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Income Statement
Leatt Corp (LEAT)
source: myfinsight.com
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Revenues
$16,176,339
(60.50%↑ Y/Y)
Interest income
(expense), net
$117,737
(20.12%↑ Y/Y)
Product royalty income
$48,306
(-47.93%↓ Y/Y)
Gross profit
$6,889,193
(75.68%↑ Y/Y)
Cost of revenues
$9,287,146
(50.83%↑ Y/Y)
Total other expenses
$117,737
(20.12%↑ Y/Y)
Income from operations
$1,399,918
(223.84%↑ Y/Y)
Total operating
expenses
$5,537,581
(7.64%↑ Y/Y)
Bad debt expense
(recovery)
-$31,155
(-10021.97%↓ Y/Y)
Income (loss) from
continuing operations...
$1,517,655
(247.01%↑ Y/Y)
Commissions and consulting
expenses
$187,434
(13.18%↑ Y/Y)
Depreciation
$332,606
(11.89%↑ Y/Y)
General and
administrative expenses
$1,101,992
(12.77%↑ Y/Y)
Advertising and marketing
$1,152,207
(-2.63%↓ Y/Y)
Office rent and
expenses
$176,120
(7.92%↑ Y/Y)
Professional fees
$155,345
(28.79%↑ Y/Y)
Research and development
costs
$616,795
(-1.91%↓ Y/Y)
Salaries and wages
$1,846,237
(14.79%↑ Y/Y)
Net income (loss)
available to common...
$1,138,734
(207.70%↑ Y/Y)
Foreign currency
translation
$136,096
(-15.24%↓ Y/Y)
Income taxes
$378,921
(1416.11%↑ Y/Y)
Total comprehensive
income (loss)
$1,274,830
(242.15%↑ Y/Y)
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