Vuzix: Waveguides as Growth Drivers for the Comeback of the Smart Glass Pioneer

The manufacturer of smart glasses had to face a severe drop in revenue from 12.1 million USD to 5.8 million USD in the fiscal year 2024. The current record revenue still dates back to 2021, and the goal of achieving its first profit has become more distant in recent years. Vuzix's stock reacted with a rapid decline from its all-time high at the beginning of 2021 at 32.43 USD down to a low of 0.83 USD by the end of 2024. However, since the 4th quarter of 2024, there has been a visible recovery in revenue and a reduction in losses. The stock responded...