Innovative Eyewear, Inc. (LUCY)

NASDAQ: LUCY · IEX Real-Time Price · USD
0.273
-0.008 (-2.85%)
At close: Mar 28, 2024, 4:00 PM
0.280
+0.007 (2.56%)
After-hours: Mar 28, 2024, 5:44 PM EDT

Total Valuation

LUCY has a market cap or net worth of $3.58 million. The enterprise value is -$709,383.

Market Cap 3.58M
Enterprise Value -709,383

Important Dates

The last earnings date was Monday, March 25, 2024, before market open.

Earnings Date Mar 25, 2024
Ex-Dividend Date n/a

Share Statistics

LUCY has 12.92 million shares outstanding. The number of shares has increased by 61.07% in one year.

Shares Outstanding 12.92M
Shares Change (YoY) +61.07%
Shares Change (QoQ) -18.59%
Owned by Insiders (%) 40.12%
Owned by Institutions (%) 0.95%
Float 7.74M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 3.10
Forward PS 1.75
PB Ratio 0.64
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

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

Financial Position

The company has a current ratio of 8.99, with zero debt.

Current Ratio 8.99
Quick Ratio 7.02
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -2,193.81

Financial Efficiency

Return on equity (ROE) is -99.80% and return on invested capital (ROIC) is -123.33%.

Return on Equity (ROE) -99.80%
Return on Assets (ROA) -92.60%
Return on Capital (ROIC) -123.33%
Revenue Per Employee $128,053
Profits Per Employee -$740,381
Employee Count 9
Asset Turnover 0.16
Inventory Turnover 2.21

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -82.27% in the last 52 weeks.

Beta (1Y) n/a
52-Week Price Change -82.27%
50-Day Moving Average 0.38
200-Day Moving Average 0.59
Relative Strength Index (RSI) 25.99
Average Volume (30 Days) 150,206

Short Selling Information

The latest short interest is 639, so 0.00% of the outstanding shares have been sold short.

Short Interest 639
Short Previous Month 25,207
Short % of Shares Out 0.00%
Short % of Float 0.01%
Short Ratio (days to cover) 0.01

Income Statement

In the last 12 months, LUCY had revenue of $1.15 million and -$6.66 million in losses. Loss per share was -$0.63.

Revenue 1.15M
Gross Profit -119,329
Operating Income -6.86M
Pretax Income -6.66M
Net Income -6.66M
EBITDA -6.58M
EBIT -6.66M
Loss Per Share -$0.63
Full Income Statement

Balance Sheet

The company has $4.29 million in cash and no debt, giving a net cash position of $4.29 million or $0.33 per share.

Cash & Cash Equivalents 4.29M
Total Debt n/a
Net Cash 4.29M
Net Cash Per Share $0.33
Equity / Book Value 5.56M
Book Value Per Share 0.43
Working Capital 4.99M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$5.77 million and capital expenditures -$76,513, giving a free cash flow of -$5.84 million.

Operating Cash Flow -5.77M
Capital Expenditures -76,513
Free Cash Flow -5.84M
FCF Per Share -$0.56
Full Cash Flow Statement

Margins

Gross margin is -10.35%, with operating and profit margins of -594.85% and -578.18%.

Gross Margin -10.35%
Operating Margin -594.85%
Pretax Margin -578.18%
Profit Margin -578.18%
EBITDA Margin -570.52%
EBIT Margin -577.92%
FCF Margin -506.98%

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 -61.07%
Shareholder Yield -61.07%
Earnings Yield -186.23%
FCF Yield -163.30%

Analyst Forecast

The average price target for LUCY is $1.00, which is 266.30% higher than the current price. The consensus rating is "Strong Buy".

Price Target $1.00
Price Target Difference 266.30%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

LUCY has an Altman Z-Score of -2.95 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.95
Piotroski F-Score 2