This page follows insider dealings at Leatt Corp as filed with SEC (Form 4), a company from the Industry sector. The past year has been quiet: not a single insider filing for Leatt Corp. The previous disclosure was published on 5 April 2024.
Looking back to 2017, when coverage begins, insiders filed no purchases and 101 sales. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 61.9 m USD and net income of 3.3 m USD.
For comparison within the same sector, see the insider buying recorded at Tennant Co and Accelevation Holdings Corp. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
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Leatt Corp. (ticker LEAT) is a U.S.-listed small-cap specialty protective gear company that trades on the OTCQB market in the United States, and it is often followed by international investors as a focused player in motorcycle and action-sports safety equipment. While the issuer is U.S.-listed, its corporate headquarters are in Durbanville, Western Cape, South Africa, and the company also maintains a Nevada subsidiary to manage U.S. distribution. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1456189/000106299325006432/form10k.htm?utm_source=openai))
The company’s identity is built around the Leatt-Brace®, a patented cervical protection system developed by Dr. Christopher Leatt after a personal tragedy. Leatt holds the exclusive global manufacturing, distribution, sale, and use rights for the Leatt-Brace® under a license agreement with Xceed Holdings, which remains central to the company’s brand equity and product differentiation. This innovation-led origin continues to underpin Leatt’s positioning as a safety-first, performance-oriented brand for riders and athletes. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1456189/000106299325006432/form10k.htm?utm_source=openai))
Leatt has evolved into a head-to-toe protection platform across several product lines: body armor, helmets, footwear, gloves, goggles, hydration packs, technical apparel, and parts/accessories. According to the latest annual report, body armor is the largest revenue category, followed by helmets and then other products, parts and accessories. That mix matters for investors because it shows a broader product platform rather than reliance on a single hero product, while still preserving a clearly defined niche in premium protective equipment. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1456189/000106299325006432/form10k.htm?utm_source=openai))
From a competitive standpoint, Leatt is not a mass-market sporting goods company; it is a specialized premium brand with a defensible innovation story, a strong reputation in motocross and mountain biking circles, and a global dealer/distributor network. The company sells internationally, with direct-to-consumer and dealer channels in South Africa and the United States, plus a broader worldwide distribution footprint. That international reach is important, but so is its U.S. market presence, given that it is listed in the United States and serves U.S. customers through Two Eleven. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1456189/000106299324006304/form10k.htm?utm_source=openai))
Recent developments have been constructive. In the first quarter of 2026, Leatt reported revenue of $19.51 million, up 27% year over year, net income up 58%, growth across all major product categories, stronger direct-to-consumer sales, and increased cash balances. On May 12, 2026, the board also authorized a share repurchase program, which can be interpreted as a confidence signal from management regarding capital allocation and valuation discipline. For French-speaking investors looking at the U.S. market, Leatt offers a combination of niche brand strength, product innovation, and exposure to cyclical discretionary spending in action sports. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1456189/000106299326002511/exhibit99-1.htm?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 61.9 m USD | 3.3 m USD | 0.51 USD | 10-K |
| Dec 2024 | 44.0 m USD | -2.2 m USD | -0.34 USD | 10-K |
| Dec 2023 | 47.2 m USD | 803,159 USD | 0.13 USD | 10-K |
| Dec 2022 | 76.3 m USD | 10.0 m USD | 1.62 USD | 10-K |
| Dec 2021 | 72.5 m USD | 12.6 m USD | 2.07 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.