Kits Historical Income Statement

KITS Stock  CAD 12.35  0.65  5.56%   
Historical analysis of Kits Eyecare income statement accounts such as Selling General Administrative of 33.7 M can show how well Kits Eyecare performed in making a profits. Evaluating Kits Eyecare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kits Eyecare's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kits Eyecare latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kits Eyecare is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kits Eyecare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Kits Income Statement Analysis

Kits Eyecare Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kits Eyecare shareholders. The income statement also shows Kits investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kits Eyecare Income Statement Chart

At this time, Kits Eyecare's Net Income From Continuing Ops is very stable compared to the past year. As of the 26th of March 2025, EBITDA is likely to grow to about 2.2 M, while Interest Income is likely to drop about 387.9 K.

Total Revenue

Total revenue comprises all receipts Kits Eyecare generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kits Eyecare minus its cost of goods sold. It is profit before Kits Eyecare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Kits Eyecare income statement and represents the costs associated with goods and services Kits Eyecare provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Kits Eyecare's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kits Eyecare current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kits Eyecare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Kits Eyecare's Net Income From Continuing Ops is very stable compared to the past year. As of the 26th of March 2025, EBITDA is likely to grow to about 2.2 M, while Interest Income is likely to drop about 387.9 K.
 2022 2023 2024 2025 (projected)
Interest Expense1.6M1.6M1.2M1.6M
Interest Income1.5M585K580K387.9K

Kits Eyecare income statement Correlations

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-0.350.320.60.620.64-0.380.6-0.31-0.30.440.820.610.65-0.07-0.34-0.220.40.820.62-0.260.4
-0.640.320.480.490.46-0.590.5-0.71-0.72-0.20.540.550.59-0.44-0.53-0.470.330.59-0.18-0.390.33
-0.380.60.480.840.81-0.50.86-0.39-0.390.590.870.870.87-0.07-0.51-0.410.930.820.66-0.50.86
-0.390.620.490.840.99-0.481.0-0.4-0.40.560.940.940.97-0.08-0.43-0.310.780.830.46-0.40.91
-0.320.640.460.810.99-0.40.98-0.32-0.320.570.930.910.950.01-0.33-0.210.770.810.48-0.310.89
0.98-0.38-0.59-0.5-0.48-0.4-0.520.970.96-0.2-0.58-0.73-0.650.850.960.94-0.21-0.71-0.070.95-0.52
-0.430.60.50.861.00.98-0.52-0.44-0.440.540.940.950.98-0.13-0.47-0.360.780.840.44-0.450.92
0.99-0.31-0.71-0.39-0.4-0.320.97-0.441.00.04-0.49-0.63-0.570.90.940.92-0.09-0.630.140.88-0.37
0.98-0.3-0.72-0.39-0.4-0.320.96-0.441.00.07-0.49-0.63-0.560.910.930.92-0.09-0.620.160.87-0.36
-0.060.44-0.20.590.560.57-0.20.540.040.070.560.570.540.26-0.1-0.010.650.50.85-0.240.73
-0.50.820.540.870.940.93-0.580.94-0.49-0.490.560.940.96-0.17-0.52-0.40.720.950.56-0.470.82
-0.640.610.550.870.940.91-0.730.95-0.63-0.630.570.940.99-0.35-0.68-0.570.720.910.43-0.670.92
-0.570.650.590.870.970.95-0.650.98-0.57-0.560.540.960.99-0.26-0.59-0.480.750.920.43-0.560.9
0.89-0.07-0.44-0.07-0.080.010.85-0.130.90.910.26-0.17-0.35-0.260.880.920.24-0.340.370.84-0.08
0.93-0.34-0.53-0.51-0.43-0.330.96-0.470.940.93-0.1-0.52-0.68-0.590.880.99-0.21-0.65-0.050.97-0.46
0.92-0.22-0.47-0.41-0.31-0.210.94-0.360.920.92-0.01-0.4-0.57-0.480.920.99-0.11-0.530.040.97-0.37
-0.080.40.330.930.780.77-0.210.78-0.09-0.090.650.720.720.750.24-0.21-0.110.610.67-0.230.84
-0.650.820.590.820.830.81-0.710.84-0.63-0.620.50.950.910.92-0.34-0.65-0.530.610.48-0.60.72
0.060.62-0.180.660.460.48-0.070.440.140.160.850.560.430.430.37-0.050.040.670.48-0.120.54
0.9-0.26-0.39-0.5-0.4-0.310.95-0.450.880.87-0.24-0.47-0.67-0.560.840.970.97-0.23-0.6-0.12-0.52
-0.390.40.330.860.910.89-0.520.92-0.37-0.360.730.820.920.9-0.08-0.46-0.370.840.720.54-0.52
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Kits Eyecare Account Relationship Matchups

Kits Eyecare income statement Accounts

202020212022202320242025 (projected)
Tax Provision(505K)(4.2M)(1.3M)(676K)1.3M1.4M
Interest Income7K67K1.5M585K580K387.9K
Interest Expense3.3M1.5M1.6M1.6M1.2M1.6M
Selling General Administrative11.4M20.0M21.5M13.5M32.1M33.7M
Total Revenue75.2M82.4M91.6M120.5M159.3M90.3M
Gross Profit21.4M20.9M29.2M40.8M53.6M27.7M
Operating Income122K(17.0M)(4.4M)(2.4M)2.8M2.9M
Cost Of Revenue53.8M61.5M62.4M79.7M105.7M62.5M
Income Before Tax(7.1M)(18.8M)(5.9M)(2.9M)4.5M4.7M
Net Income Applicable To Common Shares53K(6.6M)(14.6M)(4.6M)(4.1M)(4.3M)
Net Income(6.6M)(14.6M)(4.6M)(2.2M)3.1M3.3M
Net Interest Income(3.3M)(1.4M)(1.5M)(975K)(817K)(857.9K)
Depreciation And Amortization2.0M2.4M3.5M3.2M3.7M2.7M
Selling And Marketing Expenses7.8M15.5M12.1M15.5M17.8M11.9M
Other Operating Expenses75.1M99.4M98.3M121.9M140.2M94.5M
Net Income From Continuing Ops(6.6M)(14.6M)(4.6M)(2.2M)3.1M3.3M
Ebit(4.0M)(16.3M)(6.6M)(847K)(762.3K)(800.4K)
Ebitda(2.0M)(14.0M)(3.1M)2.3M2.1M2.2M
Total Operating Expenses21.3M37.9M35.9M42.2M156.6M164.4M
Reconciled Depreciation2.0M2.7M3.5M3.2M2.7M2.8M
Income Tax Expense(505K)(4.2M)(1.3M)(676K)(608.4K)(638.8K)

Other Information on Investing in Kits Stock

Kits Eyecare Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kits Eyecare shareholders. The income statement also shows Kits investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).