Latch (LTCH) Net Margin %: -323.92% (As of Mar. 2022)

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LTCH Latch Inc LTCH
19 GF Score
Price $0.15
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What is Latch Net Margin %?

Latch LTCH -20.75% 19 Net Margin % is -323.92% as of Mar. 2022. GuruFocus rates LTCH with a GF Score™ of 19/100.

Net margin is calculated as Net Income divided by its Revenue. Latch's Net Income for the three months ended in Mar. 2022 was $-44.23 Mil. Latch's Revenue for the three months ended in Mar. 2022 was $13.66 Mil. Therefore, Latch's net margin for the quarter that ended in Mar. 2022 was -323.92%.

The historical rank and industry rank for Latch's Net Margin % or its related term are showing as below:


LTCH's Net Margin % is not ranked *
in the Software industry.
Industry Median: 2.63
* Ranked among companies with meaningful Net Margin % only.

Latch  (OTCPK:LTCH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Latch Net Margin % Related Terms


Latch Net Margin % Historical Data

* Premium members only.

The historical data trend for Latch's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Latch Net Margin % Chart

Latch Annual Data
Trend Dec19 Dec20 Dec21
Net Margin %
-337.38 -365.40 -402.13

Latch Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Net Margin % Get a 7-Day Free Trial -574.76 -444.64 -305.79 -371.22 -323.92

LTCH vs AVYA, BNFT, EGAN: Net Margin % Comparison

For the Software - Application subindustry, Latch's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Latch Net Margin % vs Software Industry

For the Software industry and Technology sector, Latch's Net Margin % distribution charts can be found below:

* The bar in red indicates where Latch's Net Margin % falls into.


LTCH
19GF Score
Latch Inc LTCH
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Latch Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Latch's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=-166.319/41.36
=-402.13 %

Latch's Net Margin for the quarter that ended in Mar. 2022 is calculated as

Net Margin=Net Income (Q: Mar. 2022 )/Revenue (Q: Mar. 2022 )
=-44.231/13.655
=-323.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -323.92% mean?
Latch (LTCH) has a Net Margin % of -323.92% as of Mar. 2022. Net margin is the ratio of total net income to net sales. View historical data on Latch and its competitors.
Is Latch's Net Margin % too high?
Latch's current Net Margin % is -323.92%. Overall, Latch has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Latch's Net Margin % compare to AVYA and BNFT?
Latch's Net Margin % of -323.92% can be compared against companies in the Software industry. The industry median Net Margin % is 2.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.63, based on 2,829 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Latch and its competitors. For the Software industry, the median Net Margin % is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latch's current Net Margin % is -323.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latch stock overvalued right now?
Latch (LTCH) has a current Net Margin % of -323.92%. The current Net Margin % is -323.92%. Latch's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Latch (LTCH), the current Net Margin % is -323.92% as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Latch Business Description

Address 1220 North Price Road, Suite 2, Olivette, MO, USA, 63132
Latch Inc is a technology company delivering an integrated ecosystem of hardware, software and services designed to enhance operations and experiences within buildings, serving the multifamily rental market. Its core offering is built around a proprietary, cloud-based software-as-a-service (SaaS) platform (the DOOR Platform) that powers and manages the suite of smart access control devices (including locks, readers and intercoms) and smart home devices and integrates with other connected devices within a building. The company generates the majority of revenue revenue through the license of its SaaS over the cloud-based platform on a subscription-based arrangement. Geographically, the company operates in single segment being USA.
19GF Score

Get the complete analysis for LTCH

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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