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Upturn AI SWOT - About
Latch Inc (LTCH)
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Upturn Advisory Summary
09/17/2025: LTCH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -66.46% | Avg. Invested days 17 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 22.53M USD | Price to earnings Ratio - | 1Y Target Price 5.5 |
Price to earnings Ratio - | 1Y Target Price 5.5 | ||
Volume (30-day avg) - | Beta 1.12 | 52 Weeks Range 0.02 - 0.84 | Updated Date 06/29/2025 |
52 Weeks Range 0.02 - 0.84 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.42 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -239.19% | Operating Margin (TTM) -106.47% |
Management Effectiveness
Return on Assets (TTM) -20.43% | Return on Equity (TTM) -52.47% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 22534210 | Price to Sales(TTM) 0.5 |
Enterprise Value 22534210 | Price to Sales(TTM) 0.5 | ||
Enterprise Value to Revenue 2.18 | Enterprise Value to EBITDA -0.69 | Shares Outstanding 160959008 | Shares Floating 135535825 |
Shares Outstanding 160959008 | Shares Floating 135535825 | ||
Percent Insiders 15.68 | Percent Institutions 7.3 |
Upturn AI SWOT
Latch Inc
Company Overview
History and Background
Latch Inc. was founded in 2014 with the goal of simplifying access control and building management with technology. They went public via SPAC merger in 2021. Initially, the company focused on smart lock systems and building management software.
Core Business Areas
- LatchOS: LatchOS is Latch's core software platform. This includes a suite of software and hardware products designed to manage building access, visitor management, smart home features and connectivity. It provides a unified ecosystem that connects residents, property managers, and service providers.
- Latch Hardware: Latch designs and manufactures a range of smart access hardware including smart locks, intercoms, and readers. These devices integrate with the LatchOS platform to provide secure and convenient access solutions.
Leadership and Structure
Latch Inc. is led by CEO Jamie Siminoff (as of Oct 2023 when the previous CEO David Delaney had stepped down) and has a typical corporate structure with departments for engineering, sales, marketing, finance, and operations.
Top Products and Market Share
Key Offerings
- Latch Intercom: Smart intercom systems integrated with the LatchOS. Market share data is not publicly available. Competitors include ButterflyMX, Comelit, and Verkada.
- Latch C: A smart access device offering keyless entry solutions for apartments and commercial buildings. Market share data is not publicly available. Competitors include Schlage, Yale, and August.
Market Dynamics
Industry Overview
The smart access control and building management industry is growing rapidly, driven by increasing demand for convenience, security, and automation in residential and commercial properties. Trends include cloud-based solutions, mobile access, and integration with smart home platforms.
Positioning
Latch Inc. aims to position itself as a provider of full-building operating system. Its competitive advantages include its integrated hardware and software platform and its focus on the multifamily residential market.
Total Addressable Market (TAM)
The TAM for smart access control systems is estimated to be tens of billions of dollars globally. Latch Inc. aims to capture a significant portion of this market by offering its integrated platform.
Upturn SWOT Analysis
Strengths
- Integrated hardware and software platform
- Focus on multifamily residential market
- Strong brand recognition in its target market
- Latch OS offering is fairly unique
Weaknesses
- High operating costs
- Net losses still exist
- Reliance on hardware sales
- Subscribers under contract are trending downward
Opportunities
- Expansion into new geographic markets
- Development of new products and features
- Partnerships with property management companies
- Growing demand for smart building solutions
Threats
- Increased competition from established players
- Economic downturn affecting construction and real estate
- Supply chain disruptions impacting hardware availability
- Changes in consumer preferences or technology standards
Competitors and Market Share
Key Competitors
- Allegion PLC (ALLE)
- Assa Abloy AB (ASAZY)
- Honeywell (HON)
Competitive Landscape
Latch Inc. faces competition from larger, more established players in the access control market. Latchu2019s advantage is its integrated software and hardware. Disadvantages include financial instability and a smaller market presence compared to its competitors.
Growth Trajectory and Initiatives
Historical Growth: Latch experienced initial growth in revenue but has faced challenges in sustaining that growth. Subscriber counts have fluctuated.
Future Projections: Analyst estimates vary, but generally project continued revenue growth with improvements in profitability over time.
Recent Initiatives: Recent initiatives include cost-cutting measures, focusing on existing customers, and improving software integration.
Summary
Latch Inc. operates in the growing smart access control market with its integrated hardware and software platform. However, the company faces financial challenges including consistent net losses and negative cash flow. Competition from larger players and reliance on hardware sales are significant risks. The company needs to continue innovating and expanding its customer base while addressing its financial concerns.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Research Reports
- Company Website
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Please conduct your own due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Latch Inc
Exchange NASDAQ | Headquaters Olivette, MO, United States | ||
IPO Launch date 2020-12-31 | CEO - | ||
Sector Technology | Industry Software - Application | Full time employees 75 | Website https://www.latch.com |
Full time employees 75 | Website https://www.latch.com | ||
Latch, Inc., together with its subsidiaries, operates as a technology company in the United States and Canada. The company offers the Latch Platform, a cloud-based software-as-a-service platform to address the access requirements of modern multifamily buildings. Its software products include Mission Control, a web-based application that allows property managers to enable move-ins, control access sharing, resolve issues remotely, manage rental unit turnover, monitor and control IoT devices, and ensure their residents are secure; Latch Manager App, a mobile application version of Mission Control; Latch App, which is used by residents to unlock doors, give access to guests or service providers, control and manage smart home devices, and interact and communicate with property managers or consumer services; and Concierge Pro, a remote receptionist for deliveries; and Open Kit, which supports third-party software workflows around resident move-in and move-out. The company also offers hardware devices that include M, C, and R series, which are door or wall mounted access control products that interface with industry-standard lock hardware; Latch Intercom and Latch Link, which allows audio and video calls for remote unlocking; Latch Camera, a dome camera; and Latch Field Station, an all-in-one connectivity solution that enables smart access, smart home, and sensor devices. It serves real estate developers, builders, building owners and property managers in the multifamily market. Latch, Inc. is headquartered in Olivette, Missouri.
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