Leatt Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 13.08 million compared to USD 24.23 million a year ago. Net income was USD 1.02 million compared to USD 4.22 million a year ago.

Basic earnings per share from continuing operations was USD 0.17 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to USD 0.68 a year ago.