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Friday, April 09, 2010 2:01:17 AM
Based on what they reported in for Q1-3, they actually made some money in Q4. Not much though. Sign of things to come? Q1 results shouldn't be to far away.
They had revenues of $13 million and sold 80 000 braces, which means each brace is being sold for ~$170, which is a far cry from the $395 price tag the normal GPX has. They are giving their distributors plenty of room to make some money.
I'm still hoping that some company comes along and wants to buy Leatt Corp. Think there's any chance of that happening?
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