Kits Eyecare Ltd. (TSX:KITS)

Kits Eyecare Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	171.15	159.34	120.51	91.64	82.4	75.22
Revenue Growth (YoY)	34.11%	32.22%	31.50%	11.21%	9.55%	103.86%
Cost of Revenue	111.57	105.69	79.72	62.39	61.51	53.83
Gross Profit	59.59	53.65	40.79	29.25	20.89	21.39
Selling, General & Admin	52.97	49.72	40.09	33.65	34.67	19.44
Operating Expenses	53.85	50.89	42.22	35.94	37.05	21.45
Operating Income	5.74	2.75	-1.43	-6.7	-16.15	-0.06
Interest Expense	-1.09	-1.2	-1.56	-1.63	-1.49	-2.22
Interest & Investment Income	0.58	0.58	0.59	0.11	0.07	0.01
Currency Exchange Gain (Loss)	1.77	2.67	-0.95	2.34	0.71	-
Other Non Operating Income (Expenses)	-0.32	-0.36	0.47	-	-	-
EBT Excluding Unusual Items	6.68	4.45	-2.89	-5.88	-16.86	-2.27
Merger & Restructuring Charges	-	-	-	-	-	-0.17
Other Unusual Items	-	-	-	-	-1.98	-4.65
Pretax Income	6.68	4.45	-2.89	-5.88	-18.84	-7.09
Income Tax Expense	2.02	1.34	-0.68	-1.32	-4.23	-0.51
Net Income	4.66	3.12	-2.22	-4.55	-14.62	-6.58
Net Income to Common	4.66	3.12	-2.22	-4.55	-14.62	-6.58
Shares Outstanding (Basic)	32	32	31	31	30	9
Shares Outstanding (Diluted)	34	34	31	31	30	9
Shares Change (YoY)	7.68%	7.52%	0.38%	3.81%	227.45%	30.21%
EPS (Basic)	0.15	0.10	-0.07	-0.15	-0.49	-0.72
EPS (Diluted)	0.14	0.09	-0.07	-0.15	-0.49	-0.72
Free Cash Flow	6.26	9.88	1.84	4.42	-23.09	3.99
Free Cash Flow Per Share	0.18	0.29	0.06	0.14	-0.77	0.43
Gross Margin	34.82%	33.67%	33.85%	31.91%	25.35%	28.43%
Operating Margin	3.35%	1.73%	-1.19%	-7.31%	-19.60%	-0.08%
Profit Margin	2.72%	1.96%	-1.84%	-4.97%	-17.74%	-8.75%
Free Cash Flow Margin	3.65%	6.20%	1.53%	4.82%	-28.03%	5.31%
EBITDA	7.31	4.5	0.84	-4.35	-14.33	1.4
EBITDA Margin	4.27%	2.83%	0.70%	-4.74%	-17.39%	1.87%
D&A For EBITDA	1.58	1.75	2.28	2.35	1.83	1.46
EBIT	5.74	2.75	-1.43	-6.7	-16.15	-0.06
EBIT Margin	3.35%	1.73%	-1.19%	-7.31%	-19.60%	-0.08%
Effective Tax Rate	30.27%	29.99%	-	-	-	-

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.