Innovative Eyewear Inc.

1.74
-0.10 (-5.43%)
At close: Apr 17, 2025, 3:59 PM

Innovative Eyewear Statistics

Share Statistics

Innovative Eyewear has 2.45M shares outstanding. The number of shares has increased by -89.55% in one year.

Shares Outstanding 2.45M
Shares Change (YoY) -89.55%
Shares Change (QoQ) 0.43%
Owned by Institutions (%) n/a
Shares Floating 1.19M
Failed to Deliver (FTD) Shares 1.38K
FTD / Avg. Volume 0.45%

Short Selling Information

The latest short interest is 44.06K, so 1.8% of the outstanding shares have been sold short.

Short Interest 44.06K
Short % of Shares Out 1.8%
Short % of Float 3.69%
Short Ratio (days to cover) 2.77

Valuation Ratios

The PE ratio is -1.1 and the forward PE ratio is 2.52. Innovative Eyewear's PEG ratio is 0.02.

PE Ratio -1.1
Forward PE 2.52
PS Ratio 0.01
Forward PS 0.2
PB Ratio 0
P/FCF Ratio -1.22
PEG Ratio 0.02
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Innovative Eyewear.

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 12.52, with a Debt / Equity ratio of 0.

Current Ratio 12.52
Quick Ratio 12.52
Debt / Equity 0
Debt / EBITDA 0
Debt / FCF 0
Interest Coverage 0

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
Revenue Per Employee $148.77M
Profits Per Employee $-706.05K
Employee Count 11
Asset Turnover 0.17
Inventory Turnover 1.71K

Taxes

Income Tax 0
Effective Tax Rate 0%

Stock Price Statistics

The stock price has increased by -66.6% in the last 52 weeks. The beta is 3.03, so Innovative Eyewear's price volatility has been higher than the market average.

Beta 3.03
52-Week Price Change -66.6%
50-Day Moving Average 3.57
200-Day Moving Average 5.58
Relative Strength Index (RSI) 40
Average Volume (20 Days) 309.26K

Income Statement

In the last 12 months, Innovative Eyewear had revenue of 1.64B and earned -7.77M in profits. Earnings per share was -4.47.

Revenue 1.64B
Gross Profit 215.19M
Operating Income -2.37B
Net Income -7.77M
EBITDA -7.62M
EBIT -7.77M
Earnings Per Share (EPS) -4.47
Full Income Statement

Balance Sheet

The company has 2.63M in cash and 0 in debt, giving a net cash position of 2.63M.

Cash & Cash Equivalents 2.63M
Total Debt 0
Net Cash 2.63M
Retained Earnings -24.74B
Total Assets 9.84M
Working Capital 8.5M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -6.74M and capital expenditures 0, giving a free cash flow of -7.01M.

Operating Cash Flow -6.74M
Capital Expenditures 0
Free Cash Flow -7.01M
FCF Per Share -4.03
Full Cash Flow Statement

Margins

Gross margin is 13.15%, with operating and profit margins of -144.9% and -0.47%.

Gross Margin 13.15%
Operating Margin -144.9%
Pretax Margin -474.6%
Profit Margin -0.47%
EBITDA Margin -0.47%
EBIT Margin -144.9%
FCF Margin -0.43%

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
Payout Ratio n/a
Earnings Yield n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for LUCY is $20, which is 1049.4% higher than the current price. The consensus rating is "Buy".

Price Target $20
Price Target Difference 1049.4%
Analyst Consensus Buy
Analyst Count 1
Stock Forecasts

Stock Splits

The last stock split was on Jul 18, 2024. It was a backward split with a ratio of 1:20.

Last Split Date Jul 18, 2024
Split Type backward
Split Ratio 1:20

Scores

Altman Z-Score -0.74
Piotroski F-Score 4