See more : Humatech, Inc. (HUMT) Income Statement Analysis – Financial Results
Complete financial analysis of Innovative Eyewear, Inc. (LUCY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Innovative Eyewear, Inc., a leading company in the Medical – Instruments & Supplies industry within the Healthcare sector.
You may be interested
- SK Square Co., Ltd. (402340.KS) Income Statement Analysis – Financial Results
- Focus Minerals Limited (FCSUF) Income Statement Analysis – Financial Results
- Dolby Laboratories, Inc. (DLB) Income Statement Analysis – Financial Results
- Japan Real Estate Investment Corporation (8952.T) Income Statement Analysis – Financial Results
- M.C.S. Steel Public Company Limited (MCS-R.BK) Income Statement Analysis – Financial Results
Innovative Eyewear, Inc. (LUCY)
About Innovative Eyewear, Inc.
Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. The company sells its products through various e-commerce and retail distribution channels. Innovative Eyewear, Inc. has a partnership with Lucyd. The company was founded in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. operates as a subsidiary of Lucyd Ltd.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 1.15M | 659.79K | 690.67K | 57.00K | 4.82K |
| Cost of Revenue | 1.27M | 716.08K | 542.42K | 74.27K | 7.74K |
| Gross Profit | -119.33K | -56.29K | 148.25K | -17.27K | -2.91K |
| Gross Profit Ratio | -10.35% | -8.53% | 21.47% | -30.30% | -60.44% |
| Research & Development | 662.18K | 524.69K | 86.26K | 36.89K | 4.08K |
| General & Administrative | 4.07M | 2.80M | 1.39M | 316.12K | 43.40K |
| Selling & Marketing | 2.05M | 2.06M | 1.77M | 152.73K | 2.92K |
| SG&A | 6.07M | 4.86M | 3.16M | 468.85K | 46.32K |
| Other Expenses | 0.00 | 140.00K | 109.98K | 130.00K | 56.11K |
| Operating Expenses | 6.54M | 5.52M | 3.35M | 635.74K | 106.51K |
| Cost & Expenses | 8.01M | 6.24M | 3.90M | 710.01K | 114.25K |
| Interest Income | 0.00 | 105.17K | 39.43K | 4.97K | 0.00 |
| Interest Expense | 3.04K | 105.17K | 39.43K | 4.97K | 0.00 |
| Depreciation & Amortization | 85.26K | 32.57K | 7.68K | 994.00 | 262.63K |
| EBITDA | -6.58M | -5.54M | -3.20M | -762.22K | -109.43K |
| EBITDA Ratio | -570.52% | -840.28% | -462.94% | -1,140.23% | -2,269.80% |
| Operating Income | -6.90M | -5.58M | -3.21M | -650.89K | -109.43K |
| Operating Income Ratio | -598.76% | -845.22% | -464.05% | -1,141.97% | -2,269.80% |
| Total Other Income/Expenses | 237.11K | -105.17K | -39.43K | -115.18K | -153.20K |
| Income Before Tax | -6.66M | -5.68M | -3.24M | -768.18K | -109.43K |
| Income Before Tax Ratio | -578.18% | -861.16% | -469.76% | -1,347.76% | -2,269.80% |
| Income Tax Expense | 0.00 | 105.17K | 39.43K | 7.09K | -262.63K |
| Net Income | -6.66M | -5.68M | -3.24M | -768.18K | -262.63K |
| Net Income Ratio | -578.18% | -861.16% | -469.76% | -1,347.76% | -5,447.52% |
| EPS | -12.67 | -17.41 | -12.37 | -5.19 | -2.64 |
| EPS Diluted | -12.67 | -17.41 | -12.37 | -5.19 | -2.64 |
| Weighted Avg Shares Out | 525.80K | 326.45K | 262.28K | 148.01K | 99.45K |
| Weighted Avg Shares Out (Dil) | 525.80K | 326.45K | 262.28K | 148.01K | 99.45K |
Innovative Eyewear Launches Four New Lucyd Lyte Smart Glasses with Enhanced Features
New smart eyewear is the Company's first to use advanced TR90 plastic for improved adjustability and durability. MIAMI , Nov. 25, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer®...
Innovative Eyewear Inc. Reports Third Quarter 2024 Financial Results
Revenue Increased 14% in Q3 2024 vs Q3 2023, and 76% on a Year-to-Date Basis vs 2023 MIAMI , Nov. 13, 2024 /PRNewswire/ -- Innovative Eyewear Inc., (NASDAQ: LUCY, LUCYW), a developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer®...
Innovative Eyewear, Inc. Announces Lucyd Smart Eyewear Now Sold at Nebraska Furniture Mart
MIAMI , Nov. 5, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or "the Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that the full range of Lucyd, and...
Innovative Eyewear Launches First ANSI-Certified Smart Safety Glasses for All-day Wear
Revolutionary Eyewear Integrates Advanced AI Features with Certified Safety Standards for Industrial Use MIAMI , Oct. 29, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok®...
Innovative Eyewear, Inc. Announces Notice of Patent Allowance on Modular Smart Eyewear Technology
MIAMI , Oct. 24, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or "the Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, received on October 23 rd, a notice of...
Innovative Eyewear Launches First-Ever Generative AI Eyewear Fashion Show
MIAMI , Oct. 14, 2024 /PRNewswire/ -- Innovative Eyewear (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer®, and Reebok® brands, today announced the launch of the first generative AI fashion show for eyewear. In...
Innovative Eyewear, Inc. Adopts Limited Duration Stockholders Rights Plan
MIAMI , Sept. 25, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that its Board of Directors has approved the...
Innovative Eyewear, Inc. Announces Exercise of Warrants for $2.6 Million Gross Proceeds
MIAMI , Sept. 23, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (Nasdaq: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the entry into definitive agreements for the immediate...
Innovative Eyewear to Unveil ANSI-Certified Smart Safety Eyewear at Vision Expo West
MIAMI , Sept. 17, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce the unveiling of...
Innovative Eyewear Secures Distribution Deal for Gulf Cooperation Council (GCC) Countries
MIAMI , Sept. 5, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, is pleased to announce a significant expansion...
Source: https://incomestatements.info
Category: Stock Reports