Leatt Corp ( (LEAT) ) has released its Q2 earnings. Here is a breakdown of the information Leatt Corp presented to its investors.
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Leatt Corporation is a prominent developer and marketer of protective gear for extreme sports, focusing on mountain biking and motorsports, known for its innovative neck brace system.
In its second quarter of 2025, Leatt Corp reported a significant increase in both revenue and net income, showcasing a robust financial performance. The company achieved a 61% rise in global revenues and a remarkable 208% increase in net income compared to the same period in 2024.
Key financial highlights include revenues reaching $16.18 million, gross profit climbing to $6.89 million, and income from operations soaring by 224%. The company’s liquidity position improved with cash and cash equivalents increasing by 27% to $15.73 million. Leatt also celebrated product recognition with its 5.0 Gravity Helmet and 6.0 HydraDri® Jacket winning awards at Eurobike 2025.
Looking ahead, Leatt Corp remains optimistic about its growth trajectory, driven by strong demand for its products and strategic investments in innovation and market expansion. Despite some global economic challenges, the company is confident in its ability to sustain growth and enhance shareholder value.