Latch Inc
OTC:LTCH
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Latch Inc
OTC:LTCH
|
36.5m USD |
Loading...
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
Loading...
|
|
| US |
|
Palantir Technologies Inc
NASDAQ:PLTR
|
311.8B USD |
Loading...
|
|
| DE |
|
SAP SE
XETRA:SAP
|
200.7B EUR |
Loading...
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
177.6B USD |
Loading...
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
129.6B USD |
Loading...
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
123.4B USD |
Loading...
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
111.1B USD |
Loading...
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
109.9B USD |
Loading...
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
81.3B USD |
Loading...
|
|
| US |
|
Synopsys Inc
NASDAQ:SNPS
|
80.8B USD |
Loading...
|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Latch Inc
Glance View
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Latch Inc is 44.1%, which is above its 3-year median of 32.5%.
Over the last 3 years, Latch Inc’s Gross Margin has increased from -18.3% to 44.1%. During this period, it reached a low of -18.3% on Dec 1, 2021 and a high of 46.1% on Jun 30, 2024.
