Added to YB: 2025-11-17
Pitch date: 2025-11-13
KITS.TO [neutral]
Kits Eyecare Ltd.
+29.99%
current return
Author Info
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 13.54
Price Target
32.40 (+84%)
Dividend
N/A
EV/EBITDA
39.50
P/E
84.92
EV/Sales
2.19
Sector
Specialty Retail
Category
growth
Bunch of Quick Earnings Updates - Part II: Kits Eyecare Ltd.
KITS.TO (earnings): Online eyecare co hit 12 straight qtrs of +20% growth, Q3 rev $52.4M (+25% YOY), 5.5% adj EBITDA margin (+170bps). 100k new customers/qtr, 62% repeat customer rev. Conservative US spend due election uncertainty, now resuming. KITS-branded contacts +380% YOY at 50%+ margins vs 35-40% industry. Net cash $17.7M.
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