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Latch, Inc. Stock Price

OTCPK:LTCH Community·US$19.7m Market Cap
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LTCH Share Price Performance

US$0.12
-0.72 (-85.71%)
US$0.12
-0.72 (-85.71%)
Price US$0.12

LTCH Community Narratives

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Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

2 Risks
1 Reward

Latch, Inc. Key Details

US$56.6m

Revenue

US$31.6m

Cost of Revenue

US$25.0m

Gross Profit

US$82.6m

Other Expenses

-US$57.6m

Earnings

Last Reported Earnings
Dec 31, 2024
Next Reporting Earnings
n/a
-0.35
44.19%
-101.71%
5.2%
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About LTCH

Founded
n/a
Employees
220
CEO
David Lillis
WebsiteView website
www.latch.com

Latch, Inc., together with its subsidiaries, operates as a technology company in the United States and Canada. It offers the DOOR Platform, a cloud-based software-as-a-service platform that manages suite of smart access control devices, including locks, readers and intercoms; and smart home devices. Its software products include DOOR OS: a web-based application for building owners, property managers and channel partners to manage access permissions, oversee building operations, monitor connected devices, streamline resident turnover and resolve operational issues–all remotely; Concierge Pro: provides remote receptionist capabilities for deliveries and guest arrivals, integrated with latch intercom or latch link devices; and OpenKit: a Software Development Kits (SDKs) and Application Programming Interfaces (APIs) allowing partners. The company also offers hardware devices that include Latch Access Devices: a hardware portfolio includes smart locks for unit doors and readers for common area and building entrances, designed to meet industry standards and building codes; Connectivity and Other Devices: it offer devices such as Latch Intercom, Latch Link, a QR-code based virtual intercom, DOOR Camera and DOOR Hub, which acts as a connectivity hub enabling communication between the DOOR Platform and various smart access, smart home, and sensor devices within a building; and Third-Party Integration, it allows third-party hardware manufacturers to embed Latch technology in their products. It serves real estate developers, builders, building owners and property managers. Latch, Inc. is headquartered in Olivette, Missouri.

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