LEATT CORPORATION
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $13.0M | $12.4M | $11.3M | $7.1M | $5.0M | $3.0M | $2.1M | $1.7M |
| Accounts Receivable | $7.9M | $6.4M | $7.0M | $12.8M | $12.7M | $7.2M | $3.0M | $2.0M |
| Inventory | $20.9M | $18.0M | $20.4M | $22.8M | $21.1M | $9.7M | $8.7M | $4.8M |
| Total Current Assets | $47.6M | $41.2M | $42.3M | $47.7M | $44.6M | $22.8M | $15.3M | $10.4M |
| Property, Plant & Equipment | $3.7M | $4.0M | $4.0M | $3.1M | $3.1M | $3.1M | $2.4M | $2.3M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | $40.5K |
| Total Assets | $52.0M | $46.5M | $47.6M | $51.9M | $49.2M | $26.2M | $18.2M | $12.7M |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | $9.8M | $7.9M | $6.8M | $11.2M | $18.7M | $10.5M | $7.1M | $3.4M |
| Long-Term Debt | $1.8K | $30.5K | $143.5K | $250.4K | $272.5K | — | — | — |
| Total Liabilities | $9.8M | $8.2M | $7.3M | $12.2M | $20.5M | $10.9M | $7.5M | $3.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $31.9M | $28.6M | $30.8M | $30.0M | $20.0M | $7.5M | $3.0M | $1.7M |
| Total Stockholders' Equity | $42.2M | $38.3M | $40.3M | $39.7M | $28.6M | $15.4M | $10.7M | $9.1M |