Kits Eyecare Ltd. (TSX:KITS)

Kits Eyecare Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.69	19.27	16.04	18.79	20.51	2.31
Cash & Short-Term Investments	19.69	19.27	16.04	18.79	20.51	2.31
Cash Growth	2.84%	20.14%	-14.64%	-8.36%	788.43%	-32.08%
Accounts Receivable	2.68	2.2	1.69	0.85	0.44	1
Other Receivables	-	0.33	0.12	0.07	0.42	0.11
Receivables	2.68	2.53	1.8	0.92	0.86	1.11
Inventory	22.13	22.49	15.41	16.41	13.49	5.81
Prepaid Expenses	1.05	0.79	0.73	0.88	0.86	1.09
Total Current Assets	45.56	45.08	33.98	37	35.71	10.31
Property, Plant & Equipment	9.28	10.86	8.65	10.04	10.93	1.57
Goodwill	39.85	41.19	37.86	38.77	36.29	36.45
Other Intangible Assets	1.14	1.15	1.47	2.94	4.46	6.13
Long-Term Deferred Tax Assets	3.03	4.76	5.68	5.12	3.55	0.21
Total Assets	98.85	103.02	87.64	93.87	90.94	54.66
Accounts Payable	22.81	21.83	12.89	14.47	8.36	9.62
Accrued Expenses	-	3.42	3.07	2.34	1.94	0.78
Short-Term Debt	-	-	-	-	-	21.32
Current Portion of Long-Term Debt	1.97	5.38	3.03	3.1	3.05	-
Current Portion of Leases	0.79	0.84	0.69	0.62	0.55	0.21
Current Income Taxes Payable	0.43	0.45	0.41	0.42	0.4	0.4
Current Unearned Revenue	6.4	6.83	4.43	3.49	2.53	2.25
Total Current Liabilities	32.4	38.75	24.52	24.44	16.82	34.57
Long-Term Debt	-	1.78	6.69	10.04	13.04	14.05
Long-Term Leases	4.45	4.6	4.98	5.67	6.3	0.8
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.51
Total Liabilities	36.85	45.13	36.2	40.16	36.16	50.93
Common Stock	80.78	78.16	77.39	76.99	76.59	3.82
Additional Paid-In Capital	2.83	3.13	3.04	2.86	1.94	0.94
Retained Earnings	-21.95	-24.8	-27.91	-25.7	-21.15	-6.53
Comprehensive Income & Other	0.34	1.4	-1.07	-0.44	-2.6	-2.31
Total Common Equity	62	57.89	51.45	53.71	54.79	-4.07
Shareholders' Equity	62	57.89	51.45	53.71	54.79	3.73
Total Liabilities & Equity	98.85	103.02	87.64	93.87	90.94	54.66
Total Debt	7.21	12.6	15.39	19.44	22.94	36.38
Net Cash (Debt)	12.48	6.67	0.65	-0.65	-2.44	-34.07
Net Cash Growth	101.45%	932.66%	-	-	-	-
Net Cash Per Share	0.37	0.20	0.02	-0.02	-0.08	-3.70
Filing Date Shares Outstanding	32.14	31.98	31.44	31.32	31.16	31
Total Common Shares Outstanding	32.14	31.56	31.44	31.32	31.16	9.2
Working Capital	13.16	6.32	9.46	12.56	18.89	-24.26
Book Value Per Share	1.93	1.83	1.64	1.72	1.76	-0.44
Tangible Book Value	21.01	15.56	12.12	12	14.04	-46.65
Tangible Book Value Per Share	0.65	0.49	0.39	0.38	0.45	-5.07
Buildings	-	0.31	0.17	0.05	0.05	0.04
Machinery	-	7.7	4.14	3.81	3.33	0.55
Construction In Progress	-	-	-	-	-	0.01
Leasehold Improvements	-	0.95	0.87	0.87	0.8	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.