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Stock impact report

Leatt Corp Announces Results for Fourth Quarter and Full Year 2024

LEATT CORP (LEAT) 
NASDAQ:AMEX Investor Relations: leatt-corp.com
Company Research Source: PR Newswire
CAPE TOWN, South Africa, March 28, 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 fourth quarter and full year ending December 31, 2024. All financial numbers are in U.S. dollars.Fourth Quarter and Full Year 2024 Recent HighlightsFourth quarter 2024 revenues were $11.20 million, up 14% compared to 2023.Fourth quarter 2024 net loss was $(446,459), a 69% improvement compared to 2023.Total revenues for 2024 were $44.03 million, down 7% compared to 2023.Cash and cash equivalents for 2024 increased 9% to $12.37 million.Cash flow generated by operations of $2.80 million for 2024.Rob Ramlose was named as U.S. VP of MOTO and ADV sales.Winner of two prestigious 2025 Design & Innovation Awards.Chief Executive Officer Sean Macdonald commented, "Our team is very encouraged by our return to double-digit revenue gr Show less Read more
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