secwatch.observer — SEC 8-K summary
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Issuer:     Latch, Inc. (LTCH)
CIK:        0001826000
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001826000-25-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826000/000182600025000079/0001826000-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826000/000182600025000079/lat-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001826000-25-000079

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