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Stock impact report

Leatt Corp Announces Results for Fourth Quarter and Full Year 2023 [Yahoo! Finance]

LEATT CORP (LEAT) 
NASDAQ:AMEX Investor Relations: leatt-corp.com
Company Research Source: Yahoo! Finance
equipment for Moto, MTB, and a wide range of extreme and high-velocity sports, today announced financial results for the fourth quarter and full year ending December 31, 2023 . All financial numbers are in U.S. dollars. Full Year and Fourth Quarter 2023 and Recent Highlights Revenues for 2023 were $47.24 million , down 38%, compared to 2022. Net income for 2023 was , down 92%, compared to 2022. Fourth quarter 2023 revenues were $9.80 million , down 10% compared to 2022. Cash and cash equivalents for 2023 increased 60% to $11.35 million , compared to $7.10 million in 2022. Cash flow from operations increased 116% to $6.66 million , compared to $3.09 million in 2022. Winner of 2024 Design & Innovation Award for MTB All Mountain 5.0 Jersey and MTB All Mountain 4.0 Pants Launched new line of Adventure Gear (ADV) for motorcycle riders at EICMA, Milan Chief Executive Officer, Sean Macdonald , commented: "Although 2023 was a challenging year for the cycling and motorcycle i Show less Read more
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