Leatt Q3 revenues up 94% to $22.1M; net income up 166% to $4.3M

Leatt Corp

2021-Q3 EPS reported $1.42 revenue$49,297,861

Revenue of $22.1M vs $11.4M YoY; 5th consecutive record quarterly revenue.
Net income of $4.3M ($0.79 basic EPS) up from $1.6M ($0.30) a year ago.
Body armor sales rose $6.6M; neck brace sales up $1.5M; helmet sales up $1.1M.
New 43,056 sq ft Reno warehouse to enhance U.S. fulfillment.
No long-term debt; cash and equivalents of $2.6M; current ratio 2:1.

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