Grufity logoGrufity logo

Vuzix Corp Stock Research

VUZI

4.06USD+0.14(+3.57%)Market Closed

Market Summary

USD4.06+0.14
Market Closed
3.57%

VUZI Stock Price

VUZI RSI Chart

VUZI Valuation

Market Cap

257.1M

Price/Earnings (Trailing)

-6.31

Price/Sales (Trailing)

21.72

EV/EBITDA

-4.73

Price/Free Cashflow

-9.8

VUZI Price/Sales (Trailing)

VUZI Profitability

Operating Margin

12.53%

EBT Margin

-344.41%

Return on Equity

-34.92%

Return on Assets

-30.81%

Free Cashflow Yield

-10.21%

VUZI Fundamentals

VUZI Revenue

Revenue (TTM)

11.8M

Revenue Y/Y

-12.55%

Revenue Q/Q

-15.43%

VUZI Earnings

Earnings (TTM)

-40.8M

Earnings Y/Y

6.39%

Earnings Q/Q

-13.53%

Price Action

52 Week Range

3.2710.49
(Low)(High)

Last 7 days

1.5%

Last 30 days

-9.6%

Last 90 days

11.2%

Trailing 12 Months

-39.0%

VUZI Financial Health

Current Ratio

5.97

VUZI Investor Care

Buy Backs (1Y)

0.55%

Diluted EPS (TTM)

-0.64

Peers (Alternatives to Vuzix)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.3B
33.7B
6.35% 23.73%
5.86
0.99
16.58% 25.40%
18.4B
4.9B
-1.92% -17.27%
18.88
3.78
-2.46% -10.04%
12.8B
16.2B
6.66% 27.56%
4.89
0.79
16.53% 34.48%
MID-CAP
6.9B
19.7B
-9.42% -28.13%
-4.52
0.35
-10.28% -185.19%
6.8B
11.7B
-11.44% -29.35%
267.81
0.58
4.79% -97.56%
6.1B
5.0B
-2.50% -1.82%
10.99
1.22
43.67% 71.59%
4.8B
9.5B
-17.98% -46.26%
24.42
0.51
-10.67% -68.33%
2.5B
1.8B
-1.88% -29.88%
128.55
1.39
1.43% -87.25%
2.1B
2.2B
-20.26% -54.45%
14.54
0.98
0.90% -28.74%
SMALL-CAP
1.2B
1.2B
3.95% -35.53%
-4.18
1.01
-24.38% -1042.07%
757.3M
1.1B
-8.47% -42.21%
26.25
0.69
-5.82% -92.23%
257.1M
11.8M
-9.58% -39.04%
-6.31
21.72
-10.10% -0.96%
156.1M
248.7M
18.32% -53.75%
-4.91
0.63
-36.20% -207.76%
118.7M
542.8M
-34.36% -70.72%
291.68
0.22
-9.78% -92.32%

Financials for Vuzix

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-3.4%11,835,63212,251,63211,843,58311,752,36313,164,701
Cost Of Revenue10.3%10,352,7569,387,6249,451,8349,207,03010,714,088
Gross Profit-15.6%1,807,3632,142,3631,670,1041,823,3162,263,962
Operating Expenses-1.9%43,715,39744,559,49644,493,69943,853,59842,430,952
  S&GA Expenses5.4%8,078,5387,668,0757,340,3406,838,9346,118,929
  R&D Expenses-1.6%12,676,68812,888,79612,845,22912,573,07911,674,954
EBITDA-0.2%-38,974,989-38,884,903-37,429,792-42,933,835-
EBITDA Margin-3.8%-3.29-3.17-3.16-3.65-
Earnings Before Taxes1.8%-40,763,573-41,497,438-42,507,987-41,731,791-40,377,160
EBT Margin-1.7%-3.44-3.39-3.37-3.80-
Net Income1.8%-40,763,668-41,497,668-42,508,217-41,731,549-40,376,918
Net Income Margin-1.7%-3.44-3.39-3.37-3.33-
Free Cahsflow16.5%-26,244,704-31,426,485-31,483,652-31,045,906-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-4.6%132139146140148
  Current Assets-16.3%91.00109117129137
    Cash Equivalents-19.7%73.0090.00101113120
  Inventory-7.9%11.0012.0012.0013.0012.00
  Net PPE-59.3%4.0010.008.005.005.00
Liabilities18.5%16.0013.0014.003.005.00
  Current Liabilities85.9%15.008.008.003.004.00
Shareholder's Equity-7.1%117126132137144
  Retained Earnings-4.6%-243-233-223-213-203
  Additional Paid-In Capital1.0%363359355351347
Accumulated Depreciation4.0%7.006.006.00--
Shares Outstanding-0.7%63.0064.0064.0064.0064.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations5.7%-24.52-26.01-24.89-27.49-26.98
  Share Based Compensation-4.3%16.0016.0017.0017.0017.00
Cashflow From Investing-73.5%-21.17-12.20-12.02-4.42-4.85
Cashflow From Financing-1099.9%-1.95-0.16-0.1213.00116
  Buy Backs-33.3%0.001.001.00--

Risks for VUZI

What is the probability of a big loss on VUZI?

100%


Probability that Vuzix stock will be more than 20% underwater in next one year

95.8%


Probability that Vuzix stock will be more than 30% underwater in next one year.

93.8%


Probability that Vuzix stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does VUZI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Vuzix was unfortunately bought at previous high price.

Drawdowns

Returns for VUZI

Cumulative Returns on VUZI

-0.2%


10-Year Cumulative Returns

-5.0%


7-Year Cumulative Returns

-8.8%


5-Year Cumulative Returns

51.8%


3-Year Cumulative Returns

What are the long-term rolling returns for VUZI?

FIve years rolling returns for Vuzix.

Annualized Returns

Which funds bought or sold VUZI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-1.03
-213,243
349,757
0.01%
2023-03-10
BAILLIE GIFFORD & CO
unchanged
-
-1,637
3,363
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-5,000
8,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-48,576
82,424
-%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
10,949
10,949
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-88.89
-909
91.00
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
unchanged
-
-18,446
19,554
-%
2023-02-15
JANE STREET GROUP, LLC
new
-
640,833
640,833
-%
2023-02-15
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-726
1,274
-%
2023-02-15
Toroso Investments, LLC
sold off
-100
-516,000
-
-%

1–10 of 39

Latest Funds Activity

Are funds buying VUZI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own VUZI
No. of Funds

Vuzix News

Nasdaq

Vuzix (VUZI) Upgraded to Buy: Here's What You Should Know.

Nasdaq,
2 days ago

Zacks Investment Research

Yahoo Finance

Marketscreener.com

The Motley Fool

Investing.com India

DataDrivenInvestor

The Motley Fool

Why Vuzix Stock Blasted Higher Today.

The Motley Fool,
2 months ago

Schedule 13G FIlings of Vuzix

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
5.03%
3,204,553
SC 13G
Feb 07, 2023
state street corp
5.48%
3,495,529
SC 13G/A
Feb 01, 2023
blackrock inc.
6.3%
4,024,678
SC 13G/A
Feb 10, 2022
state street corp
4.81%
3,062,499
SC 13G/A
Feb 09, 2022
ark investment management llc
11.38%
7,240,700
SC 13G/A
Feb 04, 2022
blackrock inc.
7.1%
4,538,281
SC 13G
Sep 10, 2021
ark investment management llc
11.55%
7,346,922
SC 13G
Jul 12, 2021
state street corp
3.54%
2,235,308
SC 13G/A
Feb 11, 2021
hudson bay capital management lp
3.91%
1,739,727
SC 13G/A
Feb 11, 2021
state street corp
11.32%
4,835,890
SC 13G

VUZI Fair Value

Vuzix fair value in different scenarios

The table shows the Fair Value estimates for Vuzix for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.60

-85.22%

0.66

-83.74%

0.84

-79.31%

1.20

-70.44%

1.66

-59.11%
Current Inflation

0.59

-85.47%

0.65

-83.99%

0.80

-80.30%

1.10

-72.91%

1.51

-62.81%
Very High Inflation

0.58

-85.71%

0.63

-84.48%

0.75

-81.53%

1.00

-75.37%

1.32

-67.49%

Historical Vuzix Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Vuzix

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 06, 2023
S-3
S-3
Mar 03, 2023
8-K
Current Report
Mar 01, 2023
10-K
Annual Report
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G
Major Ownership Report
Feb 07, 2023
SC 13G/A
Major Ownership Report
Feb 01, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for VUZI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-14
Travers Paul J
bought
9,895
3.8699
2,557
president and ceo
2023-03-13
Travers Paul J
bought
9,958
3.83
2,600
president and ceo
2023-03-10
Jameson Peter Hamilton
bought
9,854
3.79
2,600
chief operating officer
2022-12-14
Rajgopal Raj
bought
26,850
4.0899
6,565
-
2022-12-13
Kay Edward William Jr.
bought
31,125
4.15
7,500
-
2022-12-01
Russell Grant
bought
20,892
4.1784
5,000
cfo and executive vp
2022-11-29
Harned Timothy Heydenreich
bought
12,035
4.0119
3,000
-
2022-11-21
Travers Paul J
bought
19,554
4.44424
4,400
president and ceo
2022-06-15
Arvani Azita
acquired
-
-
17,730
-
2022-06-15
Rajgopal Raj
acquired
-
-
17,730
-

1–10 of 50

Paul J. Travers
110
Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and Vuzix Shield smart glasses, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores in Europe and Japan. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.

VUZI Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sales:   
Total Sales$ 11,835,882$ 13,164,933$ 11,581,496
Cost of Sales:   
Cost of Sales - Depreciation and Amortization799,3171,321,4671,512,979
Total Cost of Sales10,352,75611,596,44310,983,538
Gross Profit1,483,1261,568,490597,958
Operating Expenses:   
Research and Development12,676,68811,674,9547,568,074
Selling and Marketing8,078,5386,118,9294,039,772
General and Administrative21,038,56222,502,8336,915,213
Depreciation and Amortization1,788,584988,1041,128,831
Loss on Fixed Asset Disposal35,350183,6140
Impairment of Patents and Trademarks97,67580,16373,532
Total Operating Expenses43,715,39741,548,59719,725,422
Loss From Operations(42,232,271)(39,980,107)(19,127,464)
Other Income (Expense):   
Investment Income1,395,57953,51141,120
Income and Other Taxes(212,997)(307,368)(103,833)
Foreign Exchange Loss(180,589)(143,196)(67,895)
Employee Retention Credit Refund466,705  
Gain on Debt Extinguishment, net of Loss on Note Receivable  1,305,900
Total Other Income (Expense), Net1,468,698(397,053)1,175,292
Loss Before Provision for Income Taxes(40,763,573)(40,377,160)(17,952,172)
Provision for Income Taxes
Net Loss(40,763,573)(40,377,160)(17,952,172)
Preferred Stock Dividends - Accrued not Paid  (2,056,150)
Loss Attributable to Common Stockholders$ (40,763,573)$ (40,377,160)$ (20,008,322)
Basic Loss per Common Share$ (0.64)$ (0.66)$ (0.53)
Diluted Loss per Common Share$ (0.64)$ (0.66)$ (0.53)
Weighted-average Shares Outstanding - Basic63,708,98661,125,21538,109,765
Weighted-average Shares Outstanding - Diluted63,708,98661,125,21538,109,765
Sales of Products   
Sales:   
Total Sales$ 10,505,763$ 12,784,600$ 10,081,209
Cost of Sales:   
Cost of Sales8,737,8529,709,2687,914,686
Inventory Reserve for Obsolescence   
Cost of Sales:   
Cost of Sales290,405519,9501,273,835
Sales of Engineering Services   
Sales:   
Total Sales1,330,119380,3331,500,287
Cost of Sales:   
Cost of Sales$ 525,182$ 45,758$ 282,038

VUZI Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets  
Cash and Cash Equivalents$ 72,563,943$ 120,203,873
Accounts Receivable3,558,9712,242,429
Accrued Revenues in Excess of Billings269,129 
Employee Retention Credit Receivable466,705 
Inventories, Net11,267,96912,151,982
Manufacturing Vendor Prepayments998,671504,051
Prepaid Expenses and Other Assets2,115,8532,047,819
Total Current Assets91,241,241137,150,154
Long-Term Assets  
Fixed Assets, Net3,878,5055,190,438
Operating Lease Right-of-Use Asset956,1651,117,022
Patents and Trademarks, Net2,220,0941,988,370
Technology Licenses, Net30,158,6891,389,936
Intangible Asset, Net675,313147,548
Goodwill1,601,400 
Other Assets, Net1,581,1431,483,589
Total Assets132,312,550148,467,057
Current Liabilities  
Accounts Payable1,211,7472,054,762
Unearned Revenue29,06427,797
Accrued Expenses1,670,5391,419,308
Licensing Fees Commitment11,500,000 
Income and Other Taxes Payable214,997120,242
Operating Lease Right-of-Use Liability651,011534,146
Total Current Liabilities15,277,3584,156,255
Long-Term Liabilities  
Operating Lease Right-of-Use Liability305,154582,876
Total Liabilities15,582,5124,739,131
Stockholders' Equity  
Common Stock - $0.001 Par Value, 100,000,000 shares authorized; 63,783,779 shares issued and 63,319,107 shares outstanding as of December 31, 2022 and 63,672,268 shares issued and outstanding as of December 31, 2021.63,78363,672
Additional Paid-in Capital362,507,715346,736,397
Accumulated Deficit(243,835,716)(203,072,143)
Treasury Stock, at cost, 464,672 shares as of December 31, 2022 and 0 shares as of December 31, 2021(2,005,744) 
Total Stockholders' Equity116,730,038143,727,926
Total Liabilities and Stockholders' Equity$ 132,312,550$ 148,467,057