Latch (LTCH)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	109.83 mm	109.83 mm	109.83 mm	109.83 mm	109.83 mm	109.83 mm
Cash burn (monthly)	830.67 k	1.25 mm	9.68 mm	14.06 mm	7.23 mm	11.27 mm
Cash used (since last report)	21.66 mm	32.50 mm	252.50 mm	366.61 mm	188.48 mm	293.92 mm
Cash remaining	88.16 mm	77.33 mm	-142.67 mm	-256.78 mm	-78.65 mm	-184.09 mm
Runway (months of cash)	106.1	62.1	-14.7	-18.3	-10.9	-16.3

Beta Read what these cash burn values mean

Financial data from Latch earnings reports.

Institutional ownership, Q3 2024

LTCH institutional ownership history Ownership history

13.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	4	5	-20.0%
Opened positions	0	2	EXIT
Closed positions	1	0	NEW
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	2.82 mm	5.79 mm	-51.4%
Total shares	21.29 mm	21.30 mm	-0.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Lux Capital Management	11.31 mm	$0.00	0.0%
Lux Ventures IV	9.64 mm	$0.00	0.0%
Integrated Core Strategies	336.44 k	$2.55 mm	0.0%
Massmutual Trust Co FSB	537.00	$269.00 k	0.0%

Largest transactions	Shares	Bought/sold	Change
Redwood Wealth Management	0.00	-8.74 k	EXIT
Massmutual Trust Co FSB	537.00	0.00	0.0%
Integrated Core Strategies	336.44 k	0.00	0.0%
Lux Capital Management	11.31 mm	0.00	0.0%
Lux Ventures IV	9.64 mm	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LTCH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Nov 24	James W Siminoff	Common Stock	Sale back to company	Dispose D	No	No	0.0001	15,260,540	1.53 k	3,826,635

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of Latch, Inc. – LTCH

17 Feb 25

NEW YORK, Feb. 17, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class

Latch Announces New Leadership Team

6 Feb 25

Under the direction of new leadership, the company remains focused on its core multifamily access control and smart building solutions business. Latch, Inc., soon to be DOOR, today announced the appointment of a new

Latch Completes Restatement of Previously Issued Financial Statements and Files 2022 Annual Report on Form 10-K

20 Dec 24

The Company continues to work diligently to file its 2023 and 2024 SEC reports Latch, Inc. ("Latch" or the "Company"), soon to be DOOR, today announced that on December 19, 2024, the Company completed its previously