Latch Files 2024 Annual Reports, Shows Revenue Growth
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Latch (LTCH) announced its 2024 Annual and Quarterly Reports, revealing a 26% revenue increase and a 31% reduction in operating expenses, despite a net loss. The company aims to regain SEC reporting status and anticipates continued revenue growth in 2025, although cash reserves have decreased due to legal and restructuring costs. Latch, formerly Latch, Inc., focuses on building technology and trades under the symbol ‘LTCH’ on the OTC Markets, with a current market cap of $19.78M and an average trading volume of 86,320.
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