secwatch.observer — SEC 8-K summary
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Issuer:     Leatt Corp (LEAT)
CIK:        0001456189
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001062993-23-020126
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leatt Q3 revenue down 48% to $12M, net income falls 89% to $460K
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- Revenue $12.0M (-48% YoY); net income $460K (-89%); EPS $0.07 diluted vs $0.65.
- International revenue $8.2M (-54%); US sales $3.9M (-29%).
- Cash $10.8M (+123%); operating cash flow $6.6M (+277%) for first nine months.
- Gross margin first nine months 43% (up from 42%).
- Consumer direct sales +16% YTD; new ADV line launched at EICMA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456189/000106299323020126/0001062993-23-020126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456189/000106299323020126/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-020126

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