ACFN FY 2022 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

FY 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$7M+3.3% YoY

Gross Profit

$5M72.4% margin

Operating Income

-$578,000-8.3% margin

Net Income

-$633,000-9.0% margin

EPS (Diluted)

$-0.26

Cash Flow

Operating Cash Flow

$31,000

Free Cash Flow

-$261,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$7M

Stockholders' Equity

-$1M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$7M	+3.3%
Gross Profit	$5M	$5M	+3.5%
Operating Income	-$578,000	-$8,000	-7125.0%
Net Income	-$633,000	-$26,000	-2334.6%