Leatt-Brace

LEATT LAUNCHES NEW LINE OF ADVENTURE GEAR FOR MOTORCYCLE RIDERS

Retrieved on: 
Tuesday, November 7, 2023

CAPE TOWN, South Africa, Nov. 7, 2023 /PRNewswire/ -- Leatt Corporation, (OTCQB: LEATT), the leading developer and marketer of head-to-toe protective equipment for Moto, MTB, and a wide range of extreme and high-velocity sports, today launched its new line of Adventure (ADV) gear designed for motorcycle enthusiasts seeking comfort and safety while riding in all weather conditions and terrains.

Key Points: 
  • The launch is taking place at EICMA, the International Motorcycle and Accessories Exhibition, hosted in Milan, Italy, which began today.
  • A first look at the ADV range can be found here: www.leatt.com and https://www.youtube.com/watch?v=zyB9MqMwqI4&t=2s
    Chief Executive Officer Sean Macdonald commented: "Our new ADV range of products represents a new milestone for Leatt, adding a full line of new products for adventure riders.
  • The ADV line is made up of three product ranges, to suit all of a rider's needs.
  • The products also incorporate adaptable elements, including either thermal, waterproof, or combined removable layers, depending on the rider's needs.

Leatt Corp Announces Results for the Third Quarter 2023

Retrieved on: 
Monday, November 6, 2023

Cash and cash equivalents at September 30, 2023 was $10.8 million, up 123%, compared to $4.8 million as of September 30, 2022.

Key Points: 
  • Cash and cash equivalents at September 30, 2023 was $10.8 million, up 123%, compared to $4.8 million as of September 30, 2022.
  • Total revenues for the third quarter of 2023 were $12.0 million, down 48%, compared to $23.3 million for the third quarter of 2022.
  • Income from operations for the third quarter of 2023 was $620,395, down 89%, compared to $5.5 million for the third quarter of 2022.
  • The Company will host a conference call at 10:00 am ET on Monday, November 6, 2023, to discuss the third quarter 2023 results.

Leatt Announces Date of Third Quarter 2023 Results Conference Call and Webcast

Retrieved on: 
Tuesday, October 31, 2023

The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.

Key Points: 
  • The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.
  • There will also be a simultaneous live webcast through the Company's website at www.leatt-corp.com .
  • Participants should register on the website approximately ten minutes prior to the start of the webcast.
  • An audio replay of the conference call will be available for seven days and can be accessed by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (international).

LEATT ADDS NEW KEY POSITIONS IN EXPANDING GLOBAL MOUNTAIN BIKE MARKET

Retrieved on: 
Thursday, September 28, 2023

CAPE TOWN, South Africa, Sept. 28, 2023 /PRNewswire/ -- Leatt Corporation, (OTCQB: LEAT), a leading developer and marketer of head-to-toe protective gear for a variety of sports with an emphasis on extreme and high-velocity sports, today announced that it has re-enforced its sales and marketing team with two key industry professionals, Bastian Dietz and Dain Zaffke.

Key Points: 
  • Dietz and Zaffke will focus on the Mountain Biking (MTB) market.
  • Leatt CEO, Sean Macdonald, remarked, "With these two strategic positions, Leatt is investing in the continued success of its MTB business, which has become a promising growth area for the brand and company.
  • While many of our competitors appear to be pulling back, we see this moment as a great opportunity to strive for a surge in market share in key areas.
  • These values align perfectly with my own, and I see a great opportunity to continue growing the Leatt brand."

Leatt Corp Announces Results for the Second Quarter 2023

Retrieved on: 
Thursday, August 10, 2023

"Total global sales for the second quarter were $12.35 million, a decrease of 31%, compard to the second quarter of 2022.

Key Points: 
  • "Total global sales for the second quarter were $12.35 million, a decrease of 31%, compard to the second quarter of 2022.
  • Total revenues for the second quarter of 2023 were $12.35 million, down 31%, compared to $ 17.94 million for the second quarter of 2022.
  • Income from operations for the second quarter of 2023 was $1.31 million, down 65%, compared to $3.73 million for the second quarter of 2022.
  • The Company will host a conference call at 10:00 am ET on Thursday, August 10, 2023, to discuss the second quarter 2023 results.

Leatt Announces Date of Second Quarter 2023 Results Conference Call and Webcast

Retrieved on: 
Monday, August 7, 2023

CAPE TOWN, South Africa, Aug. 7, 2023 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a developer and marketer of protective equipment and ancillary products for sports, especially extreme high-velocity sports, announced today that it plans to release its financial results for the second quarter 2023 before the market opens on August 10, 2023.

Key Points: 
  • CAPE TOWN, South Africa, Aug. 7, 2023 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a developer and marketer of protective equipment and ancillary products for sports, especially extreme high-velocity sports, announced today that it plans to release its financial results for the second quarter 2023 before the market opens on August 10, 2023.
  • The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.
  • There will also be a simultaneous live webcast through the Company's website at www.leatt-corp.com .
  • Participants should register on the website approximately ten minutes prior to the start of the webcast.

Leatt Corp Announces Results for the First Quarter 2023

Retrieved on: 
Thursday, May 11, 2023

Although we continue to see consumer demand for Leatt products, the first quarter of 2023 was particularly challenging in terms of growth in comparison with the 2022 period.

Key Points: 
  • Although we continue to see consumer demand for Leatt products, the first quarter of 2023 was particularly challenging in terms of growth in comparison with the 2022 period.
  • Total revenues for the first quarter of 2023 were $13.1 million, down 46%, compared to $24.2 million for the first quarter of 2022 which was an exceptional quarter for the Company.
  • Income from operations for the first quarter of 2023 was $1.4 million, down 75%, compared to $5.6 million for the first quarter of 2022.
  • The Company will host a conference call at 10:00 am ET on Thursday, May 11, 2023, to discuss the first quarter 2023 results.

Leatt Announces Date of First Quarter 2023 Results Conference Call and Webcast

Retrieved on: 
Monday, May 8, 2023

The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.

Key Points: 
  • The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.
  • There will also be a simultaneous live webcast through the Company's website at www.leatt-corp.com .
  • Participants should register on the website approximately ten minutes prior to the start of the webcast.
  • An audio replay of the conference call will be available for seven days and can be accessed by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (international).

Leatt Corp Announces Record Breaking Revenue; Reports Results for Fourth Quarter and Full Year 2022

Retrieved on: 
Tuesday, March 28, 2023

CAPE TOWN, South Africa, March 28, 2023 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a leading developer and marketer of protective equipment and ancillary products for many forms of sports, especially extreme high-velocity sports, today announced record financial results for the fourth quarter and full year ending December 31, 2022. All financial numbers are in U.S. dollars.

Key Points: 
  • Leatt Chief Executive Officer Sean Macdonald commented: "By many important measures, 2022 was the best year in our Company's history.
  • Changes in our customer buying patterns have begun to filter through in the fourth quarter of 2022.
  • "Fourth quarter 2022 revenues were $10.9 million, a decrease of 53 percent compared to a very strong fourth quarter of 2021.
  • Total revenues for the fourth quarter of 2022 were $10.9 million, down 53%, compared to $23.2 million for the fourth quarter of 2021.

Leatt Announces Date of Fourth Quarter and Full Year 2022 Results Conference Call and Webcast

Retrieved on: 
Friday, March 24, 2023

The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.

Key Points: 
  • The Leatt management team will host a conference call to discuss the Company's financial results on the same day at 10:00 am ET.
  • There will also be a simultaneous live webcast through the Company's website at www.leatt-corp.com .
  • Participants should register on the website approximately ten minutes prior to the start of the webcast.
  • An audio replay of the conference call will be available for seven days and can be accessed by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (international).