KITS

KITS Eyecare Reports Strong Preliminary Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, January 10, 2023

Revenue Growth Continued in Q4, Increasing 25% Year-over-Year and 9% Sequentially

Key Points: 
  • Revenue Growth Continued in Q4, Increasing 25% Year-over-Year and 9% Sequentially
    VANCOUVER, BC, Jan. 10, 2023 /CNW/ - Kits Eyecare Ltd .
  • (TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform, is providing selected preliminary unaudited results for its fourth quarter and full year ended December 31, 2022.
  • For Q4 2022, revenue grew to approximately $25 million, representing a 25% increase year-over-year and a 9% increase sequentially.
  • KITS anticipates reporting its fourth quarter and full year 2022 financial and operational results in early March 2023.

KITS Eyecare to Present at the 25th Annual Needham Growth Conference on January 12, 2023

Retrieved on: 
Wednesday, January 4, 2023

(TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform, will be presenting at the 25th Annual Needham Growth Conference on January 12, 2023, at the Lotte New York Palace Hotel in New York, NY.

Key Points: 
  • (TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform, will be presenting at the 25th Annual Needham Growth Conference on January 12, 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, January 12, 2023, at 12:45 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 is Canada's fastest growing, digital eyecare brand providing eyewear for eyes everywhere.

KITS Eyecare Certified as a Great Place to Work for Second Consecutive Year

Retrieved on: 
Monday, December 19, 2022

VANCOUVER, BC, Dec. 19, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform is proud to announce that it has become Certified™ by Great Place to Work® for the second year in a row.

Key Points: 
  • VANCOUVER, BC, Dec. 19, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform is proud to announce that it has become Certified™ by Great Place to Work® for the second year in a row.
  • "A heartfelt thank you to all of our teammates at KITS," said Roger Hardy, CEO of KITS Eyecare.
  • Without you, KITS would not be a Great Place to Work."
  • Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.

KITS Eyecare's Sabrina Liak Awarded by BIV as 2022 Public Company CFO of the Year

Retrieved on: 
Friday, December 9, 2022

VANCOUVER, BC, Dec. 9, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform, is proud to announce that Sabrina Liak, Co-founder, President, and Chief Financial Officer, has been awarded the 2022 Public Company CFO of the Year Award.

Key Points: 
  • VANCOUVER, BC, Dec. 9, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), Canada's leading, vertically integrated eyecare platform, is proud to announce that Sabrina Liak, Co-founder, President, and Chief Financial Officer, has been awarded the 2022 Public Company CFO of the Year Award.
  • Winners of BIV's BC CFO Awards have demonstrated exceptional corporate leadership of British Columbia companies and institutions pre, peak and post-pandemic.
  • BIV will celebrate the 2022 CFO Award recipients at an in-person event on February 3, 2023.
  • "A heartfelt congratulations to our co-founder and partner Sabrina Liak for winning the Public Company CFO of the Year," said Roger Hardy, CEO and co-founder of KITS Eyecare.

KITS Eyecare to Attend the Roth 11th Annual Technology Event on November 16, 2022

Retrieved on: 
Friday, November 11, 2022

(KITS) (TSX: KITS), Canada's fastest-growing direct-to-consumer eyeglasses manufacturer and digital eyecare brand will be attending the Roth 11th Annual Technology Event on November 16, 2022, at The Yale Club in New York City.

Key Points: 
  • (KITS) (TSX: KITS), Canada's fastest-growing direct-to-consumer eyeglasses manufacturer and digital eyecare brand will be attending the Roth 11th Annual Technology Event on November 16, 2022, at The Yale Club in New York City.
  • Co-founder & COO Joseph Thompson, and Co-founder, President & CFO Sabrina Liak will be holding one-on-one and small group meetings throughout the duration of the event.
  • To receive additional information, request an invitation or to schedule a meeting, please contact your Roth representative or KITS's investor relations team at [email protected] .
  • KITS is Canada's fastest-growing digital eyecare brand, providing eyewear for eyes everywhere.

KITS Eyecare Reports Record Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, November 9, 2022

Represent expenses associated with brand and content creation for KITS including film and other brand assets.

Key Points: 
  • Represent expenses associated with brand and content creation for KITS including film and other brand assets.
  • This press release includes references to certain non-IFRS financial measures such as Constant Currency Revenue, EBITDA and Adjusted EBITDA, and industry metrics such as Active Customers.
  • These financial measures are not defined under IFRS, nor do they replace or supersede any standardized measure under IFRS.
  • KITS' risks and uncertainties are discussed in detail in the company's Annual Information Form, filed on SEDAR on March 9, 2022.

KITS LAUNCHES SAME-DAY DELIVERY

Retrieved on: 
Wednesday, September 14, 2022

(KITS) (TSX:KITS)Canada's largest direct-to-consumer eyeglasses manufacturer and digital eyecare provider announced today that same-day delivery is now available in Vancouver and across the lower mainland on over 70% of products available on KITS.ca.

Key Points: 
  • (KITS) (TSX:KITS)Canada's largest direct-to-consumer eyeglasses manufacturer and digital eyecare provider announced today that same-day delivery is now available in Vancouver and across the lower mainland on over 70% of products available on KITS.ca.
  • Prescription eyeglasses and contact lens orders received before 12pm are eligible for delivery the same day.
  • Additionally, orders across Canada and the U.S., an optical market estimated at over $45 Billion, are eligible for next-day delivery.
  • On behalf of our customers, we'll continue to expand our same day delivery, and our next day delivery to all points from New York to San Francisco and everywhere else in the USA and Canada."

KITS Eyecare Announces Appointment of Sabrina Liak to President

Retrieved on: 
Monday, August 15, 2022

VANCOUVER, BC, Aug. 15, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), a digital eyecare platform today announced the appointment of Sabrina Liak to President of KITS Eyecare Ltd., adding to her existing role as Chief Financial Officer.

Key Points: 
  • VANCOUVER, BC, Aug. 15, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), a digital eyecare platform today announced the appointment of Sabrina Liak to President of KITS Eyecare Ltd., adding to her existing role as Chief Financial Officer.
  • "Since co-founding KITS, Sabrina has helped accelerate our growth and expansion within eyecare, establish our results oriented management system, and drive cost optimizations across our business," remarked Roger Hardy, Chairman and CEO.
  • Roger Hardy, co-founder of KITS, will continue in his role of Chairman and CEO.
  • Sabrina will focus on delivering on the KITS' brand promise to make high-quality eyewear convenient and accessible.

Glasses Revenue Grows 48% year-on-year, Gross Profit Grows 50%

Retrieved on: 
Thursday, August 11, 2022

Represent expenses associated with brand and content creation for KITS including film and other brand assets.

Key Points: 
  • Represent expenses associated with brand and content creation for KITS including film and other brand assets.
  • This press release includes references to certain non-IFRS financial measures such as Constant Currency Revenue, EBITDA and Adjusted EBITDA, and industry metrics such as Active Customers.
  • These financial measures are not defined under IFRS, nor do they replace or supersede any standardized measure under IFRS.
  • If we do update certain forward-looking information, no inference should be made that we will further update such or other forward-looking information.

Travel into the metaverse of cats with Purr Safe Club NFTs

Retrieved on: 
Wednesday, June 22, 2022

KOLKATA, India, June 22, 2022 /PRNewswire/ -- PURR Safe Club has launched a collection of 207 Purr Safe Founders Club NFTs built on the Polygon blockchain. PURR NFTs will provide access to their own metaverse "The Purrverse", knowledge sharing platforms, exciting P2E games, and NFT Marketplaces, solely available to PURR subscribers. The community can access future regions and bonuses by activating the roadmap.

Key Points: 
  • KOLKATA, India, June 22, 2022 /PRNewswire/ -- PURR Safe Club has launched a collection of 207 Purr Safe Founders Club NFTs built on the Polygon blockchain.
  • PURR NFTs will provide access to their own metaverse "The Purrverse", knowledge sharing platforms, exciting P2E games, and NFT Marketplaces, solely available to PURR subscribers.
  • Purr Safe Club will create a robust digital community where PURR NFT owners will be a part of a Metaverse revolution.
  • When the PURR collection is sold out, 100 PUD (Purr Safe Founder's Club DAO NFTs) will be made available to PURR owners.