EBIT (Quarterly)

EBIT: Income before interest and taxes.

Latch, Inc. (LTCH) had EBIT of $-7.21M for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$15.62M
Net Income	$-6.90M
Cost of Goods Sold	$7.96M
Gross Profit	$7.66M
Operating Expenses	$22.83M
Operating Income	$-7.21M
Non-Operating Income/Expense	$0.31M
Pre-Tax Income	$-6.90M
Normalized Pre-Tax Income	$-6.90M
Income after Taxes	$-6.90M
Income from Continuous Operations	$-6.90M
Consolidated Net Income/Loss	$-6.90M
Normalized Income after Taxes	$-6.90M
EBIT	$-7.21M
EBITDA	$-6.19M
Weighted-Average Shares Outstanding (Basic)	161.19M
Weighted-Average Shares Outstanding (Diluted)	161.19M
Earnings per Share (EPS) (Basic)	$-0.04
Earnings per Share (EPS) (Diluted)	$-0.04
Balance Sheet Financials
Current Assets	$47.82M
Property, Plant, and Equipment	$0.78M
Long-Term Assets	$45.62M
Total Assets	$93.45M
Current Liabilities	$28.41M
Long-Term Debt	$4.36M
Long-Term Liabilities	$19.27M
Total Liabilities	$47.68M
Common Equity	$45.77M
Tangible Shareholders Equity	$22.17M
Shareholders Equity	$45.77M
Common Shares Outstanding	164.86M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-8.40M
Cash Flow from Investing Activities	$-1.59M
Cash Flow from Financial Activities	$-0.53M
Beginning Cash	$34.62M
End Cash	$24.32M
Increase/Decrease in Cash	$-10.30M
Stock-Based Compensation	$0.67M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.68
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.09
Debt to Equity Ratio	0.10
Gross Margin	49.05%
Operating Margin	-46.20%
EBIT Margin	-46.20%
EBITDA Margin	--
Pre-Tax Profit Margin	-44.19%
Profit Margin	-44.19%
Free Cash Flow	$-8.40M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.17
Inventory Turnover	0.66
Receiveable Turnover	2.01
Days Sales in Receivables	44.83
Return on Equity	-15.08%
Return on Tangible Equity	-31.12%
Return on Assets	-7.38%
Return on Investments	-13.76%
Book Value Per Share	$0.28
Free Cash Flow per Share	$-0.05
Operating Cash Flow per Share	$-0.05

Data from Zacks Investment Research, Inc.