Latch Inc
OTC:LTCH
Income Statement
Earnings Waterfall
Latch Inc
Income Statement
Latch Inc
| Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Jun-2023 | Sep-2023 | Dec-2023 | Jun-2024 | Sep-2024 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
4
|
|
| Revenue |
7
N/A
|
16
+136%
|
27
+72%
|
28
+3%
|
48
+75%
|
49
+2%
|
47
-5%
|
43
-8%
|
30
-31%
|
31
+3%
|
45
+47%
|
37
-19%
|
42
+14%
|
57
+35%
|
|
| Gross Profit | |||||||||||||||
| Cost of Revenue |
(9)
|
(14)
|
(26)
|
(33)
|
(51)
|
(56)
|
(51)
|
(47)
|
(26)
|
(23)
|
(33)
|
(20)
|
(25)
|
(32)
|
|
| Gross Profit |
(0)
N/A
|
1
N/A
|
1
+4%
|
(5)
N/A
|
(3)
+50%
|
(7)
-159%
|
(5)
+30%
|
(4)
+14%
|
4
N/A
|
8
+112%
|
12
+61%
|
17
+37%
|
17
0%
|
25
+49%
|
|
| Operating Income | |||||||||||||||
| Operating Expenses |
(29)
|
(55)
|
(90)
|
(138)
|
(165)
|
(190)
|
(188)
|
(159)
|
(88)
|
(85)
|
(106)
|
(68)
|
(61)
|
(72)
|
|
| Selling, General & Administrative |
(22)
|
(37)
|
(59)
|
(88)
|
(107)
|
(121)
|
(119)
|
(98)
|
(56)
|
(55)
|
(67)
|
(46)
|
(42)
|
(48)
|
|
| Research & Development |
(17)
|
(17)
|
(28)
|
(46)
|
(54)
|
(64)
|
(63)
|
(55)
|
(28)
|
(25)
|
(31)
|
(16)
|
(13)
|
(17)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(7)
|
(5)
|
(5)
|
(7)
|
|
| Other Operating Expenses |
10
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Operating Income |
(32)
N/A
|
(54)
-68%
|
(88)
-63%
|
(143)
-61%
|
(168)
-18%
|
(196)
-17%
|
(192)
+2%
|
(163)
+15%
|
(85)
+48%
|
(77)
+9%
|
(94)
-21%
|
(52)
+45%
|
(45)
+14%
|
(47)
-6%
|
|
| Pre-Tax Income | |||||||||||||||
| Interest Income Expense |
(13)
|
(29)
|
(29)
|
(20)
|
(3)
|
10
|
7
|
(6)
|
(2)
|
1
|
2
|
2
|
2
|
1
|
|
| Non-Reccuring Items |
(1)
|
(2)
|
(2)
|
(8)
|
(2)
|
(0)
|
(2)
|
(3)
|
(8)
|
(12)
|
(17)
|
(12)
|
(8)
|
(12)
|
|
| Total Other Income |
(0)
|
0
|
(0)
|
4
|
(0)
|
3
|
3
|
9
|
0
|
1
|
0
|
1
|
0
|
0
|
|
| Pre-Tax Income |
(45)
N/A
|
(86)
-88%
|
(120)
-40%
|
(167)
-40%
|
(172)
-3%
|
(184)
-7%
|
(185)
0%
|
(162)
+12%
|
(95)
+42%
|
(87)
+8%
|
(108)
-23%
|
(61)
+44%
|
(50)
+17%
|
(58)
-14%
|
|
| Net Income | |||||||||||||||
| Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(45)
|
(86)
|
(120)
|
(167)
|
(172)
|
(184)
|
(185)
|
(162)
|
(95)
|
(87)
|
(108)
|
(61)
|
(50)
|
(58)
|
|
| Net Income (Common) |
(45)
N/A
|
(86)
-88%
|
(120)
-40%
|
(167)
-40%
|
(172)
-3%
|
(184)
-7%
|
(185)
0%
|
(162)
+12%
|
(95)
+42%
|
(87)
+8%
|
(108)
-23%
|
(61)
+44%
|
(50)
+17%
|
(58)
-14%
|
|
| EPS (Diluted) |
-1.12
N/A
|
-1.66
-48%
|
-0.85
+49%
|
-1.93
-127%
|
-1.21
+37%
|
-1.29
-7%
|
-1.29
N/A
|
-1.13
+12%
|
-0.66
+42%
|
-0.5
+24%
|
-0.68
-36%
|
-0.38
+44%
|
-0.31
+18%
|
-0.37
-19%
|
|