Kits Eyecare reports preliminary Q2 revenue, beats estimates

Kits Eyecare

07/07/2025 12:24

Overview

Kits Eyecare Q2 preliminary revenue grows 31% yr/yr, beating analyst expectations

Adjusted EBITDA for Q2 exceeds 5% of revenue

Co says cash position remains "strong" at over C$18 mln

Result Drivers

REVENUE GROWTH - Revenue increased 31% year-over-year to C$49.6 million, exceeding analyst expectations

CUSTOMER ACQUISITION - New customers increased by 55% year-over-year, indicating effective growth strategies

STRONG CASH POSITION - Maintained a strong cash position of over C$18 million, reflecting financial stability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
C$49.60 mln
C$48.90 mln (3 Analysts)

Press Release: ID:nCNW08bJDa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)