tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Latch Files Delayed 10-Q, Shows Revenue Growth, Losses

Story Highlights
  • DOOR advanced its SEC compliance by filing its Q1 2025 report, showing strong revenue growth and reduced operating expenses.
  • The company’s cash reserves nearly halved in 2025 due to legal, regulatory, and one-time costs, but management expects lower outflows in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Latch Files Delayed 10-Q, Shows Revenue Growth, Losses

Claim 70% Off TipRanks Premium

The latest announcement is out from Latch ( (LTCH) ).

On January 13, 2026, DOOR (still legally Latch, Inc.) reported that it had filed its Quarterly Report on Form 10-Q for the three months ended March 31, 2025, marking another step toward regaining current status with U.S. securities regulators after a period of delayed reporting. For the first quarter of 2025, the company posted software revenue of $5.2 million and total revenue of $15.8 million, representing a 31% year-on-year rise in overall sales alongside a 9% reduction in operating expenses, narrowing its net loss to $11.3 million even as adjusted EBITDA loss widened, signaling improving operating efficiency but ongoing profitability challenges. DOOR also disclosed that its estimated cash and securities balance fell from $75.4 million at year-end 2024 to about $34.7 million at year-end 2025, driven largely by roughly $18.9 million in legal, regulatory and professional fees tied to stockholder litigation, an SEC investigation and delayed audits, as well as one-time engineering transition costs, though management indicated that cash outflows from operating and non‑recurring items were expected to be meaningfully lower in 2026, an important consideration for investors monitoring the company’s liquidity and regulatory clean‑up.

The most recent analyst rating on (LTCH) stock is a Hold with a $0.16 price target. To see the full list of analyst forecasts on Latch stock, see the LTCH Stock Forecast page.

Spark’s Take on LTCH Stock

According to Spark, TipRanks’ AI Analyst, LTCH is a Neutral.

The score is held back primarily by weak financial quality—large ongoing losses and heavy cash burn—despite improving revenue/margins and a low-debt balance sheet. Technicals are a clear positive with bullish trend and momentum, while valuation is constrained by negative earnings and no dividend support.

To see Spark’s full report on LTCH stock, click here.

More about Latch

DOOR, formerly known as Latch, is a Building Intelligence company that integrates premium hardware, intuitive software and automated services into a single system to improve how buildings operate. Headquartered in St. Louis, the company serves owners, operators and residents across residential portfolios and purpose-built communities, aiming to help properties anticipate needs, lower operating costs and enhance daily life for occupants.

Average Trading Volume: 106,220

Technical Sentiment Signal: Sell

Current Market Cap: $24.61M

Find detailed analytics on LTCH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1