Leatt's shares jumped 23.9% following a first quarter marked by broad-based revenue and income growth, driven by accelerating global demand, strong consumer direct sales, and stable gross margins.
- Q1 2026 revenues reached $19.5 million, up 27% year-over-year, led by a 59% increase in helmet sales and 25% growth in body armor.
- Consumer Direct sales surged 49%, highlighting robust brand momentum and direct engagement with riders.
- Net income grew 58% to $1.77 million, supported by a stable gross profit margin at 44%.
- Operating cash flow generated $4.55 million, increasing cash on hand by 30% to $17.2 million and maintaining liquidity for growth investments.
- Management reaffirmed confidence in the business with continuation of a $750 thousand share repurchase program amid ongoing investments in emerging markets and product development.
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