Financial Snapshot

Revenue
$42.63M
TTM
Gross Margin
38.93%
TTM
Net Earnings
-$3.215M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
650.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$6.581M
Q3 2024
Book Value
$38.82M
Q3 2024
Cash
Q3 2024
P/E
-14.69
Nov 29, 2024 EST
Free Cash Flow
$1.599M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $47.24M $76.34M $72.48M $38.60M $28.32M $24.39M $20.14M $16.42M $18.34M $18.46M $14.89M $16.58M $17.88M $14.33M
YoY Change -38.11% 5.33% 87.74% 36.33% 16.09% 21.12% 22.68% -10.5% -0.63% 23.97% -10.19% -7.27% 24.77%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $47.24M $76.34M $72.48M $38.60M $28.32M $24.39M $20.14M $16.42M $18.34M $18.46M $14.89M $16.58M $17.88M $14.33M
Cost Of Revenue $27.44M $45.20M $41.03M $21.22M $15.31M $12.82M $10.67M $8.178M $8.741M $8.637M $7.160M $7.670M $7.470M $5.610M
Gross Profit $19.81M $31.13M $31.45M $17.39M $13.01M $11.57M $9.465M $8.238M $9.602M $9.822M $7.730M $8.910M $10.41M $8.720M
Gross Profit Margin 41.93% 40.78% 43.39% 45.04% 45.93% 47.44% 47.0% 50.18% 52.35% 53.21% 51.91% 53.74% 58.22% 60.85%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $14.78M $15.08M $12.16M $9.286M $8.780M $7.995M $7.503M $7.221M $7.305M $7.845M $7.750M $7.580M $8.030M $7.470M
YoY Change -1.97% 23.99% 30.96% 5.77% 9.81% 6.56% 3.91% -1.16% -6.89% 1.23% 2.24% -5.6% 7.5%
% of Gross Profit 74.62% 48.43% 38.67% 53.4% 67.5% 69.09% 79.27% 87.64% 76.08% 79.87% 100.26% 85.07% 77.14% 85.67%
Research & Development $2.527M $2.180M $1.827M $1.523M $1.491M $1.413M $1.359M $1.443M $1.180M $1.222M $1.170M $1.110M $1.220M $1.080M
YoY Change 15.9% 19.33% 19.97% 2.12% 5.54% 4.0% -5.88% 22.3% -3.43% 4.46% 5.41% -9.02% 12.96%
% of Gross Profit 12.76% 7.0% 5.81% 8.76% 11.46% 12.21% 14.35% 17.52% 12.29% 12.44% 15.14% 12.46% 11.72% 12.39%
Depreciation & Amortization $1.175M $1.098M $1.026M $832.2K $760.2K $695.6K $476.6K $409.5K $371.1K $304.7K $330.0K $420.0K $400.0K $340.0K
YoY Change 6.94% 7.11% 23.23% 9.47% 9.29% 45.97% 16.37% 10.36% 21.79% -7.67% -21.43% 5.0% 17.65%
% of Gross Profit 5.93% 3.53% 3.26% 4.79% 5.84% 6.01% 5.03% 4.97% 3.86% 3.1% 4.27% 4.71% 3.84% 3.9%
Operating Expenses $18.48M $18.36M $14.83M $11.64M $11.07M $10.13M $9.240M $8.970M $8.674M $9.181M $8.300M $8.840M $9.650M $8.900M
YoY Change 0.68% 23.77% 27.4% 5.13% 9.32% 9.62% 3.01% 3.42% -5.53% 10.62% -6.11% -8.39% 8.43%
Operating Profit $1.418M $13.02M $16.62M $5.836M $1.981M $1.487M $225.5K -$731.7K $928.2K $641.3K -$570.0K $70.00K $760.0K -$180.0K
YoY Change -89.1% -21.66% 184.69% 194.65% 33.21% 559.35% -130.82% -178.83% 44.75% -212.5% -914.29% -90.79% -522.22%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense -$39.14K -$13.55K -$160.00 -$4.720K -$38.30K $39.12K -$9.460K $97.52K $32.30K
YoY Change 188.86% 8368.75% -96.61% -87.68% -197.9% -513.53% -109.7% 201.92%
% of Operating Profit -2.76% -0.1% 0.0% -0.08% -1.93% 2.63% -4.19% 3.48%
Other Income/Expense, Net -$39.14K -$13.55K -$163.00 $206.0K -$38.30K $39.12K $10.85K $20.00K $60.00K $120.0K $30.00K
YoY Change 188.84% 8212.88% -100.08% -637.88% -197.9% -45.75% -66.67% -50.0% 300.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income $1.379M $13.00M $16.62M $6.042M $1.942M $1.526M $216.1K -$634.2K $960.5K $652.1K -$550.0K $130.0K $880.0K -$150.0K
YoY Change -89.39% -21.74% 174.98% 211.07% 27.28% 606.32% -134.07% -166.03% 47.29% -218.57% -523.08% -85.23% -686.67%
Income Tax $576.2K $3.043M $4.041M $1.619M $566.7K $329.2K -$21.24K -$179.0K $385.6K $233.8K -$170.0K $50.00K $120.0K $60.00K
% Of Pretax Income 41.77% 23.4% 24.32% 26.79% 29.18% 21.57% -9.83% 40.14% 35.85% 38.46% 13.64%
Net Earnings $803.2K $9.960M $12.57M $4.424M $1.376M $1.197M $237.3K -$455.2K $574.9K $418.4K -$380.0K $80.00K $760.0K -$210.0K
YoY Change -91.94% -20.79% 184.24% 221.57% 14.95% 404.38% -152.12% -179.18% 37.43% -210.09% -575.0% -89.47% -461.9%
Net Earnings / Revenue 1.7% 13.05% 17.35% 11.46% 4.86% 4.91% 1.18% -2.77% 3.13% 2.27% -2.55% 0.48% 4.25% -1.47%
Basic Earnings Per Share $0.13 $1.71 $2.29 $0.82 $0.26 $0.22
Diluted Earnings Per Share $0.13 $1.62 $2.072M $0.74 $0.25 $0.22 $42.79K -$85.72K $103.8K $80.44K -$73.08K $15.38K $145.9K -$39.77K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $11.35M $7.103M $5.081M $3.025M $2.131M $1.768M $1.576M $1.161M $1.113M $782.9K $890.0K $980.0K $1.400M $1.540M
YoY Change 59.76% 39.8% 67.94% 41.96% 20.53% 12.16% 35.75% 4.34% 42.16% -12.04% -9.18% -30.0% -9.09%
Cash & Equivalents $11.35M $7.103M $5.022M $2.967M $2.073M $1.710M $1.518M $1.103M $1.055M $724.7K $840.0K $670.0K $1.080M $1.240M
Short-Term Investments $0.00 $58.26K $58.26K $58.24K $58.23K $58.22K $58.20K $58.17K $58.15K $60.00K $310.0K $310.0K $310.0K
Other Short-Term Assets $2.972M $4.942M $5.789M $2.914M $1.577M $1.721M $1.413M $1.417M $1.279M $1.339M $1.350M $1.090M $1.060M $980.0K
YoY Change -39.86% -14.63% 98.64% 84.85% -8.37% 21.8% -0.28% 10.77% -4.53% -0.78% 23.85% 2.83% 8.16%
Inventory $20.39M $22.81M $21.08M $9.670M $8.655M $4.815M $5.034M $4.578M $4.241M $3.404M $3.260M $3.770M $3.680M $2.760M
Prepaid Expenses
Receivables $6.970M $12.84M $12.66M $7.174M $2.956M $2.049M $2.421M $2.218M $2.902M $4.239M $3.140M $3.530M $2.990M $2.850M
Other Receivables $623.1K $0.00 $0.00 $2.960K $0.00 $0.00 $130.2K $83.57K $0.00 $25.30K $0.00 $0.00 $0.00 $40.00K
Total Short-Term Assets $42.30M $47.69M $44.61M $22.79M $15.32M $10.35M $10.57M $9.457M $9.535M $9.899M $8.640M $9.370M $9.120M $8.180M
YoY Change -11.29% 6.9% 95.78% 48.75% 47.96% -2.09% 11.81% -0.81% -3.68% 14.57% -7.79% 2.74% 11.49%
Property, Plant & Equipment $4.872M $4.197M $4.521M $3.338M $2.843M $2.317M $2.114M $1.191M $1.313M $995.5K $890.0K $1.130M $1.370M $1.500M
YoY Change 16.1% -7.18% 35.44% 17.42% 22.68% 9.63% 77.53% -9.34% 31.92% 11.86% -21.24% -17.52% -8.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $120.4K $40.80K $33.34K $112.4K $26.64K $25.38K $26.08K $133.2K $131.5K $17.98K $20.00K $40.00K $30.00K $30.00K
YoY Change 195.12% 22.38% -70.34% 321.92% 4.96% -2.68% -80.42% 1.29% 631.31% -10.1% -50.0% 33.33% 0.0%
Total Long-Term Assets $5.302M $4.237M $4.555M $3.451M $2.870M $2.383M $2.216M $1.393M $1.596M $1.305M $1.330M $1.290M $1.520M $1.620M
YoY Change 25.14% -6.97% 32.0% 20.24% 20.41% 7.54% 59.1% -12.72% 22.32% -1.89% 3.1% -15.13% -6.17%
Total Assets $47.61M $51.93M $49.17M $26.24M $18.19M $12.74M $12.79M $10.85M $11.13M $11.20M $9.970M $10.66M $10.64M $9.800M
YoY Change
Accounts Payable $5.202M $6.011M $14.62M $8.009M $5.426M $2.779M $4.434M $3.022M $2.561M $2.981M $2.080M $2.000M $2.170M $1.740M
YoY Change -13.46% -58.88% 82.52% 47.61% 95.23% -37.32% 46.73% 17.99% -14.09% 43.31% 4.0% -7.83% 24.71%
Accrued Expenses $299.4K $680.7K $318.6K $207.8K $190.8K
YoY Change -56.01% 113.65% 53.32% 8.94%
Deferred Revenue
YoY Change
Short-Term Debt $1.136M $1.030M $975.0K $677.6K $876.5K $582.1K $518.1K $542.5K $658.6K $626.1K $830.0K $840.0K $620.0K $630.0K
YoY Change 10.25% 5.66% 43.89% -22.69% 50.56% 12.35% -4.5% -17.63% 5.19% -24.56% -1.19% 35.48% -1.59%
Long-Term Debt Due $112.9K $108.4K $83.27K
YoY Change 4.11% 30.18%
Total Short-Term Liabilities $6.750M $11.21M $18.73M $10.55M $7.086M $3.432M $4.952M $3.564M $3.605M $3.938M $2.910M $2.950M $2.940M $2.440M
YoY Change -39.8% -40.14% 77.59% 48.87% 106.48% -30.7% 38.93% -1.12% -8.47% 35.33% -1.36% 0.34% 20.49%
Long-Term Debt $30.65K $142.0K $189.3K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -78.41% -24.98%
Other Long-Term Liabilities $545.8K $811.4K $1.395M $318.1K $381.2K $80.00K $0.00 $0.00
YoY Change -32.74% -41.82% 338.4% -16.55% 376.49%
Total Long-Term Liabilities $576.4K $953.4K $1.584M $318.1K $381.2K $80.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -39.54% -39.8% 397.89% -16.55% 376.49%
Total Liabilities $7.327M $12.23M $20.55M $10.87M $7.467M $3.682M $4.990M $3.630M $3.678M $4.026M $2.950M $2.990M $3.040M $2.550M
YoY Change -40.11% -40.46% 89.07% 45.53% 102.77% -26.2% 37.48% -1.31% -8.67% 36.49% -1.34% -1.64% 19.22%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 5.992M shares 5.821M shares 5.480M shares 5.390M shares 5.385M shares 5.367M shares
Diluted Shares Outstanding 6.288M shares 6.137M shares 6.068M shares 5.991M shares 5.546M shares 5.532M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $47.237 Million

About Leatt Corp

Leatt Corp. engages in the design, development, marketing, and distribution of personal protective equipment. The firm sells its products to customers across the world, through a network of distributors and retailers. The company also acts as the original equipment manufacturer for neck braces sold by other international brands. The firm's products are based on the Leatt-Brace system, an injection molded neck protection system, designed to prevent devastating injuries to the cervical spine and neck. The firm's other products include other products, parts and accessories are comprised of goggles, hydrations bags and apparel items including jerseys, pants, shorts and jackets as well as aftermarket support items required primarily to replace worn or damaged parts through its global distribution network.

Industry: Motorcycles, Bicycles & Parts Peers: