Leatt Corporation: Get Ready for the Big Reveal!

Ladies and Gentlemen, buckle up! Leatt Corporation, the powerhouse behind some of the most innovative protective gear for extreme sports, is about to drop some serious news. Mark your calendars for March 28, 2025, because that's when they're releasing their Fourth Quarter and Full Year 2024 financial results. And if you think that's all, think again! They're also hosting a conference call at 10:00 am ET on the same day. You can join via phone or through a live webcast on their website. Don't miss out on this opportunity to get the inside scoop on one of the hottest companies in the sports gear industry!



Now, let's talk about why this is such a big deal. Leatt Corporation has been making waves with their cutting-edge protective gear for Moto, MTB, and a wide range of extreme and high-velocity sports. Their products are designed to keep you safe while you're pushing the limits, and they're not afraid to innovate. In fact, they've been launching new product categories left and right, including a portfolio of bicycle components and an ADV apparel line that's designed for motorcycle enthusiasts seeking comfort and safety while riding in all weather conditions and terrains.

But it's not just about the products. Leatt Corporation has been making strategic moves to expand their market reach and customer base. They've been focusing on direct-to-consumer sales, which have seen significant growth in recent quarters. And they're not stopping there. They're also investing in new distributor partnerships in the United Kingdom, Europe, and emerging markets, which could drive future revenue growth.

So, what can we expect from their Fourth Quarter and Full Year 2024 financial results? Well, based on their recent performance, we can expect to see some impressive numbers. In the third quarter of 2024, Leatt Corporation reported a 1% increase in global revenues, amounting to $12.14 million, compared to the same period last year. Gross profit margins saw a sequential rise of 4%, while direct-to-consumer sales surged by 12%. However, net income experienced a significant decline of 75%, attributed to industry-wide challenges and strategic reinvestments.



But don't let that net income decline fool you. Leatt Corporation is playing the long game, and they're investing in their future. They're focusing on product innovation, expanding their sales capabilities globally, and building a strong multi-channel sales organization. And with their strong balance sheet and cash flow, they have the resources to make it happen.

So, mark your calendars, set your alarms, and get ready to tune in to Leatt Corporation's Fourth Quarter and Full Year 2024 financial results conference call and webcast. This is one event you won't want to miss!