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LUCY

LUCY - Innovative Eyewear, Inc. Stock Price, Fair Value and News

0.20USD0.00 (0.00%)Delayed as of 01 May 2024, 11:13 am ET

Market Summary

LUCY
USD0.200.00
Delayedas of 01 May 2024, 11:13 am
0.00%

LUCY Stock Price

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LUCY RSI Chart

LUCY Valuation

Market Cap

2.6M

Price/Earnings (Trailing)

-0.39

Price/Sales (Trailing)

2.24

Price/Free Cashflow

-0.44

LUCY Price/Sales (Trailing)

LUCY Profitability

Operating Margin

-10.35%

Return on Equity

-119.87%

Return on Assets

-107.15%

Free Cashflow Yield

-225.95%

LUCY Fundamentals

LUCY Revenue

Revenue (TTM)

1.2M

Rev. Growth (Yr)

818.1%

Rev. Growth (Qtr)

177.52%

LUCY Earnings

Earnings (TTM)

-6.7M

Earnings Growth (Yr)

-27.52%

Earnings Growth (Qtr)

-54.32%

Breaking Down LUCY Revenue

52 Week Range

0.21
(Low)(High)

Last 7 days

-20%

Last 30 days

-25.9%

Last 90 days

-53.5%

How does LUCY drawdown profile look like?

LUCY Financial Health

Current Ratio

8.99

LUCY Investor Care

Shares Dilution (1Y)

67.63%

Diluted EPS (TTM)

-0.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023568.7K533.9K603.8K1.2M
2022682.9K675.2K667.5K659.8K
2021000690.7K

Which funds bought or sold LUCY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
unchanged
-
-6,650
19,928
-%
Feb 26, 2024
Privium Fund Management B.V.
unchanged
-
-9,259
4,598
-%
Feb 26, 2024
Virtu Financial LLC
added
6.24
-2,000
8,000
-%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
sold off
-100
-13.00
-
-%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
new
-
105
105
-%
Feb 14, 2024
CLEAR STREET LLC
added
0.06
-18,000
9,000
-%
Feb 14, 2024
SABBY MANAGEMENT, LLC
sold off
-100
-13,454,000
-
-%
Feb 14, 2024
Hudson Bay Capital Management LP
reduced
-50.00
-28,267
6,103
-%
Feb 14, 2024
CITADEL ADVISORS LLC
sold off
-100
-20,337
-
-%
Feb 14, 2024
CITADEL ADVISORS LLC
reduced
-1.48
-3,626
1,952
-%

1–10 of 23

Are Funds Buying or Selling LUCY?

Are funds buying LUCY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LUCY
No. of Funds

Recent SEC filings of Innovative Eyewear, Inc.

View All Filings
Date Filed Form Type Document
Apr 29, 2024
8-K
Current Report
Apr 16, 2024
8-K
Current Report
Apr 15, 2024
424B5
Prospectus Filed
Mar 29, 2024
EFFECT
EFFECT
Mar 27, 2024
CORRESP
CORRESP
Mar 26, 2024
S-3/A
S-3/A
Mar 25, 2024
10-K
Annual Report
Feb 07, 2024
S-3
S-3

Peers (Alternatives to Innovative Eyewear, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
183.9B
40.1B
-6.77% -4.63%
32.13
4.58
-8.12% -17.45%
67.8B
19.5B
-5.19% -11.58%
53.96
3.48
4.02% -22.04%
21.2B
3.9B
-13.89% -11.01%
47.65
5.49
3.42% 23.09%
20.5B
14.8B
-5.55% -14.80%
7.72
1.38
2.12% 209.17%
MID-CAP
9.6B
3.5B
0.34% 19.07%
30.58
2.7
6.16% 35.06%
8.9B
12.3B
-8.26% -15.92%
21.4
0.72
-2.44% -22.68%
7.9B
2.7B
-22.01% -40.57%
-12.36
2.95
-4.68% 82.43%
6.2B
4.0B
-9.58% -29.21%
-46.27
1.57
1.10% 85.84%
3.4B
387.1M
-3.48% 13.50%
-213.32
8.77
30.82% 65.60%
2.3B
6.6B
-7.88% -6.70%
11.79
0.35
2.78% -0.87%
SMALL-CAP
1.3B
3.2B
-14.42% -16.17%
-1.93
0.41
7.73% -1066.14%
383.9M
166.7M
1.93% -0.42%
-4.64
2.3
6.67% -456.34%
231.9M
324.0M
-1.36% -32.67%
-1.21
0.72
-3.19% -337.41%
49.5M
52.3M
5.15% -61.35%
-2.65
0.95
17.61% 19.28%
3.6M
3.7M
-17.86% 283.33%
-0.3
0.96
5.77% 8.23%

Innovative Eyewear, Inc. News

Latest updates
Benzinga • 23 hours ago
Marketscreener.com • 17 Apr 2024 • 12:31 pm
PR Newswire • 25 Mar 2024 • 07:00 am

Innovative Eyewear, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q2
Revenue177.5%61622217014567.00152205236204171127
Cost Of Revenue462.4%796142200135264129161162-13094.00
Gross Profit-324.2%-18080.00-29.8210.00-19623.0043.0074.00-41.0033.00
Operating Expenses38.1%2,3151,6771,3041,4391,6801,3891,1901,263-1,132550
  S&GA Expenses115.4%1,150534104259513569392585-513271
  R&D Expenses-37.3%12119319715113230553.0036.00-9.0019.00
Interest Expenses---1.002.004.0038.0045.0018.00-10.0015.00
Net Income-54.3%-2,393-1,551-1,287-1,430-1,877-1,404-1,193-1,206-1,385-1,100-536
Net Income Margin43.2%-5.78*-10.18*-11.24*-10.39*-8.61*-7.78*-7.24*-6.19*-4.70*--
Free Cashflow22.4%-1,109-1,429-1,850-1,455-1,148-1,020-513-662---
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22021Q4
Assets-23.4%6,2198,1169,3405,1134,6906,4181,101824
  Current Assets-25.1%5,6177,5018,7704,5424,2416,102835644
    Cash Equivalents9.8%4,2873,9045,3563,4503,5914,97635.0080.00
  Inventory-31.3%53377666074395.00423325276
  Net PPE-25.6%13317812513812098.0053.0020.00
Liabilities39.3%6604743895636658512,453617
  Current Liabilities44.8%6244313315056008512,453617
    LT Debt, Current-----61.001661,938289
Shareholder's Equity-27.3%5,5597,6428,9514,5504,0245,567-208
  Retained Earnings-16.4%-16,969-14,575-13,024-11,736-10,305-8,428-7,024-4,624
  Additional Paid-In Capital1.4%22,52822,21821,97616,28714,33014,0005,6774,843
Shares Outstanding0%12,91712,91712,9177,7167,3076,6736,0606,060
Float---6,917-----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations16.4%-1,135-1,359-1,843-1,427-1,117-970-505-630---
  Share Based Compensation28.1%310242-40.18424335305417417---
Cashflow From Investing2251.6%2,010-93.42-1,978-136-64.52-57.67-15.09-82.66---
Cashflow From Financing-Infinity%-490-5,7291,423-2035,970513676---
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LUCY Income Statement

2023-12-31
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]  
Revenues, net$ 1,152,479$ 659,788
Less: Cost of Goods Sold(1,271,808)(716,077)
Gross Deficit(119,329)(56,289)
Operating Expenses:  
General and administrative(3,886,960)(2,796,669)
Sales and marketing(2,047,069)(2,059,012)
Research and development(662,184)(524,692)
Related party management fee(140,000)(140,000)
Total Operating Expenses(6,736,213)(5,520,373)
Other Income (Expense)195,150
Interest Expense(3,036)(105,171)
Total Other Income (Expense), net192,114(105,171)
Net Loss$ (6,663,428)$ (5,681,833)
Weighted average number of shares outstanding10,515,9956,528,959
Loss per share, basic$ (0.63)$ (0.87)
Loss per share, diluted$ (0.63)$ (0.87)

LUCY Balance Sheet

2023-12-31
BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 4,287,447$ 3,591,109
Accounts receivable, net of allowances of $25,772 and $92,646, respectively93,211110,258
Prepaid expenses313,648210,673
Inventory prepayment323,520197,750
Inventory533,23994,701
Due from Tekcapital and Affiliates6,256
Other current assets59,44736,240
Total Current Assets5,616,7684,240,731
Non-Current Assets  
Patent costs, net286,429137,557
Capitalized software costs110,073110,073
Property and equipment, net132,848119,744
Other non-current assets72,64481,779
TOTAL ASSETS6,218,7624,689,884
Current Liabilities  
Accounts payable and accrued expenses581,986275,660
Deferred revenue42,50030,000
Due to Tekcapital and Affiliates232,989
Related party convertible debt61,356
Total Current Liabilities624,486600,005
Non-Current Liabilities  
Deferred revenue35,45065,450
TOTAL LIABILITIES659,936665,455
Commitments and contingencies (Note 7)
Stockholders’ Equity  
Common stock (par value $0.00001, 50,000,000 shares authorized, and 12,917,239 and 7,307,157 shares issued and outstanding as of December 31, 2023 and 2022, respectively)12973
Additional paid-in capital22,528,11214,330,343
Accumulated deficit(16,969,415)(10,305,987)
TOTAL STOCKHOLDERS’ EQUITY5,558,8264,024,429
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 6,218,762$ 4,689,884
LUCY
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. In addition, the company launches an application, Lucyd app for iOS/Android users. It sells its products through various e-commerce, and retail store and distribution channels. Innovative Eyewear, Inc. has a license agreement with Lucyd Ltd. The company was incorporated in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. is a subsidiary of Lucyd Ltd.
 CEO
 WEBSITElucyd.co
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES9

Innovative Eyewear, Inc. Frequently Asked Questions


What is the ticker symbol for Innovative Eyewear, Inc.? What does LUCY stand for in stocks?

LUCY is the stock ticker symbol of Innovative Eyewear, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Innovative Eyewear, Inc. (LUCY)?

As of Tue Apr 30 2024, market cap of Innovative Eyewear, Inc. is 2.59 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LUCY stock?

You can check LUCY's fair value in chart for subscribers.

What is the fair value of LUCY stock?

You can check LUCY's fair value in chart for subscribers. The fair value of Innovative Eyewear, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Innovative Eyewear, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LUCY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Innovative Eyewear, Inc. a good stock to buy?

The fair value guage provides a quick view whether LUCY is over valued or under valued. Whether Innovative Eyewear, Inc. is cheap or expensive depends on the assumptions which impact Innovative Eyewear, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LUCY.

What is Innovative Eyewear, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 30 2024, LUCY's PE ratio (Price to Earnings) is -0.39 and Price to Sales (PS) ratio is 2.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LUCY PE ratio will change depending on the future growth rate expectations of investors.