Leatt Corp
OTC:LEAT
Income Statement
Earnings Waterfall
Leatt Corp
Income Statement
Leatt Corp
| Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
18
N/A
|
18
+2%
|
18
-3%
|
17
-5%
|
17
-2%
|
17
0%
|
16
-5%
|
15
-3%
|
15
-2%
|
15
+2%
|
16
+4%
|
17
+8%
|
18
+9%
|
19
+3%
|
20
+5%
|
21
+6%
|
18
-13%
|
19
+4%
|
18
-8%
|
18
0%
|
16
-7%
|
17
+6%
|
17
-1%
|
18
+5%
|
20
+12%
|
20
-2%
|
21
+7%
|
24
+15%
|
24
+1%
|
25
+2%
|
25
+2%
|
27
+4%
|
28
+7%
|
30
+5%
|
31
+6%
|
33
+5%
|
39
+16%
|
44
+14%
|
51
+17%
|
62
+21%
|
72
+17%
|
84
+16%
|
87
+4%
|
89
+1%
|
76
-14%
|
65
-15%
|
60
-9%
|
48
-19%
|
47
-2%
|
45
-5%
|
43
-5%
|
43
+0%
|
44
+3%
|
49
+11%
|
55
+13%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(21)
|
(24)
|
(28)
|
(35)
|
(41)
|
(49)
|
(51)
|
(52)
|
(45)
|
(38)
|
(35)
|
(28)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(28)
|
(31)
|
|
| Gross Profit |
10
N/A
|
10
0%
|
10
-5%
|
9
-7%
|
9
-3%
|
9
-3%
|
8
-9%
|
8
-3%
|
8
+0%
|
8
+4%
|
9
+6%
|
9
+8%
|
10
+6%
|
10
+3%
|
11
+5%
|
11
+5%
|
10
-14%
|
10
+3%
|
9
-9%
|
9
N/A
|
8
-9%
|
9
+5%
|
8
-2%
|
9
+1%
|
9
+11%
|
9
-2%
|
10
+6%
|
11
+15%
|
12
+2%
|
12
+1%
|
12
+2%
|
12
+4%
|
13
+5%
|
14
+5%
|
14
+5%
|
15
+3%
|
17
+18%
|
20
+15%
|
23
+15%
|
27
+20%
|
31
+15%
|
35
+11%
|
36
+4%
|
37
+2%
|
31
-16%
|
27
-12%
|
25
-8%
|
20
-20%
|
20
-1%
|
18
-9%
|
17
-8%
|
17
+0%
|
18
+6%
|
20
+15%
|
23
+15%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(15)
|
(16)
|
(16)
|
(17)
|
(18)
|
(18)
|
(19)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(22)
|
|
| Selling, General & Administrative |
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
|
| Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
1
N/A
|
1
+18%
|
1
-19%
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
(1)
-514%
|
(1)
+5%
|
(1)
+54%
|
(0)
+74%
|
0
N/A
|
1
+127%
|
1
-37%
|
1
+68%
|
2
+57%
|
2
+35%
|
1
-60%
|
1
+10%
|
0
-63%
|
0
-74%
|
(1)
N/A
|
(0)
+33%
|
(1)
-59%
|
(0)
+46%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
+392%
|
2
+14%
|
1
-14%
|
1
+12%
|
2
+19%
|
2
+15%
|
2
+22%
|
3
+33%
|
4
+11%
|
6
+61%
|
8
+42%
|
11
+27%
|
14
+34%
|
17
+17%
|
19
+17%
|
20
+3%
|
20
-1%
|
13
-34%
|
9
-33%
|
6
-28%
|
2
-76%
|
1
-6%
|
(1)
N/A
|
(3)
-322%
|
(4)
-19%
|
(3)
+22%
|
(1)
+75%
|
2
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
1
N/A
|
1
+6%
|
1
-17%
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
(2)
-249%
|
(2)
+3%
|
(1)
+64%
|
(0)
+76%
|
0
N/A
|
1
+117%
|
1
-37%
|
1
+67%
|
2
+58%
|
2
+36%
|
1
-59%
|
1
+8%
|
0
-56%
|
0
-65%
|
(1)
N/A
|
(0)
+40%
|
(1)
-95%
|
(0)
+49%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
+407%
|
2
+16%
|
1
-12%
|
2
+12%
|
2
+19%
|
2
+8%
|
2
+24%
|
3
+33%
|
4
+12%
|
6
+68%
|
8
+37%
|
11
+27%
|
14
+34%
|
17
+17%
|
19
+17%
|
20
+3%
|
20
-1%
|
13
-34%
|
9
-33%
|
6
-28%
|
1
-77%
|
1
-5%
|
(1)
N/A
|
(3)
-290%
|
(4)
-16%
|
(3)
+25%
|
(0)
+86%
|
2
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(3)
|
(2)
|
(2)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
|
| Income from Continuing Operations |
1
|
1
|
1
|
(0)
|
0
|
(1)
|
(2)
|
(1)
|
(0)
|
0
|
1
|
1
|
0
|
1
|
1
|
2
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
3
|
4
|
6
|
8
|
11
|
13
|
15
|
15
|
15
|
10
|
7
|
5
|
1
|
1
|
(1)
|
(3)
|
(3)
|
(2)
|
(0)
|
2
|
|
| Net Income (Common) |
1
N/A
|
1
+8%
|
1
-1%
|
(0)
N/A
|
0
N/A
|
(1)
N/A
|
(2)
-204%
|
(1)
+13%
|
(0)
+71%
|
0
N/A
|
1
+2 033%
|
1
+48%
|
0
-56%
|
1
+94%
|
1
+56%
|
2
+35%
|
1
-66%
|
1
+10%
|
0
-68%
|
0
-70%
|
(0)
N/A
|
(0)
+34%
|
(1)
-70%
|
(0)
+49%
|
0
N/A
|
0
-58%
|
0
+170%
|
1
+302%
|
1
+10%
|
1
-11%
|
1
+12%
|
1
+18%
|
1
-2%
|
2
+26%
|
2
+35%
|
3
+12%
|
4
+69%
|
6
+38%
|
8
+28%
|
11
+34%
|
13
+19%
|
15
+17%
|
15
+2%
|
15
-1%
|
10
-33%
|
7
-32%
|
5
-29%
|
1
-75%
|
1
-32%
|
(1)
N/A
|
(3)
-177%
|
(3)
-12%
|
(2)
+31%
|
(0)
+88%
|
2
N/A
|
|
| EPS (Diluted) |
0.15
N/A
|
0.16
+7%
|
0.16
N/A
|
-0.02
N/A
|
0.02
N/A
|
-0.11
N/A
|
-0.3
-173%
|
-0.26
+13%
|
-0.07
+73%
|
0
N/A
|
0.11
N/A
|
0.17
+55%
|
0.08
-53%
|
0.15
+87%
|
0.24
+60%
|
0.32
+33%
|
0.1
-69%
|
0.11
+10%
|
0.03
-73%
|
0.01
-67%
|
-0.09
N/A
|
-0.05
+44%
|
-0.09
-80%
|
-0.05
+44%
|
0.04
N/A
|
0.02
-50%
|
0.05
+150%
|
0.2
+300%
|
0.22
+10%
|
0.19
-14%
|
0.22
+16%
|
0.25
+14%
|
0.25
N/A
|
0.31
+24%
|
0.42
+35%
|
0.46
+10%
|
0.74
+61%
|
1.01
+36%
|
1.28
+27%
|
1.7
+33%
|
2.07
+22%
|
2.35
+14%
|
2.4
+2%
|
2.37
-1%
|
1.62
-32%
|
1.07
-34%
|
0.76
-29%
|
0.18
-76%
|
0.13
-28%
|
-0.17
N/A
|
-0.47
-176%
|
-0.49
-4%
|
-0.35
+29%
|
-0.05
+86%
|
0.3
N/A
|
|