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.
West Henrietta, US
Size (employees)
41 (est)
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 Data and Metrics

Vuzix Financial Metrics

Vuzix's revenue was reported to be $2.1 m in FY, 2016 which is a 23% decrease from the previous period.
$, USD

Revenue (FY, 2016)

2.1 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

(1.2 m)

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(19.3 m)

EBIT (FY, 2016)

(18.5 m)

Market capitalization (23-Jun-2017)

130.6 m

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

14.5 m
Vuzix's current market capitalization is $130.6 m.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


2.4 m3 m2.7 m2.1 m

Revenue growth, %


Cost of goods sold

1.6 m2.1 m2.2 m3.3 m

Gross profit

807 k930.2 k566.2 k(1.2 m)

Gross profit Margin, %


R&D expense

1.8 m1.8 m3.6 m6.9 m

General and administrative expense

2.2 m2.6 m6.1 m5.1 m

Operating expense total

5.5 m6 m11.9 m17.4 m


(5 m)(11.3 m)(18.5 m)

EBIT margin, %


Interest expense

(503.8 k)(192.1 k)(131.1 k)

Pre tax profit

(13.4 m)(19.3 m)

Net Income

(10.1 m)(7.9 m)(13.4 m)(19.3 m)
$, USDFY, 2013FY, 2014FY, 2015FY, 2016


310.1 k85 k11.9 m14.5 m

Accounts Receivable

214.9 k383.5 k325.7 k103.3 k


953.6 k26.5 m48.1 m

Current Assets

1.7 m2 m16.5 m18.2 m

Total Assets

2.9 m3.7 m19.6 m22.3 m

Accounts Payable

2.4 m2.2 m907.4 k1.1 m

Total Debt

556.9 k74.1 k

Current Liabilities

3.7 m3.4 m1.8 m4.4 m

Non-Current Liabilities

12.2 m14.7 m1.7 m201.5 k

Total Liabilities

15.9 m18.1 m3.5 m4.6 m

Additional Paid-in Capital

23.2 m29.8 m73.7 m94.5 m

Retained Earnings

(44.2 m)(57.6 m)(76.8 m)

Total Equity

16.1 m17.7 m

Debt to Assets Ratio

0.2 x0 x

Financial Leverage

1.2 x1.3 x
$, 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


(266.4 k)41.7 k3.1 m

Accounts Payable

(379.6 k)(237 k)11.2 m

Cash From Investing Activities

(901.3 k)

Interest Paid

230.1 k88.5 k

Income Taxes Paid

32.5 k
$, USDY, 2016


51.9 k

Financial Leverage

1.3 x

Vuzix Market Value History

Vuzix Online and Social Media Presence

Vuzix News and Updates

Vuzix Company Life and Culture

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