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Leatt Corporation (LEAT)
OTHER OTC:LEAT
US Market
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Leatt (LEAT) Price & Analysis

13 Followers

LEAT Stock Chart & Stats

$9.25
$0.02(0.21%)
At close: 4:00 PM EST
$9.25
$0.02(0.21%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationSustained free cash flow near $9M (TTM) supports reinvestment, marketing and opportunistic buybacks without relying on external financing. Strong cash conversion (FCF ~0.94x net income) enhances financial flexibility and buffers the business through multi-quarter cycles.
Conservative Balance SheetExtremely low leverage reduces solvency risk and preserves capacity for growth investments. A conservative balance sheet combined with improving ROE gives management room to fund marketing, international expansion and working-capital needs while maintaining resilience to industry cyclicality.
Broad-based Revenue And Channel ExpansionDiverse, multi-channel growth (direct, dealers, international) and category breadth—helmets, body armor, eyewear and footwear—indicate structural demand expansion. International reorder strength and channel reorganization support durable top-line growth beyond a single market or product.
Bears Say
Earnings Volatility / CyclicalityHistorical swings (sharp revenue declines and a 2024 loss) imply earnings and margins are sensitive to market cycles and inventory dynamics. This persistent volatility complicates multi-quarter planning and suggests profits may revert quickly if end-market participation weakens.
Rising Working-capital NeedsAnticipated increases in inventories and receivables will tie up cash during growth phases, potentially reducing free cash flow and pressuring liquidity even with current strong cash balances. This can constrain investment timing and increase short-term financing reliance.
Product/category Concentration RiskHeavy reliance on footwear within the body armor category and limited growth in legacy neck-brace sales create concentration risk: a slowdown in footwear demand or weaker adoption of higher-margin legacy items could disproportionately impact segment growth and margin sustainability.

Leatt News

LEAT FAQ

What was Leatt Corporation’s price range in the past 12 months?
Leatt Corporation lowest stock price was $8.31 and its highest was $14.50 in the past 12 months.
    What is Leatt Corporation’s market cap?
    Leatt Corporation’s market cap is $80.97M.
      When is Leatt Corporation’s upcoming earnings report date?
      Leatt Corporation’s upcoming earnings report date is Aug 06, 2026 which is in 14 days.
        How were Leatt Corporation’s earnings last quarter?
        Leatt Corporation released its earnings results on May 12, 2026. The company reported $0.274 earnings per share for the quarter, beating the consensus estimate of N/A by $0.274.
          Is Leatt Corporation overvalued?
          According to Wall Street analysts Leatt Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Leatt Corporation pay dividends?
            Leatt Corporation does not currently pay dividends.
            What is Leatt Corporation’s EPS estimate?
            Leatt Corporation’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Leatt Corporation have?
            Leatt Corporation has 6,233,056 shares outstanding.
              What happened to Leatt Corporation’s price movement after its last earnings report?
              Leatt Corporation reported an EPS of $0.274 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 18.477%.
                Which hedge fund is a major shareholder of Leatt Corporation?
                Currently, no hedge funds are holding shares in LEAT
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Leatt Stock Smart Score

                  5
                  Neutral
                  1
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                  10

                  Technicals

                  SMA
                  Positive
                  20 days / 200 days
                  Momentum
                  53.24%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  Trailing 12-Months
                  Asset Growth
                  9.29%
                  Trailing 12-Months

                  Company Description

                  Leatt Corporation

                  Leatt Corporation is a global enterprise specializing in the design, development, promotion, and distribution of personal safety gear for individuals engaging in various motorsports and recreational pursuits. A cornerstone of their product line is the Leatt-Brace system, an innovative injection-molded neck protection device specifically engineered to safeguard the cervical spine and prevent neck injuries. Beyond neck support, the company also supplies an extensive array of protective equipment, including helmets crafted for head and brain safety, along with a comprehensive range of body armor such as chest protectors, full upper body guards, protective vests, back protectors, knee braces, knee and elbow pads, impact-absorbing shorts, cooling vests, specialized off-road motorcycle boots, and mountain biking footwear. Furthermore, Leatt offers a diverse selection of accessories and apparel, spanning from goggles and various types of bags (toolbelt, duffel, gear, helmet, and hydration options) to casual wear like clothing, caps, and hats. The apparel collection also features jackets, jerseys, pants, shorts, socks, and gloves, in addition to aftermarket support items. Uniquely, Leatt also functions as an original equipment manufacturer (OEM), producing neck braces that are retailed under different brands. Their protective gear is utilized by a wide spectrum of athletes and enthusiasts, including riders of motorcycles, bicycles, snowmobiles, and ATVs, as well as participants in motor racing and other sports requiring head protection. Leatt's products reach customers globally through a well-established network of independent distributors and retailers, complemented by direct sales via their official e-commerce platform, leatt.com. Tracing its origins back to 2001, the company was initially incorporated as Treadzone, Inc., before adopting the name Leatt Corporation in May 2005. It maintains its corporate headquarters in Durbanville, South Africa.

                  Leatt (LEAT) Earnings & Revenues

                  LEAT Earnings Call

                  Q1 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call presented a strong operational quarter with broad-based revenue growth (27% YoY), materially higher net income (+58%), robust cash generation and stable gross margins despite greater marketing and brand investments. International expansion, a large Consumer Direct increase (+49%), and standout category performance (helmets +59%, eyewear +152%) were notable positives. The company flagged potential global headwinds and expects higher working capital needs as growth continues, and some legacy categories (neck braces) showed only modest gains. Overall, positives (top-line growth, margin resilience, cash build, and strategic brand investments) substantially outweighed the balanced but manageable risks.View all LEAT earnings summaries
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                  Ownership Overview

                  0.63%0.16%99.21%
                  Insiders
                  0.16% Other Institutional Investors
                  99.21% Public Companies and
                  Individual Investors
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