Founded in 1997, Vuzix is a growing, dynamic company that specializes in the design and manufacture of high quality wearable optical display systems for commercial, industrial, and consumer applications. Products include consumer video, gaming display, medical, and ruggedized display systems for industrial customers. Our rapid response philosophy provides turnkey solutions for components and fully integrated solutions engineered to customer requirements Worn like regular glasses, all of our Video Eyewear models provide a big screen viewing experience ranging from 44" to 75" virtual displays. Now you can connect to PCs, portable media players, gaming consoles, mobile phones and laptops.
Type
Public
HQ
West Henrietta, US
Founded
1997
Size (employees)
41 (est)
Website
vuzix.com
Vuzix was founded in 1997 and is headquartered in West Henrietta, US

Vuzix Office Locations

Vuzix has an office in West Henrietta
West Henrietta, US (HQ)
a 25 Hendrix Rd

Vuzix Financials and Metrics

Vuzix Financials

Vuzix's revenue was reported to be $2.1 m in FY, 2016
USD

Revenue (Q2, 2017)

1.3 m

Gross profit (Q2, 2017)

(429.5 k)

Gross profit margin (Q2, 2017), %

(32%)

Net income (Q2, 2017)

(4.1 m)

EBIT (Q2, 2017)

(4 m)

Market capitalization (11-Dec-2017)

153.8 m

Cash (30-Jun-2017)

6.1 m
Vuzix's current market capitalization is $153.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.4 m3 m2.7 m2.1 m

Revenue growth, %

27%(9%)(23%)

Cost of goods sold

1.6 m2.1 m2.2 m3.3 m

Gross profit

807 k930.2 k566.2 k(1.2 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

338.8 k798.4 k723.3 k664.6 k809.2 k427.8 k970.4 k363.8 k560.9 k582.5 k1.2 m1.3 m

Cost of goods sold

190 k450.2 k462.2 k460.2 k630.8 k392.5 k644.2 k603 k686.9 k819.1 k1.1 m1.8 m

Gross profit

148.8 k348.2 k261 k204.4 k178.3 k35.3 k326.1 k(239.1 k)(126.1 k)(236.6 k)148.8 k(429.5 k)

Gross profit Margin, %

44%44%36%31%22%8%34%(66%)(22%)(41%)12%(32%)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

310.1 k85 k11.9 m14.5 m

Accounts Receivable

214.9 k383.5 k325.7 k103.3 k

Inventories

953.6 k26.5 m48.1 m2.7 m

Current Assets

1.7 m2 m16.5 m18.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

2.6 m271.8 k2 m564.3 k22.9 m15 m16.1 m8.2 m4.6 m5.9 m10.4 m6.1 m

Accounts Receivable

163.8 k187.8 k166.1 k117.5 k255.1 k84.4 k664.6 k56.5 k101.9 k119.3 k320.6 k142.5 k

Inventories

645.3 k1 m916.8 k1.1 m1 m1.1 m1.8 m3.4 m3.5 m4 m2.7 m3.4 m

Current Assets

3.5 m1.6 m3.1 m2 m24.5 m22.6 m20.1 m12.5 m9.5 m11.1 m14.2 m10.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.1 m)(7.9 m)(13.4 m)(19.3 m)

Depreciation and Amortization

377.8 k279.3 k380.8 k770.7 k

Accounts Receivable

(44.3 k)(168.6 k)2.4 m

Inventories

(266.4 k)41.7 k3.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(1.9 m)1.5 m239.1 k(3.3 m)(5.1 m)(2.4 m)(2.4 m)(3.8 m)(4.1 m)(5 m)(4.2 m)

Depreciation and Amortization

95.6 k99.7 k101.4 k59.7 k59.6 k78.5 k88.3 k169.2 k183.7 k196.4 k239.8 k

Accounts Receivable

166.1 k117.5 k269.2 k(217.3 k)

Inventories

916.8 k(57 k)(69.6 k)
Y, 2017

Financial Leverage

1.3 x
Show all financial metrics

Vuzix Operating Metrics

Vuzix's Patent Applications was reported to be 39 in FY, 2016, which is a 70% increase from the previous period
FY, 2014FY, 2015FY, 2016

Patents Pending

394051

Patent Applications

102339

Trademarks (US)

1087

Trademarks (foreign)

414242
Show all operating metrics

Vuzix Market Value History

Vuzix's Web-traffic and Trends

Vuzix Online and Social Media Presence

Vuzix News and Updates

AR and VR Smart Glasses Market is projected to reach USD 31 Billion at a CAGR of over 13% by Forecast to 2023

Global AR and VR Smart Glasses Market: by Device Type (Binocular, Monocular), Product (Mobile phone smart glasses, Integrated Smart glasses) –Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Vuzix (NAZDAQ: VUZI) - An Undervalued Drone Tech Play

This article is published in collaboration with Scutify, where you can find real-time markets a

Accenture Uses Smart Glasses by Vuzix Corporation (NASDAQ: VUZI) for Airbus Improvements

This article is published in collaboration with Scutify, where you can find real-time markets a

Vuzix Company Life and Culture

You may also be interested in