latch makes access easier for everyone at a modern building. we’ve combined decades of experience building the world’s most trusted locks with decades of experience designing iconic technology products. the result is strong, simple, and stunning.
Company profile
Ticker
LTCH
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TS Innovation Acquisitions Corp.
SEC CIK
Corporate docs
Subsidiaries
Latch Systems, Inc. • Latch Taiwan, Inc. • Latch Insurance Solutions, LLC • Latch Systems Ltd ...
IRS number
853087759
LTCH stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
15 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
21 Mar 24
25-NSE
Exchange delisting
21 Mar 24
8-K
Departure of Directors or Certain Officers
27 Nov 23
NT 10-Q
Notice of late quarterly filing
15 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
22 Sep 23
8-K/A
With Report of Independent Auditors
18 Sep 23
NT 10-Q
Notice of late quarterly filing
15 Aug 23
8-K
Latch Receives Expected Nasdaq Delisting Determination
9 Aug 23
Latest ownership filings
SC 13D
Siminoff James W
13 Jul 23
SC 13G/A
BlackRock Inc.
7 Jul 23
4
James W Siminoff
3 Jul 23
3
James W Siminoff
3 Jul 23
SC 13G/A
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC
14 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G
BlackRock Inc.
3 Feb 23
3
MARC E LANDY
23 Jan 23
3
John J IV Keyes
23 Jan 23
4
Barry Schaeffer
4 Aug 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
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) | 90.96 mm | 90.96 mm | 90.96 mm | 90.96 mm | 90.96 mm | 90.96 mm |
Cash burn (monthly) | 11.27 mm | (no burn) | 16.87 mm | 15.50 mm | 14.60 mm | 11.28 mm |
Cash used (since last report) | 279.13 mm | n/a | 417.71 mm | 383.83 mm | 361.49 mm | 279.21 mm |
Cash remaining | -188.17 mm | n/a | -326.75 mm | -292.87 mm | -270.53 mm | -188.25 mm |
Runway (months of cash) | -16.7 | n/a | -19.4 | -18.9 | -18.5 | -16.7 |
Institutional ownership, Q2 2023
18.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 12 |
Closed positions | 69 |
Increased positions | 2 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 602.55 mm |
Total shares | 26.92 mm |
Total puts | 0.00 |
Total calls | 436.31 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Lux Capital Management | 11.31 mm | $0.00 |
Lux Ventures IV | 9.64 mm | $0.00 |
LMR Partners | 2.06 mm | $218.21 mm |
Walleye Capital | 1.18 mm | $124.65 mm |
BLK Blackrock | 878.05 k | $93.07 mm |
Integrated Core Strategies | 336.44 k | $2.55 mm |
CSS | 314.22 k | $33.31 mm |
Fort Baker Capital Management | 250.97 k | $26.60 mm |
Moore Capital Management | 195.00 k | $20.77 mm |
Taconic Capital Advisors | 194.75 k | $20.74 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Jul 23 | James W Siminoff | Common Stock | Grant | Acquire A | No | No | 0 | 19,075,675 | 0.00 | 19,087,175 |