Leatt (LEAT) Q2 Revenue Jumps 61%
Leatt (OTC:LEAT), a leading innovator in protective gear and equipment for motorsports and cycling, released its second quarter 2025 financial results on August 7, 2025. The company reported GAAP revenue of $16.18 million and diluted earnings per share (GAAP) of $0.18, sharply reversing last year’s loss, with net income (GAAP) of $1.14 million compared to a net loss (GAAP) of $1.06 million for Q2 2024, as Leatt marked its fourth straight quarter of growth and continued its return to profitability. There were no analyst estimates to compare with this period, but the results show significant year-over-year acceleration in both sales and profits, with GAAP revenues up 61% and GAAP net income up 208% compared to Q2 2024. Management noted progress in distribution, strong demand for new products, and robust execution in core markets, setting a positive tone for recent performance.
Leatt designs and markets protective equipment for motorcycling, mountain biking, and other action sports. Its primary products include body armor, neck braces, helmets, and a range of apparel and accessories engineered to enhance rider safety and comfort. The company's heritage lies in its patented neck brace, a device created to help prevent serious cervical injuries in sports.
In recent years, Leatt has broadened its product lineup, investing in research and innovation to develop new protective technologies. Marketing and distribution have become more global, with a focus on multi-channel sales spanning direct-to-consumer, online, and dealer networks. Success for the company hinges on protecting its intellectual property, expanding its market reach, and continuously launching award-winning gear that meets rigorous industry safety standards.
Source Fool.com
