Added to YB: 2026-07-21
Pitch date: 2026-07-18
LEAT [bullish]
Leatt Corporation
+0.4%
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
$76.9M
Pitch Price
$12.60
Price Target
22.00 (+74%)
Dividend
N/A
EV/EBITDA
7.94
P/E
20.22
EV/Sales
0.92
Sector
Leisure Products
Category
value
Leatt Corporation (OTCQB: LEAT)
LEAT (new position): Debt-free protective moto/MTB gear maker at $12.10, ~$22 weighted FV (+84%). $16.7M net cash (23% of cap), rev +35% LTM while peers shrink, 44% GM, 8% op margin vs 22.9% at 2021 peak = leverage runway. Mgmt guides $70-80M rev on flat cost base. 7.5x EV/EBITDA, no coverage. Risk: illiquid (~$18k/day).
Read full article (9 min)