Leatt
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Leatt's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 38% to $47,241,187. Profit margin reached 2%. Total operating expenses were $18,481,282.

Profit Margin

Leatt Corporation (OTC:LEAT): Profit margin
2014 18.45M 418.35K 2.27%
2015 18.52M 574.93K 3.1%
2016 16.51M -455.23K -2.76%
2017 20.13M 237.29K 1.18%
2018 24.39M 1.19M 4.91%
2019 28.31M 1.37M 4.86%
2020 38.60M 4.42M 11.46%
2021 72.47M 12.57M 17.35%
2022 76.33M 9.96M 13.05%
2023 47.24M 803.15K 1.7%

LEAT Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
47.24M76.33M72.47M38.60M28.31M24.39M20.13M16.51M18.52M18.45M
Cost of revenue
27.43M45.20M41.02M21.21M15.31M12.82M10.67M8.17M8.74M8.63M
Gross profit
19.80M31.13M31.44M17.38M13.00M11.57M9.46M8.34M9.78M9.82M
Operating exp.
Research and development
2.52M2.17M1.82M1.52M1.49M1.41M1.35M1.44M1.18M1.22M
Selling and marketing
4.12M3.90M2.98M2.75M2.34M2.32M2.21M2.15M2.06M2.02M
Total operating expenses
18.48M17.64M14.60M11.48M10.78M9.96M9.17M9.07M8.85M9.10M
Operating income
1.41M13.01M16.61M5.83M1.98M1.48M225.51K-731.71K928.21K641.25K
Other income (expenses), net
-39.13K-13.55K-163206.00K-38.3K39.12K-9.45K-62.66K32.30K10.85K
Income before tax
1.37M13.00M16.61M6.04M1.94M1.52M216.05K-634.19K960.52K652.11K
Income tax expense
576.18K3.04M4.04M1.61M566.72K329.24K-21.23K-178.95K385.59K233.76K
Net income
803.15K9.96M12.57M4.42M1.37M1.19M237.29K-455.23K574.93K418.35K
Earnings per share
Basic EPS
0.131.852.290.820.260.220.04-0.080.110.08
Diluted EPS
0.131.662.070.740.250.220.04-0.080.110.08
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