Leatt Corporation (LEAT)

Leatt Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	47.24	76.34	72.48	38.6	28.32
Revenue Growth (YoY)	-38.11%	5.33%	87.74%	36.33%	16.09%
Cost of Revenue	34.05	45.2	41.03	21.22	15.31
Gross Profit	13.19	31.13	31.45	17.39	13.01
Selling, General & Admin	9.34	14.6	11.94	9.21	8.58
Research & Development	2.53	2.18	1.83	1.52	1.49
Other Operating Expenses	7.64	0.86	0.84	0.74	0.71
Operating Expenses	11.86	17.64	14.61	11.48	10.78
Operating Income	1.32	13.02	16.62	5.84	1.98
Interest Income	0	0.01	0	0	0.04
Interest Expense	0	0.96	0	0	0.04
Other Expense / Income	-0.05	-0.93	0	-0.21	0.04
Pretax Income	1.38	13	16.62	6.04	1.94
Income Tax	0.58	3.04	4.04	1.62	0.57
Net Income	0.8	9.96	12.57	4.42	1.38
Net Income Growth	-91.94%	-20.79%	184.24%	221.57%	14.95%
Shares Outstanding (Basic)	6	6	6	6	5
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change	4.96%	-1.28%	1.29%	8.02%	0.25%
EPS (Basic)	0.13	1.85	2.29	0.82	0.26
EPS (Diluted)	0.13	1.66	2.07	0.74	0.25
EPS Growth	-92.17%	-19.81%	179.73%	196.00%	13.64%
Free Cash Flow	4.66	1.94	1.64	0.87	-0.03
Free Cash Flow Per Share	0.74	0.32	0.27	0.15	-0.01
Gross Margin	27.92%	40.78%	43.39%	45.04%	45.93%
Operating Margin	2.80%	17.05%	22.93%	15.12%	6.99%
Profit Margin	1.70%	13.05%	17.35%	11.46%	4.86%
Free Cash Flow Margin	9.86%	2.55%	2.27%	2.25%	-0.10%
Effective Tax Rate	41.77%	23.40%	24.32%	26.79%	29.18%
EBITDA	2.5	15.06	18.09	6.74	3.23
EBITDA Margin	5.29%	19.73%	24.95%	17.46%	11.41%
Depreciation & Amortization	1.17	1.1	1.03	0.83	0.76
EBIT	1.32	13.96	17.06	5.91	2.47
EBIT Margin	2.80%	18.29%	23.54%	15.30%	8.72%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.