Kits Eyecare reports preliminary Q2 revenue, beats estimates
ReutersJul 7, 2025 11:24 AM
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
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