Bullboard - Stock Discussion Forum Leatt Corp LEAT

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Leatt Corporation designs, develops, markets and distributes personal protective equipment for participants in various forms of motor sports and leisure activities, including riders of motorcycles, bicycles, snowmobiles and all-terrain vehicles (ATVs), as well as racing car drivers. The Company sells its products to customers across the world, through a network of distributors and retailers. It... see more

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OTCQB:LEAT - Post Discussion

Leatt Corp > Under $20

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Post by DrewJackson on Sep 27, 2022 6:34pm

Under $20

Rarely do I see this under $20 (PE around 8), but with growth stocks getting hammered in the current interest rate environment I suppose it was inevitable. Q2 showed weak revenue growth, which management attributed to supply saturation among distributors. Q3 should be interesting. Is a revenue decline trend forming? Or was Q2 just a one-off? They should report Q3 the week of November 14th. It's a bit optimistic, but I'm hoping for $23M+ in revenue and $0.70+ EPS.

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