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Tekcapital ( (GB:TEK) ) just unveiled an update.
Innovative Eyewear Inc., a subsidiary of Tekcapital, reported a significant increase in its Q3 2025 financial results, with a 163% rise in revenue and a 14% improvement in gross profit margins. This growth was driven by the success of its Lucyd Armor smart safety glasses and the Reebok Powered by Lucyd collection. The company also expanded its international presence through successful trade show participations and new distribution partnerships. Despite a net loss, Innovative Eyewear ended the quarter with increased cash reserves and no debt, positioning it well for future growth.
More about Tekcapital
Tekcapital plc is a UK-based intellectual property investment group that creates value by investing in new, university-developed discoveries. It is quoted on the AIM market of the London Stock Exchange and focuses on enhancing people’s lives through innovative technologies.
Average Trading Volume: 797,047
Technical Sentiment Signal: Buy
Current Market Cap: £25.02M
See more data about TEK stock on TipRanks’ Stock Analysis page.