Latch (DOOR) files 2024 reports; revenue up 26% to $56.6M, net loss improves 46%

Latch, Inc.

2025-Q3 EPS reported -$0.16 revenue$52,255,000

Software revenue $20.3M (+14% YoY); total revenue $56.6M (+26% YoY); net loss $(57.6)M (46% improvement).
Adjusted EBITDA $(40.7)M, a 41% improvement from $(68.5)M in 2023.
Preliminary 2025: nine-month revenue up at least 20% vs 2024; cash & securities ~$44.1M as of Sep 30, 2025.
Cash outflows Dec 31, 2024–Sep 30, 2025: ~$8.9M legal/SEC, $3.3M professional fees, $3.4M restructuring.

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