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Innovative Eyewear, Inc.

LUCYW•NASDAQ
Healthcare
Medical - Instruments & Supplies
$0.06
$0.003(5.09%)
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Over the last four quarters, Innovative Eyewear, Inc. achieved steady financial progress, growing revenue from $615754.00 in Q4 2023 to $253599.00 in Q3 2024. Gross profit stayed firm with margins at 23% in Q3 2024 versus -29% in Q4 2023. Operating income totaled -$1.76M in Q3 2024, maintaining a -695% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$1.69M. Net income dropped to -$1.72B, with EPS at -$990.72. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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