Tekcapital portfolio company Innovative Eyewear has announced preliminary unaudited results showing record-breaking growth, with full-year 2025 sales reaching $2.7 million, representing a substantial 65% increase from $1.6 million in 2024.
Most notably, the smart eyewear manufacturer, which produces smart eyewear under the Lucyd, Lucyd Armor, Reebok, Eddie Bauer and Nautica brands, achieved fourth-quarter sales of approximately $1 million, a 45% increase compared with the same period in 2024.
The continuation of this sales performance would see the firm generate $4m in revenue this year and put it on a path to profitability.
Lucyd management attributes the strong performance to operational progress and growing traction across its brand portfolio, particularly the Lucyd Armor smart safety and Reebok sport collections.
The safety line is becoming a real winner for the firm, and the company now has approximately 44% market share of smart safety glasses on Amazon.com and is believed to be the only smart safety glass on the platform with full safety certification in both the US and Canada.
In a display of confidence in the company’s prospects, five senior executives have announced their intention to purchase shares in the open market. Harrison Gross (CEO), Oswald Gayle (CFO), Joaquin Abondano (COO), Eric Cohen (CTO) and Konrad Dabrowski (Chief AI and Growth Officer) plan to make the purchases.
The company said, ‘The planned purchases reflect management’s strong confidence in the Company’s strategic direction, long-term growth prospects, and current market valuation.’
The timing and amount of purchases will depend on market conditions, with all transactions conducted in compliance with applicable securities laws and the company’s insider trading policy.
“Whilst these results remain subject to audit, we are pleased with the preliminary sales growth achieved in both the fourth quarter and full year 2025 compared to 2024,” said Harrison Gross, CEO of Innovative Eyewear.
“We believe this performance reflects growing awareness of our brand portfolio and increasing demand for eyewear that integrates smart features alongside vision correction and protection, and the ability to easily use our eyewear with a number of leading AI platforms. Our 2025 efforts to build a robust global fulfilment network have helped to position the Company for faster scale-up across hardware stores, retail, and optical chains worldwide. We are optimistic about our prospects for significant placements with national, well recognized chains during 2026.”