Innovative Eyewear, Inc. Logo

Innovative Eyewear, Inc.

LUCY

(1.8)
Stock Price

9,89 USD

-86.74% ROA

-106.62% ROE

-0.79x PER

Market Cap.

5.301.235,00 USD

0% DER

0% Yield

-1111.02% NPM

Innovative Eyewear, Inc. Stock Analysis

Innovative Eyewear, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Innovative Eyewear, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.4x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

5 ROE

The stock's ROE indicates a negative return (-114.31%) on shareholders' equity, suggesting poor financial performance.

6 ROA

The stock's ROA (-73.5%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (0) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Innovative Eyewear, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Innovative Eyewear, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Innovative Eyewear, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Innovative Eyewear, Inc. Revenue
Year Revenue Growth
2019 4.821
2020 56.997 91.54%
2021 690.670 91.75%
2022 659.788 -4.68%
2023 887.500 25.66%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Innovative Eyewear, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2019 4.083
2020 36.894 88.93%
2021 86.261 57.23%
2022 524.692 83.56%
2023 770.804 31.93%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Innovative Eyewear, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2019 43.398
2020 316.115 86.27%
2021 1.386.079 77.19%
2022 2.796.669 50.44%
2023 3.662.148 23.63%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Innovative Eyewear, Inc. EBITDA
Year EBITDA Growth
2019 -109.427
2020 -649.895 83.16%
2021 -3.197.396 79.67%
2022 -5.544.095 42.33%
2023 -6.127.496 9.52%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Innovative Eyewear, Inc. Gross Profit
Year Gross Profit Growth
2019 -2.914
2020 -17.269 83.13%
2021 148.254 111.65%
2022 -56.289 363.38%
2023 321.376 117.51%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Innovative Eyewear, Inc. Net Profit
Year Net Profit Growth
2019 -109.427
2020 -775.270 85.89%
2021 -3.283.939 76.39%
2022 -5.787.004 43.25%
2023 -6.204.420 6.73%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Innovative Eyewear, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2019 0
2020 0 0%
2021 0 0%
2022 -1 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Innovative Eyewear, Inc. Free Cashflow
Year Free Cashflow Growth
2019 0
2020 -99.302 100%
2021 -1.332.614 92.55%
2022 -3.444.369 61.31%
2023 -1.452.777 -137.09%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Innovative Eyewear, Inc. Operating Cashflow
Year Operating Cashflow Growth
2019 0
2020 -40.263 100%
2021 -1.214.160 96.68%
2022 -3.224.418 62.34%
2023 -1.359.360 -137.2%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Innovative Eyewear, Inc. Capital Expenditure
Year Capital Expenditure Growth
2019 0
2020 59.039 100%
2021 118.454 50.16%
2022 219.951 46.15%
2023 93.417 -135.45%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Innovative Eyewear, Inc. Equity
Year Equity Growth
2019 -483.825
2020 -554.837 12.8%
2021 207.516 367.37%
2022 4.024.429 94.84%
2023 7.642.254 47.34%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Innovative Eyewear, Inc. Assets
Year Assets Growth
2019 0
2020 211.016 100%
2021 824.317 74.4%
2022 4.689.884 82.42%
2023 8.115.934 42.21%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Innovative Eyewear, Inc. Liabilities
Year Liabilities Growth
2019 483.825
2020 765.853 36.83%
2021 616.801 -24.17%
2022 665.455 7.31%
2023 473.680 -40.49%

Innovative Eyewear, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.05
Net Income per Share
-0.52
Price to Earning Ratio
-0.79x
Price To Sales Ratio
8.78x
POCF Ratio
-0.9
PFCF Ratio
-0.86
Price to Book Ratio
0.69
EV to Sales
2.31
EV Over EBITDA
-0.23
EV to Operating CashFlow
-0.24
EV to FreeCashFlow
-0.23
Earnings Yield
-1.27
FreeCashFlow Yield
-1.17
Market Cap
0,01 Bil.
Enterprise Value
0,00 Bil.
Graham Number
2.63
Graham NetNet
0.45

Income Statement Metrics

Net Income per Share
-0.52
Income Quality
0.95
ROE
-1.07
Return On Assets
-0.83
Return On Capital Employed
-0.64
Net Income per EBT
1.09
EBT Per Ebit
1.26
Ebit per Revenue
-8.1
Effective Tax Rate
-0.11

Margins

Sales, General, & Administrative to Revenue
6.42
Research & Developement to Revenue
1.11
Stock Based Compensation to Revenue
1.59
Gross Profit Margin
-0.23
Operating Profit Margin
-8.1
Pretax Profit Margin
-10.18
Net Profit Margin
-11.11

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.45
Free CashFlow per Share
-0.48
Capex to Operating CashFlow
0.06
Capex to Revenue
-0.54
Capex to Depreciation
-4.1
Return on Invested Capital
-0.71
Return on Tangible Assets
-0.87
Days Sales Outstanding
77.15
Days Payables Outstanding
91.75
Days of Inventory on Hand
382.95
Receivables Turnover
4.73
Payables Turnover
3.98
Inventory Turnover
0.95
Capex per Share
-0.03

Balance Sheet

Cash per Share
0,45
Book Value per Share
0,59
Tangible Book Value per Share
0.56
Shareholders Equity per Share
0.59
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.64
Current Ratio
17.4
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
0
Working Capital
0,01 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
718001.5
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Innovative Eyewear, Inc. Dividends
Year Dividends Growth

Innovative Eyewear, Inc. Profile

About Innovative Eyewear, Inc.

Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. The company sells its products through various e-commerce and retail distribution channels. Innovative Eyewear, Inc. has a partnership with Lucyd. The company was founded in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. operates as a subsidiary of Lucyd Ltd.

CEO
Mr. Harrison Reed Gross
Employee
9
Address
11900 Biscayne Boulevard
North Miami, 33181

Innovative Eyewear, Inc. Executives & BODs

Innovative Eyewear, Inc. Executives & BODs
# Name Age
1 Mr. Konrad Dabrowski
Co-Founder & Chief Financial Officer
70
2 Mr. Jaoquin Abondano
Chief Operating Officer
70
3 Mr. Harrison Reed Gross
Co-Founder, Chief Executive Officer & Director
70
4 Mr. David Eric Cohen
Co-Founder & Chief Technology Officer
70
5 Mr. Ekene Ofodile
Senior Vice President Sales & Marketing
70

Innovative Eyewear, Inc. Competitors