Leatt Corp Stock Price, News & Analysis

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.

Leatt Corporation (OTCQB: LEAT) announced its first-quarter 2021 financial results release scheduled for May 12, 2021, before market opening. A conference call to discuss the results will occur at 10:00 am ET on the same day. Participants can access the call via phone or a live webcast on the company’s website. An audio replay will be available for seven days following the call. Leatt specializes in protective gear for extreme sports, with the Leatt-Brace® recognized as a leading neck protection solution.

Leatt Corporation (OTCQB: LEAT) announced record financial results for Q4 and the full year ending December 31, 2020. Q4 revenues hit $12.7 million, a 75% increase year-over-year, with net income soaring 6444% to $1.8 million. For 2020, total revenues reached $38.6 million, a 36% rise, and net income increased 222% to $4.4 million. Despite a 5% rise in operating expenses, the earnings per share surged to $0.82. The company highlighted significant growth in body armor and helmets while preparing for more innovation and market expansion.

Leatt Corporation (OTCQB: LEAT) announced it will release its financial results for the fourth quarter and full year 2020 before the market opens on March 24, 2021. A conference call hosted by the management team will take place on the same day at 10:00 am ET to discuss these results. Participants can join the call by dialing 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 accessible for seven days following the call.