Innovative Eyewear Inc. (LUCY) intrinsic value & 10-year financials
Innovative Eyewear Inc. (LUCY) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 40.1% a year to $2.7M, with an average return on invested capital of 254.2%.
- Graham intrinsic value
- —
- Share price (Oct 16, 2026)
- $0.79
- Market cap
- $3.2M
- Revenue (FY2025)
- $2.7M
- Revenue growth (6-yr CAGR)
- 40.1%
- ROIC (10-yr avg)
- 254.2%
- Free cash flow (FY2025)
- -$7.3M
LUCY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.7M | -$7.6M | -$1.90 | -$7.3M | — | -83.6% |
| FY2024 | $1.6M | -$7.8M | -$5.19 | -$6.8M | — | -106.0% |
| FY2023 | $1.2M | -$6.7M | -$0.63 | -$5.8M | — | -139.1% |
| FY2022 | $659.8K | -$5.7M | -$0.87 | -$3.3M | — | -268.5% |
| FY2021 | $690.7K | -$3.2M | — | -$1.2M | — | 1868.3% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Innovative Eyewear Inc revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Innovative Eyewear Inc has historically struggled to out-earn its cost of capital, averaging just -62.5% ROIC.
Innovative Eyewear Inc capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Innovative Eyewear Inc is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-63.11 per share.