Kits Eyecare estimates Q3 revenue of $52.4-million

Executive Summary

• Kits Eyecare reports preliminary Q3 2025 revenue of approximately $52.4 million, up 25.1 % YoY.
• Adjusted EBITDA rose to roughly 5.2 % of revenue, indicating improved profitability.
• New customer base expanded by 27.6 % YoY to about 99,000 customers.
• Cash balance remains strong at approximately $19.7 million.

Key Details

• Revenue: ~$52.4 M (↑25.1 % YoY).
• Adjusted EBITDA: ~5.2 % of revenue (increase YoY).
• New Customers: ~99,000 (↑27.6 % YoY).
• Cash Position: ~$19.7 M at quarter‑end.
• Management Commentary: CEO Roger Hardy highlighted “strong results while navigating multiple complexities, including border changes and postal strikes,” emphasizing focus on the mission of making eyecare easy for everyone.
• Forward Guidance: Full Q3 2025 results to be released in early November 2025; conference call details forthcoming.

Notable Quotes

“Kits delivered strong results while navigating multiple complexities, including border changes and postal strikes. I'm proud of how our team stayed focused on our mission of making eyecare easy for everyone.” – Roger Hardy, Co‑founder & CEO, Kits Eyecare Ltd.