For the quarter ending 2025-09-30, LEAT made $14,343,992 in revenue. $650,782 in net income. Net profit margin of 4.54%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 14,343,992 | 16,176,339 | 15,367,864 | 10,905,562 |
| Cost of revenues | 8,027,864 | 9,287,146 | 8,646,851 | 6,594,806 |
| Gross profit | 6,316,128 | 6,889,193 | 6,721,013 | 4,310,756 |
| Product royalty income | 51,300 | 48,306 | 85,298 | 55,064 |
| Salaries and wages | 1,890,062 | 1,846,237 | 1,857,380 | 1,927,675 |
| Commissions and consulting expenses | 205,300 | 187,434 | 157,722 | 115,929.5 |
| Professional fees | 143,857 | 155,345 | 360,051 | 199,207.5 |
| Office rent and expenses | - | 176,120 | 169,176 | 199,087.5 |
| Advertising and marketing | 1,157,331 | 1,152,207 | 892,057 | 983,704.5 |
| Operating lease, cost | 244,197 | - | - | - |
| Research and development costs | 688,223 | 616,795 | 664,490 | 637,534.5 |
| Bad debt expense (recovery) | 35,284 | -31,155 | -63,504 | -22,902 |
| General and administrative expenses | 1,029,429 | 1,101,992 | 1,012,649 | 954,681 |
| Depreciation | 343,565 | 332,606 | 327,008 | 308,096.5 |
| Total operating expenses | 5,737,248 | 5,537,581 | 5,377,029 | 5,303,014 |
| Income from operations | 630,180 | 1,399,918 | 1,429,282 | -937,194 |
| Interest income (expense), net | 100,756 | 117,737 | 82,147 | 35,983.5 |
| Total other expenses | 100,756 | 117,737 | 82,147 | 35,983.5 |
| Income (loss) from continuing operations before income taxes, noncontrolling interest | 730,936 | 1,517,655 | 1,511,429 | -901,210.5 |
| Income taxes | 191,680 | 378,921 | 390,305 | -269,641.5 |
| Net income (loss) available to common shareholders | 539,256 | 1,138,734 | 1,121,124 | -631,569 |
| Foreign currency translation | 111,526 | 136,096 | 66,380 | -244,455.5 |
| Total comprehensive income (loss) | 650,782 | 1,274,830 | 1,187,504 | -876,024.5 |
| Basic | 0.09 | 0.18 | 0.18 | -0.1 |
| Basic (weightedaveragenumberofsharesoutstandingbasic) | 6,212,483 | 6,217,550 | 6,217,550 | -3,107,630.5 |
| Diluted | 0.08 | 0.18 | 0.17 | -0.1 |
| Diluted (weightedaveragenumberofdilutedsharesoutstanding) | 6,483,852 | 6,475,942 | 6,470,546 | -3,252,823 |
Leatt Corp (LEAT)
Leatt Corp (LEAT)