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Innovative Eyewear (Innovative Eyewear) Pre-Tax Income : $-7.20 Mil (TTM As of Mar. 2024)


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What is Innovative Eyewear Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Innovative Eyewear's pretax income for the three months ended in Mar. 2024 was $-1.97 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.20 Mil. Innovative Eyewear's pretax margin was -514.62%.

During the past 5 years, Innovative Eyewear's highest Pretax Margin was -469.61%. The lowest was -2180.00%. And the median was -860.91%.


Innovative Eyewear Pre-Tax Income Historical Data

The historical data trend for Innovative Eyewear's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Innovative Eyewear Pre-Tax Income Chart

Innovative Eyewear Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-0.11 -0.77 -3.25 -5.68 -6.66

Innovative Eyewear Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.43 -1.29 -1.55 -2.39 -1.97

Competitive Comparison of Innovative Eyewear's Pre-Tax Income

For the Medical Instruments & Supplies subindustry, Innovative Eyewear's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovative Eyewear's Pre-Tax Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Innovative Eyewear's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Innovative Eyewear's Pre-Tax Income falls into.



Innovative Eyewear Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Innovative Eyewear's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-6.856+0.195+-0.003+0+0.00099999999999945
=-6.66

Innovative Eyewear's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-2.015+0.043+0+0+0.0010000000000001
=-1.97

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.20 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovative Eyewear  (NAS:LUCY) Pre-Tax Income Explanation

Innovative Eyewear's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.971/0.383
=-514.62%

During the past 5 years, Innovative Eyewear's highest Pretax Margin was -469.61%. The lowest was -2180.00%. And the median was -860.91%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Innovative Eyewear Pre-Tax Income Related Terms

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Innovative Eyewear (Innovative Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
11900 Biscayne Boulevard, Suite 630, North Miami, FL, USA, 33138
Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free.
Executives
Olivia C. Bartlett director 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Louis Castro director 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Konrad Dabrowski officer: Chief Financial Officer 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Kristen Mclaughlin director 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Harrison R. Gross director, officer: Chief Executive Officer 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33131
Frank Rescigna director 8101 BISCAYNE BLVD., SUITE 705, MIAMI FL 33138
Lucyd Ltd. 10 percent owner 11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
David Eric Cohen officer: Chief Technology Officer 11900 BISCAYNE BLVD., SUITE 705630, MIAMI FL 33131