Innovative Eyewear Inc.
Lucyd, Inc engages in the development and sale of smart eyeglasses and sunglasses in North America. Its flagship product is the Lucyd Lyte which enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform various smartphone tasks hands-free. It also provides Nautica Powered by Lucyd smart eyewear collection and various branded accessories, including … Read more
Innovative Eyewear Inc. (LUCY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.146x
Based on the latest financial reports, Innovative Eyewear Inc. (LUCY) has a cash flow conversion efficiency ratio of -0.146x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.50 Million) by net assets ($10.25 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Innovative Eyewear Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Innovative Eyewear Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Innovative Eyewear Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Innovative Eyewear Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bettermoo(d) Food Corporation
OTCQB:MOOOF
|
0.345x |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
0.000x |
|
Creatd Inc
PINK:CRTD
|
-0.187x |
|
Scope Metals Group Ltd
TA:SCOP
|
0.031x |
|
CADENCE MINERALS LS -01
F:2REA
|
N/A |
|
PUDO Inc
OTCQB:PDPTF
|
-0.401x |
|
Visgeneer
TWO:4197
|
-0.060x |
|
Move Logistics Group Ltd
AU:MOV
|
1.609x |
Annual Cash Flow Conversion Efficiency for Innovative Eyewear Inc. (2019–2024)
The table below shows the annual cash flow conversion efficiency of Innovative Eyewear Inc. from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $9.10 Million | $-6.74 Million | -0.741x | +28.56% |
| 2023-12-31 | $5.56 Million | $-5.77 Million | -1.037x | -29.47% |
| 2022-12-31 | $4.02 Million | $-3.22 Million | -0.801x | +86.31% |
| 2021-12-31 | $207.52K | $-1.21 Million | -5.851x | -7862.72% |
| 2020-12-31 | $-534.19K | $-40.26K | 0.075x | -9.43% |
| 2019-12-31 | $-483.82K | $-40.26K | 0.083x | -- |