Kits Eyecare estimates 2025 revenue of $202.5-million

Ms. Olivia Evans reports KITS EYECARE REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR 2025 RESULTS Kits Eyecare Ltd. has provided selected preliminary unaudited results for its fourth quarter and full year ended Dec. 31, 2025. Select preliminary fourth quarter 2025 financial highlights (unaudited): Total revenue increased 20 per cent year over year to approximately $53.9-million; Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) margin approximately 4.0 to 5.0 per cent of revenue; Glasses revenue expanded approximately 33 per cent year over year to $8.7-million; Glasses units increased 43 per cent year over year to 119,000 units. Select preliminary full-year 2025 financial highlights (unaudited): Full-year revenue increased 27 per cent year over year to approximately $202.5-million; Adjusted EBITDA margin expanded year over year to approximately 5.0 to 6.0 per cent of revenue; New customer additions increased 30 per cent year over year to approximately 393,000. The company looks forward to reporting the audited fourth quarter and full-year 2025 results in early March, 2026. Details for the fourth quarter 2025 conference call will be disclosed in February. About Kits Eyecare Ltd. Kits is one of the world's fastest-growing eyecare providers, offering high-quality, affordable prescription glasses and contact lenses through its vertically integrated digital platform. With advanced in-house lens manufacturing, an industry-leading digital fit experience powered by OpticianAI and thousands of five-star customer reviews, Kits is redefining how Canadians experience eyecare. We seek Safe Harbor.