Innovative Eyewear Past Earnings Performance
Past criteria checks 0/6
Innovative Eyewear's earnings have been declining at an average annual rate of -42.2%, while the Medical Equipment industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 43.2% per year.
Key information
-42.2%
Earnings growth rate
-11.7%
EPS growth rate
| Medical Equipment Industry Growth | 8.9% |
| Revenue growth rate | 43.2% |
| Return on equity | -73.5% |
| Net Margin | -514.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Innovative Eyewear makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2 | -8 | 8 | 1 |
| 30 Jun 24 | 2 | -8 | 7 | 1 |
| 31 Mar 24 | 1 | -7 | 7 | 1 |
| 31 Dec 23 | 1 | -7 | 6 | 1 |
| 30 Sep 23 | 1 | -6 | 5 | 1 |
| 30 Jun 23 | 1 | -6 | 5 | 1 |
| 31 Mar 23 | 1 | -6 | 5 | 1 |
| 31 Dec 22 | 1 | -6 | 5 | 1 |
| 30 Sep 22 | 1 | -5 | 5 | 0 |
| 30 Jun 22 | 1 | -5 | 5 | 0 |
| 31 Mar 22 | 1 | -4 | 4 | 0 |
| 31 Dec 21 | 1 | -3 | 3 | 0 |
| 30 Sep 21 | 0 | -2 | 2 | 0 |
| 30 Jun 21 | 0 | -1 | 1 | 0 |
| 31 Mar 21 | 0 | -1 | 1 | 0 |
| 31 Dec 20 | 0 | -1 | 1 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
Quality Earnings: LUCY is currently unprofitable.
Growing Profit Margin: LUCY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LUCY is unprofitable, and losses have increased over the past 5 years at a rate of 42.2% per year.
Accelerating Growth: Unable to compare LUCY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LUCY is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (12.6%).
Return on Equity
High ROE: LUCY has a negative Return on Equity (-73.5%), as it is currently unprofitable.