Latch Inc logo

LTCH

Latch Inc

$1.12

Earnings Summary

Revenue
$13.66Mn
Net Profits
$-44.23Mn
Net Profit Margins
-323.92%

Highlights

Revenue:

Latch Inc’s revenue jumped 105.99% since last year same period to $13.66Mn in the Q1 2022. On a quarterly growth basis, Latch Inc has generated -5.97% fall in its revenue since last 3-months.

Net Profits:

Latch Inc’s net profit fell -386.81% since last year same period to $-44.23Mn in the Q1 2022. On a quarterly growth basis, Latch Inc has generated 17.95% jump in its net profits since last 3-months.

Net Profit Margins:

Latch Inc’s net profit margin fell -136.33% since last year same period to -323.92% in the Q1 2022. On a quarterly growth basis, Latch Inc has generated 12.74% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Latch Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.31
EPS Estimate Current Year
-0.31

Highlights

EPS Estimate Current Quarter:

Latch Inc’s earning per share (EPS) estimates for the current quarter stand at -0.31 - a 3.13% jump from last quarter’s estimates.

EPS Estimate Current Year:

Latch Inc’s earning per share (EPS) estimates for the current year stand at -0.31.

Key Ratios

Key ratios of the Latch Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.36
Return on Assets (ROA)
-0.41
Return on Equity (ROE)
-1.05
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Latch Inc’s earning per share (EPS) fell -48.58% since last year same period to -0.36 in the Q1 2022. This indicates that the Latch Inc has generated -48.58% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Latch Inc’s return on assets (ROA) stands at -0.41.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Latch Inc’s return on equity (ROE) stands at -1.05.

Dividend Per Share (DPS):

Latch Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.32
-0.36
-12.5%

Company Information

Organisation
Latch Inc
Employees
3