Vuzix Corp.
Vuzix Corporation designs, manufactures, and markets artificial intelligence (AI)-powered smart glasses, waveguides, and augmented reality (AR) technologies in North America, Europe, the Asia Pacific, and internationally. The company offers smart glasses that include M Series, Vuzix Blade, Vuzix Shield, and Vuzix Z100; Mobilium logistics mobility software solution, which supports smart glasses, m… Read more
Vuzix Corp. (0LRL) - Net Assets
Latest net assets as of September 2025: $37.89 Million USD
Based on the latest financial reports, Vuzix Corp. (0LRL) has net assets worth $37.89 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.47 Million) and total liabilities ($4.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $37.89 Million |
| % of Total Assets | 89.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | -22.79% |
| 10-Year Change | 131.74% |
| Growth Volatility | 196.91 |
Vuzix Corp. - Net Assets Trend (2006–2024)
This chart illustrates how Vuzix Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vuzix Corp. (2006–2024)
The table below shows the annual net assets of Vuzix Corp. from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $37.29 Million | -53.84% |
| 2023-12-31 | $80.79 Million | -30.79% |
| 2022-12-31 | $116.73 Million | -18.78% |
| 2021-12-31 | $143.73 Million | +197.55% |
| 2020-12-31 | $48.30 Million | +99.27% |
| 2019-12-31 | $24.24 Million | -20.41% |
| 2018-12-31 | $30.46 Million | +42.46% |
| 2017-12-31 | $21.38 Million | +20.64% |
| 2016-12-31 | $17.72 Million | +10.12% |
| 2015-12-31 | $16.09 Million | +211.77% |
| 2014-12-31 | $-14.40 Million | -10.43% |
| 2013-12-31 | $-13.04 Million | -109.97% |
| 2012-12-31 | $-6.21 Million | +9.01% |
| 2011-12-31 | $-6.82 Million | -100.05% |
| 2010-12-31 | $-3.41 Million | -933.08% |
| 2009-12-31 | $-330.23K | +84.20% |
| 2008-12-31 | $-2.09 Million | -586.03% |
| 2007-12-31 | $430.00K | +170.49% |
| 2006-12-31 | $-610.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vuzix Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 36099295000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $76.55K | 0.21% |
| Other Components | $404.74 Million | 1085.30% |
| Total Equity | $37.29 Million | 100.00% |
Vuzix Corp. Competitors by Market Cap
The table below lists competitors of Vuzix Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paramount Gold Nevada Corp
NYSE MKT:PZG
|
$140.31 Million |
|
MAKUS Inc
KQ:093520
|
$140.37 Million |
|
GER.PERRIER INH. EO 05
F:80T
|
$140.49 Million |
|
Shanghai Yaohua Pilkington Glass Group Co Ltd B
SHG:900918
|
$140.49 Million |
|
I-Sheng Electric Wire & Cable Co Ltd
TW:6115
|
$140.23 Million |
|
Autolus Therapeutics plc
F:6A3A
|
$140.22 Million |
|
Gamania Digital Entertainment Co Ltd
TWO:6180
|
$140.21 Million |
|
Melar Acquisition Corp. I Class A Ordinary Shares
NASDAQ:MACI
|
$140.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vuzix Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,793,857 to 37,292,985, a change of -43,500,872 (-53.8%).
- Net loss of 73,538,157 reduced equity.
- Other factors increased equity by 30,037,285.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-73.54 Million | -197.19% |
| Other Changes | $30.04 Million | +80.54% |
| Total Change | $- | -53.84% |
Book Value vs Market Value Analysis
This analysis compares Vuzix Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $-0.26 | $2.07 | x |
| 2007-12-31 | $0.17 | $2.07 | x |
| 2008-12-31 | $-0.75 | $2.07 | x |
| 2009-12-31 | $-0.11 | $2.07 | x |
| 2010-12-31 | $-0.97 | $2.07 | x |
| 2011-12-31 | $-1.63 | $2.07 | x |
| 2012-12-31 | $-1.70 | $2.07 | x |
| 2013-12-31 | $-2.18 | $2.07 | x |
| 2014-12-31 | $-1.37 | $2.07 | x |
| 2015-12-31 | $1.04 | $2.07 | x |
| 2016-12-31 | $1.05 | $2.07 | x |
| 2017-12-31 | $1.02 | $2.07 | x |
| 2018-12-31 | $1.12 | $2.07 | x |
| 2019-12-31 | $0.80 | $2.07 | x |
| 2020-12-31 | $1.27 | $2.07 | x |
| 2021-12-31 | $2.35 | $2.07 | x |
| 2022-12-31 | $1.83 | $2.07 | x |
| 2023-12-31 | $1.27 | $2.07 | x |
| 2024-12-31 | $0.55 | $2.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vuzix Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -197.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1277.91%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.06x
- Recent ROE (-197.19%) is below the historical average (-81.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | -5.66% | 1.90x | 0.00x | $-480.00K |
| 2007 | -728.57% | -30.15% | 1.46x | 16.60x | $-3.10 Million |
| 2008 | 0.00% | -39.19% | 2.01x | 0.00x | $-4.69 Million |
| 2009 | 0.00% | -27.35% | 1.41x | 0.00x | $-3.22 Million |
| 2010 | 0.00% | -37.18% | 1.33x | 0.00x | $-4.22 Million |
| 2011 | 0.00% | -29.72% | 2.24x | 0.00x | $-3.20 Million |
| 2012 | 0.00% | 10.00% | 1.33x | 0.00x | $943.80K |
| 2013 | 0.00% | -424.70% | 0.83x | 0.00x | $-8.84 Million |
| 2014 | 0.00% | -259.52% | 0.82x | 0.00x | $-6.43 Million |
| 2015 | -83.44% | -488.27% | 0.14x | 1.22x | $-15.04 Million |
| 2016 | -108.62% | -904.87% | 0.10x | 1.26x | $-21.02 Million |
| 2017 | -91.83% | -354.54% | 0.21x | 1.26x | $-21.77 Million |
| 2018 | -71.82% | -270.26% | 0.23x | 1.15x | $-24.92 Million |
| 2019 | -109.22% | -396.91% | 0.23x | 1.17x | $-28.90 Million |
| 2020 | -37.17% | -155.01% | 0.22x | 1.09x | $-22.78 Million |
| 2021 | -28.09% | -306.70% | 0.09x | 1.03x | $-54.75 Million |
| 2022 | -34.92% | -344.41% | 0.09x | 1.13x | $-52.44 Million |
| 2023 | -62.07% | -413.46% | 0.14x | 1.07x | $-58.23 Million |
| 2024 | -197.19% | -1277.91% | 0.15x | 1.06x | $-77.27 Million |
Industry Comparison
This section compares Vuzix Corp.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vuzix Corp. (0LRL) | $37.89 Million | 0.00% | 0.12x | $140.24 Million |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |