Added to YB: 2025-03-11
Pitch date: 2025-03-09
KITS.TO [neutral]
Kits Eyecare Ltd.
+92.14%
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 9.16
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) Q4 F24 EARNINGS REVIEW
KITS.TO (earnings update): Q4 rev +42% YoY, adj EBITDA $2.9M (36.3% margin). US/Canada rev CAGR 5.63%/7.25%. Strong balance sheet, debt reduction. Q1 outlook: $46-48M rev, 4-6% EBITDA margin. Growth drivers: glasses +60% YoY, contact lenses, KITS Dailies, smart glasses, KITS+ membership. Focus on customer retention, innovation.
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