Kits Eyecare Ltd (TSX:KITS)
C$ 9.79 -0.21 (-2.1%) Market Cap: 320.02 Mil Enterprise Value: 313.83 Mil PE Ratio: 4,895.00 PB Ratio: 5.79 GF Score: 49/100

Kits Eyecare Ltd at RBC Capital Markets Consumer Day Transcript

Jun 08, 2023 / 06:00PM GMT
Release Date Price: C$4.7 (+1.51%)
Timothy Karman
RBC Capital Markets - Analyst

We are excited to have hosting here, Kits, Joseph Thompson, one of the co-founders and CEO of the business. So thanks for joining us at RBC, appreciate you coming all the way from Vancouver, so awesome.

Questions & Answers

Timothy Karman
RBC Capital Markets - Analyst

Maybe you could start with just a little bit of introduction, and I know you are part of this co-founding team. So but -- you guys had a history in this business prior to that. So I'd love to hear the founding story and just the latest state of the company share.

Joseph Thompson
Kits Eyecare Ltd. - COO & Co-founder

Sure, yes. Well, thanks, Tim. We started Kits in 2018. Roger, Sabrina, and I -- and Roger had previously built and scaled up a pretty sizable optical company, Coastal Contacts. It was NASDAQ listed and sold in 2014 for about $450 million in cash.

So we had a strong blueprint on how to tackle this industry, and the three of us really felt like there was still a lot more

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