Leatt Corporation (LEAT)

Leatt Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	15.73	12.37	11.35	7.1	5.02	2.97
Short-Term Investments	-	-	-	-	0.06	0.06
Cash & Short-Term Investments	15.73	12.37	11.35	7.1	5.08	3.03
Cash Growth	17.98%	9.00%	59.76%	39.80%	67.94%	41.96%
Accounts Receivable	8.26	6.41	6.97	12.84	12.66	7.17
Other Receivables	0.5	0.53	0.62	-	-	0
Receivables	8.76	6.94	7.59	12.84	12.66	7.18
Inventory	12.9	17.99	20.39	22.81	21.08	9.67
Prepaid Expenses	3.42	3	2.3	2.88	4.18	2.11
Other Current Assets	1.08	0.87	0.66	1.05	1.61	0.81
Total Current Assets	41.88	41.17	42.3	47.69	44.61	22.79
Property, Plant & Equipment	4.21	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	46.8	46.49	47.61	51.93	49.17	26.24
Accounts Payable	4.41	6.91	5.2	6.01	14.62	8.01
Accrued Expenses	-	-	-	0.4	-	-
Short-Term Debt	0.19	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	0.3	0.25	0.3	0.28	0.32	0.21
Current Income Taxes Payable	0.77	-	-	3.38	2.74	1.65
Total Current Liabilities	5.68	7.92	6.75	11.21	18.73	10.55
Long-Term Debt	-	0	0.03	0.14	0.19	-
Long-Term Leases	0.15	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	5.83	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	11.23	10.99	10.75	10.65	9.23	8.34
Retained Earnings	30.86	28.6	30.8	30	20.04	7.46
Comprehensive Income & Other	-1.25	-1.45	-1.4	-1.08	-0.78	-0.56
Total Common Equity	40.97	38.26	40.28	39.69	28.62	15.37
Shareholders' Equity	40.97	38.26	40.28	39.69	28.62	15.37
Total Liabilities & Equity	46.8	46.49	47.61	51.93	49.17	26.24
Total Debt	0.65	1.32	2.12	2.37	2.64	0.96
Net Cash (Debt)	15.07	11.05	9.22	4.73	2.44	2.06
Net Cash Growth	24.14%	19.82%	94.98%	93.87%	18.34%	144.67%
Net Cash Per Share	2.38	1.78	1.47	0.77	0.40	0.34
Filing Date Shares Outstanding	6.22	6.22	6.22	5.97	5.75	5.43
Total Common Shares Outstanding	6.22	6.22	6.22	5.97	5.67	5.43
Working Capital	36.2	33.25	35.55	36.48	25.88	12.24
Book Value Per Share	6.59	6.15	6.48	6.65	5.04	2.83
Tangible Book Value	40.97	38.26	40.28	39.69	28.62	15.37
Tangible Book Value Per Share	6.59	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.