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Latch, Inc. Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
Revenues41.418.114.9
            Revenue growth129.0%21.3% 
Cost of goods sold44.020.217.3
Gross profit-2.7-2.2-2.4
            Gross margin-6.5%-12.1%-16.2%
Sales and marketing35.013.113.1
Research and development45.825.318.3
General and administrative61.819.815.1
EBIT-161.2-62.7-49.7
            EBIT margin-389.6%-346.9%-333.9%
Pre-tax income-166.3-66.0-50.2
Income taxes0.10.00.1
Net income-166.3-66.0-50.2
            Net margin-402.1%-365.4%-337.4%
 
Diluted EPS($1.92)($9.12)($7.65)
Shares outstanding (diluted)86.57.26.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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