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International DistributorRevenues$42,344,276 (48.06%↑ Y/Y)Dealer Direct Revenues$14,533,685 (21.66%↑ Y/Y)Consumer And AthleteDirect Revenues$5,029,953 (44.42%↑ Y/Y)Revenues$61,907,914 (40.61%↑ Y/Y)Gross profit$27,221,944 (53.68%↑ Y/Y)Interest income(expense), operating$397,000 (44.15%↑ Y/Y)Product royalty income$381,757 (16.88%↑ Y/Y)Cost of revenues$34,685,970 (31.81%↑ Y/Y)Income from operations$4,008,994 (234.58%↑ Y/Y)Total other expenses$397,000 (44.15%↑ Y/Y)Total operatingexpenses$23,594,707 (12.26%↑ Y/Y)Bad debt expense(recovery)-$65,923 (13.58%↑ Y/Y)Income (loss) fromcontinuing operations...$4,405,994 (262.98%↑ Y/Y)Salaries and wages$7,917,387 (10.88%↑ Y/Y)Advertising and marketing$4,563,919 (2.45%↑ Y/Y)General andadministrative expenses$4,372,333 (12.70%↑ Y/Y)Research and developmentcosts$2,704,071 (7.14%↑ Y/Y)Depreciation$1,327,190 (7.92%↑ Y/Y)Operating lease, cost$923,839 Professional fees$853,065 (35.91%↑ Y/Y)Commissions and consultingexpenses$764,602 (42.76%↑ Y/Y)Impairment charge$234,224 Net income (loss)$3,263,922 (248.05%↑ Y/Y)Foreign currencytranslation$468,695 (966.72%↑ Y/Y)Provision for (benefitfrom) income taxes$1,142,072 (328.96%↑ Y/Y)Total comprehensiveincome (loss)$3,732,617 (265.25%↑ Y/Y)
Income Statement
source: myfinsight.com

Leatt Corp (LEAT)

Leatt Corp (LEAT)