See more : Simply Better Brands Corp. (SBBC.V) Income Statement Analysis – Financial Results
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, Provider of Remote Monitoring and Control Solutions for Backup Generators, Hosts Q4 Investor Call Thurs., March 7th at 11am ET
Acorn, Provider of Remote Monitoring and Control Solutions for Backup Generators, Hosts Q4 Investor Call Thurs., March 7th at 11am ET. Dial: 1-844-834-0644
Acorn Energy, Inc. (ACFN) Q3 2023 Earnings Call Transcript
Acorn Energy, Inc. (OTCQB:ACFN) Q3 2023 Earnings Conference Call November 9, 2023 11:00 AM ET Company Participants Tracy Clifford - CFO and COO, OmniMetrix Jan Loeb - CEO Bill Jones - IR Conference Call Participants Operator Good morning, and welcome...
Acorn Q3 EPS Rises to $0.01 vs. Loss of ($0.08) on 17% Revenue Increase; Signs Generator Dealer Agreement That Could Drive Significant Growth in 2024
Acorn Q3 EPS Rises to $0.01 vs. Loss of ($0.08) on 17% Revenue Increase; Signs Generator Dealer Agreement That Could Drive Significant Growth in 2024.
Acorn, Provider of Remote Monitoring, Control and Electrical Grid Demand Response Solutions for Backup Generators, Hosts Q3 Investor Call Thur., Nov. 9th at 11am ET
Acorn, Provider of Remote Monitoring, Control and Electrical Grid Demand Response Solutions for Stand-by Generators, Hosts Q3 Investor Call Thur., Nov. 9th
Remote Monitoring and Control Solutions Provider Acorn Announces 1-for-16 Reverse Stock Split Intended to Make its Shares Accessible to a Broader Range of Investors
WILMINGTON, Del., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other critical industrial equipment, announced that its Board of Directors...
Acorn Energy, Inc. (ACFN) Q2 2023 Earnings Call Transcript
Acorn Energy, Inc. (OTCQB:ACFN) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Tracy Clifford - CFO and COO, OmniMetrix Jan Loeb - CEO Bill Jones - IR Conference Call Participants Scott Searle - ROTH MKM...
Acorn Achieves Net Income and Positive Cash Flow as Q2 Revenue Rises 22% from Remote Monitoring and Control Solutions for Backup Generators and Gas Pipelines
WILMINGTON, Del., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other critical industrial equipment, announced results for its second quarter...
Acorn, Provider of Remote Monitoring and Control Solutions for Backup Generators, Gas Pipelines, and Other Industrial Assets, Hosts Q2 Investor Call on Thurs., Aug. 10th at 11am ET
WILMINGTON, Del., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors, and other critical industrial equipment, through its OmniMetrix subsidiary, will host...
Remote Monitoring and IoT Solutions Provider for
WILMINGTON, Del., May 05, 2023 (GLOBE NEWSWIRE) — Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors, and other critical industrial equipment, through its OmniMetrix subsidiary, will host...
Remote Monitoring and Control Provider Acorn Appoints
WILMINGTON, Del., March 21, 2023 (GLOBE NEWSWIRE) — Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors, and other critical industrial equipment today announced the appointment of buy-side...
Source: https://incomestatements.info
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