Leatt Corporation
Leatt Corporation (LEAT) Financial Performance & Income Statement Overview
Analyze Leatt Corporation (LEAT) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Leatt Corporation (LEAT) Income Statement & Financial Overview
Analyze Leatt Corporation’s LEAT earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $15.37M | $11.20M | $12.14M | $10.08M |
| Cost of Revenue | $8.65M | $6.58M | $6.97M | $8.06M |
| Gross Profit | $6.72M | $4.61M | $5.17M | $2.02M |
| Gross Profit Ratio | $0.44 | $0.41 | $0.43 | $0.20 |
| R&D Expenses | $664490.00 | $719291.00 | $620019.00 | $628793.00 |
| SG&A Expenses | $2.26M | $4.78M | $4.36M | $4.22M |
| Operating Expenses | $5.38M | $5.70M | $5.14M | $3.24M |
| Total Costs & Expenses | $14.02M | $12.28M | $12.24M | $11.30M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $82147.00 | $0.00 | $105430.00 | $98016.00 |
| Depreciation & Amortization | $0.00 | $322059.00 | $316404.00 | $297250.00 |
| EBITDA | $1.43M | -$817540.00 | $311514.00 | -$833136.00 |
| EBITDA Ratio | $0.09 | -$0.07 | $0.03 | -$0.08 |
| Operating Income | $1.43M | -$1.08M | $25898.00 | -$1.22M |
| Operating Income Ratio | $0.09 | -$0.10 | $0.002 | -$0.12 |
| Other Income/Expenses (Net) | $82147.00 | $96450.00 | $105430.00 | $98016.00 |
| Income Before Tax | $1.51M | -$987381.00 | $131328.00 | -$1.03M |
| Income Before Tax Ratio | $0.10 | -$0.09 | $0.01 | -$0.10 |
| Income Tax Expense | $390305.00 | -$540922.00 | $15491.00 | $24993.00 |
| Net Income | $1.12M | -$446459.00 | $115837.00 | -$1.06M |
| Net Income Ratio | $0.07 | -$0.04 | $0.010 | -$0.10 |
| EPS | $0.18 | -$0.07 | $0.02 | -$0.17 |
| Diluted EPS | $0.17 | -$0.07 | $0.02 | -$0.17 |
| Weighted Avg Shares Outstanding | $6.22M | $6.22M | $6.22M | $6.22M |
| Weighted Avg Shares Outstanding (Diluted) | $6.47M | $6.22M | $6.49M | $6.22M |
Over the last four quarters, Leatt Corporation achieved steady financial progress, growing revenue from $10.08M in Q2 2024 to $15.37M in Q1 2025. Gross profit stayed firm with margins at 44% in Q1 2025 versus 20% in Q2 2024. Operating income totaled $1.43M in Q1 2025, maintaining a 9% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $1.43M. Net income rose to $1.12M, with EPS at $0.18. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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