VUZI - Vuzix Stock

Market Summary

USD3.470.00

Market Closed

0.00%

VUZI Stock Price

VUZI RSI Chart

VUZI Valuation

Market Cap

219.7M

Price/Earnings (Trailing)

-5.56

Price/Sales (Trailing)

14.96

EV/EBITDA

-4.7

Price/Free Cashflow

-8.27

VUZI Price/Sales (Trailing)

VUZI Profitability

Operating Margin

3.00%

EBT Margin

-342.16%

Return on Equity

-37.03%

Return on Assets

-33.07%

Free Cashflow Yield

-12.1%

VUZI Fundamentals

VUZI Revenue

Revenue (TTM)

14.7M

Revenue Y/Y

55.96%

Revenue Q/Q

61.86%

VUZI Earnings

Earnings (TTM)

-39.5M

Earnings Y/Y

9.75%

Earnings Q/Q

11.68%

Price Action

52 Week Range

3.276.40

(Low)(High)

Last 7 days

-1.1%

Last 30 days

-13.9%

Last 90 days

-31.8%

Trailing 12 Months

-38.6%

VUZI Financial Health

Current Ratio

6.21

VUZI Investor Care

Buy Backs (1Y)

0.66%

Diluted EPS (TTM)

-0.62

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

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Latest Insider Trading transactions for VUZI

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-08-16	Kay Edward William Jr.	bought	42,300	4.23	10,000	-
2023-07-10	Arvani Azita	acquired	-	-	19,305	-
2023-07-10	Kay Edward William Jr.	acquired	-	-	19,305	-
2023-07-10	Green Emily Nagle	acquired	-	-	19,305	-
2023-07-10	Harned Timothy Heydenreich	acquired	-	-	19,305	-
2023-07-10	Rajgopal Raj	acquired	-	-	19,305	-
2023-05-16	Harned Timothy Heydenreich	bought	9,538	3.8155	2,500	-
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

Which funds bought or sold VUZI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-09-20	BARCLAYS PLC	reduced	-60.85	-64,000	60,000	-%
2023-09-13	CGC Financial Services, LLC	new	-	5,279	5,279	-%
2023-08-23	WOLVERINE TRADING, LLC	reduced	-27.71	-2,199	66,801	-%
2023-08-21	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-73.87	-210,997	100,149	-%
2023-08-21	OSAIC HOLDINGS, INC.	reduced	-3.19	117,932	733,579	-%
2023-08-18	Legato Capital Management LLC	added	143	556,849	835,268	0.11%
2023-08-16	GTS SECURITIES LLC	new	-	228,046	228,046	0.01%
2023-08-16	Verity Asset Management, Inc.	reduced	-23.21	-14,322	250,634	0.19%
2023-08-16	Nuveen Asset Management, LLC	unchanged	-	153,902	818,902	-%
2023-08-15	Belpointe Asset Management LLC	sold off	-100	-48,190	-	-%

Latest Funds Activity

Are funds buying VUZI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own VUZI

No. of Funds

Schedule 13G FIlings of Vuzix

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jul 10, 2023	ark investment management llc	10.16%	6,425,119	SC 13G/A
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	state street corp	11.32%	4,835,890	SC 13G

Recent SEC filings of Vuzix

View All Filings

Date Filed	Form Type	Document
Aug 17, 2023	4	Insider Trading
Aug 10, 2023	8-K	Current Report
Aug 08, 2023	10-Q	Quarterly Report
Jul 17, 2023	4	Insider Trading
Jul 14, 2023	4	Insider Trading
Jul 14, 2023	4	Insider Trading
Jul 13, 2023	4	Insider Trading
Jul 13, 2023	4	Insider Trading
Jul 10, 2023	SC 13G/A	Major Ownership Report
Jun 21, 2023	8-K	Current Report

Peers (Alternatives to Vuzix)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DHI	36.3B	34.6B	-6.51%	57.47%	7.44	1.05	8.28%	-12.38%
GRMN	19.8B	4.9B	-0.12%	25.39%	19.88	4.02	-1.64%	-2.00%
PHM	16.3B	16.9B	-5.05%	93.27%	5.89	0.96	13.54%	23.01%
MID-CAP
BLD	7.8B	5.1B	-10.50%	58.26%	13.04	1.51	18.28%	38.33%
WHR	7.2B	19.1B	-2.87%	-4.17%	-4.61	0.37	-10.19%	-317.37%
MHK	6.0B	11.3B	-11.68%	-5.10%	-18.89	0.53	-3.59%	-132.36%
NWL	3.6B	8.5B	-16.00%	-39.75%	-11.36	0.42	-18.72%	-142.43%
HELE	2.8B	2.0B	-4.62%	8.49%	19.67	1.36	-6.89%	-26.19%
SONO	1.6B	1.7B	-7.89%	-9.48%	-37.51	0.97	-7.19%	-135.13%
SMALL-CAP
IRBT	1.0B	1.0B	-3.22%	-34.19%	-2.8	1.01	-28.44%	-677.98%
GPRO	486.9M	1.0B	-15.55%	-36.87%	-18.42	0.47	-11.34%	-107.10%
VUZI	219.7M	14.7M	-13.90%	-38.58%	-5.56	14.96	24.01%	7.03%
HEAR	158.2M	251.6M	-14.42%	38.91%	-2.73	0.63	-10.99%	-237.63%
UEIC	111.2M	487.0M	-2.70%	-55.57%	-1.56	0.23	-14.87%	-891.33%

Vuzix News

Returns for VUZI

Cumulative Returns on VUZI

4.6%

10-Year Cumulative Returns

-13.1%

7-Year Cumulative Returns

-11.2%

5-Year Cumulative Returns

-5.4%

3-Year Cumulative Returns

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.

93.5%

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

Financials for Vuzix

Income Statement (Last 12 Months)

Income Statement (Last 12 Months)
Description	(%) Q/Q	2023Q2	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1
Revenue	24.1%	14,687,780	11,835,758	12,251,758	11,843,758	11,753,000	13,165,000	14,084,000	13,844,000	13,964,000	11,581,000	9,301,000	7,681,000	6,830,000	6,671,000	6,697,000	7,461,000	7,923,000	8,094,000	7,712,000	7,194,000	5,871,000
Cost Of Revenue	21.9%	12,616,827	10,352,756	10,594,044	10,658,254	10,253,071	11,596,443	12,656,441	12,464,380	12,368,137	10,983,538	12,443,955	11,403,543	11,196,442	11,078,725	6,437,068	6,349,209	6,292,797	6,326,086	6,547,224	6,741,845	6,519,183
Gross Profit	74.7%	2,590,392	1,483,077	1,597,077	1,092,077	1,185,668	1,570,000	1,953,000	1,606,000	1,711,000	599,000	-4,141,000	-4,388,000	-4,700,000	-4,408,000	261,000	1,113,000	1,631,000	1,768,000	1,164,000	451,000	-648,000
Operating Expenses	2.6%	44,862,679	43,715,397	43,353,076	43,287,279	42,807,557	41,548,597	34,895,721	29,224,091	24,471,217	19,725,422	20,806,472	21,000,686	21,188,325	22,158,121	22,813,447	22,986,909	24,489,894	23,629,076	23,239,174	23,205,798	20,031,862
S&GA Expenses	14.0%	9,213,535	8,078,538	7,668,075	7,340,340	6,838,934	6,118,929	5,459,532	4,742,725	4,190,393	4,039,772	4,084,793	3,924,562	3,950,454	4,215,611	3,791,300	3,981,619	4,704,030	4,822,639	5,000,486	4,942,989	4,198,158
R&D Expenses	-1.5%	12,483,450	12,676,688	12,888,796	12,845,229	12,573,079	11,674,954	10,200,935	8,678,060	7,750,334	7,568,074	7,754,400	8,216,935	8,407,796	8,900,837	10,060,379	10,192,050	10,769,040	10,378,728	9,420,843	8,458,701	7,093,522
EBITDA	100.0%	-	-38,974,989	-38,884,903	-37,429,792	-42,933,835	-38,506,701	-27,946,053	-24,560,405	-16,902,355	-15,493,486	-21,375,161	-22,096,982	-22,946,996	-24,034,585	-20,136,929	-	-	-	-	-	-
EBITDA Margin	100.0%	-	-3.29	-3.17	-3.16	-3.65	-2.92	-1.98	-1.77	-1.21	-1.34	-2.30	-2.88	-3.36	-3.60	-3.01	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	204	3,141	10,118	19,332	29,512	39,167	56,481
Earnings Before Taxes	3.0%	-39,521,408	-40,763,573	-41,497,438	-42,507,987	-41,731,791	-40,377,160	-32,475,462	-26,748,724	-21,741,918	-17,952,172	-23,945,085	-24,660,965	-25,478,233	-26,476,370	-22,456,244	-21,777,310	-22,869,819	-21,875,713	-22,191,313	-22,895,799	-20,817,455
EBT Margin	100.0%	-	-3.44	-3.39	-3.37	-3.80	-3.07	-2.13	-1.93	-1.38	-1.55	-2.57	-3.21	-3.73	-3.97	-3.35	-	-	-	-	-	-
Net Income	3.0%	-39,521,503	-40,763,669	-41,497,669	-42,508,669	-41,732,001	-40,377,000	-32,474,000	-26,747,000	-21,741,000	-17,952,000	-23,945,000	-24,661,000	-25,478,000	-26,476,000	-22,457,000	-21,778,000	-22,870,000	-21,876,000	-22,191,000	-22,895,000	-20,817,000
Net Income Margin	100.0%	-	-3.44	-3.39	-3.37	-3.33	-2.68	-1.95	-1.75	-1.38	-1.55	-2.57	-3.21	-3.73	-3.97	-3.35	-	-	-	-	-	-
Free Cashflow	100.0%	-	-26,244,704	-31,426,485	-31,483,652	-31,045,906	-30,789,679	-25,235,341	-19,164,294	-16,277,467	-14,460,682	-16,493,526	-20,408,114	-22,074,694	-24,253,791	-24,574,476	-	-	-	-	-	-

Balance Sheet
(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	-9.7%	110,563	122,473	132,313	138,758	145,895	140,350	148,467	155,467	159,709	151,453	52,471	42,055	31,102	23,028	28,446	36,350	23,006	28,412	35,134	39,177	43,667
Current Assets	-14.5%	68,321	79,911	91,241	109,011	116,941	129,497	137,150	143,988	151,035	144,089	45,055	34,217	22,923	14,307	19,074	28,047	14,423	19,655	27,383	33,338	37,674
Cash Equivalents	-23.2%	48,582	63,236	72,564	90,374	100,582	113,330	120,204	128,747	137,604	132,722	36,070	24,939	13,229	6,143	10,606	15,641	3,360	10,086	17,264	23,472	29,151
Inventory	0.1%	10,870	10,862	11,268	12,229	11,792	12,559	12,152	9,880	7,884	6,959	6,101	6,563	6,256	5,668	5,708	8,809	8,428	8,110	7,282	6,803	5,274
Net PPE	11.0%	6,814	6,140	3,879	9,524	8,051	5,042	5,190	5,339	2,902	2,714	2,837	3,217	3,502	3,880	4,328	4,598	4,615	4,517	4,292	4,075	4,146
Goodwill	0%	1,601	1,601	1,601	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	-46.4%	7,024	13,093	15,583	13,150	14,359	3,394	4,739	4,338	3,966	4,517	4,168	5,046	4,968	3,939	4,206	2,757	3,215	3,902	4,677	3,582	4,707
Current Liabilities	-46.9%	6,825	12,864	15,277	8,218	7,791	2,940	4,156	3,650	3,129	3,575	3,095	3,258	2,814	2,499	2,635	2,725	3,051	3,575	4,677	3,582	4,707
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	945	684	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	611	872	-	-	-	-	-	-	-	-
Shareholder's Equity	-5.3%	103,539	109,379	116,730	125,609	131,536	136,956	143,728	151,129	155,742	146,936	48,303	37,009	26,134	19,089	24,240	33,593	19,790	24,511	30,457	35,595	38,961
Retained Earnings	-3.6%	-263,121	-254,076	-243,835	-233,076	-223,599	-213,578	-203,072	-191,579	-181,091	-171,846	-162,694	-159,103	-154,343	-150,104	-144,742	-135,158	-129,682	-124,626	-118,266	-112,702	-107,904
Additional Paid-In Capital	0.9%	369,073	365,868	362,508	358,873	355,323	350,721	346,736	342,645	336,771	318,720	210,952	196,070	180,438	169,160	168,950	168,719	149,445	149,109	148,696	148,270	146,838
Shares Outstanding	0.2%	63,319	63,208	63,319	63,740	63,740	63,695	63,672	63,521	63,071	54,142	45,645	39,837	34,735	33,129	33,129	29,412	27,602	27,596	27,183	27,505	26,814

Cashflow (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-15.0%	-25.59	-22.25	-24.52	-26.01	-24.89	-27.49	-26.98	-21.61	-18.20	-15.69	-13.96	-15.56	-19.54	-20.68	-22.36	-22.66	-21.47	-21.95	-22.54	-22.31	-21.67
Share Based Compensation	-6.9%	14.00	15.00	16.00	16.00	17.00	17.00	17.00	14.00	11.00	7.00	3.00	2.00	2.00	1.00	1.00	2.00	2.00	2.00	2.00	3.00	2.00
Cashflow From Investing	5.6%	-24.21	-25.65	-21.17	-12.20	-12.02	-4.42	-4.85	-4.66	-2.08	-1.87	-1.49	-1.89	-1.58	-2.12	-3.16	-4.03	-4.32	-4.04	-3.15	-2.56	-2.88
Cashflow From Financing	-0.2%	-2.20	-2.20	-1.95	-0.16	-0.12	13.00	116	130	145	176	41.00	29.00	38.00	-	19.00	19.00	-	-	28.00	40.00	48.00
Buy Backs	0%	1.00	1.00	-	0.00	1.00	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

VUZI Income Statement

2023-06-30

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Sales:
Total Sales	$ 4,690,835	$ 3,007,758	$ 8,882,196	$ 5,510,810
Cost of Sales:
Cost of Sales - Depreciation and Amortization	257,939	231,163	490,855	454,949
Total Cost of Sales	3,718,449	2,742,349	7,033,804	4,769,733
Gross Profit	972,386	265,409	1,848,392	741,077
Operating Expenses:
Research and Development	2,836,552	2,996,144	5,906,349	6,099,588
Selling and Marketing	2,509,922	1,850,595	5,049,581	3,914,584
General and Administrative	4,260,322	5,039,949	9,392,146	10,453,228
Depreciation and Amortization	973,222	379,702	1,937,487	638,946
Impairment of Patents and Trademarks			17,666	49,602
Total Operating Expenses	10,580,018	10,266,390	22,303,229	21,155,948
Loss From Operations	(9,607,632)	(10,000,981)	(20,454,837)	(20,414,871)
Other Income (Expense):
Investment Income	628,923	111,027	1,324,706	117,307
Income and Other Taxes	(35,420)	(31,326)	(123,215)	(78,959)
Foreign Exchange Loss	(30,791)	(100,388)	(32,157)	(151,145)
Total Other Income (Expense), Net	562,712	(20,687)	1,169,334	(112,797)
Loss Before Provision for Income Taxes	(9,044,920)	(10,021,668)	(19,285,503)	(20,527,668)
Net Loss	$ (9,044,920)	$ (10,021,668)	$ (19,285,503)	$ (20,527,668)
Basic Loss per Common Share	$ (0.14)	$ (0.16)	$ (0.31)	$ (0.32)
Diluted Loss per Common Share	$ (0.14)	$ (0.16)	$ (0.31)	$ (0.32)
Weighted-average Shares Outstanding - Basic	63,230,859	63,739,863	63,223,768	63,717,618
Weighted-average Shares Outstanding - Diluted	63,230,859	63,739,863	63,223,768	63,717,618
Sales of Products
Sales:
Total Sales	$ 4,425,162	$ 2,898,892	$ 8,616,523	$ 5,401,944
Cost of Sales:
Cost of Sales	3,303,979	2,451,890	6,386,418	4,255,488
Sales of Engineering Services
Sales:
Total Sales	265,673	108,866	265,673	108,866
Cost of Sales:
Cost of Sales	$ 156,531	$ 59,296	$ 156,531	$ 59,296

VUZI Balance Sheet

2023-06-30

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 48,582,005	$ 72,563,943
Accounts Receivable, Net	6,545,608	3,558,971
Accrued Revenues in Excess of Billings	309,762	269,129
Employee Retention Credit Receivable		466,705
Inventories, Net	10,870,166	11,267,969
Manufacturing Vendor Prepayments	353,399	998,671
Prepaid Expenses and Other Assets	1,660,374	2,115,853
Total Current Assets	68,321,314	91,241,241
Long-Term Assets
Fixed Assets, Net	6,814,005	3,878,505
Operating Lease Right-of-Use Asset	628,131	956,165
Patents and Trademarks, Net	2,438,299	2,220,094
Technology Licenses, Net	28,504,870	30,158,689
Intangible Asset, Net	605,453	675,313
Goodwill	1,601,400	1,601,400
Other Assets, Net	1,649,132	1,581,143
Total Assets	110,562,604	132,312,550
Current Liabilities
Accounts Payable	1,620,490	1,211,747
Unearned Revenue	107,043	29,064
Accrued Expenses	1,029,177	1,670,539
Licensing Fees Commitment	3,500,000	11,500,000
Income and Other Taxes Payable	138,959	214,997
Operating Lease Right-of-Use Liability	429,421	651,011
Total Current Liabilities	6,825,090	15,277,358
Long-Term Liabilities
Operating Lease Right-of-Use Liability	198,710	305,154
Total Liabilities	7,023,800	15,582,512
Stockholders' Equity
Common Stock - $0.001 Par Value, 100,000,000 shares authorized; 63,898,889 shares issued and 63,319,217 shares outstanding as of June 30, 2023 and 63,783,779 shares issued and 63,319,107 shares outstanding as of December 31, 2022.	63,899	63,783
Additional Paid-in Capital	369,072,625	362,507,715
Accumulated Deficit	(263,121,219)	(243,835,716)
Treasury Stock, at cost, 579,672 shares as of June 30, 2023 and 464,672 shares as of December 31, 2022.	(2,476,501)	(2,005,744)
Total Stockholders' Equity	103,538,804	116,730,038
Total Liabilities and Stockholders' Equity	$ 110,562,604	$ 132,312,550

About Vuzix

Paul J. Travers

www.vuzix.com

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.

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About Vuzix

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