Leatt Corp (LEAT) Reports Q4 EPS of $0.00

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Leatt Corp Announces Record Breaking Year; Reports Results for Fourth Quarter and Full Year 2018

March 27, 2019 7:55 AM EDT

CAPE TOWN, South Africa, March 27, 2019 /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, 2018. All financial numbers are in U.S. dollars.

Full-Year 2018 Highlights

Record revenues of $24.4 million, up $4.25 million or 21%, compared to 2017 Net Income increased 404% to $1.2 million, or $0.22 per diluted share, compared to $237,000, or $0.04 per diluted share, in 2017 Total operating expenses increased 8%, while... More