Latch Inc
OTC:LTCH

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Latch Inc
OTC:LTCH
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Price: 0.141 USD 4.44% Market Closed
Market Cap: 24.6m USD
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Gross Margin
Latch Inc

-5.2%
Current
0.1%
Average
46.6%
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 Company Market Cap Gross
Margin
US
Latch Inc
OTC:LTCH
24.6m USD
-5%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
326.7B USD
77%
DE
SAP SE
XETRA:SAP
275.7B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
198.1B USD
89%
US
Palantir Technologies Inc
NYSE:PLTR
186.4B USD
81%
US
NCR Corp
LSE:0K45
186.8B USD
23%
US
Intuit Inc
NASDAQ:INTU
181B USD
79%
US
Applovin Corp
NASDAQ:APP
114.5B USD
74%
US
Cadence Design Systems Inc
NASDAQ:CDNS
84.4B USD
88%
US
Synopsys Inc
NASDAQ:SNPS
76.4B USD
80%
Country US
Market Cap 24.6m USD
Gross Margin
-5%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 326.7B USD
Gross Margin
77%
Country DE
Market Cap 275.7B EUR
Gross Margin
73%
Country US
Market Cap 198.1B USD
Gross Margin
89%
Country US
Market Cap 186.4B USD
Gross Margin
81%
Country US
Market Cap 186.8B USD
Gross Margin
23%
Country US
Market Cap 181B USD
Gross Margin
79%
Country US
Market Cap 114.5B USD
Gross Margin
74%
Country US
Market Cap 84.4B USD
Gross Margin
88%
Country US
Market Cap 76.4B USD
Gross Margin
80%
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Latch Inc
Glance View

Market Cap
24.6m USD
Industry
Technology

Latch, Inc. is an enterprise technology company, which provides security systems design and software services. The company is headquartered in New York City, New York and currently employs 440 full-time employees. The company went IPO on 2020-11-10. The firm delivers building operating system, LatchOS, which is designed to address the requirements of modern buildings. The firm's smart access software includes complete resident, building staff, guest, service provider and construction access management. Its delivery and guest management enables visitors to connect with residents or building operators with just a few clicks. Its smart home and sensors enable smart home capabilities for thermostat, lighting, leak detection and other sensor integration, monitoring and centralized device management for building owner and private resident control right in the Latch App. Its connectivity includes Latch Intercom and Latch Hub’s cellular connectivity, which provides Internet access to new and existing building infrastructure from new construction to retrofits. Its personalization and services include Latch-enabled devices in their spaces through the Latch App from the moment they arrive.

LTCH Intrinsic Value
Not Available

See Also

Discover More
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%.