Innovative Eyewear Full Year 2023 Earnings: US$0.63 loss per share (vs US$0.87 loss in FY 2022)

Innovative Eyewear (NASDAQ:LUCY) Full Year 2023 Results

Key Financial Results

• Revenue: US$1.15m (up 75% from FY 2022).
• Net loss: US$6.66m (loss widened by 17% from FY 2022).
• US$0.63 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Innovative Eyewear Earnings Insights

Looking ahead, revenue is forecast to grow 103% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 6.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 5 warning signs for Innovative Eyewear (4 can't be ignored!) that we have uncovered.

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