KITS

VIDEO - KITS Eyecare: Revolutionizing Digital Eyecare with Cutting-Edge Technology and Rapid Growth BTV Investor Alert

Retrieved on: 
Friday, December 15, 2023

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2023) - KITS Eyecare Ltd. (TSX: KITS) - a leader in digital eyecare, announced its Q3 results for 2023, marking a significant milestone in its growth trajectory.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 15, 2023) - KITS Eyecare Ltd. (TSX: KITS) - a leader in digital eyecare, announced its Q3 results for 2023, marking a significant milestone in its growth trajectory.
  • The company reported a 32% increase in revenue, reaching a record $31.2 million, up from $23.6 million in the previous year.
  • Gross profit surged by 48% to $10.7 million, with a notable increase in gross margin to 34.3%.
  • These achievements reflected KITS' successful strategy in enhancing customer experience and operational efficiency.

Full Swing Unveils Full Swing KIT Studio, All-In-One Solution for Virtual Golf Gameplay

Retrieved on: 
Monday, November 20, 2023

CARLSBAD, Calif., Nov. 20, 2023 /PRNewswire/ -- Full Swing, the global leader in simulation technology, proudly introduces —an innovative, affordable solution designed to transform any space into a DIY virtual golf oasis. This all-in-one package integrates the renowned Full Swing KIT launch monitor with proprietary virtual gameplay software, Full Swing Golf, and is now available for golfers of all levels seeking an immersive indoor golf experience starting at $9,500.

Key Points: 
  • This all-in-one package integrates the renowned Full Swing KIT launch monitor with proprietary virtual gameplay software, Full Swing Golf, and is now available for golfers of all levels seeking an immersive indoor golf experience starting at $9,500.
  • The Full Swing KIT Studio addresses the challenge of limited budgets and space constraints, offering a cutting-edge launch monitor paired with dynamic software.
  • Full Swing GOLF for KIT software will be available at this time exclusively for Full Swing KIT Studio with PC Packages, offering golfers a complimentary one-year subscription with purchase.
  • Immersive Experience: Players step into high-quality hitting bays, experiencing their shots entering the virtual world created by Full Swing GOLF for KIT software.

KITS Eyecare Reports Preliminary Second Quarter 2023 Results

Retrieved on: 
Monday, July 17, 2023

VANCOUVER, BC, July 17, 2023 /CNW/ - Kits Eyecare Ltd .

Key Points: 
  • VANCOUVER, BC, July 17, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), a leading vertically integrated eyecare provider, is providing selected preliminary unaudited results for its second quarter ended June 30, 2023.
  • Q2 2023 revenue grew to approximately $30 million, representing a 38% year-over-year increase and an 8% increase sequentially.
  • The Company looks forward to reporting its full second quarter 2023 results in August 2023.

KITS Eyecare to Present at the 2023 RBC Capital Markets Consumer Investor Day on June 8, 2023

Retrieved on: 
Wednesday, May 17, 2023

VANCOUVER, BC, May 17, 2023 /CNW/ - Kits Eyecare Ltd .

Key Points: 
  • VANCOUVER, BC, May 17, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), a leading vertically integrated eyecare provider, will be presenting at the 2023 RBC Capital Markets Consumer Day being held on June 8, 2023, at the Lotte New York Palace Hotel in New York, NY.
  • Roger Hardy, co-founder and CEO, and Joseph Thompson, co-founder and COO, are scheduled to present on Thursday, June 8, 2023, at 2:00 p.m. Eastern time, with one-on-one meetings held throughout the event.
  • To receive additional information, request an invitation or to schedule a one-on-one meeting, please contact your RBC representative or KITS's investor relations team at [email protected] .

KITS Eyecare to Present at the 18th Annual Needham Technology & Media Conference on May 17, 2023

Retrieved on: 
Thursday, May 11, 2023

VANCOUVER, BC, May 11, 2023 /CNW/ - Kits Eyecare Ltd .

Key Points: 
  • VANCOUVER, BC, May 11, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), a leading vertically integrated eyecare provider, will be presenting at the 18th Annual Needham Technology & Media Conference on May 17, 2023, at the Intercontinental Hotel in New York, NY.
  • Joseph Thompson, co-founder and COO, is scheduled to present on Wednesday, May 17, 2023, at 1:30 p.m. Eastern time, with one-on-one meetings held throughout the event.
  • To receive additional information, request an invitation or to schedule a one-on-one meeting, please contact your Needham representative or KITS' investor relations team at [email protected] .

KITS Eyecare Reports Record First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

38% Year-over-Year Revenue Growth in Q1; Strong Cash Balance

Key Points: 
  • 38% Year-over-Year Revenue Growth in Q1; Strong Cash Balance
    Delivered More Than 67,000 Eyeglasses in Q1 2023, Representing a 46% Increase Year-over-Year
    VANCOUVER, BC, May 10, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), a leading vertically integrated eyecare provider, is reporting its results for the first quarter ended March 31, 2023.
  • It also enables us to track and target the highest value customers in the category and ensure we work to attract and retain them.
  • On March 31, 2023, cash and cash equivalents totaled $19.6 million compared to $18.8 million on December 31, 2022, and $18.3 million on March 31, 2022.

KITS Eyecare Reports Preliminary First Quarter 2023 Results

Retrieved on: 
Thursday, April 6, 2023

VANCOUVER, BC, April 6, 2023 /CNW/ - Kits Eyecare Ltd .

Key Points: 
  • VANCOUVER, BC, April 6, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), a leading vertically integrated eyecare provider, is providing selected preliminary unaudited results for its first quarter ended March 31, 2023.
  • Q1 2023 revenue grew to approximately $27 million, representing a 34% year-over-year increase and a 3% increase sequentially.
  • KITS anticipates reporting its full first quarter 2023 financial and operational results in early May 2023.

Roger Hardy Increases Shareholdings in Kits Eyecare Ltd.

Retrieved on: 
Thursday, March 16, 2023

Following the Acquisitions, Mr. Hardy holds directly or indirectly, or exercises control or direction over an aggregate of 10,069,295 Common Shares, representing 32.15% of the issued and outstanding Common Shares.

Key Points: 
  • Following the Acquisitions, Mr. Hardy holds directly or indirectly, or exercises control or direction over an aggregate of 10,069,295 Common Shares, representing 32.15% of the issued and outstanding Common Shares.
  • Mr. Hardy also holds 445,000 Options to purchase an additional 445,000 Common Shares of the Company and 1,960 RSRs to purchase an additional 1,960 Common Shares of KITS.
  • Assuming the exercise of the Options and RSRs, Mr. Hardy would hold a total of 10,516,255 Common Shares, representing approximately 33.58% of the issued and outstanding Common Shares.
  • The Shares beneficially owned by Mr. Hardy, directly, indirectly and through which Mr. Hardy has control and direction are held for investment purposes.

KITS Eyecare Reports Record Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, March 9, 2023

(TSX: KITS) ("KITS" or the "Company"), a leading, vertically integrated eyecare provider, is reporting its results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • (TSX: KITS) ("KITS" or the "Company"), a leading, vertically integrated eyecare provider, is reporting its results for the fourth quarter and full year ended December 31, 2022.
  • "In 2022, the team delivered record results as the KITS brand continued to resonate with new and returning customers.
  • Even during tough economic times, the vision care category remains resilient with what we believe will deliver asymmetric upside for shareholders.
  • At December 31, 2022, cash and cash equivalents totaled $18.8 million compared to $20.4 million at September 30, 2022, and $20.5 million at December 31, 2021.

KITS Eyecare to Present at the 35th Annual ROTH Conference

Retrieved on: 
Tuesday, March 7, 2023

KITS Co-Founder and COO Joseph Thompson to Hold Fireside Chat with ROTH Research Analyst Matt Koranda on March 14th at 1:30 p.m. PT

Key Points: 
  • KITS Co-Founder and COO Joseph Thompson to Hold Fireside Chat with ROTH Research Analyst Matt Koranda on March 14th at 1:30 p.m. PT
    VANCOUVER, BC, March 7, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), a leading, vertically integrated eyecare provider, will be participating in the 35th Annual ROTH Conference being held March 12-14, 2023, at The Ritz Carlton, Laguna Niguel in Dana Point, CA.
  • To learn more about the 35th Annual ROTH Conference and submit a registration request, please visit https://ibn.fm/Roth2023Registration .
  • To schedule a one-on-one meeting with KITS management, please contact your ROTH MKM representative or KITS' investor relations team at [email protected] .