Added to YB: 2026-03-25
Pitch date: 2026-03-23
KITS.TO [neutral]
Kits Eyecare Ltd.
+5.99%
current return
Author Info
Company Info
Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It offers progressive, polarized, and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands.
Market Cap
CAD 478.5M
Pitch Price
CAD 14.85
Price Target
N/A
Dividend
N/A
EV/EBITDA
43.28
P/E
156.45
EV/Sales
2.28
Sector
Specialty Retail
Category
growth
Part 1: Q4 Earnings Updates and Capturing Cheap Growth? [KITS]
KITS.TO (earnings): Q4 rev +20% YoY, FY25 +27% to CAD$200M+; Q1'26 guide +27% at midpoint w/ 4-6% EBITDA margins. Glasses +42% unit growth (higher margin), contact LTV $495 vs $422 COVID cohorts. Net cash $23M (~4% mkt cap), eliminated LT debt. Trading ~30x NTM EV/EBITDA vs 45x pre-selloff. Risk: mgmt bought $5M Bitcoin (-22% already).
Read full article (3 min)