Innovative Eyewear Statistics

Total Valuation

LUCY has a market cap or net worth of $16.70 million. The enterprise value is $7.27 million.

Market Cap	16.70M
Enterprise Value	7.27M

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date	Nov 12, 2024
Ex-Dividend Date	n/a

Share Statistics

LUCY has 2.44 million shares outstanding. The number of shares has increased by 105.71% in one year.

Current Share Class	2.44M
Shares Outstanding	2.44M
Shares Change (YoY)	+105.71%
Shares Change (QoQ)	+66.45%
Owned by Insiders (%)	40.97%
Owned by Institutions (%)	3.42%
Float	770,277

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.25
Forward PS	1.49
PB Ratio	1.51
P/TBV Ratio	1.59
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	4.65
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 16.83

Current Ratio	16.83
Quick Ratio	14.63
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -86.51% and return on invested capital (ROIC) is -55.80%.

Return on Equity (ROE)	-86.51%
Return on Assets (ROA)	-52.58%
Return on Capital (ROIC)	-55.80%
Revenue Per Employee	$141,955
Profits Per Employee	-$730,373
Employee Count	11
Asset Turnover	0.16
Inventory Turnover	1.45

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -18.57% in the last 52 weeks. The beta is 2.79, so LUCY's price volatility has been higher than the market average.

Beta (5Y)	2.79
52-Week Price Change	-18.57%
50-Day Moving Average	7.56
200-Day Moving Average	6.82
Relative Strength Index (RSI)	46.44
Average Volume (20 Days)	695,433

Short Selling Information

The latest short interest is 185,708, so 7.60% of the outstanding shares have been sold short.

Short Interest	185,708
Short Previous Month	51,476
Short % of Shares Out	7.60%
Short % of Float	24.11%
Short Ratio (days to cover)	0.32

Income Statement

In the last 12 months, LUCY had revenue of $1.56 million and -$8.03 million in losses. Loss per share was -$8.28.

Revenue	1.56M
Gross Profit	-58,677
Operating Income	-8.29M
Pretax Income	-7.20M
Net Income	-8.03M
EBITDA	-8.16M
EBIT	-8.29M
Loss Per Share	-$8.28

Full Income Statement

Balance Sheet

Cash & Cash Equivalents	9.44M
Total Debt	n/a
Net Cash	9.44M
Net Cash Per Share	$3.86
Equity (Book Value)	10.93M
Book Value Per Share	4.52
Working Capital	10.34M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$6.14 million and capital expenditures -$9,489, giving a free cash flow of -$6.13 million.

Operating Cash Flow	-6.14M
Capital Expenditures	-9,489
Free Cash Flow	-6.13M
FCF Per Share	-$2.51

Full Cash Flow Statement

Margins

Gross Margin	-3.76%
Operating Margin	-531.00%
Pretax Margin	-514.51%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	-423.23%

Dividends & Yields

LUCY does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-105.71%
Shareholder Yield	-105.71%
Earnings Yield	-48.09%
FCF Yield	-36.67%

Analyst Forecast

The average price target for LUCY is $20.00, which is 192.40% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$20.00
Price Target Difference	192.40%
Analyst Consensus	Strong Buy
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on July 18, 2024. It was a reverse split with a ratio of 0.05:1.

Last Split Date	Jul 18, 2024
Split Type	Reverse
Split Ratio	0.05:1

Scores

LUCY has an Altman Z-Score of 2.08 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.08
Piotroski F-Score	3