secwatch.observer — SEC 8-K summary
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Issuer:     Latch, Inc. (LTCH)
CIK:        0001826000
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001826000-26-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latch (DOOR) FY2025 revenue $70.1M (+24% YoY); Adj. EBITDA loss narrows 25%
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- Total revenue $70.1M, up 24% YoY; software revenue $22.1M, up 9% YoY.
- Net loss $(53.7)M, a $3.8M (7%) improvement; includes $16.6M goodwill impairment and $4.9M inventory write-off.
- Adjusted EBITDA (non-GAAP) $(27.1)M, an $8.9M (25%) improvement YoY.
- Operating expenses $79.6M, down 6% YoY; excluding goodwill impairment, down 25% to $63.0M.
- Company rebranded as DOOR; shares trade on OTC under ticker LTCH; name/ticker change expected later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826000/000182600026000032/0001826000-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826000/000182600026000032/lat-20260331.htm
  HTML page:      https://secwatch.observer/filing/0001826000-26-000032

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