OverviewSuggest Edit

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.
TypePublic
Founded1997
HQWest Henrietta, NY, US
Websitevuzix.com
Employee Ratings4.6

Latest Updates

Employees (est.) (Mar 2020)90(+10%)
Job Openings8
Revenue (FY, 2020)$11.6 M(+74%)
Share Price (Sept 2021)$12.1(+3%)
Cybersecurity ratingAMore

Key People/Management at Vuzix

Paul J. Travers

Paul J. Travers

CEO, President and Director
Grant Russell

Grant Russell

CFO, Executive Vice President, Treasurer and Director
Shane Porzio

Shane Porzio

Vice President, Engineering
Nathaniel S. Bank

Nathaniel S. Bank

Corporate Counsel
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Vuzix Office Locations

Vuzix has offices in West Henrietta, 港区 and Oxford
West Henrietta, NY, US (HQ)
25 Hendrix Rd
港区, JP
3-13-6 4F Akasaka Kokusai Amano Bldg
Oxford, GB
St. John's House, 5 S Parade, Summertown
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Vuzix Financials and Metrics

Vuzix Revenue

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Vuzix's revenue was reported to be $11.58 m in FY, 2020
USD

Revenue (FY, 2020)

11.6m

Gross profit (FY, 2020)

1.9m

Gross profit margin (FY, 2020), %

16.6%

Net income (FY, 2020)

(18.0m)

EBIT (FY, 2020)

(19.1m)

Market capitalization (9-Sept-2021)

762.6m

Closing stock price (9-Sept-2021)

12.1

Cash (31-Dec-2020)

36.1m

EV

729.5m
Vuzix's current market capitalization is $762.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

418.0k66.6k310.1k85.0k11.9m14.5m14.9m17.3m10.6m36.1m

Accounts Receivable

1.1m170.6k214.9k383.5k325.7k103.3k974.2k772.3k1.4m1.4m

Prepaid Expenses

74.6k85.8k873.9k1.3m895.1k738.6k

Inventories

2.5m687.2k953.6k26.5m48.1m2.7m3.9m7.3m5.7m6.1m
USDQ2, 2011

Debt/Equity

-0.8 x

Debt/Assets

0.6 x

Financial Leverage

-1.5 x
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Vuzix Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

505050

Patent Applications

102339

Patents Pending

394051

Trademarks (Foreign)

414242
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Vuzix Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Vuzix Online and Social Media Presence

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Vuzix News and Updates

Global Augmented Reality Market Report 2021-2026 Featuring Key Companies - Kopin, Seiko Epson, Vuzix, Sony, Lenovo and Samsung

Dublin, Aug. 09, 2021 (GLOBE NEWSWIRE) -- The "Augmented Reality Market Global Forecast by Segments, Region, End-User, Headset Volume, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Vuzix Expands Global Smart Glasses Healthcare Presence into Canada with TeleVU Innovation

ROCHESTER, N.Y., July 20, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that TeleVU Innovation ("TeleVU"), a Canadian supplier of user-friendly...

Augmented Reality and Smart Glasses Technology Provider Vuzix Issues 2021 Shareholder Letter

ROCHESTER, N.Y., June 16, 2021 /PRNewswire/ -- Vuzix® Corporation (Nasdaq: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, has released its June 2021 Shareholder Letter, which discusses recent milestones achieved...

Vuzix Stock Growth Shows Investor Excitement for Augmented Reality (Dmytro Spilka)

2021 has been a challenging year for the development of new technologies. Still operating in the sha...

Vuzix, Softfoundry and Porsche China to Host in Mandarin a Remote Assistance Software Demo on M-Series Smart Glasses

ROCHESTER, N.Y., May 19, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced an upcoming demo of the Vuzix M400 and M4000 Smart Glasses specifically for...

Pixee Medical Surgery Solution Has Received Clearance to Enter U.S. Knee Surgery Market with Vuzix AR M400 Smart Glasses

ROCHESTER, N.Y., May 3, 2021 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that Pixee Medical, a France-based supplier of high-performance...
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Vuzix Frequently Asked Questions

  • When was Vuzix founded?

    Vuzix was founded in 1997.

  • Who are Vuzix key executives?

    Vuzix's key executives are Paul J. Travers, Grant Russell and Shane Porzio.

  • How many employees does Vuzix have?

    Vuzix has 90 employees.

  • What is Vuzix revenue?

    Latest Vuzix annual revenue is $11.6 m.

  • What is Vuzix revenue per employee?

    Latest Vuzix revenue per employee is $128.7 k.

  • Who are Vuzix competitors?

    Competitors of Vuzix include ThirdEye Gen, MicroVision and VRteek.

  • Where is Vuzix headquarters?

    Vuzix headquarters is located at 25 Hendrix Rd, West Henrietta.

  • Where are Vuzix offices?

    Vuzix has offices in West Henrietta, 港区 and Oxford.

  • How many offices does Vuzix have?

    Vuzix has 3 offices.