Latch, Inc. (LTCH) intrinsic value & 10-year financials
Latch, Inc. (LTCH) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 29.5% a year to $70.1M, with an average return on invested capital of -57.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $0.16
- Market cap
- $25.3M
- Revenue (FY2025)
- $70.1M
- Revenue growth (8-yr CAGR)
- 29.5%
- ROIC (10-yr avg)
- -57.2%
- Free cash flow (FY2025)
- -$36.0M
LTCH 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $70.1M | -$53.7M | -$0.34 | -$36.0M | -75.2% | -140.9% |
| FY2024 | $56.6M | -$57.6M | -$0.37 | -$76.2M | -104.9% | -82.9% |
| FY2023 | $45.0M | -$107.5M | -$0.68 | -$65.9M | -245.3% | -114.3% |
| FY2022 | $43.0M | -$162.3M | -$1.13 | -$137.5M | -384.7% | -53.4% |
| FY2021 | $41.4M | -$166.3M | -$1.92 | -$107.4M | -359.2% | -133.1% |
| FY2020 | $18.1M | -$66.0M | -$0.76 | -$53.9M | -342.2% | 50.5% |
| FY2019 | $14.9M | -$50.2M | -$0.64 | -$48.5M | -333.9% | 73.8% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Latch, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Latch, Inc. has historically struggled to out-earn its cost of capital, averaging just -57.2% ROIC.
Latch, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Latch, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-11.29 per share.