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Latch, Inc.

Latch, Inc., together with its subsidiaries, operates as a technology company in the United States and Canada. The company offers the Latch Platform, a cloud-based software-as-a-service platform to address the access requirements of modern multifamily buildings. Its software products include Mission Control, a web-based application that allows property managers to enable move-ins, control access sharing, resolve issues remotely, manage rental unit turnover, and ensure their residents are secure; Latch Manager App, the mobile application version of Mission Control; Latch App, which is used by residents to unlock doors, give access to guests or service providers, control and manage smart home devices, and interact and communicate with property managers or consumer services; Concierge Pro, a remote receptionist for deliveries; and Open Kit, which supports third-party software workflows around resident move-in and move-out. The company also offers hardware devices that include M, C, and R series, which are door or wall mounted access control products that interface with industry-standard lock hardware; Latch Intercom and Latch Link, which allows audio and video calls for remote unlocking; Latch Camera, a dome camera; and Latch Field Station, a connectivity solution that enables smart access, smart home, and sensor devices. It serves real estate developers, builders, building owners and property managers in the multifamily market. Latch, Inc. is headquartered in Olivette, Missouri.

Market Cap

$25.8M

Volume

1.6M

Cash and Equivalents

$109.8M

EBITDA

-$161.6M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

-$3.9M

Profit Margin

9.14%

52 Week High

$0.90

52 Week Low

$0.01

Dividend

N/A

Price / Book Value

0.10

Price / Earnings

-0.14

Price / Tangible Book Value

0.10

Enterprise Value

-$203.9M

Enterprise Value / EBITDA

1.27

Operating Income

-$163.2M

Return on Equity

52.81%

Return on Assets

-26.63

Cash and Short Term Investments

$230.1M

Debt

$424.0K

Equity

$240.8M

Revenue

$43.0M

Unlevered FCF

-$73.0M

Sector

Software

Category

N/A

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