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Leatt® is a symbol of commitment, passion, and dedication in the world of sports safety. Driven by scientific research and collaboration with safety experts, Leatt Corp develops head-to-toe protective gear for various sports, focusing on mountain biking and extreme motorsports. The revolutionary Leatt-Brace® is the gold standard for neck protection when worn with a helmet. With continuous innovation and development, including the recent launch of the Adventure (ADV) gear, Leatt Corp aims to provide a wide range of safety equipment for riding enthusiasts worldwide.
Leatt Corp is dedicated to developing products that cater to riders of motorcycles, bicycles, mountain bikes, all-terrain vehicles, snowmobiles, and other open-air vehicles. With a solid history of commitment to safety and innovation, Leatt Corp is a leader in the industry, striving to offer the best protective equipment for thrill-seekers globally.
Leatt Corporation (OTCQB: LEAT) has announced a partnership with the Orbea Leatt Speed Company Racing Team, featuring 2022 Absa Cape Epic winners Lukas Baum and Georg Egger. This collaboration aims to enhance performance and innovation in mountain biking. The athletes will compete in Leatt gear at major events, including the Epic Series and UCI MTB World Cup. CEO Sean Macdonald expressed pride in this partnership, emphasizing shared values of excellence and growth. The collaboration will also focus on product development to improve rider safety and comfort during demanding races.
Leatt Corporation (OTCQB: LEAT) reported financial results for Q3 2022, showcasing a 5% increase in global revenues to $23.3 million. Year-to-date revenues surged 33% to $65.4 million, with a net income of $11 million, reflecting a 26% rise. Earnings per share (EPS) reached $1.90. Despite challenges in the market, sales of helmets and accessories drove growth, while body armor and neck brace sales experienced declines. The company maintains strong operational efficiency, with a current ratio of 3.1:1 and cash equivalents of $4.8 million.
Leatt Corporation (OTCQB: LEAT), known for its protective equipment in extreme sports, will release its Q3 2022 financial results on November 9, 2022, before market opening. The management team will host a conference call at 10:00 am ET on the same day to discuss the results. Participants are encouraged to join the call early and can also access a live webcast via the company’s website. An audio replay will be available for seven days following the call.
Leatt Corporation (OTCQB: LEAT) reported strong financial results for Q2 2022, achieving global revenues of $17.9 million, a 25% increase year-over-year. Year-to-date revenues surged 55% to $42.2 million, while net income for the same period rose 55% to $6.9 million, translating to an EPS of $1.20. Despite challenges such as port congestion affecting domestic sales, international revenues grew 45%. The company continues to invest in sales and distribution, aiming to expand its market presence in protective gear for extreme sports.
Leatt Corporation (OTCQB: LEAT) will release its Q2 2022 financial results on August 11, 2022, prior to market open. The management team will host a conference call that day at 10:00 am ET to discuss the results. Participants can call in ten minutes early at either 1-877-407-9716 (USA) or 1-201-493-6779 (international). An audio webcast will also be available on the company's website, with a replay option for seven days. Leatt specializes in protective equipment for extreme sports.
Leatt Corporation (OTCQB: LEAT) reported record first quarter 2022 financial results, achieving global revenues of $24.2 million, up 88% year-over-year. Net income soared 105% to $4.2 million, with earnings per basic share at $0.73, a 92% increase. Key growth drivers included a 269% increase in helmet sales and a significant rise in body armor sales by 69%. The company continues to expand its market presence with a new warehouse in Reno, NV, prepared to enhance inventory distribution. CEO Sean Macdonald reaffirmed the strategy of product innovation and broad market appeal.
Leatt Corporation (OTCQB: LEAT), a leader in protective gear for extreme sports, will announce its Q1 2022 financial results on May 12, 2022, before market open. The management team will host a conference call at 10:00 am ET to discuss the results. Participants can join via phone or a live webcast available on the Company’s website. An audio replay will also be accessible for seven days after the call. Leatt is known for its award-winning Leatt-Brace®, a top choice for neck protection in motorsports.
Leatt Corporation (OTCQB: LEAT) reported record financial results for Q4 and the full year ending December 31, 2021. Q4 revenues rose to $23.2 million, an 82% increase year-over-year, with net income reaching $3.8 million, up 115%. Full year revenues reached $72.5 million, up 88%, while net income surged to $12.6 million, a 184% increase. Gross profit for 2021 was $31.4 million, reflecting an 81% growth. Despite global supply chain challenges, Leatt's performance was bolstered by strong demand across all product categories and regions. The company aims to continue its momentum into 2022.
Leatt Corporation (OTCQB: LEAT) will release its financial results for Q4 and full year 2021 on March 10, 2022, before market open. The management team will hold a conference call at 10:00 am ET to discuss these results. Interested participants can join by phone or through a live webcast on the company's website. A replay of the call will be available for seven days post-event. Leatt develops personal protective equipment, particularly for extreme sports, including the award-winning Leatt-Brace®.
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