Added to YB: 2025-01-31
Pitch date: 2025-01-29
KITS.TO [bullish]
Kits Eyecare Ltd.
+95.34%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
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 9.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.50
P/E
84.92
EV/Sales
2.19
Sector
Specialty Retail
Category
growth
Some Interesting Ideas for 2025 - Kits Eyecare Ltd.
KITS.TO: Fastest-growing optical co to hit $150M revenue. Q4 +44% YoY, glasses +60%. CEO's 2nd success after Coastal Contacts ($430M sale). 73% insider owned. 26% avg growth, positive adj EBITDA. 1M+ customers, 65% repeat. Kit+ subscription launched. Targeting $250M rev in 2-3yrs, $500M in 5yrs after. Sub-$300M valuation cheap vs potential.
Read full article (2 min)