Innovative Eyewear Statistics
Share Statistics
Innovative Eyewear has 2.44M shares outstanding. The number of shares has increased by -87.84% in one year.
| Shares Outstanding | 2.44M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -93.31% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 1.18M |
| Failed to Deliver (FTD) Shares | 7.28K |
| FTD / Avg. Volume | 2% |
Short Selling Information
The latest short interest is 185.71K, so 7.74% of the outstanding shares have been sold short.
| Short Interest | 185.71K |
| Short % of Shares Out | 7.74% |
| Short % of Float | 16.28% |
| Short Ratio (days to cover) | 0.32 |
Valuation Ratios
The PE ratio is -0.67 and the forward PE ratio is -1.74.
| PE Ratio | -0.67 |
| Forward PE | -1.74 |
| PS Ratio | 3.85 |
| Forward PS | 1 |
| PB Ratio | 0.8 |
| P/FCF Ratio | -0.74 |
| PEG Ratio | n/a |
Enterprise Valuation
Innovative Eyewear Inc. has an Enterprise Value (EV) of 6.48M.
| EV / Earnings | -0.97 |
| EV / Sales | 5.62 |
| EV / EBITDA | -0.99 |
| EV / EBIT | -0.94 |
| EV / FCF | -1.08 |
Financial Position
The company has a current ratio of 8.99, with a Debt / Equity ratio of 0.
| Current Ratio | 8.99 |
| Quick Ratio | 7.62 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | -2272.91 |
Financial Efficiency
Return on equity (ROE) is -1.2% and return on capital (ROIC) is -124.14%.
| Return on Equity (ROE) | -1.2% |
| Return on Assets (ROA) | -1.07% |
| Return on Capital (ROIC) | -124.14% |
| Revenue Per Employee | 104.77K |
| Profits Per Employee | -605.77K |
| Employee Count | 11 |
| Asset Turnover | 0.19 |
| Inventory Turnover | 1.48 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -35% in the last 52 weeks. The beta is 2.79, so Innovative Eyewear 's price volatility has been higher than the market average.
| Beta | 2.79 |
| 52-Week Price Change | -35% |
| 50-Day Moving Average | 7.06 |
| 200-Day Moving Average | 6.72 |
| Relative Strength Index (RSI) | 38 |
| Average Volume (20 Days) | 362.95K |
Income Statement
In the last 12 months, Innovative Eyewear had revenue of $1.15M and earned -$6.66M in profits. Earnings per share was $-12.67.
| Revenue | 1.15M |
| Gross Profit | -119.33K |
| Operating Income | -6.90M |
| Net Income | -6.66M |
| EBITDA | -6.58M |
| EBIT | -6.90M |
| Earnings Per Share (EPS) | -12.67 |
Balance Sheet
The company has $4.29M in cash and $0 in debt, giving a net cash position of $4.29M.
| Cash & Cash Equivalents | 4.29M |
| Total Debt | 0 |
| Net Cash | 4.29M |
| Retained Earnings | -16.97M |
| Total Assets | 11.60M |
| Working Capital | 10.99B |
Cash Flow
In the last 12 months, operating cash flow was -$5.77M and capital expenditures -$251.50K, giving a free cash flow of -$6.02M.
| Operating Cash Flow | -5.77M |
| Capital Expenditures | -251.50K |
| Free Cash Flow | -6.02M |
| FCF Per Share | -11.45 |
Margins
Gross margin is -10.35%, with operating and profit margins of -598.76% and -578.18%.
| Gross Margin | -10.35% |
| Operating Margin | -598.76% |
| Pretax Margin | -578.18% |
| Profit Margin | -578.18% |
| EBITDA Margin | -570.52% |
| EBIT Margin | -598.76% |
| FCF Margin | -522.16% |
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 | -216.58% |
| FCF Yield | -42.12% |
Analyst Forecast
The average price target for LUCY is $20, which is 241.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $20 |
| Price Target Difference | 241.9% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
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 | 1132.49 |
| Piotroski F-Score | 2 |