Gross Margin - Latch Inc (OTC:LTCH) - Alpha Spread

Latch Inc
OTC:LTCH

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Latch Inc
OTC:LTCH
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Price: 0.46 USD -4.17% Market Closed
Market Cap: 80.2m USD
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Gross Margin
Latch Inc

-5.2%
Current
0.1%
Average
46.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-5.2%
=
Gross Profit
-2.5m
/
Revenue
48.4m

Gross Margin Across Competitors

Country US
Market Cap 80.2m USD
Gross Margin
-5%
Country CN
Market Cap 5T USD
Gross Margin
42%
Country US
Market Cap 255.2B USD
Gross Margin
88%
Country DE
Market Cap 246.5B USD
Gross Margin
73%
Country US
Market Cap 233.7B USD
Gross Margin
76%
Country US
Market Cap 172B USD
Gross Margin
79%
Country US
Market Cap 164.6B USD
Gross Margin
26%
Country US
Market Cap 71.3B USD
Gross Margin
80%
Country US
Market Cap 67.8B USD
Gross Margin
89%
Country US
Market Cap 67.7B USD
Gross Margin
76%
Country US
Market Cap 67.9B USD
Gross Margin
81%

Profitability Report

View the profitability report to see the full profitability analysis for Latch Inc.

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-5.2%
=
Gross Profit
-2.5m
/
Revenue
48.4m
What is the Gross Margin of Latch Inc?

Based on Latch Inc's most recent financial statements, the company has Gross Margin of -5.2%.