Kits Eyecare Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	202.46	159.34	120.51	91.64	82.4
Revenue Growth (YoY)	27.06%	32.22%	31.50%	11.21%	9.55%
Cost of Revenue	130.35	105.69	79.72	62.39	61.51
Gross Profit	72.11	53.65	40.79	29.25	20.89
Selling, General & Admin	63.02	49.72	40.09	33.65	36.27
Depreciation & Amortization Expenses	0.83	1.17	2.14	2.3	2.38
Other Operating Expenses	1.79	-2.67	0.95	-2.34	-0.71
Total Operating Expenses	65.63	48.22	43.17	33.6	37.94
Operating Income	6.48	5.43	-2.38	-4.35	-17.05
Interest Expense	-1.43	-0.98	-0.51	-1.52	-1.8
Total Non-Operating Income (Expense)	-1.43	-0.98	-0.51	-1.52	-1.8
Pretax Income	5.05	4.45	-2.89	-5.88	-18.84
Provision for Income Taxes	1.94	1.34	-0.68	-1.32	-4.23
Net Income	3.11	3.12	-2.22	-4.55	-14.62
Net Income to Common	3.11	3.12	-2.22	-4.55	-14.62
Net Income Growth	-0.19%	-	-	-	-
Shares Outstanding (Basic)	32	32	31	30	30
Shares Outstanding (Diluted)	34	34	31	30	30
Shares Change (YoY)	0.57%	7.52%	3.45%	1.73%	224.25%
EPS (Basic)	0.10	0.10	-0.07	-0.15	-0.49
EPS (Diluted)	0.09	0.09	-0.07	-0.15	-0.49
Free Cash Flow	11.33	9.88	1.84	4.42	-23.09
Free Cash Flow Growth	14.62%	436.54%	-58.32%	-	-
Free Cash Flow Per Share	0.33	0.29	0.06	-	-
Gross Margin	35.61%	33.67%	33.85%	31.92%	25.35%
Operating Margin	3.20%	3.41%	-1.98%	-4.75%	-20.68%
Profit Margin	1.54%	1.96%	-1.84%	-4.97%	-17.74%
FCF Margin	5.60%	6.20%	1.53%	4.82%	-28.03%
EBITDA	8.86	8.09	0.81	-0.83	-14.37
EBITDA Margin	4.38%	5.08%	0.67%	-0.90%	-17.44%
EBIT	6.48	5.43	-2.38	-4.35	-17.05
EBIT Margin	3.20%	3.41%	-1.98%	-4.75%	-20.68%
Effective Tax Rate	38.38%	29.99%	23.38%	22.53%	22.43%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.