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cost of revenues$8,955,702 (-3.57%↓ Y/Y)gross profit$7,435,242 (7.93%↑ Y/Y)Revenues$16,390,944 (1.33%↑ Y/Y)Gross profit$7,435,242 (7.93%↑ Y/Y)Interest income(expense), net$76,268 (-35.22%↓ Y/Y)Represents about productroyalty income$135,115 (179.71%↑ Y/Y)Cost of revenues$8,955,702 (-3.57%↓ Y/Y)Income from operations$1,152,531 (-17.67%↓ Y/Y)Total other expenses$76,268 (-35.22%↓ Y/Y)Total operatingexpenses$6,417,826 (15.90%↑ Y/Y)Bad debt expense(recovery)-$80,543 (-158.52%↓ Y/Y)Income (loss) fromcontinuing operations...$1,228,799 (-19.03%↓ Y/Y)Salaries and wages$2,176,254 (17.88%↑ Y/Y)Advertising and marketing$1,428,833 (24.01%↑ Y/Y)General andadministrative expenses$1,313,482 (19.19%↑ Y/Y)Research and developmentcosts$664,839 (7.79%↑ Y/Y)Depreciation$284,244 (-14.54%↓ Y/Y)Commissions and consultingexpenses$219,661 (17.19%↑ Y/Y)Professional fees$212,003 (36.47%↑ Y/Y)Operating lease, cost$199,053 Net incomeavailable to common...$908,989 (-20.18%↓ Y/Y)Foreign currencytranslation$160,119 (17.65%↑ Y/Y)Income taxes$319,810 (-15.60%↓ Y/Y)Total comprehensiveincome (loss)$1,069,108 (-16.14%↓ Y/Y)
Income Statement

Leatt Corp (LEAT)

Leatt Corp (LEAT)

source: myfinsight.com