Leatt Q1 revenue $24.2M (+88% YoY); net income $4.2M (+105%)

Leatt Corp

2022-Q1 EPS reported $0.68 revenue$24,228,108

Revenue $24.2M vs $12.9M Q1 2021; 7th consecutive record quarter.
Net income $4.2M ($0.73 basic EPS) vs $2.1M ($0.38) YoY.
Helmet sales surged 269% YoY, contributing 23% of total revenue.
Neck brace sales declined 21% partially offsetting gains.
New Reno, NV warehouse fully online to speed U.S. distribution.

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