Added to YB: 2025-03-07
Pitch date: 2025-03-05
KITS.TO [neutral]
Kits Eyecare Ltd.
+94.26%
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 9.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.50
P/E
84.92
EV/Sales
2.19
Sector
Specialty Retail
Category
growth
KITS Eyecare ($KITS.TO) FINS Review
KITS.TO (u/g to 3.5 stars): Revenue +32% YoY to $159.3M, Q4 net income $2.7M. GP margin flat at 36.7%. Cash flow from ops +5x to $13M. $50M USD base shelf prospectus raises dilution concerns. P/E 90, with 84% of earnings from FX gains. Upgraded to 3.5 stars on Q4 momentum and Q1 guidance ($46-48M).
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