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-0.00439824070371849 -0.00439824070371849 -0.00439824070371849 -0.00439824070371849 -0.00439824070371849 -0.00439824070371849 0.285885645741703 0.399440223910436
Stock impact report

Leatt Corp Announces Results for the First Quarter 2025

LEATT CORP (LEAT) 
NASDAQ:AMEX Investor Relations: leatt-corp.com
Company Research Source: PR Newswire
Global revenues increase 45%; Net income increases 237%CAPE TOWN, South Africa, May 14, 2025 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a leading developer and marketer of head-to-toe protective equipment for MOTO, MTB, and a wide range of extreme and high-velocity sports, today announced financial results for the first quarter ending March 31, 2025.  All financial numbers are in U.S. dollars.First Quarter 2025 and Recent HighlightsRevenues were $15.37 million, up 45% compared to the first quarter of 2024.Helmet revenues increase 101% compared to the first quarter of 2024.Gross profit was $6.72 million, up 68% compared to the first quarter of 2024.Cash flows provided by operations for the first quarter was $768,000.Net income was $1.12 million, up 237% compared to the first quarter of 2024.Cash and cash equivalents increased 3%, to $12.70 million.Chief Executive Officer Sean Macdonald commented, "The first quarter of 2025 was a very strong and encouraging start to the year. Glob Show less Read more
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