$189.93 M
|
$76.15 M
|
$64.59 M
|
| Interest Income |
$0.00
|
$8.10 M
|
$4.48 M
|
$0.00
|
$0.00
|
$443.00
|
| Interest Expense |
$0.00
|
$5.79 M
|
$7.44 M
|
$7.78 M
|
$3.17 M
|
$0.00
|
| Depreciation & Amortization |
$7.20 M
|
$7.20 M
|
$1.60 M
|
$3.24 M
|
$1.38 M
|
$723.00 K
|
| EBITDA |
-$50.39 M |
-$94.52 M |
-$161.63 M |
-$145.33 M |
-$61.43 M |
-$48.98 M |
| EBITDA Ratio |
-0.89
|
-2.1
|
-3.76
|
-3.51
|
-3.4
|
-3.29
|
| Operating Income Ratio |
-1.05
|
-2.31
|
-3.85
|
-3.59
|
-3.22
|
-3.34
|
| Total Other Income/Expenses Net |
$1.82 M
|
-$3.76 M
|
$3.00 M
|
-$17.70 M
|
-$7.87 M
|
-$473.00 K
|
| Income Before Tax |
-$57.59 M
|
-$107.51 M
|
-$162.25 M
|
-$166.27 M
|
-$65.99 M
|
-$50.18 M
|
| Income Before Tax Ratio |
-1.02
|
-2.39
|
-3.78
|
-4.02
|
-3.65
|
-3.37
|
| Income Tax Expense |
$2.00 K
|
$30.00 K
|
$89.00 K
|
$53.00 K
|
$8.00 K
|
$50.00 K
|
| Net Income |
-$57.60 M
|
-$107.54 M
|
-$162.34 M
|
-$166.32 M
|
-$65.99 M
|
-$50.23 M
|
| Net Income Ratio |
-1.02
|
-2.39
|
-3.78
|
-4.02
|
-3.65
|
-3.37
|
| EPS |
-0.37 |
-0.68 |
-1.13 |
-1.92 |
-0.47 |
-0.36 |
| EPS Diluted |
-0.37 |
-0.68 |
-1.13 |
-1.92 |
-0.47 |
-0.36 |
| Weighted Average Shares Out |
$156.65 B
|
$159.15 M
|
$143.62 M
|
$86.47 M
|
$141.26 M
|
$141.26 M
|
| Weighted Average Shares Out Diluted |
$156.65 B
|
$159.15 M
|
$143.62 M
|
$86.47 M
|
$141.26 M
|
$141.26 M
|
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