secwatch.observer — SEC 8-K summary
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Issuer:     Leatt Corp (LEAT)
CIK:        0001456189
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001062993-24-006302
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leatt FY2023 revenue $47.24M (-38% YoY), net income $803K (-92%)
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- Full-year revenue $47.24M vs $76.34M in 2022; net income $803K vs $9.96M.
- Q4 2023 revenue $9.80M (-10% YoY); net loss $1.46M vs loss $1.08M in Q4 2022.
- Cash and equivalents $11.35M (+60% YoY); operating cash flow $6.66M (+116%).
- Body armor sales fell $16.29M, helmets $3.36M, neck braces $2.64M.
- Launched new ADV motorcycle gear line at EICMA; sees Q4 as start of recovery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456189/000106299324006302/0001062993-24-006302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456189/000106299324006302/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-006302

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