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Complete financial analysis of Acorn Energy, Inc. (ACFN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Acorn Energy, Inc., a leading company in the Hardware, Equipment & Parts industry within the Technology sector.
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Acorn Energy, Inc. (ACFN)
About Acorn Energy, Inc.
Acorn Energy, Inc., through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates through two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, compressors, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications. The CP segment offers remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies. The company was incorporated in 1986 and is based in Wilmington, Delaware.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.06M | 7.00M | 6.78M | 5.92M | 5.49M | 5.09M | 4.35M | 8.66M | 19.06M | 19.56M | 21.76M | 19.42M | 18.93M | 35.69M | 31.32M | 20.70M | 5.66M | 4.12M | 21.86M | 30.11M | 35.03M | 55.89M | 45.92M | 57.84M | 39.71M | 37.50M | 40.00M | 131.80M | 129.80M | 79.70M | 57.90M | 16.00M | 11.10M | 7.60M | 6.20M |
| Cost of Revenue | 2.06M | 1.93M | 1.88M | 1.79M | 1.90M | 1.97M | 1.90M | 5.13M | 12.87M | 12.92M | 16.60M | 14.22M | 12.02M | 22.53M | 17.77M | 14.16M | 4.25M | 2.76M | 17.45M | 23.59M | 27.98M | 42.91M | 36.71M | 45.61M | 29.70M | 27.80M | 30.90M | 85.30M | 82.00M | 54.20M | 41.00M | 10.80M | 7.40M | 5.40M | 4.60M |
| Gross Profit | 6.00M | 5.07M | 4.90M | 4.13M | 3.59M | 3.12M | 2.45M | 3.53M | 6.19M | 6.64M | 5.16M | 5.20M | 6.91M | 13.16M | 13.55M | 6.53M | 1.41M | 1.35M | 4.42M | 6.53M | 7.06M | 12.98M | 9.21M | 12.23M | 10.01M | 9.70M | 9.10M | 46.50M | 47.80M | 25.50M | 16.90M | 5.20M | 3.70M | 2.20M | 1.60M |
| Gross Profit Ratio | 74.50% | 72.44% | 72.30% | 69.76% | 65.39% | 61.37% | 56.25% | 40.71% | 32.47% | 33.94% | 23.70% | 26.79% | 36.52% | 36.87% | 43.27% | 31.57% | 24.95% | 32.89% | 20.21% | 21.67% | 20.15% | 23.23% | 20.06% | 21.15% | 25.20% | 25.87% | 22.75% | 35.28% | 36.83% | 31.99% | 29.19% | 32.50% | 33.33% | 28.95% | 25.81% |
| Research & Development | 875.00K | 845.00K | 739.00K | 619.00K | 559.00K | 542.00K | 518.00K | 927.00K | 2.21M | 2.71M | 8.18M | 6.59M | 3.00M | 1.13M | 569.00K | 1.17M | 415.00K | 324.00K | 53.00K | 30.00K | 153.00K | 1.53M | 2.28M | 928.00K | 1.27M | 1.60M | 1.00M | 5.10M | 2.60M | 2.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 5.03M | 4.79M | 4.15M | 3.81M | 3.71M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.60M | 1.50M |
| Selling & Marketing | 24.00K | 16.00K | 17.00K | 15.00K | 17.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 138.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.06M | 4.80M | 4.17M | 3.82M | 3.73M | 3.96M | 3.84M | 5.65M | 11.51M | 12.02M | 19.82M | 19.36M | 11.95M | 17.69M | 18.52M | 11.67M | 5.39M | 4.66M | 6.54M | 7.37M | 10.50M | 16.75M | 17.64M | 16.34M | 12.73M | 14.30M | 18.90M | 18.60M | 15.90M | 10.60M | 8.60M | 3.70M | 2.20M | 1.60M | 1.50M |
| Other Expenses | 0.00 | 0.00 | 0.00 | 421.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.17M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.85M | 0.00 | 0.00 | 1.65M | 1.40M | 1.50M | 16.80M | 8.90M | 4.30M | 2.30M | 600.00K | 400.00K | 0.00 | 0.00 |
| Operating Expenses | 5.93M | 5.65M | 4.91M | 4.44M | 4.29M | 4.50M | 4.36M | 6.58M | 13.71M | 14.74M | 27.99M | 25.95M | 14.95M | 18.82M | 19.09M | 12.84M | 5.81M | 4.98M | 6.60M | 7.40M | 10.65M | 21.13M | 19.53M | 17.27M | 15.65M | 17.30M | 21.40M | 40.50M | 27.40M | 17.80M | 10.90M | 4.30M | 2.60M | 1.60M | 1.50M |
| Cost & Expenses | 7.99M | 7.58M | 6.78M | 6.23M | 6.19M | 6.46M | 6.26M | 11.71M | 26.58M | 27.66M | 44.59M | 40.17M | 26.96M | 41.35M | 36.85M | 27.00M | 10.05M | 7.75M | 24.04M | 30.99M | 38.63M | 64.04M | 56.24M | 62.87M | 45.36M | 45.10M | 52.30M | 125.80M | 109.40M | 72.00M | 51.90M | 15.10M | 10.00M | 7.00M | 6.10M |
| Interest Income | 64.00K | 2.00K | 5.00K | 31.00K | 3.00K | 6.00K | 1.00K | 1.00K | 26.00K | 19.00K | 48.00K | 146.00K | 39.00K | 44.00K | 0.00 | 0.00 | 0.00 | 0.00 | 29.00K | 84.00K | 61.00K | 253.00K | 1.10M | 1.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 2.00K | 5.00K | 35.00K | 24.00K | 104.00K | 232.00K | 604.00K | 510.00K | 196.00K | 108.00K | 104.00K | 26.00K | 239.00K | 231.00K | 3.03M | 1.59M | 30.00K | 99.00K | 175.00K | 788.00K | 1.21M | 459.00K | 709.00K | 0.00 | 400.00K | 0.00 | 2.20M | 2.40M | 0.00 | 0.00 | 0.00 | 0.00 | -200.00K | -200.00K |
| Depreciation & Amortization | 161.00K | 246.00K | 192.00K | 140.00K | 84.00K | 66.00K | 75.00K | 146.00K | 472.00K | 648.00K | 1.46M | 1.41M | 851.00K | 1.91M | 1.78M | 1.30M | 300.00K | 204.00K | 254.00K | 227.00K | 527.00K | 1.18M | 1.34M | 1.70M | 1.65M | 1.40M | 1.50M | 16.80M | 8.90M | 4.30M | 2.30M | 600.00K | 400.00K | 370.00K | 230.00K |
| EBITDA | 302.00K | -456.00K | 67.00K | 251.00K | -643.00K | -1.30M | -1.84M | 668.00K | -4.86M | -9.45M | -20.05M | -19.18M | -6.52M | -5.32M | -3.76M | -817.00K | 35.35M | -3.51M | -1.94M | -2.05M | -4.72M | -6.97M | -8.98M | -3.33M | -4.00M | -9.70M | -11.00M | 22.50M | 29.20M | 12.00M | 8.30M | 1.50M | 1.50M | 570.00K | -70.00K |
| EBITDA Ratio | 3.75% | -6.51% | 0.99% | -4.86% | -12.73% | -27.05% | -18.87% | 10.56% | -36.07% | -38.00% | -97.21% | -98.85% | 124.26% | -10.51% | -12.00% | -24.18% | 599.95% | -138.91% | -4.59% | -1.02% | -2.39% | -7.57% | -20.13% | -7.66% | 3.31% | -0.80% | -48.00% | 14.11% | -1.54% | -2.76% | 14.51% | -14.38% | 12.61% | 7.50% | -1.13% |
| Operating Income | 74.00K | -578.00K | -8.00K | -310.00K | -699.00K | -1.38M | -1.91M | -3.05M | -9.09M | -10.17M | -30.96M | -20.75M | -8.03M | -6.82M | -8.23M | -12.41M | -4.39M | -3.63M | -2.18M | -873.00K | -3.59M | -8.15M | -10.32M | -5.04M | -5.65M | -7.60M | -12.30M | 6.00M | 20.40M | 7.70M | 6.00M | 900.00K | 1.10M | 200.00K | -300.00K |
| Operating Income Ratio | 0.92% | -8.26% | -0.12% | -5.23% | -12.73% | -27.05% | -43.93% | -35.26% | -47.69% | -51.97% | -142.28% | -106.84% | -42.45% | -19.11% | -26.27% | -59.97% | -77.61% | -88.12% | -9.96% | -2.90% | -10.26% | -14.58% | -22.47% | -8.71% | -14.22% | -20.27% | -30.75% | 4.55% | 15.72% | 9.66% | 10.36% | 5.63% | 9.91% | 2.63% | -4.84% |
| Total Other Income/Expenses | 64.00K | -53.00K | -5.00K | 386.00K | 2.00K | -74.00K | -231.00K | 2.97M | -327.00K | -129.00K | -9.49M | -243.00K | 466.00K | -598.00K | -2.04M | 7.10M | 37.67M | 300.00K | 33.00K | 134.00K | -1.01M | 34.00K | 513.00K | 2.14M | -6.44M | -5.90M | 5.80M | -5.90M | 3.60M | 3.70M | -2.30M | 3.90M | 0.00 | 200.00K | 100.00K |
| Income Before Tax | 138.00K | -631.00K | -13.00K | 76.00K | -697.00K | -1.48M | -2.14M | -82.00K | -9.42M | -10.30M | -30.83M | -20.69M | -7.57M | -7.42M | -7.05M | -5.32M | 33.28M | -3.33M | -2.24M | -767.00K | -4.80M | -8.12M | -9.81M | -2.89M | -12.08M | -12.90M | -6.90M | 100.00K | 24.00M | 11.40M | 3.70M | 4.80M | 1.10M | 400.00K | -200.00K |
| Income Before Tax Ratio | 1.71% | -9.01% | -0.19% | 1.28% | -12.70% | -29.09% | -49.24% | -0.95% | -49.43% | -52.63% | -141.72% | -106.55% | -39.98% | -20.79% | -22.52% | -25.68% | 587.95% | -80.84% | -10.25% | -2.55% | -13.69% | -14.52% | -21.35% | -5.00% | -30.43% | -34.40% | -17.25% | 0.08% | 18.49% | 14.30% | 6.39% | 30.00% | 9.91% | 5.26% | -3.23% |
| Income Tax Expense | 9.00K | 2.00K | 13.00K | 42.00K | -137.00K | -86.00K | 41.00K | 19.00K | 211.00K | 164.00K | 156.00K | -2.96M | -12.77M | 671.00K | -744.00K | 342.00K | -445.00K | 183.00K | -38.00K | 126.00K | -1.00K | 28.00K | -11.00K | 171.00K | 3.79M | 12.90M | 3.00M | 2.10M | 4.80M | 1.60M | 1.60M | 500.00K | 400.00K | 200.00K | 100.00K |
| Net Income | 119.00K | -633.00K | -26.00K | 34.00K | -560.00K | -2.00M | -1.17M | 145.00K | -10.60M | -27.15M | -29.71M | -16.71M | 35.41M | -25.09M | -5.76M | -7.90M | 32.52M | -6.14M | -1.32M | -1.17M | -6.28M | -8.14M | -9.80M | 112.00K | -15.98M | -12.90M | -9.90M | -2.00M | 19.20M | 9.80M | 2.10M | 4.30M | 700.00K | 200.00K | -300.00K |
| Net Income Ratio | 1.48% | -9.04% | -0.38% | 0.57% | -10.20% | -39.34% | -26.87% | 1.67% | -55.62% | -138.78% | -136.58% | -86.05% | 187.07% | -70.29% | -18.38% | -38.15% | 574.51% | -149.04% | -6.03% | -3.89% | -17.93% | -14.57% | -21.33% | 0.19% | -40.24% | -34.40% | -24.75% | -1.52% | 14.79% | 12.30% | 3.63% | 26.88% | 6.31% | 2.63% | -4.84% |
| EPS | 0.05 | -0.26 | -0.01 | 0.01 | -0.25 | -1.12 | -0.64 | 0.24 | -6.36 | -19.19 | -25.13 | -14.94 | 2.03 | -1.68 | -0.50 | -0.69 | 3.30 | -0.71 | -0.16 | -0.15 | -0.81 | -1.11 | -1.41 | 0.02 | -2.15 | -1.75 | -1.34 | -0.27 | 2.62 | 1.45 | 0.44 | 1.05 | 0.38 | 0.13 | -0.20 |
| EPS Diluted | 0.05 | -0.26 | -0.01 | 0.01 | -0.25 | -1.08 | -0.64 | 0.24 | -6.33 | -19.01 | -25.13 | -14.94 | 1.99 | -1.68 | -0.50 | -0.69 | 2.80 | -0.71 | -0.16 | -0.15 | -0.81 | -1.11 | -1.41 | 0.02 | -2.15 | -1.75 | -1.34 | -0.27 | 2.62 | 1.45 | 0.44 | 1.05 | 0.38 | 0.13 | -0.20 |
| Weighted Avg Shares Out | 2.48M | 2.48M | 2.48M | 2.48M | 2.22M | 1.79M | 1.84M | 1.78M | 1.67M | 1.41M | 1.18M | 1.12M | 17.46M | 14.91M | 11.45M | 11.37M | 9.85M | 8.69M | 8.12M | 7.98M | 7.74M | 7.35M | 6.97M | 7.42M | 7.43M | 7.39M | 7.37M | 7.35M | 7.33M | 6.76M | 4.77M | 4.10M | 1.84M | 1.60M | 1.50M |
| Weighted Avg Shares Out (Dil) | 2.50M | 2.48M | 2.48M | 2.48M | 2.22M | 1.85M | 1.84M | 1.78M | 1.68M | 1.43M | 1.18M | 1.12M | 17.74M | 14.91M | 11.45M | 11.37M | 12.18M | 8.69M | 8.12M | 7.98M | 7.74M | 7.35M | 6.97M | 7.81M | 7.43M | 7.39M | 7.37M | 7.35M | 7.33M | 6.76M | 4.77M | 4.10M | 1.84M | 1.60M | 1.50M |
Acorn Energy, Inc. (ACFN) Q3 2024 Earnings Call Transcript
Acorn Energy, Inc. (OTCQB:ACFN) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Tracy Clifford - Chief Financial Officer & Chief Operating Officer, OmniMetrix Jan Loeb - Chief Executive Officer of Acorn & OmniMetrix Conference Call...
Acorn, Backup Power Generator Monitoring and Control Provider, Presents at Virtual Investor Summit, Microcap Investor Conference on Nov. 21st
WILMINGTON, DE / ACCESSWIRE / November 12, 2024 / Acorn Energy, Inc. (OTCQB:ACFN), a provider of remote monitoring and control solutions for backup power generators, gas pipelines and air compressors, will be presenting at the Virtual Investor Summit, microcap investor...
Acorn's Q3 Revenue Rose 46% to $3.05M and EPS Rose to $0.29 vs. $0.01, Inclusive of the Initial Benefit of 2-Year Contract for Remote Monitoring of Backup Generators for Cell Towers
Acorn's Q3 Revenue Rose 46% to $3.05M & EPS Rose to $0.29 vs. $0.01, Including Initial Benefit of 2-Year Contract for Monitoring of Cell Tower Generators.
Backup Power Generator Monitoring and Control Provider Acorn Hosts Q3 Earnings Call Thur. Nov. 7th at 11am ET
ACFN: Backup Power Generator Monitoring and Control Provider Acorn Hosts Q3 Earnings Call Thursday, November 7th at 11am ET. Dial-in: 844-834-0644. $ACFN
Acorn Hosts Virtual and In-Person Stockholder Meeting with Management Q&A Tuesday, September 17th at 2pm ET
Remote Monitoring & Control Solutions Provider Acorn Hosts Virtual & In-Person Stockholder Meeting with Management Q&A Tuesday, September 17th at 2pm ET.
Acorn's Q2'24 EPS Improves to $0.11 vs. $0.04 on Revenue Increase in Remote Monitoring and Control Solutions for Backup Power Generators
ACFN: Acorn's Q2'24 EPS Improves to $0.11 v. $0.04 on Continued Growth in Remote Monitoring and Control Solutions for Backup Power Generators. 11am Call.
Acorn, Provider of Remote Monitoring and Control Solutions for Backup Power Generators, Hosts Q2 Conf. Call Thu., Aug. 8th at 11am ET
WILMINGTON, Del., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (OTCQB: ACFN), provider of remote monitoring and control solutions for backup electric generators, gas pipelines and air compressors, will host its Q2 conference call, Thursday, August 8th at 11:00...
Acorn Secures $5M Contract with Leading Wireless Provider for Remote Monitoring and Control of Cell Tower Backup Generators
WILMINGTON, Del., June 05, 2024 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for backup power generators, gas pipelines, air compressors and other mission critical assets, through its OmniMetrix operating subsidiary, today...
Acorn's Q1'24 EPS Improves to $0.03 vs. ($0.03) Loss Per Share on Continued Growth in Remote Monitoring and Control Hardware and Services Revenue
Acorn's Q1'24 EPS Improves to $0.03 vs. ($0.03) Loss on Continued Growth in Remote Monitoring & Control Hardware & Services Revenue 11am call 844-834-0644
Acorn's 2023 EPS Improves to $0.05 vs. ($0.25) Loss Per Share on 15% Revenue Increase; Anticipates Continued Revenue and Earnings Growth in 2024
Acorn's 2023 EPS Improves to $0.05 vs. ($0.25) Loss Per Share on 15% Revenue Increase; Anticipates Continued Revenue & Earnings Growth in 2024. Call today.
Source: https://incomestatements.info
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