Kits Eyecare Ltd. (TSX:KITS)

Kits Eyecare Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	18.12	19.27	16.04	18.79	20.51	2.31
Cash & Short-Term Investments	18.12	19.27	16.04	18.79	20.51	2.31
Cash Growth	-6.19%	20.14%	-14.64%	-8.36%	788.43%	-32.08%
Accounts Receivable	2	2.2	1.69	0.85	0.44	1
Other Receivables	0.03	0.33	0.12	0.07	0.42	0.11
Receivables	2.03	2.53	1.8	0.92	0.86	1.11
Inventory	20.43	22.49	15.41	16.41	13.49	5.81
Prepaid Expenses	0.74	0.79	0.73	0.88	0.86	1.09
Total Current Assets	41.32	45.08	33.98	37	35.71	10.31
Property, Plant & Equipment	9.11	10.86	8.65	10.04	10.93	1.57
Goodwill	39.05	41.19	37.86	38.77	36.29	36.45
Other Intangible Assets	1.13	1.15	1.47	2.94	4.46	6.13
Long-Term Deferred Tax Assets	3.65	4.76	5.68	5.12	3.55	0.21
Total Assets	94.26	103.02	87.64	93.87	90.94	54.66
Accounts Payable	21.04	21.83	12.89	14.47	8.36	9.62
Accrued Expenses	-	3.42	3.07	2.34	1.94	0.78
Short-Term Debt	-	-	-	-	-	21.32
Current Portion of Long-Term Debt	2.7	5.38	3.03	3.1	3.05	-
Current Portion of Leases	0.79	0.84	0.69	0.62	0.55	0.21
Current Income Taxes Payable	0.43	0.45	0.41	0.42	0.4	0.4
Current Unearned Revenue	5.9	6.83	4.43	3.49	2.53	2.25
Total Current Liabilities	30.86	38.75	24.52	24.44	16.82	34.57
Long-Term Debt	-	1.78	6.69	10.04	13.04	14.05
Long-Term Leases	4.23	4.6	4.98	5.67	6.3	0.8
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.51
Total Liabilities	35.09	45.13	36.2	40.16	36.16	50.93
Common Stock	80.5	78.16	77.39	76.99	76.59	3.82
Additional Paid-In Capital	2.89	3.13	3.04	2.86	1.94	0.94
Retained Earnings	-23.89	-24.8	-27.91	-25.7	-21.15	-6.53
Comprehensive Income & Other	-0.33	1.4	-1.07	-0.44	-2.6	-2.31
Total Common Equity	59.17	57.89	51.45	53.71	54.79	-4.07
Shareholders' Equity	59.17	57.89	51.45	53.71	54.79	3.73
Total Liabilities & Equity	94.26	103.02	87.64	93.87	90.94	54.66
Total Debt	7.72	12.6	15.39	19.44	22.94	36.38
Net Cash (Debt)	10.39	6.67	0.65	-0.65	-2.44	-34.07
Net Cash Growth	91.20%	932.66%	-	-	-	-
Net Cash Per Share	0.31	0.20	0.02	-0.02	-0.08	-3.70
Filing Date Shares Outstanding	32.14	31.98	31.44	31.32	31.16	31
Total Common Shares Outstanding	32.1	31.56	31.44	31.32	31.16	9.2
Working Capital	10.45	6.32	9.46	12.56	18.89	-24.26
Book Value Per Share	1.84	1.83	1.64	1.72	1.76	-0.44
Tangible Book Value	18.99	15.56	12.12	12	14.04	-46.65
Tangible Book Value Per Share	0.59	0.49	0.39	0.38	0.45	-5.07
Buildings	-	0.31	0.17	0.05	0.05	0.04
Machinery	-	7.7	4.14	3.81	3.33	0.55
Construction In Progress	-	-	-	-	-	0.01
Leasehold Improvements	-	0.95	0.87	0.87	0.8	-

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