See more : Cembre S.p.A. (CMB.MI) 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 IoT Controls for
WILMINGTON, Del., March 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 through its OmniMetrix subsidiary, to host...
7 Stocks to Sell Right Now
Once again, I drew the short (no pun intended) end of the stick and must discuss stocks to sell right now. Understandably a sensitive topic and one that arouses myriad emotions, I'm just going to stick with the hard numbers.
Acorn Energy, Inc.'s (ACFN) CEO Jan Loeb on Q4 2021 Results - Earnings Call Transcript
Acorn Energy, Inc.'s (ACFN) CEO Jan Loeb on Q4 2021 Results - Earnings Call Transcript
Acorn Energy: Incremental Revenue All Drops To Bottom Line (OTCMKTS:ACFN)
ACFN trades at 3.2x ARR and 3x Gross Profit, multiples normally for IoT companies with half the margins. FCF has hit an inflection due to fixed expense base.
Source: https://incomestatements.info
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