Business
KITS Sees 73% Growth in Total Patient Orders in Q1 2021
KITS Sees 73% Growth in Total Patient Orders in Q1 2021 Canada NewsWire ...
About this update from Kits Eyecare Ltd.
[{"type":"text","content":"\n \n \n \n KITS Sees 73% Growth in Total Patient Orders in Q1 2021\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n Total patient orders delivered increased 73% to 157,000 in Q1 2021 from 91,000 in Q1 2020\n \n \n 41,000 eyeglass patient orders delivered doubled sequentially in Q1 2021 from Q4 2020, and increased from 1,000 orders delivered in Q1 2020\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n April 8, 2021\n \n /CNW/ -\n \n KITS Eyecare Ltd\n \n . (TSX: KITS) (OTC PINK: KTYCF) (\"KITS\" or the \"Company\"), a rapidly growing, vertically integrated, digitally native eyecare platform, today announced it achieved 73% annual growth in total orders in the first quarter of 2021.  Total orders delivered increased to 157,000 in Q1 2021 from 91,000 in Q1 2020.  In addition, KITS reported 100% sequential quarterly growth in eyeglass patient orders delivered in the first quarter of 2021 as the Company continued to focus on its category leading eyeglass offering.\n \n \n \n \n \n \n \n \n \n \"We are pleased to share that the strong growth we delivered in eyeglass patient orders delivered in fiscal 2020 continued into the first quarter of 2021, with a record 41,000 patient orders delivered in the first quarter of 2021 versus 20,000 in Q4 2020,\" said\n \n Joseph Thompson\n \n , COO of KITS. \"This milestone reinforces that secular change is moving this industry towards convenience and value at an accelerated rate and vision corrected customers are taking advantage of our unique value proposition to acquire high quality glasses conveniently from their homes at incredible prices.\"\n \n \n KITS entered the\n \n $28 billion\n \n eyeglasses market in 2020 by offering existing vision corrected customers the opportunity to purchase high quality eyeglasses at incredible prices. KITS rapidly gained traction in this market, shipping 39,000 pairs of eyeglasses in the fiscal year.  In the fourth quarter of 2020 alone, KITS shipped 21,000 pairs of eyeglasses.\n \n \n To receive additional information, please visit KITS'\n \n invest...