Kits Eyecare Ltd

KITS · TO · Consumer Cyclical / Specialty Retail

19.12CAD+0.17 (+0.90%)

Price History

Full chart

Market Stats

Previous Close18.95

Open19.17

Day Range18.78 – 19.45

52-Week Range10.61 – 22.56

Volume71.02K

Market Cap550.90M

P/E (TTM)101.25

Forward P/E46.30

EPS0.16

Dividend Yield0.00%

Beta0.28

50-Day Avg14.93

200-Day Avg15.57

About

Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It offers progressive, polarized, and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. was founded in 2002 and is headquartered in Vancouver, Canada.

Company Details

SectorConsumer Cyclical
IndustrySpecialty Retail
CEOMr. Roger V. Hardy
Employees176
Headquarters510 Seymour Street, Vancouver, BC, Canada, V6B 3J5, Canada
Websitehttps://www.kits.com

Leadership

Mr. Roger V. HardyCo-Founder, CEO & Chairman of the Board · b. 1969
Mr. Tai SilveyPresident
Mr. Joseph ThompsonCo-Founder & COO
Mr. Arshil AbdullaCTO & Director · b. 1972
Mr. Ibrahim KamarChief Financial Officer
Ms. Olivia EvansDirector of Corporate Development & Investor Relations
Ms. Angela MacInnisChief Marketing Officer
Allen ZhuController

Financials

Income Statement

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	42.95M	47.62M	36.90M	75.22M	82.40M	91.64M	120.51M	159.34M	202.46M
Growth (%)	-	+10.87%	-22.52%	+103.86%	+9.55%	+11.21%	+31.51%	+32.22%	+27.06%
Cost of Revenue	31.20M	34.42M	26.09M	53.83M	61.51M	62.39M	79.72M	105.69M	131.18M
Gross Profit	11.75M	13.20M	10.81M	21.39M	20.89M	29.25M	40.79M	53.65M	71.28M
Gross Margin	27.37%	27.71%	29.30%	28.44%	25.35%	31.92%	33.85%	33.67%	35.21%
Operating Expense	4.57M	6.53M	8.79M	21.27M	37.94M	33.60M	43.17M	48.22M	63.02M
Operating Income	7.18M	6.67M	2.02M	122.00K	-17.05M	-4.35M	-2.38M	5.43M	8.27M
Operating Margin	16.72%	14.01%	5.47%	0.16%	-20.68%	-4.75%	-1.98%	3.41%	4.08%
EBITDA	-	-	3.27M	-1.80M	-14.25M	-721.00K	1.86M	8.31M	10.64M
EBITDA Margin	-	-	8.87%	-2.39%	-17.29%	-0.79%	1.54%	5.22%	5.26%
Net Income	5.36M	4.44M	53.00K	-6.58M	-14.62M	-4.55M	-2.21M	3.12M	3.11M
Net Income Margin	12.47%	9.33%	0.14%	-8.75%	-17.74%	-4.97%	-1.84%	1.96%	1.54%
R&D	-	-	-	642.00K	817.00K	681.00K	817.00K	-	-
R&D as % of Total Revenue	-	-	-	0.85%	0.99%	0.74%	0.68%	-	-
Interest Expense	260.00K	376.00K	1.85M	3.27M	2.21M	1.63M	1.56M	1.55M	680.00K
Interest Expense % of Total Revenue	0.61%	0.79%	5.03%	4.35%	2.69%	1.78%	1.29%	0.98%	0.34%

Balance Sheet

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	6.11M	5.99M	53.38M	54.66M	90.94M	93.86M	87.64M	103.02M	112.96M
Total Liabilities	5.13M	4.41M	47.18M	55.23M	36.16M	40.16M	36.20M	45.13M	50.65M
Total Equity	971.00K	1.58M	6.21M	-573.00K	54.78M	53.71M	51.45M	57.89M	62.31M
Cash	3.09M	2.90M	3.40M	2.31M	20.50M	18.79M	16.04M	19.27M	29.82M
Total Debt	-	-	23.87M	22.33M	22.94M	19.44M	15.39M	12.60M	15.82M
Net Debt	-	-	20.48M	20.02M	2.44M	648.00K	-646.00K	-6.67M	-13.99M

Cash Flow

Currency: CAD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	3.34M	3.66M	4.15M	4.18M	-19.46M	4.68M	2.40M	13.04M	11.46M
Investing Cash Flow	-10.00K	-2.00K	-29.27M	-225.00K	-3.63M	-258.00K	-563.00K	-3.15M	-5.13M
Financing Cash Flow	-5.00M	-4.00M	28.62M	-4.84M	41.48M	-5.13M	-5.07M	-5.02M	3.47M
Capital Expenditure	10.00K	2.00K	993.00K	225.00K	3.63M	258.00K	563.00K	3.15M	136.00K
Free Cash Flow	-	-	3.15M	3.96M	-23.09M	4.42M	1.84M	9.88M	11.33M
FCF to OCF	-	-	76.05%	94.62%	118.67%	94.48%	76.59%	75.81%	98.81%

Earnings

Report Date	Mar 15, 2021	May 13, 2021	Aug 12, 2021	Nov 15, 2021	Mar 9, 2022	May 11, 2022	Aug 11, 2022	Nov 9, 2022	Mar 9, 2023	May 10, 2023	Aug 9, 2023	Nov 8, 2023	Mar 6, 2024	May 8, 2024	Aug 7, 2024	Nov 6, 2024	Mar 5, 2025	May 6, 2025	Aug 5, 2025	Nov 6, 2025	Mar 4, 2026	May 5, 2026	Aug 5, 2026	Nov 5, 2026
EPS Estimate	-0.08	-0.14	-0.09	-0.10	-0.08	-0.11	-0.06	-0.04	-0.04	-0.04	-0.03	-0.01	-0.01	-0.01	0.00	0.02	0.04	0.05	0.03	0.05	0.04	0.05	0.05	0.06
EPS Actual	-0.26	-0.13	-0.16	-0.07	-0.13	-0.07	-0.06	-0.07	-0.04	-0.03	-0.02	0.01	-0.02	-0.02	0.01	0.01	0.04	0.05	0.03	0.05	0.02	0.04	0.03	-
Surprise	-225.00%	7.14%	-77.78%	30.00%	-62.50%	36.36%	0.00%	-75.00%	0.00%	25.00%	33.33%	200.00%	-100.00%	-100.00%	-	-50.00%	0.00%	-1.60%	0.00%	0.00%	-50.00%	-11.60%	-40.00%	-
Timing	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap550.90M

Enterprise Value512.68M

Trailing P/E101.25

Forward P/E46.30

Price / Sales2.48

Price / Book7.35

EPS0.16

Book Value2.15

Revenue (TTM)222.18M

Gross Profit (TTM)82.66M

EBITDA9.70M

Profit Margin2.54%

Operating Margin1.63%

Return on Equity8.54%

Return on Assets5.22%

Shares Outstanding34.01M

Shares Float14.49M

Beta0.28

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Stock Splits

May 14, 20073:2
Sep 6, 20053:2
Oct 3, 19953:2
Mar 30, 19923:2