Leatt Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.28	12.37	11.35	7.1	5.02	2.97
Short-Term Investments	-	-	-	-	0.06	0.06
Cash & Short-Term Investments	12.28	12.37	11.35	7.1	5.08	3.03
Cash Growth	-1.54%	9.00%	59.76%	39.80%	67.94%	41.96%
Accounts Receivable	10.79	6.41	6.97	12.84	12.66	7.17
Other Receivables	0.5	0.53	0.62	-	-	0
Receivables	11.29	6.94	7.59	12.84	12.66	7.18
Inventory	17.28	17.99	20.39	22.81	21.08	9.67
Prepaid Expenses	3.95	3	2.3	2.88	4.18	2.11
Other Current Assets	1	0.87	0.66	1.05	1.61	0.81
Total Current Assets	45.91	41.17	42.3	47.69	44.61	22.79
Property, Plant & Equipment	4.28	4.55	4.87	4.2	4.52	3.34
Long-Term Accounts Receivable	-	0.06	0.31	-	-	-
Long-Term Deferred Tax Assets	0.68	0.68	0.08	-	-	0.08
Other Long-Term Assets	0.04	0.04	0.04	0.04	0.03	0.03
Total Assets	50.91	46.49	47.61	51.93	49.17	26.24
Accounts Payable	7.92	6.91	5.2	6.01	14.62	8.01
Accrued Expenses	-	-	-	0.4	-	-
Short-Term Debt	0.01	0.73	1.14	1.03	0.98	0.68
Current Portion of Long-Term Debt	0.01	0.03	0.11	0.11	0.08	-
Current Portion of Leases	0.31	0.25	0.3	0.28	0.32	0.21
Current Income Taxes Payable	0.96	-	-	3.38	2.74	1.65
Total Current Liabilities	9.2	7.92	6.75	11.21	18.73	10.55
Long-Term Debt	-	0	0.03	0.14	0.19	-
Long-Term Leases	0.11	0.3	0.55	0.81	1.07	0.08
Long-Term Deferred Tax Liabilities	-	-	-	0.07	0.23	-
Other Long-Term Liabilities	-	-	-	-	0.32	0.24
Total Liabilities	9.31	8.22	7.33	12.23	20.55	10.87
Common Stock	0.13	0.13	0.13	0.13	0.13	0.13
Additional Paid-In Capital	11.35	10.99	10.75	10.65	9.23	8.34
Retained Earnings	31.39	28.6	30.8	30	20.04	7.46
Comprehensive Income & Other	-1.14	-1.45	-1.4	-1.08	-0.78	-0.56
Total Common Equity	41.6	38.26	40.28	39.69	28.62	15.37
Shareholders' Equity	41.61	38.26	40.28	39.69	28.62	15.37
Total Liabilities & Equity	50.91	46.49	47.61	51.93	49.17	26.24
Total Debt	0.43	1.32	2.12	2.37	2.64	0.96
Net Cash (Debt)	11.85	11.05	9.22	4.73	2.44	2.06
Net Cash Growth	0.59%	19.82%	94.98%	93.87%	18.34%	144.67%
Net Cash Per Share	1.85	1.78	1.47	0.77	0.40	0.34
Filing Date Shares Outstanding	6.2	6.22	6.22	5.97	5.75	5.43
Total Common Shares Outstanding	6.21	6.22	6.22	5.97	5.67	5.43
Working Capital	36.71	33.25	35.55	36.48	25.88	12.24
Book Value Per Share	6.70	6.15	6.48	6.65	5.04	2.83
Tangible Book Value	41.6	38.26	40.28	39.69	28.62	15.37
Tangible Book Value Per Share	6.70	6.15	6.48	6.65	5.04	2.83
Land	-	0.39	0.4	0.29	0.31	0.33
Buildings	-	0.26	0.27	-	-	-
Machinery	-	12.78	11.61	9.95	8.96	8.05
Leasehold Improvements	-	0.14	0.12	0.13	0.16	0.16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.