Innovative Eyewear, Inc.
General ticker "LUCY" information:
- Sector: Health Care
- Industry: Health Care Equipment & Supplies
- Capitalization: $6.5M (TTM average)
Innovative Eyewear, Inc. does not follow the US Stock Market performance with the rate: -15.7%.
Estimated limits based on current volatility of 5.6%: low 1.31$, high 1.47$
Factors to consider:
- Total employees count: 11 (+22.2%) as of 2023
- Top business risk factors: Lack of profitability, Market competition, Supply chain disruptions, Regulatory and compliance, Reputation and brand risks
- Current price 48.0% below estimated low
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [2.83$, 8.34$]
- 2025-12-31 to 2026-12-31 estimated range: [2.25$, 6.81$]
Financial Metrics affecting the LUCY estimates:
- Positive: with PPE of -0.9 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -83.01 <= 0.33
- Negative: negative Net income
- Positive: Inventory ratio change, % of -8.93 <= -0.75
- Positive: Shareholder equity ratio, % of 92.45 > 63.39
- Negative: Industry inventory ratio change (median), % of 1.55 > 0.28
- Negative: Investing cash flow per share per price, % of -63.58 <= -14.38
Short-term LUCY quotes
Long-term LUCY plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $0.66MM | $1.15MM | $1.64MM |
| Operating Expenses | $6.24MM | $8.01MM | $9.56MM |
| Operating Income | $-5.58MM | $-6.86MM | $-7.92MM |
| Non-Operating Income | $-0.11MM | $0.19MM | $0.16MM |
| Interest Expense | $0.11MM | $0.00MM | $0.00MM |
| R&D Expense | $0.52MM | $0.66MM | $0.82MM |
| Income(Loss) | $-5.68MM | $-6.66MM | $-7.77MM |
| Profit(Loss)* | $-5.68MM | $-6.66MM | $-7.77MM |
| Stockholders Equity | $4.02MM | $5.56MM | $9.10MM |
| Inventory | $0.09MM | $0.86MM | $0.83MM |
| Assets | $4.69MM | $6.22MM | $9.84MM |
| Operating Cash Flow | $-3.22MM | $-5.77MM | $-6.74MM |
| Capital expenditure | $0.22MM | $0.25MM | $0.27MM |
| Investing Cash Flow | $-0.22MM | $-0.20MM | $-5.16MM |
| Financing Cash Flow | $6.96MM | $6.66MM | $10.24MM |
| Earnings Per Share** | $-17.41 | $-12.67 | $-5.19 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.