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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	17.68	19.27	16.04	18.79	20.51	2.31
Cash & Short-Term Investments	17.68	19.27	16.04	18.79	20.51	2.31
Cash Growth	-3.91%	20.14%	-14.64%	-8.36%	788.43%	-32.08%
Accounts Receivable	1.89	2.2	1.69	0.85	0.44	1
Other Receivables	0.03	0.33	0.12	0.07	0.42	0.11
Receivables	1.92	2.53	1.8	0.92	0.86	1.11
Inventory	24.18	22.49	15.41	16.41	13.49	5.81
Prepaid Expenses	0.82	0.79	0.73	0.88	0.86	1.09
Total Current Assets	44.6	45.08	33.98	37	35.71	10.31
Property, Plant & Equipment	10.23	10.86	8.65	10.04	10.93	1.57
Goodwill	41.15	41.19	37.86	38.77	36.29	36.45
Other Intangible Assets	1.15	1.15	1.47	2.94	4.46	6.13
Long-Term Deferred Tax Assets	4.05	4.76	5.68	5.12	3.55	0.21
Total Assets	101.17	103.02	87.64	93.87	90.94	54.66
Accounts Payable	24.14	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	2.96	-	-	-	-	21.32
Current Portion of Long-Term Debt	0.29	5.38	3.03	3.1	3.05	-
Current Portion of Leases	0.81	0.84	0.69	0.62	0.55	0.21
Current Income Taxes Payable	0.45	0.45	0.41	0.42	0.4	0.4
Current Unearned Revenue	6.13	6.83	4.43	3.49	2.53	2.25
Total Current Liabilities	34.79	38.75	24.52	24.44	16.82	34.57
Long-Term Debt	1.04	1.78	6.69	10.04	13.04	14.05
Long-Term Leases	4.42	4.6	4.98	5.67	6.3	0.8
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.51
Total Liabilities	40.25	45.13	36.2	40.16	36.16	50.93
Common Stock	79.67	78.16	77.39	76.99	76.59	3.82
Additional Paid-In Capital	3.07	3.13	3.04	2.86	1.94	0.94
Retained Earnings	-23.2	-24.8	-27.91	-25.7	-21.15	-6.53
Comprehensive Income & Other	1.37	1.4	-1.07	-0.44	-2.6	-2.31
Total Common Equity	60.92	57.89	51.45	53.71	54.79	-4.07
Shareholders' Equity	60.92	57.89	51.45	53.71	54.79	3.73
Total Liabilities & Equity	101.17	103.02	87.64	93.87	90.94	54.66
Total Debt	9.53	12.6	15.39	19.44	22.94	36.38
Net Cash (Debt)	8.15	6.67	0.65	-0.65	-2.44	-34.07
Net Cash Growth	126.56%	932.66%	-	-	-	-
Net Cash Per Share	0.24	0.20	0.02	-0.02	-0.08	-3.70
Filing Date Shares Outstanding	31.86	31.98	31.44	31.32	31.16	31
Total Common Shares Outstanding	31.86	31.56	31.44	31.32	31.16	9.2
Working Capital	9.81	6.32	9.46	12.56	18.89	-24.26
Book Value Per Share	1.91	1.83	1.64	1.72	1.76	-0.44
Tangible Book Value	18.62	15.56	12.12	12	14.04	-46.65
Tangible Book Value Per Share	0.58	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.