GURUFOCUS.COM » STOCK LIST » Technology » Software » Latch Inc (OTCPK:LTCH) » Definitions » Profitability Rank

Latch (LTCH) Profitability Rank : 0 (As of Mar. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Latch Profitability Rank?

Latch has the Profitability Rank of 0.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Latch's Operating Margin % for the quarter that ended in Mar. 2022 was -370.67%. As of today, Latch's Piotroski F-Score is 0.


Competitive Comparison of Latch's Profitability Rank

For the Software - Application subindustry, Latch's Profitability Rank, along with its competitors' market caps and Profitability Rank 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's Profitability Rank Distribution in the Software Industry

For the Software industry and Technology sector, Latch's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Latch's Profitability Rank falls into.



Latch Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Latch has the Profitability Rank of 0.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=-50.615 / 13.655
=-370.67 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Latch has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Latch Profitability Rank Related Terms

Thank you for viewing the detailed overview of Latch's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Latch (LTCH) Business Description

Traded in Other Exchanges
N/A
Address
508 West 26th Street, Suite 6G, New York, NY, USA, 10001
Latch Inc makes spaces better places to live, work, and visit through a system of software, devices, and services. It specializes in keyless entry security systems to open and manage every door in an apartment building from a smartphone. LatchOS enables spaces across North America, including in 44 states and Canada, from affordable housing in Baltimore, to historic buildings in Manhattan, to luxury towers in the Midwest. Latch works with real estate developers, large and small, ranging from the largest real estate companies in the world to passionate local owners.
Executives
Keyes John J Iv officer: Interim CEO C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Marc E Landy officer: Interim CFO C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Junji Nakamura officer: Chief Accounting Officer C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Barry Schaeffer officer: Interim CFO & Treasurer C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Garth Mitchell officer: CFO & Treasurer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Raju Rishi director 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Ali Hussain officer: Chief Operating Officer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Michael Brian Jones officer: Chief Technology Officer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
J. Allen Smith director 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Andrew Sugrue director 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Luke Schoenfelder director, officer: Chief Executive Officer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Reynolds James Madison Iv 10 percent owner C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Avenir Latch Investors, Llc 10 percent owner C/O AVENIR MANAGEMENT COMPANY, LLC, 135 FIFTH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Avenir Management Company, Llc 10 percent owner 817 BROADWAY, 12TH FLOOR, NEW YORK NY 10003