Overview
Leatt Q2 revenue rises 61% yr/yr to $16.18 mln
Net income increases 208% yr/yr, driven by product category growth
Co wins awards at Eurobike 2025 for helmet and jacket
Outlook
Leatt expects working capital investments to increase in coming periods
Company confident in liquidity to support growth
Leatt sees strong demand and consistent revenue growth globally
Company anticipates tariff risks could impact inflation and demand in U.S.
Result Drivers
PRODUCT CATEGORY GROWTH - Double-digit revenue growth in body armor, helmets, and accessories drove overall revenue increase
DIRECT SALES - Consumer direct sales rose 35%, contributing to revenue growth
IMPROVED MARGINS - Gross profit margin increased from 39% to 43%, aided by better trading conditions
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | $16.18 mln | ||
Q2 Gross Profit | $6.89 mln | ||
Q2 Income from Operations | $1.40 mln |
Press Release: ID:nPn96GQM0a
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)