Professional
Added to YB: 2024-09-12
Pitch date: 2024-09-11
KITS.TO [neutral]
Kits Eyecare Ltd.
+74.82%
current return
Author Info
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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 9.81
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.50
P/E
84.92
EV/Sales
2.19
Sector
Specialty Retail
Category
growth
Pernas Research More Research Needed On: Kits Eyecare Ltd.
KITS.TO (more research needed): Vertically integrated online eyewear co. w/ in-house mfg. 30%+ YoY rev growth from custom eyewear & repeat customers. Capacity for $600M rev. Competitors: Zenni, 1-800 Contacts. Challenges in scaling. Mrkt cap $226M, EV/EBITDA 123x. Underpenetrated market, high capex for innovation.
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