Vancouver, British Columbia–(Newsfile Corp. – May 22, 2024) – KITS Eyecare Ltd. (TSX: KITS) – The digital eyecare platform, continues to revolutionize the optical industry with its exceptional growth and commitment to customer satisfaction. Boasting a remarkable revenue increase of 32% year-over-year in calendar year 2023, growth has continued in 2024 with Q1 revenue increasing 26% year-over-year. Gross profit in 2023 also surged 40% year-over-year, reaching $40.8 million. With results through Q1 2024, KITS has now achieved this industry leading growth with positive adjusted EBITDA over the past 6 quarters, demonstrating its unrivaled momentum in the industry. By leveraging cutting-edge technologies and a relentless focus on customer delight, KITS aims to reshape the future of eyecare, making it accessible, affordable, and seamless for eyes everywhere.
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KITS Eyecare Ltd. (TSX: KITS)
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