2 High-Risk Growth Stocks Down 68% to 84% That Could Soar

Once its Intercom and Smart Home systems are implemented, it charges each landlord a subscription fee, creating a recurring revenue stream. As of the recent third quarter of 2021, it had booked $59.8 million of annual recurring revenue, a growing portion of its expected $360 million in total bookings for 2021. Latch is not a profitable company just yet, but its revenue growth over the next few years could pave the way to positive earnings per share.