secwatch.observer — SEC 8-K summary
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Issuer:     Leatt Corp (LEAT)
CIK:        0001456189
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001062993-24-014731
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leatt Q2 2024 revenue down 18% to $10.08M; posts $1.13M operating loss
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- Revenue $10.08M (-18% YoY); operating loss $1.13M vs profit $1.31M prior year.
- Net loss $1.06M ($0.17/sh) vs net income $0.78M ($0.13/sh) in Q2 2023.
- Cash $13.33M (+17% YTD); operating cash flow $2.99M for six months.
- U.S. sales $3.73M, intl. $6.34M; direct consumer +19%, dealer +14%, distributor -33%.
- Launched new MTB bicycle components (handlebars, grips, stems, pedals) at Eurobike.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1456189/000106299324014731/0001062993-24-014731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1456189/000106299324014731/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-014731

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