Leatt (OTCMKTS:LEAT) Releases Earnings Results

Leatt (OTCMKTS:LEAT) issued its quarterly earnings data on Friday. The company reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. Leatt had a net margin of 5.93% and a return on equity of 9.27%.

Here are the key takeaways from Leatt’s conference call:

• Q2 revenue rose 1% to $16.39 million, as strong U.S. growth, international sales, body armor, and helmet demand were largely offset by shipping-timing disruptions and weaker apparel/accessory and neck-brace sales.
• Management said the supply-chain issue caused no lost revenue; delayed shipments moved into early Q3 after container availability improved, giving the quarter a strong start.
• Consumer-direct sales increased 68% in Q2 and 61% year to date, while year-to-date revenue grew 14% to $35.9 million and net income rose 19% to $2.68 million.
• Leatt ended June with $19.53 million in cash and $7.44 million of operating cash flow for the first six months, supporting continued investments, growth initiatives, and a $750,000 share-repurchase program.
• New growth initiatives include Cardo-integrated Moto 8.5 helmets planned for the second half of 2026 and the launch of wholly owned Bike Care Technologies products, with initial sales expected in Q3.

Leatt Stock Down 12.1%

OTCMKTS:LEAT traded down $1.60 during mid-day trading on Friday, hitting $11.60. 49,547 shares of the company traded hands, compared to its average volume of 4,177. The stock’s fifty day moving average price is $12.47 and its 200-day moving average price is $10.77. The firm has a market cap of $72.27 million, a price-to-earnings ratio of 19.02 and a beta of 0.86. Leatt has a one year low of $8.31 and a one year high of $14.50.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.