Added to YB: 2026-10-15
Pitch date: 2026-10-12
LEAT [bullish]
Leatt Corporation
-0.7%
current return
Author Info
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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
$71.2M
Pitch Price
$11.38
Price Target
17.00 (+50%)
Dividend
N/A
EV/EBITDA
7.08
P/E
20.04
EV/Sales
0.79
Sector
Leisure Products
Category
growth
Monthly SpreadHunters Monitoring #9 - Leatt Corporation
LEAT (earnings): Q2 revenue rose just 1% to $16.39M and net income fell 20% as operating expenses increased 16%, but management attributed the softness to delayed ocean shipments rather than lost demand; backlog was delivered in early July, while the D2C channel surged 68%. With $19.53M of cash and no debt, H2 product launches and duty refunds support the thesis, with 35-40% estimated upside to $16-17 in 2027E.
Read full article (2 min)