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Kits Eyecare Ltd

Consumer Cyclical CA KITS

13.31CAD
-0.26(1.92%)

Last update at 2026-06-03T20:00:00Z

Day Range

12.9013.80
LowHigh

52 Week Range

11.0022.56
LowHigh

Fundamentals

  • Previous Close 13.57
  • Market Cap510.14M
  • Volume134115
  • P/E Ratio166.78
  • Dividend Yield-%
  • EBITDA9.66M
  • Revenue TTM202.46M
  • Revenue Per Share TTM6.32
  • Gross Profit TTM 72.11M
  • Diluted EPS TTM0.09

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 5.05M 4.45M -2.89100M -5.87600M -18.84300M
Minority interest - - - - -
Net income 3.11M 3.12M -2.21500M -4.55200M -14.61700M
Selling general administrative 47.05M 10.33M 8.04M 32.89M 35.56M
Selling and marketing expenses - 21.76M 16.86M - -
Gross profit 71.28M 53.65M 40.79M 29.25M 20.89M
Reconciled depreciation 2.38M 2.66M 3.19M 3.52M 2.67M
Ebit 8.27M 5.65M -1.33100M -6.69600M -16.15400M
Ebitda 10.64M 8.31M 1.86M -0.72100M -14.68000M
Depreciation and amortization 2.38M 2.66M 3.19M - -
Non operating income net other - - - - -
Operating income 8.27M 5.43M -2.38200M -4.35200M -17.04500M
Other operating expenses 194.19M 153.91M 122.89M - -
Interest expense 0.68M 1.55M 1.56M 2.34M 1.49M
Tax provision 1.94M 1.33M -0.67600M -1.32400M -4.22600M
Interest income 0.21M 0.62M 0.58M 1.52M 0.07M
Net interest income -0.30000M -0.81700M -0.97500M -1.52400M -1.42300M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 1.94M 1.33M -0.67600M -1.32400M -4.22600M
Total revenue 202.46M 159.34M 120.51M 91.64M 82.40M
Total operating expenses 63.02M 48.22M 43.17M 98.33M 99.45M
Cost of revenue 131.18M 105.69M 79.72M 62.39M 61.51M
Total other income expense net -3.21800M -0.97500M -0.50900M 2.34M -0.37500M
Discontinued operations - - - - -
Net income from continuing ops 3.11M 3.12M -2.21500M -4.55200M -14.61700M
Net income applicable to common shares - 3.12M -2.21500M -4.55200M -14.61700M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 112.96M 103.02M 87.64M 93.86M 90.94M
Intangible assets 1.13M 1.15M 1.47M 2.94M 4.46M
Earning assets - - - - -
Other current assets 0.98M 0.79M 0.73M 0.88M 0.86M
Total liab 50.65M 45.13M 36.20M 40.16M 36.16M
Total stockholder equity 62.31M 57.89M 51.45M 53.71M 54.78M
Deferred long term liab - - - - -
Other current liab 4.71M - 3.48M 3.91M 2.92M
Common stock 81.77M - 77.39M 76.98M 76.59M
Capital stock 81.77M 78.16M 77.39M 76.98M 76.59M
Retained earnings -21.68800M -24.79800M -27.91400M -25.69900M -21.14700M
Other liab - - - - -
Good will 39.23M 41.19M 37.86M 38.77M 36.29M
Other assets - - - 5.12M 3.55M
Cash 29.82M 19.27M 16.04M 18.79M 20.50M
Cash and equivalents - - - 18.79M 20.50M
Total current liabilities 45.37M 38.75M 24.52M 24.44M 16.82M
Current deferred revenue 7.34M - 4.42M - -
Net debt -13.99300M - -0.64600M - -
Short term debt 11.10M - 3.72M 0.00000M 0.00000M
Short long term debt 10.28M 5.38M 3.03M 3.10M 3.05M
Short long term debt total 15.82M - 15.39M - -
Other stockholder equity 2.45M - 3.04M -0.44000M -2.59700M
Property plant equipment - - - 10.04M 10.93M
Total current assets 60.69M 45.08M 33.98M 37.00M 35.71M
Long term investments - - - - -
Net tangible assets - - - 12.00M 14.04M
Short term investments 3.86M - - - -
Net receivables 2.36M 2.20M 1.80M 0.92M 0.86M
Long term debt - 1.78M 6.69M 10.04M 13.04M
Inventory 23.67M 22.49M 15.41M 16.41M 13.48M
Accounts payable 22.22M 21.83M 12.89M 14.46M 8.36M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.21600M - -1.06600M - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.13M - 5.68M - -
Deferred long term asset charges - - - - -
Non current assets total 52.27M 57.95M 53.66M 56.87M 55.23M
Capital lease obligations 5.54M 5.44M 5.67M 6.30M 6.85M
Long term debt total - - - 15.72M 19.34M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -4.99100M -3.15400M -0.56300M -0.25800M -3.63300M
Change to liabilities - - - 7.47M 0.18M
Total cashflows from investing activities -5.12700M -3.15400M -0.56300M -0.25800M -3.63300M
Net borrowings 1.76M -4.87600M -5.13700M -5.12800M -9.88100M
Total cash from financing activities 3.47M -5.01800M -5.07200M -5.12800M 41.48M
Change to operating activities - - - -0.01700M 0.05M
Net income 3.11M 3.12M -2.21500M -4.55200M -14.61700M
Change in cash 10.54M 3.23M -2.75000M -1.71500M 18.20M
Begin period cash flow 19.27M 16.04M 18.79M 20.50M 2.31M
End period cash flow 29.82M 19.27M 16.04M 18.79M 20.50M
Total cash from operating activities 11.46M 13.04M 2.40M 4.68M -19.46100M
Issuance of capital stock - - - 0.00000M 55.00M
Depreciation 2.38M 2.66M 3.19M 3.13M 2.29M
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory -1.18200M -7.07800M 1.00M -2.92900M -7.68000M
Change to account receivables 0.14M -0.70300M -0.89700M -0.45700M 0.67M
Sale purchase of stock 0.00000M -0.21300M 0.07M 0.00000M 55.31M
Other cashflows from financing activities -1.38800M 0.07M 0.07M 0.00000M -3.95300M
Change to netincome - - - 1.64M -0.74300M
Capital expenditures 0.14M 3.15M 0.56M 0.26M 3.63M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.52M 3.84M 0.34M 4.47M -6.77400M
Stock based compensation 1.09M 1.00M 0.51M 1.32M 1.52M
Other non cash items 3.53M 1.08M 1.25M 1.63M 1.95M
Free cash flow 11.33M 9.88M 1.84M 4.42M -23.09400M

Peer Comparison

Sector: Consumer Cyclical Industry: Specialty Retail

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
KITS
Kits Eyecare Ltd
-0.26 1.92% 13.31 166.78 56.82 2.52 8.36 2.48 62.08
ATD
Alimentation Couchen Tard Inc A
0.82 1.04% 80.03 19.96 18.05 1.00 3.39 0.92 10.32
CTC
Canadian Tire Corporation Limited
-0.83 0.40% 206.17 20.83 14.79 0.71 1.92 1.06 8.75
CTC-A
Canadian Tire Corporation Limited
-0.04 0.02% 176.05 14.98 9.98 0.49 1.59 0.93 8.38
LNF
Leon's Furniture Limited
-0.44 1.77% 24.40 11.61 11.42 0.71 1.46 0.73 5.52

Reports Covered

Stock Research & News

Profile

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.

Kits Eyecare Ltd

510 Seymour Street, Vancouver, BC, Canada, V6B 3J5

Key Executives

Name Title Year Born
Mr. Roger V. Hardy Co-Founder, CEO & Chairman 1969
Ms. Sabrina Liak Co-Founder, Pres, CFO, Corp. Sec. & Director 1979
Mr. Joseph Thompson Co-Founder & COO NA
Mr. Arshil Abdulla Chief Technology Officer NA
Mr. Robert Long Chief Information Officer NA
Mr. Stefan Paul Harvalias Chief Marketing Officer NA
Mr. Tai Silvey Sr. VP of Operations NA
Mr. Roger V. Hardy Co-Founder, CEO & Chairman of the Board 1969
Ms. Sabrina Liak Co-Founder, President, Corporate Secretary & Director 1979
Mr. Robert Long Chief Marketing Officer NA

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