LUCYNasdaqOphthalmic GoodsFiscal year ends December 31Also trades as LUCYW
Innovative Eyewear Inc
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Aug 14, 2026
$0.80+0.01 (+1.03%)
Close on Oct 19, 2026
- Market cap
- $4.98M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
21.3%
Net margin
-285.2%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +62.6% | +59.2% | – | – | |
| Gross profit | +163.7% | – | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -83.6% | |
| Return on assets | – | – | -76.0% | |
| Current ratio | – | – | 9.03 | |
| Inventory turnover | – | – | 1.6× | |
| Capex to revenue | – | – | 2.7% | |
| Diluted shares | – | – | 4M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Innovative Eyewear generated $24.22M from operations and spent $355.52K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$24.22M
Used
$355.52K
Capital expenditure$355.52K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-285.2%
×Asset turnover0.27×
×Equity multiplier1.10×
=Return on equity, FY2025-83.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -285.2% | 0.27× | 1.10× | -83.6% |
| FY2024 | -474.6% | 0.20× | 1.10× | -106.0% |
| FY2023 | -578.2% | 0.21× | 1.14× | -139.1% |
| FY2022 | -861.2% | 0.24× | 1.30× | -268.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$7.59M
- Cash generatingOperating cash flow above zero-$7.28M
- Return on assets improvedROA up on the prior year-124.9% → -77.2%
- Earnings backed by cashOperating cash flow above net income-$7.28M vs -$7.59M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose12.52 → 9.03
- No dilutionShare count did not rise1M → 4M
- Gross margin improvedGross margin up on the prior year13.15% → 21.32%
- More efficientAsset turnover rose0.26 → 0.27