Leatt Corp Income Statement
LEAT|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$62M
FY2025
Gross Profit
$27M
44.0% gross margin
Operating Income
$4M
FY2025
Net Income
$3M
FY2025
Leatt Corp reported $62M in revenue and $3M in net income for FY2025. Revenue has grown at a 10.7% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Conservative debt: Debt-to-equity ratio of 0.00
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.9M | $44.0M | $47.2M | $76.3M | $72.5M | $38.6M | $28.3M | $24.4M | $20.1M | $16.4M | $18.3M | $18.5M | $14.9M | $16.6M |
| Cost of Revenue | $34.7M | $26.3M | $27.4M | $45.2M | $41.0M | $21.2M | $15.3M | $12.8M | $10.7M | $8.2M | $8.7M | $8.6M | $7.2M | $7.7M |
| Gross Profit | $27.2M | $17.7M | $19.8M | $31.1M | $31.4M | $17.4M | $13.0M | $11.6M | $9.5M | $8.2M | $9.6M | $9.8M | $7.7M | $8.9M |
| SG&A Expense | $4.4M | $3.9M | $3.4M | $3.3M | $2.5M | $1.9M | $2.0M | $1.9M | $1.7M | $1.9M | $1.8M | $2.1M | $2.1M | $2.1M |
| R&D Expense | $2.7M | $2.5M | $2.5M | $2.2M | $1.8M | $1.5M | $1.5M | $1.4M | $1.4M | $1.4M | $1.2M | $1.2M | $1.2M | $1.1M |
| Operating Income | $4.0M | -$3.0M | $1.4M | $13.0M | $16.6M | $5.8M | $2.0M | $1.5M | $225.5K | -$731.7K | $928.2K | $641.3K | -$567.1K | $65.5K |
| Income Tax | $1.1M | -$498.8K | $576.2K | $3.0M | $4.0M | $1.6M | $566.7K | $329.2K | -$21.2K | -$179.0K | $385.6K | $233.8K | -$171.9K | $47.7K |
| Net Income | $3.3M | -$2.2M | $803.2K | $10.0M | $12.6M | $4.4M | $1.4M | $1.2M | $237.3K | -$455.2K | $574.9K | $418.4K | -$375.2K | $78.6K |
| EPS (Basic) | -$0.35 | $0.13 | $1.71 | $2.29 | $0.82 | $0.26 | $0.22 | $0.04 | -$0.09 | $0.11 | $0.08 | -$0.07 | $0.01 | $0.15 |
| EPS (Diluted) | -$0.34 | $0.13 | $1.62 | $2.07 | $0.74 | $0.25 | $0.22 | $0.04 | -$0.08 | $0.10 | $0.08 | -$0.07 | $0.01 | $0.15 |
| Shares Outstanding | 6.2M | 6.2M | 6.0M | 5.7M | 5.4M | 5.4M | 5.4M | 5.4M | 5.4M | 5.2M | 5.2M | 5.2M | 5.2M | 5.2M |
| Gross Margin | 44.0% | 40.2% | 41.9% | 40.8% | 43.4% | 45.0% | 45.9% | 47.4% | 47.0% | 50.2% | 52.3% | 53.2% | 51.9% | 53.7% |
| Operating Margin | 6.5% | -6.8% | 3.0% | 17.1% | 22.9% | 15.1% | 7.0% | 6.1% | 1.1% | -4.5% | 5.1% | 3.5% | -3.8% | 0.4% |
| Profit Margin | 5.3% | -5.0% | 1.7% | 13.1% | 17.3% | 11.5% | 4.9% | 4.9% | 1.2% | -2.8% | 3.1% | 2.3% | -2.5% | 0.5% |