Added to YB: 2025-06-10
Pitch date: 2025-06-08
KITS.TO [bullish]
Kits Eyecare Ltd.
+24.47%
current return
Author Info
No bio for this author
Company Info
Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands.
Market Cap
CAD 435.5M
Pitch Price
CAD 14.14
Price Target
18.00 (+2%)
Dividend
N/A
EV/EBITDA
39.50
P/E
84.92
EV/Sales
2.19
Sector
Specialty Retail
Category
growth
Three small-cap ideas could generate significant returns in the future. - Kits Eyecare Ltd.
KITS.TO: Record Q1 2025 rev $46.6M (+34% YoY), glasses rev +46.4% to $6.7M. Gross margin improved to 36.7% from 32.1%. 10 consecutive quarters of positive Adj EBITDA ($3.5M). 2025 rev projected at $200M (+25%). Lab capacity doubling in 2 years. C$18 PT (27% upside). P/S 2.66x vs 4x sector median.
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