Innovative Eyewear, Inc. (LUCY)
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 |
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 |
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 |
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 |
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 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 |