ACFN FY 2023 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

FY 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$8M+15.1% YoY

Gross Profit

$6M74.5% margin

Operating Income

$74,0000.9% margin

Net Income

$119,0001.5% margin

EPS (Diluted)

$0.05

Cash Flow

Operating Cash Flow

$72,000

Free Cash Flow

-$4,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$6M

Stockholders' Equity

-$838,000

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$7M	+15.1%
Gross Profit	$6M	$5M	+18.4%
Operating Income	$74,000	-$578,000	+112.8%
Net Income	$119,000	-$633,000	+118.8%