earnings
confidence high
sentiment negative
materiality 0.70
Leatt Q4 revenue up 14% to $11.20M; full-year net loss widens to $2.20M
Leatt Corp
- Q4 2024 revenues $11.20M, +14% YoY; net loss $(446,459) versus $(1.46M) in Q4 2023.
- Full-year 2024 revenues $44.03M, -7% YoY; net loss $(2.20M) vs net income $803,159 in 2023.
- Full-year loss per share $(0.35) basic, $(0.34) diluted; no EPS guidance provided.
- Body armor +14%, helmets +41%, other products +9% in Q4; neck braces -25%.
- Cash and equivalents $12.37M (+9% YoY); cash from operations $2.80M for 2024.