Innovative Eyewear, Inc. (LUCYW) Financials

$0.07

$0.02 (30%)
Last update: 12:50 PM EST
Day's range
$0.07
Day's range
$0.07
$2M$2M$0$0-$2M-$2M-$4M-$4M-$6M-$6M-$8M-$8MEarning2019201920202020202120212022202220232023202420240%0%-2000%-2000%-4000%-4000%-6000%-6000%-8000%-8000%-10000%-10000%Profit Margin
Profit Margin
Revenue
Earnings

LUCYW Income statement / Annual

Last year (2024), Innovative Eyewear, Inc.'s total revenue was $1.64 M, an increase of 41.99% from the previous year. In 2024, Innovative Eyewear, Inc.'s net income was -$7.77 M. See Innovative Eyewear, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $1.64 M $1.15 M $659.79 K $690.67 K $57.00 K $4.82 K
Cost of Revenue $1.42 M $1.27 M $716.08 K $542.42 K $74.27 K $7.74 K
Gross Profit $215.19 K -$119.33 K -$56.29 K $148.25 K -$17.27 K -$2.91 K
Gross Profit Ratio 0.13 -0.1 -0.09 0.21 -0.3 -0.6
Research and Development Expenses $819.39 K $662.18 K $524.69 K $86.26 K $36.89 K $4.08 K
General & Administrative Expenses $4.47 M $4.07 M $2.80 M $1.39 M $316.12 K $43.40 K
Selling & Marketing Expenses $2.71 M $2.05 M $2.06 M $1.77 M $152.73 K $2.92 K
Selling, General & Administrative Expenses $7.18 M $6.07 M $4.86 M $3.16 M $468.85 K $46.32 K
Other Expenses $0.00 $0.00 $140.00 K $109.98 K $130.00 K $56.11 K
Operating Expenses $8.14 M $6.54 M $5.52 M $3.35 M $635.74 K $106.51 K
Cost And Expenses -$9.56 M $8.01 M $6.24 M $3.90 M $710.01 K $114.25 K
Interest Income $0.00 $0.00 $105.17 K $39.43 K $4.97 K $0.00
Interest Expense $0.00 $3.04 K $105.17 K $39.43 K $4.97 K $0.00
Depreciation & Amortization $149.39 K $85.26 K $32.57 K $7.68 K $994.00 $262.63 K
EBITDA -$7.62 M -$6.58 M -$5.54 M -$3.20 M -$762.22 K -$109.43 K
EBITDA Ratio -4.65 -5.71 -8.4 -4.63 -13.37 -22.7
Operating Income Ratio -4.84 -5.99 -8.45 -4.64 -11.42 -22.7
Total Other Income/Expenses Net $157.19 K $237.11 K -$105.17 K -$39.43 K -$115.18 K -$153.20 K
Income Before Tax -$7.77 M -$6.66 M -$5.68 M -$3.24 M -$768.18 K -$109.43 K
Income Before Tax Ratio -4.75 -5.78 -8.61 -4.7 -13.48 -22.7
Income Tax Expense $0.00 $0.00 $105.17 K $39.43 K $7.09 K -$262.63 K
Net Income -$7.77 M -$6.66 M -$5.68 M -$3.24 M -$768.18 K -$262.63 K
Net Income Ratio -4.75 -5.78 -8.61 -4.7 -13.48 -54.48
EPS -4.47 -12.67 -17.41 -12.37 -5.19 -2.64
EPS Diluted -4.47 -12.67 -17.41 -12.37 -5.19 -2.64
Weighted Average Shares Out $1.50 M $525.80 K $326.45 K $262.28 K $148.01 K $99.45 K
Weighted Average Shares Out Diluted $1.50 M $525.80 K $326.45 K $262.28 K $148.01 K $99.45 K
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