LUCY: Innovative Eyewear Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Innovative Eyewear Inc (LUCY).
$12.02M Market Cap.
LUCY Market Cap. (MRY)
LUCY Shares Outstanding (MRY)
LUCY Assets (MRY)
Total Assets
$9.84M
Total Liabilities
$743.17K
Total Investments
$4.90M
LUCY Income (MRY)
Revenue
$1.64M
Net Income
-$7.77M
Operating Expense
$8.14M
LUCY Cash Flow (MRY)
CF Operations
-$6.74M
CF Investing
-$5.16M
CF Financing
$10.24M
LUCY Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $9,838,309 (58.20%) | $6,218,762 (32.60%) | $4,689,884 (468.94%) | $824,317 (290.64%) |
Assets Current | $9,238,216 (64.48%) | $5,616,768 (32.45%) | $4,240,731 (558.16%) | $644,327 (354.38%) |
Assets Non-Current | $600,093 (-0.32%) | $601,994 (34.03%) | $449,153 (149.54%) | $179,990 (160.05%) |
Goodwill & Intangible Assets | $451,302 (20.51%) | $374,502 (51.23%) | $247,630 (55.05%) | $159,706 (130.75%) |
Shareholders Equity | $9,095,141 (63.62%) | $5,558,826 (38.13%) | $4,024,429 (1839.33%) | $207,516 (137.40%) |
Property Plant & Equipment Net | $107,562 (-30.54%) | $154,848 (29.32%) | $119,744 (490.34%) | $20,284 (0%) |
Cash & Equivalents | $2,628,987 (-38.68%) | $4,287,447 (19.39%) | $3,591,109 (4404.26%) | $79,727 (195.03%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $50,351 (-35.41%) | $77,950 (-18.33%) | $95,450 (0%) | $0 (0%) |
Total Investments | $4,895,184 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $4,895,184 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $1,256,351 (46.64%) | $856,759 (192.96%) | $292,451 (-14.04%) | $340,216 (278.94%) |
Trade & Non-Trade Receivables | $131,312 (32.02%) | $99,467 (-9.79%) | $110,258 (154.09%) | $43,394 (0%) |
Trade & Non-Trade Payables | $692,817 (19.04%) | $581,986 (14.42%) | $508,649 (55.18%) | $327,772 (97.08%) |
Accumulated Retained Earnings (Deficit) | -$24,735,930 (-45.77%) | -$16,969,415 (-64.66%) | -$10,305,987 (-122.87%) | -$4,624,154 (-235.17%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $0 (0%) | $0 (0%) | $61,356 (-78.77%) | $289,029 (-51.79%) |
Debt Current | $0 (0%) | $0 (0%) | $61,356 (-78.77%) | $289,029 (-51.79%) |
Debt Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Liabilities | $743,168 (12.61%) | $659,936 (-0.83%) | $665,455 (7.89%) | $616,801 (-19.46%) |
Liabilities Current | $737,718 (18.13%) | $624,486 (4.08%) | $600,005 (-2.72%) | $616,801 (-19.46%) |
Liabilities Non-Current | $5,450 (-84.63%) | $35,450 (-45.84%) | $65,450 (0%) | $0 (0%) |
LUCY Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,636,440 (41.99%) | $1,152,479 (74.67%) | $659,788 (-4.47%) | $690,670 (1111.77%) |
Cost of Revenue | $1,421,250 (11.75%) | $1,271,808 (77.61%) | $716,077 (32.02%) | $542,416 (630.37%) |
Selling General & Administrative Expense | $7,179,505 (20.99%) | $5,934,029 (22.21%) | $4,855,681 (53.80%) | $3,157,091 (573.37%) |
Research & Development Expense | $819,387 (23.74%) | $662,184 (26.20%) | $524,692 (508.26%) | $86,261 (133.81%) |
Operating Expenses | $8,138,892 (20.82%) | $6,736,213 (22.02%) | $5,520,373 (64.62%) | $3,353,327 (348.26%) |
Interest Expense | $0 (0%) | $3,036 (-97.11%) | $105,171 (166.71%) | $39,433 (694.06%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$7,766,515 (-16.55%) | -$6,663,428 (-17.28%) | -$5,681,833 (-75.12%) | -$3,244,506 (-322.36%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$7,766,515 (-16.55%) | -$6,663,428 (-17.28%) | -$5,681,833 (-75.12%) | -$3,244,506 (-322.36%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$7,766,515 (-16.55%) | -$6,663,428 (-17.28%) | -$5,681,833 (-75.12%) | -$3,244,506 (-322.36%) |
Weighted Average Shares | $1,496,357 (144.10%) | $613,000 (87.78%) | $326,448 (24.46%) | $262,281 (77.20%) |
Weighted Average Shares Diluted | $1,496,357 (144.10%) | $613,000 (87.78%) | $326,448 (24.46%) | $262,281 (77.20%) |
Earning Before Interest & Taxes (EBIT) | -$7,766,515 (-16.61%) | -$6,660,392 (-19.43%) | -$5,576,662 (-73.99%) | -$3,205,073 (-319.94%) |
Gross Profit | $215,190 (280.33%) | -$119,329 (-111.99%) | -$56,289 (-137.97%) | $148,254 (958.50%) |
Operating Income | -$7,923,702 (-15.58%) | -$6,855,542 (-22.93%) | -$5,576,662 (-73.99%) | -$3,205,073 (-318.78%) |
LUCY Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$5,162,157 (-2497.27%) | -$198,753 (9.64%) | -$219,951 (-85.68%) | -$118,454 (-100.64%) |
Net Cash Flow from Financing | $10,243,327 (53.77%) | $6,661,394 (-4.23%) | $6,955,751 (402.11%) | $1,385,318 (996.63%) |
Net Cash Flow from Operations | -$6,739,630 (-16.88%) | -$5,766,303 (-78.83%) | -$3,224,418 (-165.57%) | -$1,214,160 (-2915.57%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$1,658,460 (-338.17%) | $696,338 (-80.17%) | $3,511,382 (6562.46%) | $52,704 (95.03%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$4,895,184 (-9736.95%) | $50,796 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$62,203 (18.70%) | -$76,513 (51.95%) | -$159,234 (-70.88%) | -$93,182 (0%) |
Issuance (Repayment) of Debt Securities | -$298,896 (50.16%) | -$599,662 (-172.95%) | $822,000 (-18.15%) | $1,004,315 (0%) |
Issuance (Purchase) of Equity Shares | $10,542,223 (45.19%) | $7,261,056 (18.38%) | $6,133,751 (1146.31%) | $492,152 (289.59%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $774,788 (-17.29%) | $936,769 (-36.44%) | $1,473,864 (10.41%) | $1,334,935 (1535.05%) |
Depreciation Amortization & Accretion | $149,386 (75.22%) | $85,257 (161.79%) | $32,567 (324.22%) | $7,677 (672.33%) |
LUCY Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 13.10% (225.96%) | -10.40% (-22.35%) | -8.50% (-139.53%) | 21.50% (170.96%) |
Profit Margin | -474.60% (17.92%) | -578.20% (32.86%) | -861.20% (-83.31%) | -469.80% (65.14%) |
EBITDA Margin | -465.50% (18.40%) | -570.50% (32.11%) | -840.30% (-81.53%) | -462.90% (65.39%) |
Return on Average Equity (ROAE) | -99.30% (0.50%) | -99.80% (66.37%) | -296.80% (-115.89%) | 1868.30% |
Return on Average Assets (ROAA) | -91.10% (1.62%) | -92.60% (45.94%) | -171.30% (72.67%) | -626.80% |
Return on Sales (ROS) | -474.60% (17.88%) | -577.90% (31.63%) | -845.20% (-82.12%) | -464.10% (65.34%) |
Return on Invested Capital (ROIC) | -222.70% (29.53%) | -316.00% (77.18%) | -1385.00% (55.58%) | -3118.10% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% | - |
Price to Earnings Ratio (P/E) | -0.95 (-22.16%) | -0.78 (50.73%) | -1.57 | - |
Price to Sales Ratio (P/S) | 4.5 (0.25%) | 4.49 (-66.90%) | 13.56 | - |
Price to Book Ratio (P/B) | 1.32 (34.80%) | 0.98 (-60.61%) | 2.49 | - |
Debt to Equity Ratio (D/E) | 0.08 (-31.09%) | 0.12 (-27.88%) | 0.17 (-94.45%) | 2.97 (315.36%) |
Earnings Per Share (EPS) | -5.19 (52.25%) | -10.87 (37.53%) | -17.4 (-40.32%) | -12.4 (-138.46%) |
Sales Per Share (SPS) | 1.09 (-41.81%) | 1.88 (-6.98%) | 2.02 (-23.24%) | 2.63 (583.90%) |
Free Cash Flow Per Share (FCFPS) | -4.55 (52.31%) | -9.53 (8.04%) | -10.37 (-107.92%) | -4.99 (-1732.72%) |
Book Value Per Share (BVPS) | 6.08 (-32.97%) | 9.07 (-26.44%) | 12.33 (1458.53%) | 0.79 (121.10%) |
Tangible Assets Book Value Per Share (TABVPS) | 6.27 (-34.20%) | 9.53 (-29.94%) | 13.61 (437.02%) | 2.53 (164.51%) |
Enterprise Value Over EBIT (EV/EBIT) | -1 (0%) | 0 (0%) | -1 | - |
Enterprise Value Over EBITDA (EV/EBITDA) | -0.98 (-317.45%) | -0.23 (74.95%) | -0.94 | - |
Asset Turnover | 0.19 (20.00%) | 0.16 (-19.60%) | 0.2 (-85.08%) | 1.33 |
Current Ratio | 12.52 (39.24%) | 8.99 (27.25%) | 7.07 (576.36%) | 1.04 (464.86%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$6,801,833 (-16.41%) | -$5,842,816 (-72.68%) | -$3,383,652 (-158.82%) | -$1,307,342 (-3147.01%) |
Enterprise Value (EV) | $7,472,034 (383.28%) | $1,546,115 (-70.27%) | $5,200,787 | - |
Earnings Before Tax (EBT) | -$7,766,515 (-16.55%) | -$6,663,428 (-17.28%) | -$5,681,833 (-75.12%) | -$3,244,506 (-322.36%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$7,617,129 (-15.85%) | -$6,575,135 (-18.60%) | -$5,544,095 (-73.39%) | -$3,197,396 (-319.48%) |
Invested Capital | $6,020,302 (545.73%) | $932,327 (198.35%) | $312,496 (21.54%) | $257,112 (598.95%) |
Working Capital | $8,500,498 (70.27%) | $4,992,282 (37.12%) | $3,640,726 (13126.50%) | $27,526 (104.41%) |
Tangible Asset Value | $9,387,007 (60.62%) | $5,844,260 (31.56%) | $4,442,254 (568.40%) | $664,611 (368.69%) |
Market Capitalization | $12,015,860 (120.48%) | $5,449,783 (-45.56%) | $10,010,805 | - |
Average Equity | $7,817,932 (17.11%) | $6,675,626 (248.74%) | $1,914,230 (1202.29%) | -$173,660 |
Average Assets | $8,526,834 (18.48%) | $7,196,815 (116.93%) | $3,317,566 (540.87%) | $517,666 |
Invested Capital Average | $3,487,116 (65.46%) | $2,107,544 (423.42%) | $402,647 (291.72%) | $102,790 |
Shares | 2,442,248 (278.14%) | 645,862 (76.78%) | 365,358 (1.80%) | 358,905 |
