Welcome to our dedicated page for Leatt news (Ticker: LEAT), a resource for investors and traders seeking the latest updates and insights on Leatt stock.
Leatt Corporation (LEAT) drives innovation in protective gear for extreme sports athletes and motorsports professionals. This page aggregates official announcements, financial updates, and strategic developments from the global leader in biomechanically engineered safety equipment.
Access real-time updates on product launches, earnings reports, and partnerships that define LEAT's market leadership. Investors gain insights into corporate milestones while enthusiasts discover advancements in mountain biking and motocross safety technology.
Key coverage areas include R&D breakthroughs from Leatt's Cape Town lab, expansion of distribution networks, and collaborations with sports organizations. All content is sourced from verified corporate communications and industry analysis.
Bookmark this page for streamlined access to LEAT's evolving story. Check regularly for developments impacting the $3.2B personal protective equipment market and the company's position within it.
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®.
Leatt Corporation (OTCQB: LEAT) announced a new partnership with the Pivot Factory Racing team on February 3, 2022. This collaboration will provide mountain bike riders with Leatt's protective gear and apparel. Notable team members include YouTube star Bernard Kerr and downhill champion Morgane Charre. The partnership aims to enhance product development while participating in major events like UCI Mountain Bike races and Crankworx World Tour. Leatt's CEO, Sean Macdonald, expressed excitement about the collaboration, highlighting the innovative aspects of their products.
Leatt Corporation (OTCQB: LEAT) will host its 2021 Annual Meeting of Stockholders on December 9, 2021, at 10 a.m. ET, available via conference call and audio webcast. Participants should dial in 10 minutes early using the provided toll-free numbers or join the webcast through the company's website. An audio replay will be accessible for seven days post-meeting. Leatt specializes in protective equipment for extreme sports, with its Leatt-Brace® recognized as a leading neck protection device.
Leatt Corporation (OTCQB: LEAT) reported record financial results for Q3 2021, with revenues reaching $22.1 million, up 94% year-over-year. Income from operations surged 170% to $5.8 million, and net income rose 166% to $4.3 million, translating to earnings per share of $0.79. The company achieved consistent year-over-year growth for the 14th quarter and opened a new 43,056 sq. ft. warehouse in Reno, enhancing U.S. operations. CEO Sean Macdonald expressed optimism for continued growth, fueled by strong demand for their protective gear.
Leatt Corporation (OTCQB: LEAT) announced its financial results for the third quarter of 2021 will be released before the market opens on November 12, 2021. A conference call to discuss these results is set for the same day at 10:00 am ET. Participants can call in or join via a live webcast on Leatt's website. An audio replay will be available for seven days following the call. Leatt specializes in protective gear for extreme sports, with its Leatt-Brace® recognized as a leading neck protection device.
Leatt Corporation (OTCQB: LEAT) reported record financial results for Q2 2021, with revenues of $14.3 million, a 106% increase from Q2 2020. Net income surged 257% to $2.4 million, while earnings per share rose to $0.44. The company achieved significant growth across all product categories, notably a 165% increase in sales of other products. Leatt maintains a strong cash position of $3.7 million with no long-term debt. CEO Sean Macdonald emphasized the focus on expanding the Leatt brand globally and optimizing supply chain processes to address rising costs.
Leatt Corporation (OTCQB: LEAT) announced it will release its financial results for the second quarter of 2021 on August 12, 2021, before market opening. A conference call will be held at 10:00 am ET on the same day to discuss the results. Participants can join via phone or through a live webcast on the company's website. An audio replay of the call will be available for seven days. Leatt specializes in protective equipment for extreme sports, particularly known for the award-winning Leatt-Brace®.
Leatt Corporation (OTCQB: LEAT) announced the approval of its common stock for DWAC/FAST transfers, enhancing electronic trading capabilities for stockholders. This advancement aims to reduce costs and delays related to physical share certificates, mitigate risks from loss or replacement of certificates, and improve liquidity by making shares more accessible. CEO Sean Macdonald emphasized the significance of this move for investor relations, which is expected to greatly benefit stockholders.
Leatt Corporation (OTCQB: LEAT) reported record financial results for Q1 2021, showcasing revenues of $12.9 million, a 71% increase year-over-year. Net income surged to $2.1 million, reflecting a 469% rise. Operating expenses rose by 10%, while income from operations leaped by 460% to $2.8 million. Cash and equivalents also grew to $3.8 million from $1.4 million in 2020. Leatt anticipates ongoing growth in demand for its protective gear, particularly within the MTB and MOTO sectors, emphasizing a positive outlook for the remainder of the year.
