---
title: "Latch - CW26 | 8-K: FY2024 Revenue: USD 56.63 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264514325.md"
datetime: "2025-11-05T22:41:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264514325.md)
  - [en](https://longbridge.com/en/news/264514325.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264514325.md)
generator: "portal-rs"
---

# Latch - CW26 | 8-K: FY2024 Revenue: USD 56.63 M

Revenue: As of FY2024, the actual value is USD 56.63 M.

EBIT: As of FY2024, the actual value is USD -56.18 M.

### Financial Metrics Summary

#### Adjusted EBITDA

-   The company reported an Adjusted EBITDA of - $40.7 million, showing a 41% year-over-year improvement.

### Segment Revenue

-   **Software Revenue**: $20.3 million, representing a 14% year-over-year increase.
-   **Total Revenue**: $56.6 million, a 26% year-over-year increase.

### Operational Metrics

-   **Net Loss**: - $57.6 million, a 46% improvement compared to the previous year.

### Cash Flow

-   **Liquid Assets**: As of September 30, 2025, estimated at $44.1 million, a decrease of $31.3 million from December 31, 2024.

### Unique Metrics

-   **Operating Expenses**: Reduced by $38.2 million, a 31% year-over-year improvement.

### Outlook / Guidance

-   The company anticipates a continued momentum with a strong finish to 2025, estimating at least a 20% increase in total preliminary, unaudited revenues for the nine months ended September 30, 2025, compared to the same period in 2024. The company expects lower total cash outflows from operating and non-recurring activities in 2025 compared to 2024.

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- [LTCHW.US](https://longbridge.com/en/quote/LTCHW.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**