Northwire Canada EditionWednesday, July 15, 2026
Northwire
EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Production / Operations

Kits Eyecare eclipses one million active customers

KITS · Price

Executive Summary

  • Kits Eyecare Ltd. has surpassed one million two-year active customers, a significant operational milestone achieved during Q3 2025.
  • The company’s two-year active customer base has doubled since its IPO in early 2021, growing from 500,000 in Q4 2020 to over one million.
  • Customer retention remains strong, with repeat buyers generating over 60% of revenue, driven by a digitally native demographic skewing toward Millennials and Gen Z.

Key Details

  • Customer Milestone: Surpassed 1,000,000 two-year active customers.
  • Growth Trajectory: Customer base doubled from 500,000 (Q4 2020) to >1,000,000 (Q3 2025).
  • Demographics:
    • ~25% Gen Z
    • ~50% Millennials
    • Remainder Gen X
  • Revenue Composition: Repeat buyers account for over 60% of total revenue.
  • Strategic Focus: Emphasis on digital channels, vertical integration, and AI-powered fitting tools (OpticianAI) to drive loyalty and growth among younger cohorts.

Notable Quotes

  • "Crossing the one-million-customer mark is more than just a number, it's a testament to the trust we have built with our customers and the value our model delivers for both new and repeat buyers," said Roger Hardy, co-founder and chief executive officer of Kits.
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