Latch | 8-K: FY2025 Revenue: USD 70.12 M

Revenue: As of FY2025, the actual value is USD 70.12 M.

Software revenue for Latch, Inc. was $22.1 million, an increase of $1.9 million or 9% year-over-year .

Total revenue for Latch, Inc. reached $70.1 million, marking a $13.5 million or 24% year-over-year increase .

Operating expenses for Latch, Inc. were $79.6 million, representing a $4.8 million or 6% year-over-year reduction .
Net loss for Latch, Inc. was - $53.7 million, which is a $3.8 million or 7% year-over-year improvement .
Excluding a goodwill impairment, operating expenses would have been $63.0 million, a $21.4 million or 25% year-over-year improvement .
Adjusted EBITDA (non-GAAP) for Latch, Inc. was - $27.1 million, showing an $8.9 million or 25% year-over-year improvement .

No specific operating cash flow or free cash flow metrics were provided in the reference .

The net loss was negatively impacted by non-cash items, including a $16.6 million goodwill impairment and a $4.9 million inventory-related write-off .

The provided reference does not contain specific financial outlook or guidance for future periods . It includes a cautionary note regarding forward-looking statements but no quantifiable future targets or predictions .

Revenue: As of FY2025, the actual value is USD 70.12 M.

Software revenue for Latch, Inc. was $22.1 million, an increase of $1.9 million or 9% year-over-year .

Total revenue for Latch, Inc. reached $70.1 million, marking a $13.5 million or 24% year-over-year increase .

Operating expenses for Latch, Inc. were $79.6 million, representing a $4.8 million or 6% year-over-year reduction .
Net loss for Latch, Inc. was - $53.7 million, which is a $3.8 million or 7% year-over-year improvement .
Excluding a goodwill impairment, operating expenses would have been $63.0 million, a $21.4 million or 25% year-over-year improvement .
Adjusted EBITDA (non-GAAP) for Latch, Inc. was - $27.1 million, showing an $8.9 million or 25% year-over-year improvement .

No specific operating cash flow or free cash flow metrics were provided in the reference .

The net loss was negatively impacted by non-cash items, including a $16.6 million goodwill impairment and a $4.9 million inventory-related write-off .

The provided reference does not contain specific financial outlook or guidance for future periods . It includes a cautionary note regarding forward-looking statements but no quantifiable future targets or predictions .