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Innovative Eyewear Inc Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20
Revenues0.70.70.1
            Revenue growth-4.5%1111.8% 
Cost of goods sold0.70.50.1
Gross profit-0.10.10.0
            Gross margin-8.5%21.5%-30.3%
Sales and marketing2.11.80.2
Research and development0.50.10.0
General and administrative2.81.40.3
EBITA-4.1-2.1-0.8
            EBITA margin-626.6%-305.9%-1339.0%
Amortization of intangibles0.00.0 
EBIT-4.1-2.1-0.8
            EBIT margin-628.2%-307.0%-1339.0%
Pre-tax income0.00.0-0.8
Income taxes0.00.00.0
            Tax rate  0.0%
Net income-5.7-3.2-0.8
            Net margin-861.2%-469.8%-1347.8%
 
Diluted EPS($0.87)($0.62)($0.26)
Shares outstanding (diluted)6.55.23.0
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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