Hi Dani, interesting company for sure but think that we need to think more about whether they are really building a brand and I believe that's quite difficult for me to determine since I am not a motorcycler. I don't know whether you have any method to get a good idea about its brand development?
Second, can't find something that indicates that Leatt's products are really better than that of competitors. Whereas I do like the fact that the company tries to be innovative, they don't seem to have developed an edge yet in my opinion.
Lastly, do you have any idea how they have been able to see such a huge increase in revenue in 2021? Covid might have helped but nearly a double in revenue seems like there needs to be something else going on. They are still growing strongly until 3Q22 and am curious how this growth will develop but am not able to forecast something with any comfort.
Hi Dani, interesting company for sure but think that we need to think more about whether they are really building a brand and I believe that's quite difficult for me to determine since I am not a motorcycler. I don't know whether you have any method to get a good idea about its brand development?
Second, can't find something that indicates that Leatt's products are really better than that of competitors. Whereas I do like the fact that the company tries to be innovative, they don't seem to have developed an edge yet in my opinion.
Lastly, do you have any idea how they have been able to see such a huge increase in revenue in 2021? Covid might have helped but nearly a double in revenue seems like there needs to be something else going on. They are still growing strongly until 3Q22 and am curious how this growth will develop but am not able to forecast something with any comfort.