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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›LUCY›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Innovative Eyewear Inc (LUCY) financials

Income statement

Innovative Eyewear Inc (LUCY) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$691K$660K$1.15M$1.64M$2.66M
Revenue growth—-4.5%74.7%42.0%62.6%
Gross profit$148K-$56.3K-$119K$215K$567K
Gross margin21.5%-8.5%-10.4%13.1%21.3%
Net income-$3.24M-$5.68M-$6.66M-$7.77M-$7.59M
Net margin-469.8%-861.2%-578.2%-474.6%-285.2%
EPS (diluted)—-$0.87-$10.87-$5.19-$1.90

Cash flow

Innovative Eyewear Inc (LUCY) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow-$1.21M-$3.22M-$5.77M-$6.74M-$7.28M
Capital expenditures$20.8K$122K$78.5K$62.2K$72.5K
Free cash flow-$1.23M-$3.35M-$5.84M-$6.80M-$7.35M

Balance sheet

Innovative Eyewear Inc (LUCY) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$79.7K$3.59M$4.29M$2.63M$6.51M
Total assets$824K$4.69M$6.22M$9.84M$10.1M
Total liabilities$617K$665K$660K$743K$1.07M
Shareholders' equity$208K$4.02M$5.56M$9.10M$9.07M
Retained earnings-$4.62M-$10.3M-$17.0M-$24.7M-$32.3M
Shares (wtd avg diluted)6.06M6.53M613K1.50M3.99M

Every figure is extracted from Innovative Eyewear Inc’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Innovative Eyewear Inc's annual revenue?
Innovative Eyewear Inc (LUCY) reported $2.66M of revenue for fiscal year 2025 — up 62.6% from $1.64M in FY2024, per its annual report filed with the SEC.
Is Innovative Eyewear Inc profitable?
Not in FY2025 — LUCY reported a net loss of $7.59M, per SEC filings.
What is Innovative Eyewear Inc's free cash flow?
-$7.35M in FY2025 (operating cash flow -$7.28M minus $72.5K of capital expenditures), from the SEC cash-flow statement.
Does LUCY pay a dividend?
Innovative Eyewear Inc reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full LUCY analysis — verdict, score & filings →Is LUCY a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.