Leatt Corp Reports Strong 2025 Financial Turnaround with 41% Revenue Growth and Profitability
LEAT sits 74% above its 52-week low of $5.01.
Summary
Leatt Corp reported a strong financial performance for 2025, achieving profitability with a 41% revenue increase, alongside a share repurchase program and an extended credit facility.
Key Events · Earnings and Guidance · LEAT
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Strong Financial Performance
Revenues increased by 41% to $61.91 million in 2025 from $44.03 million in 2024. Gross profit rose by 54% to $27.22 million.
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Return to Profitability
The company achieved a net income of $3.26 million in 2025, a significant turnaround from a net loss of $2.20 million in 2024.
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Share Repurchase Program
Leatt Corp repurchased 21,300 shares for $255,058 as of December 31, 2025, under a $750,000 plan, with 25,019 shares subsequently cancelled in February 2026.
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Extended Credit Facility
The company's $1.5 million revolving line of credit was extended to March 1, 2027, enhancing liquidity, with no outstanding advances as of December 31, 2025.
Analysis · LEAT · Manufacturing
Leatt Corp's 2025 annual report confirms a significant financial turnaround, moving from a net loss in 2024 to substantial profitability in 2025, driven by a 41% increase in revenues. While the top-line financial results were previously announced in an 8-K on the same day, this 10-K provides the full audited financial statements and detailed disclosures, offering a comprehensive view of the company's improved health. The company also initiated a share repurchase plan and extended its revolving credit facility, bolstering its financial position and demonstrating confidence in future performance. The change in auditor from Fitzgerald & Co. to M&K CPAS, PLLC for 2025 is noted, but the unqualified opinion and absence of disagreements with accountants mitigate potential concerns.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1059 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, LEAT was trading at $8.70 on OTC in the Manufacturing sector, with a market capitalization of approximately $53.9M. The 52-week trading range was $5.01 to $14.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.