Innovative Eyewear, Inc. (LUCY)
NASDAQ: LUCY · Real-Time Price · USD
7.32
-0.88 (-10.73%)
At close: Nov 1, 2024, 4:00 PM
7.39
+0.07 (0.96%)
After-hours: Nov 1, 2024, 7:29 PM EDT

Innovative Eyewear Statistics

Total Valuation

LUCY has a market cap or net worth of $17.57 million. The enterprise value is $11.75 million.

Market Cap 17.57M
Enterprise Value 11.75M

Important Dates

The next estimated earnings date is Tuesday, November 12, 2024, after market close.

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

Share Statistics

LUCY has 2.40 million shares outstanding. The number of shares has increased by 78.15% in one year.

Shares Outstanding 2.40M
Shares Change (YoY) +78.15%
Shares Change (QoQ) +61.24%
Owned by Insiders (%) 41.68%
Owned by Institutions (%) 0.68%
Float 728,481

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 3.52
Forward PS 2.13
PB Ratio 1.52
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.68
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 14.73, with a Debt / Equity ratio of 0.01.

Current Ratio 14.73
Quick Ratio 12.05
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -96.53% and return on invested capital (ROIC) is -61.48%.

Return on Equity (ROE) -96.53%
Return on Assets (ROA) -59.06%
Return on Capital (ROIC) -61.48%
Revenue Per Employee $139,071
Profits Per Employee -$714,957
Employee Count 11
Asset Turnover 0.18
Inventory Turnover 1.55

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -12.88% in the last 52 weeks. The beta is 2.80, so LUCY's price volatility has been higher than the market average.

Beta (5Y) 2.80
52-Week Price Change -12.88%
50-Day Moving Average 6.85
200-Day Moving Average 6.89
Relative Strength Index (RSI) 51.06
Average Volume (20 Days) 657,005

Short Selling Information

The latest short interest is 51,476, so 2.14% of the outstanding shares have been sold short.

Short Interest 51,476
Short Previous Month 93,630
Short % of Shares Out 2.14%
Short % of Float 7.07%
Short Ratio (days to cover) 0.15

Income Statement

In the last 12 months, LUCY had revenue of $1.53 million and -$7.86 million in losses. Loss per share was -$10.69.

Revenue 1.53M
Gross Profit -37,677
Operating Income -8.13M
Pretax Income -7.20M
Net Income -7.86M
EBITDA -8.01M
EBIT -8.13M
Loss Per Share -$10.69
Full Income Statement

Balance Sheet

The company has $5.90 million in cash and $75,591 in debt, giving a net cash position of $5.82 million or $2.43 per share.

Cash & Cash Equivalents 5.90M
Total Debt 75,591
Net Cash 5.82M
Net Cash Per Share $2.43
Equity (Book Value) 7.34M
Book Value Per Share 4.81
Working Capital 6.79M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$6.08 million and capital expenditures -$79,776, giving a free cash flow of -$6.16 million.

Operating Cash Flow -6.08M
Capital Expenditures -79,776
Free Cash Flow -6.16M
FCF Per Share -$2.56
Full Cash Flow Statement

Margins

Gross Margin -2.46%
Operating Margin -531.20%
Pretax Margin -514.09%
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 -78.15%
Shareholder Yield -78.15%
Earnings Yield -44.76%
FCF Yield -35.04%

Analyst Forecast

The average price target for LUCY is $20.00, which is 173.22% higher than the current price. The consensus rating is "Strong Buy".

Price Target $20.00
Price Target Difference 173.22%
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 2.02 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.02
Piotroski F-Score 3