Tiger Brokers

Leatt Corporation Reports 61% Increase in Q2 2025 Revenues and 208% Rise in Net Income; EPS at $0.18

Reuters
Aug 07
Leatt Corporation Reports 61% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenues and 208% Rise in Net Income; EPS at $0.18

Leatt Corporation, a leader in protective equipment for extreme sports, reported a robust performance for the second quarter of 2025. The company's global revenues increased by 61% to $16.18 million, compared to $10.08 million in the same quarter of 2024. This growth was driven by significant increases in product sales, including a $2.70 million rise in body armor sales and a $1.68 million increase in helmet sales. Net income for the quarter surged 208% to $1.14 million, reversing a net loss of $1.06 million in the second quarter of 2024. Earnings per share improved to $0.18 per basic and diluted share. Gross profit also saw a substantial rise, reaching $6.89 million, a 76% increase over the previous year's second quarter. Leatt's cash and cash equivalents grew by 27% to $15.73 million, with cash flows from operations generating $4.11 million in the first half of 2025. The company continued to support its working capital needs through internal cash flow. Chief Executive Officer Sean Macdonald highlighted the company's strong revenue growth and profitability, marking the fourth consecutive quarter of growth and the third consecutive quarter of double-digit growth. Notably, Leatt's 5.0 Gravity Helmet and 6.0 HydraDri® Jacket received awards at Eurobike 2025, underscoring the company's commitment to innovation and quality in its product offerings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leatt Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA46372) on August 07, 2025, and is solely responsible for the information contained therein.

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