Leatt ( (LEAT) ) has shared an announcement.
Leatt Corporation reported a modest growth in global revenues for Q3 2024, with a 1% increase, reaching $12.14 million. Despite a 75% drop in net income, the company saw a significant rise in direct-to-consumer sales by 12% and improved cash flow and liquidity. CEO Sean Macdonald highlighted the introduction of the new ADV apparel line and continued innovation in product offerings as key drivers for future growth, even as challenges persist in the market.
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