Leatt ( (LEAT) ) has shared an update.
Leatt Corporation reported a 14% increase in fourth-quarter 2024 revenues compared to 2023, despite a 7% decline in full-year revenues. The company saw growth in body armor and helmet sales, and improved gross profit margins, while also enhancing liquidity and operational cash flow. Challenges included decreased neck brace sales and constrained U.S. MOTO dealer sales. The company remains optimistic about future growth, supported by new distributor partnerships and a strong product pipeline.
More about Leatt
Leatt Corporation is a developer and marketer of head-to-toe protective gear for sports, focusing on mountain biking and extreme motorsports. Their products include the Leatt-Brace®, a neck brace system recognized as a gold standard for neck protection.
YTD Price Performance: -4.29%
Average Trading Volume: 2,863
Technical Sentiment Signal: Strong Buy
Current Market Cap: $41.64M
Learn more about LEAT stock on TipRanks’ Stock Analysis page.