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Company price
18.31 CAD -0.61 ( 3.22%)
Last update at 2026-11-05T18:34:00Z
VOLUME
66425
Market Cap
510.14M
P/E
166.78

Momentum Score

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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.

Source: TradingView
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Day Price Range
18.14
Low
19.12
High
52 Week Price Range
11.00
Low
22.56
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Kits Eyecare Ltd is limited; filings indicate it operates eyecare clinics and retail optical services in Canada. Long-term growth drivers may include ageing demographics, steady demand for vision care and potential to scale clinic and retail operations, which may appeal to investors seeking exposure to essential health services with recurring revenue.

Key risks are small-cap size and limited disclosure creating liquidity and transparency risk, competitive pressure from larger optical chains and online retailers, and regulatory or reimbursement changes that could hurt demand or margins.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
18.92
Dividend Yield
-
Revenue TTM
202.46M
Revenue Per Share
6.32
Gross Profit TTM
72.11M
Debt / Equity
0.25
ROE
5.18%
Net Debt
-13.99M
ROCE
12.23%
Diluted EPS TTM
0.09

Key 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 -2.89M -5.88M -18.84M
Net income 3.11M 3.12M -2.21M -4.55M -14.62M
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 -1.33M -6.70M -16.15M
Ebitda 10.64M 8.31M 1.86M -0.72M -14.68M
Depreciation and amortization 2.38M 2.66M 3.19M - -
Operating income 8.27M 5.43M -2.38M -4.35M -17.05M
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 -0.68M -1.32M -4.23M
Interest income 0.21M 0.62M 0.58M 1.52M 0.07M
Net interest income -0.30M -0.82M -0.97M -1.52M -1.42M
Income tax expense 1.94M 1.33M -0.68M -1.32M -4.23M
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 -3.22M -0.97M -0.51M 2.34M -0.38M
Net income from continuing ops 3.11M 3.12M -2.21M -4.55M -14.62M
Net income applicable to common shares - 3.12M -2.21M -4.55M -14.62M
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
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
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 -21.69M -24.80M -27.91M -25.70M -21.15M
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 -13.99M - -0.65M - -
Short term debt 11.10M - 3.72M 0.00M 0.00M
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 -0.44M -2.60M
Property plant equipment - - - 10.04M 10.93M
Total current assets 60.69M 45.08M 33.98M 37.00M 35.71M
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
Accumulated other comprehensive income -0.22M - -1.07M - -
Non currrent assets other 0.13M - 5.68M - -
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 -4.99M -3.15M -0.56M -0.26M -3.63M
Change to liabilities - - - 7.47M 0.18M
Total cashflows from investing activities -5.13M -3.15M -0.56M -0.26M -3.63M
Net borrowings 1.76M -4.88M -5.14M -5.13M -9.88M
Total cash from financing activities 3.47M -5.02M -5.07M -5.13M 41.48M
Change to operating activities - - - -0.02M 0.05M
Net income 3.11M 3.12M -2.21M -4.55M -14.62M
Change in cash 10.54M 3.23M -2.75M -1.72M 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 -19.46M
Issuance of capital stock - - - 0.00M 55.00M
Depreciation 2.38M 2.66M 3.19M 3.13M 2.29M
Change to inventory -1.18M -7.08M 1.00M -2.93M -7.68M
Change to account receivables 0.14M -0.70M -0.90M -0.46M 0.67M
Sale purchase of stock 0.00M -0.21M 0.07M 0.00M 55.31M
Other cashflows from financing activities -1.39M 0.07M 0.07M 0.00M -3.95M
Change to netincome - - - 1.64M -0.74M
Capital expenditures 0.14M 3.15M 0.56M 0.26M 3.63M
Change in working capital 0.52M 3.84M 0.34M 4.47M -6.77M
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 -23.09M

Peer Comparison*

Sector: Consumer Cyclical Industry: Specialty Retail

Stock Name
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
-0.61
3.22%
18.31 166.78 56.82 2.52 8.36 2.48 62.08
ATD
Alimentation Couchen Tard Inc A
-0.67
0.79%
84.03 19.96 18.05 1.00 3.39 0.92 10.32
CTC
Canadian Tire Corporation Limited
-5.00
2.26%
216.00 20.83 14.79 0.71 1.92 1.06 8.75
CTC-A
Canadian Tire Corporation Limited
-4.51
2.15%
204.93 14.98 9.98 0.49 1.59 0.93 8.38
LNF
Leon's Furniture Limited
-0.58
2.14%
26.70 11.61 11.42 0.71 1.46 0.73 5.52

Profile*

Kits Eyecare Ltd

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.

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

833 487 5487

176

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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