Leatt Q3 revenue up 5% to $23.3M; YTD revenue +33%, net income +26%

Leatt Corp

2022-Q3 EPS reported $1.77 revenue$65,425,170

Q3 revenue $23.3M (+5% YoY); net income $4.1M ($0.70 basic EPS vs $0.79 year ago) down 5%.
YTD revenue $65.4M (+33%); YTD net income $11.0M (+26%); YTD EPS $1.90.
Helmet sales surged 88% in Q3; neck braces down 30%, body armor down 15%.
U.S. Q3 revenue rose 26% to fulfill dealer restocking; new Reno warehouse fully operational.
Cash $4.8M, current ratio 3.1:1; 18th consecutive quarter of YoY revenue growth.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Leatt Corp reported third quarter ending September 30, 2022 results: revenue $23.3 million, net income $4.1 million, EPS $0.70 per basic and $0.65 per diluted share.

Period: third quarter ending September 30, 2022
Revenue: $23.3 million
Net income: $4.1 million
EPS: $0.70 per basic and $0.65 per diluted share
Result: reported results

Exact text from the filing

financial results for the third quarter ending September 30, 2022. All financial numbers are in U.S. dollars. Third Quarter 2022 Highlights • Third quarter global revenues of $23.3 million, up 5%, compared to third quarter 2021 • Year-to-date revenues of $65.4 million, up 33%, compared to same period of 2021 • Year-to-date net income of 11.0 million, up 26%,

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Source: SEC EDGAR

accession 0001062993-22-021735

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