MARKETS / BALCAO / LTCH
BALCAO · WHOLESALE-HARDWARE · SMALL CAP

Latch, Inc. LTCH

7 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$70.1M
▲ 23.8% vs FY2024
EPS · FY25
$-0.34
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-63.5%
Net margin · FY25
-76.7%
Dividend coverage
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Result
USD 70.1M
Revenue, FY2025 · full 7-year series below
Revenue Net income
0.020.040.060.080.1-0.1201920222025
0.020.040.060.080.1-0.1201920222025

The company lost 77 cents on every revenue dollar this year.

Per share
USD -0.34
Diluted EPS, FY2025
EPS
0.40.81.2-0.34201920222025
0.40.81.2-0.34201920222025

The company pays no cash dividend.

Profitability
-63.5%
Return on equity, FY2025
ROE
0.250.50.751-63.5%201920222025
0.250.50.751-63.5%201920222025
Operating margin-75.2%
Net margin-76.7%
Return on assets-35.5%

Each USD of equity lost 64 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+40.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+17.7%
+40.1%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.16B
Shares outstanding, FY2025
0.010.16201920222025
0.010.16201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 106.8M
total assets, end of FY2025
Total assetsUSD 106.8M
EquityUSD 58.0M
CashUSD 34.6M
Gross debtUSD 4.6M
Net debtUSD -30.0M
Current ratio2.30×

The company holds more cash than debt.

History
7 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
Revenue $B
0.1
0.1
0.0
0.0
0.0
0.0
0.0
Operating income $B
−0.1
−0.1
−0.1
−0.2
−0.1
−0.1
−0.0
EBITDA $B
−0.0
−0.1
−0.1
−0.2
−0.1
−0.1
−0.0
Income tax $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.1
−0.1
−0.1
−0.2
−0.2
−0.1
−0.1
EPS, diluted $
−0.34
−0.37
−0.72
−1.13
−1.93
−9.31
−7.65
Dividend / sh $
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
ROE %
−63.5
−41.1
−52.5
−52.8
−153.3
·
·
Shares out B
0.16
0.16
0.18
0.14
0.14
0.01
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
19 of 19
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed