LEATT CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $61.9M | $44.0M | $47.2M | $76.3M | $72.5M | $38.6M | $28.3M |
| Cost of Revenue | — | $34.7M | $26.3M | $27.4M | $45.2M | $41.0M | $21.2M | $15.3M |
| Gross Profit | — | $27.2M | $17.7M | $19.8M | $31.1M | $31.4M | $17.4M | $13.0M |
| Gross Margin | — | 44.0% | 40.2% | 41.9% | 40.8% | 43.4% | 45.0% | 45.9% |
| Operating Expenses | ||||||||
| Research & Development | — | $2.7M | $2.5M | $2.5M | $2.2M | $1.8M | $1.5M | $1.5M |
| SG&A Expense | — | $4.4M | $3.9M | $3.4M | $3.3M | $2.5M | $1.9M | $2.0M |
| Operating Income | — | $4.0M | $-3.0M | $1.4M | $13.0M | $16.6M | $5.8M | $2.0M |
| Operating Margin | — | 6.5% | -6.8% | 3.0% | 17.1% | 22.9% | 15.1% | 7.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $4.4M | $-2.7M | $1.4M | $13.0M | $16.6M | $6.0M | $1.9M |
| Income Tax Expense | — | $1.1M | $-498.8K | $576.2K | $3.0M | $4.0M | $1.6M | $566.7K |
| Net Income | — | $3.3M | $-2.2M | $803.2K | $10.0M | $12.6M | $4.4M | $1.4M |
| Net Margin | — | 5.3% | -5.0% | 1.7% | 13.0% | 17.3% | 11.5% | 4.9% |
| EPS (Basic) | — | $0.53 | $-0.35 | $0.13 | $1.71 | $2.29 | $0.82 | $0.26 |
| EPS (Diluted) | — | $0.51 | $-0.34 | $0.13 | $1.62 | $2.07 | $0.74 | $0.25 |
| Shares Outstanding (Basic) | 6.2M | 6.2M | 6.2M | 6.0M | 5.8M | 5.5M | 5.4M | 5.4M |
| Shares Outstanding (Diluted) | 6.2M | 6.4M | 6.5M | 6.3M | 6.1M | 6.1M | 6.0M | 5.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |
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