Kits Eyecare Ltd. (TSX:KITS)

Kits Eyecare Balance Sheet

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

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