Added to YB: 2026-08-27
Pitch date: 2026-08-25
LEAT [neutral]
Leatt Corporation
-3.49%
current return
Author Info
No bio for this author
Company Info
Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities in South Africa and internationally.
Market Cap
$80.3M
Pitch Price
$12.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.33
P/E
22.63
EV/Sales
0.93
Sector
Leisure Products
Category
growth
Weekly #18: Most Interesting D-Sheets from the Past Week (Aug 18 – Aug 24, 2026) - LEAT — Leatt Corporation - Moderate Signal
LEAT (earnings): Q2'26 rev +1% to $16.39M, EPS $0.14 (vs $0.18); miss framed as pure timing — ~$653K delayed distributor shipments already moved in early Q3, described hot start. 6mo stronger: rev +14% to $35.90M, NI +19% to $2.68M; consumer-direct +68%, GP +8%. Levers: Cardo helmet partnership, Bike Care pre-orders well above expectations. Balance sheet: $19.53M cash, 7.4x current, ongoing $750K buyback. ~$82M mkt cap. Risks: legacy categories declining, Q2 profitability weakened, opex rising, no forward guidance.
Read full article (1 min)