Innovative Eyewear IncLUCYEarnings & Financial Report
General Eyewear is a London-based eyewear company and brand. The company was founded in the late 1990s by Fraser Laing. Originally under the name Arckiv, it produced its own original eyewear designs and had a particular specialism in vintage eyewear.
Revenue
$454.5K
Gross Profit
$220.5K
Operating Profit
N/A
Net Profit
$-1.8M
Gross Margin
48.5%
Operating Margin
N/A
Net Margin
-391.4%
YoY Growth
18.5%
EPS
$-0.72
Innovative Eyewear Inc Q1 FY2025 Financial Summary
Innovative Eyewear Inc reported revenue of $454.5K (up 18.5% YoY) for Q1 FY2025, with a net profit of $-1.8M (up 9.8% YoY) (-391.4% margin). Cost of goods sold was $234.0K.
Key Financial Metrics
| Total Revenue | $454.5K |
|---|---|
| Net Profit | $-1.8M |
| Gross Margin | 48.5% |
| Operating Margin | N/A |
| Report Period | Q1 FY2025 |
Innovative Eyewear Inc Annual Revenue by Year
Innovative Eyewear Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.7M |
| 2024 | $1.6M |
| 2023 | $1.2M |
Innovative Eyewear Inc Quarterly Revenue & Net Profit History
Innovative Eyewear Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $959.8K | +39.0% | $-1.9M | -194.8% |
| Q3 FY2025 | $668.1K | +163.5% | $-1.8M | -274.8% |
| Q2 FY2025 | $579.2K | +87.6% | $-2.1M | -363.6% |
| Q1 FY2025 | $454.5K | +18.5% | $-1.8M | -391.4% |
| Q4 FY2024 | $690.7K | +12.2% | $-2.1M | -307.8% |
| Q3 FY2024 | $253.6K | +14.3% | $-1.7M | -678.5% |
| Q2 FY2024 | $308.7K | +81.7% | $-1.9M | -631.2% |
| Q1 FY2024 | $383.5K | +164.6% | $-2.0M | -514.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $383471 | $308682 | $253599 | $690688 | $454501 | $579230 | $668128 | $959810 |
| YoY Growth | 164.6% | 81.7% | 14.3% | 12.2% | 18.5% | 87.6% | 163.5% | 39.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.8M | $7.9M | $11.6M | $9.8M | $7.9M | $11.9M | $11.2M | $10.1M |
| Liabilities | $911442 | $515085 | $665913 | $743168 | $447241 | $658518 | $925003 | $1.1M |
| Equity | $3.9M | $7.3M | $10.9M | $9.1M | $7.5M | $11.3M | $10.3M | $9.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.5M | $-1.9M | $-1.4M | $-1.9M | $-2.3M | $-2.1M | $-1.5M | $-1.4M |