Leatt Corp reports record annual revenue of $72.5M, net income up 184%

Leatt Corp

Full year 2021 revenue $72.5M (+88% YoY); net income $12.6M (+184%); EPS $2.29 basic (+179%).
Q4 2021 revenue $23.2M (+82% YoY); Q4 net income $3.8M (+115%); Q4 EPS $0.68 basic.
Gross profit $31.4M (+81%); income from operations $16.6M (+185%); cash $5.02M (vs $2.97M in 2020).
Record revenues for six consecutive quarters; double-digit growth in all product categories and regions.
Launched eco-friendly MTB apparel line; new partnership with Pivot Factory Racing MTB Team for brand exposure.

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