Leatt Corporation’s Board of Directors extended the company’s share‑repurchase program on December 15, 2025, adding $750,000 of authorized shares and moving the program’s expiration from December 31, 2025 to March 31, 2026. The extension allows the company to return capital to shareholders while preserving flexibility to fund future growth initiatives.
The company’s balance sheet remains robust, with $12.39 million in cash and cash equivalents as of the end of 2025, no debt, and an untapped $1.5 million credit line. The strong liquidity position underpins Leatt’s confidence in executing the buyback and supports its ongoing investment in direct‑to‑consumer expansion and international distribution.
Under the extended program, Leatt has already repurchased $249,969.49 of shares. The additional authorized amount provides a modest buyback tool that can be deployed as market conditions and capital needs evolve, giving management discretion to balance shareholder returns with strategic investments.
CEO Sean Macdonald emphasized that the extension reflects the company’s confidence in its business plan as it moves into 2026 and beyond. Leatt’s Q3 2025 results—revenues up 18% year‑over‑year to $14.34 million and net income up 366% to $539,256—demonstrate strong growth across its MOTO, MTB, and ADV product lines. The company’s direct‑to‑consumer sales grew 61% in Q3 2025, and international distributor sales increased 17%, underscoring a diversified revenue base.
The buyback extension signals that Leatt’s management believes the current share price undervalues the company’s fundamentals and that returning capital to shareholders is a prudent use of excess cash. At the same time, the program’s flexibility ensures that the company can still invest in high‑return opportunities, such as expanding its direct‑to‑consumer platform and exploring new product categories, without compromising its strong balance sheet.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.