Added to YB: 2024-05-10
Pitch date: 2024-05-08
KITS.TO [neutral]
Kits Eyecare Ltd.
+172.22%
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 6.30
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 $KITS.TO (3.75/5)
KITS.TO: Q1 revenue +26% YoY to $34.8M, gross margin 32.1%. Expenses +17.8% (<rev growth) drove near breakeven vs $1M loss PY. $18.4M cash, $3.8M debt. 80%+ insider/tute owned. Fair value but needs better cost control for further upside.
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