Added to YB: 2024-11-25
Pitch date: 2024-11-22
KITS.TO [bullish]
Kits Eyecare Ltd.
-6.99%
current return
Author Info
No bio for this author
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 277.9M
Pitch Price
CAD 8.87
Price Target
30.00 (+253%)
Dividend
N/A
Sector
Specialty Retail
Category
growth
Kits Eyecare: Disrupting Eyewear with Growth and Innovation
KITS.TO: $150M+ revenue run rate, 890K active customers, 62% recurring rev. 39% US growth, 24% Canada. FCF positive. Lab capacity for $500M rev. CEO ex-Coastal Contacts, 70%+ insider ownership. Targeting $1B valuation in 5yrs (3.5x current). Risks: execution, competition.
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