For the quarter ending 2026-03-31, LEAT made $19,507,486 in revenue. $1,656,662 in net income. Net profit margin of 8.49%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 19,507,486 | 16,019,719 | 14,343,992 | 16,176,339 |
| Cost of revenues | 10,933,059 | 8,724,109 | 8,027,864 | 9,287,146 |
| Gross profit | 8,574,427 | 7,295,610 | 6,316,128 | 6,889,193 |
| Represents about product royalty income | 372,819 | 196,853 | 51,300 | 48,306 |
| Salaries and wages | 2,148,626 | 2,323,708 | 1,890,062 | 1,846,237 |
| Commissions and consulting expenses | 235,793 | 214,146 | 205,300 | 187,434 |
| Professional fees | 290,492 | 193,812 | 143,857 | 155,345 |
| Office rent and expenses | - | - | - | 176,120 |
| Advertising and marketing | 1,061,196 | 1,362,324 | 1,157,331 | 1,152,207 |
| Operating lease, cost | 240,715 | 510,014* | 244,197 | - |
| Research and development costs | 797,348 | 734,563 | 688,223 | 616,795 |
| Bad debt expense (recovery) | 130,082 | -6,548 | 35,284 | -31,155 |
| General and administrative expenses | 1,210,233 | 1,228,263 | 1,029,429 | 1,101,992 |
| Depreciation | 514,616 | 324,011 | 343,565 | 332,606 |
| Impairment charge | - | 58,556* | - | - |
| Total operating expenses | 6,629,101 | 6,942,849 | 5,737,248 | 5,537,581 |
| Income from operations | 2,318,145 | 549,614 | 630,180 | 1,399,918 |
| Interest income (expense), net | 74,496 | 96,360 | 100,756 | 117,737 |
| Total other expenses | 74,496 | 96,360 | 100,756 | 117,737 |
| Income (loss) from continuing operations before income taxes, noncontrolling interest | 2,392,641 | 645,974 | 730,936 | 1,517,655 |
| Income taxes | 621,947 | 181,166 | 191,680 | 378,921 |
| Net income available to common shareholders | 1,770,694 | 464,808 | 539,256 | 1,138,734 |
| Foreign currency translation | -114,032 | 154,693 | 111,526 | 136,096 |
| Total comprehensive income (loss) | 1,656,662 | 619,501 | 650,782 | 1,274,830 |
| Basic EPS | 0.28 | 0.1 | 0.09 | 0.18 |
| Diluted EPS | 0.27 | 0.097 | 0.08 | 0.18 |
| Basic Average Shares | 6,236,178 | 6,211,861 | 6,212,483 | 6,217,550 |
| Diluted Average Shares | 6,466,734 | 6,359,200 | 6,483,852 | 6,475,942 |
Leatt Corp (LEAT)
Leatt Corp (LEAT)