Innovative Eyewear (LUCY)

Cash on Hand as of June 2024 : A$9.12 Million

According to Innovative Eyewear's latest financial reports the company has A$9.12 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Innovative Eyewear - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$5.27 M	4698.65%
2021-12-31	A$0.1 M	212.92%
2020-12-31	A$0.03 M
2019-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Innovative Eyewear (LUCY) - Cash on Hand