ACFN Q1 2021 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q1 2021 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+27.4% YoY

Gross Profit

$1M71.0% margin

Operating Income

$26,0001.5% margin

Net Income

$20,0001.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$68,000

Free Cash Flow

$60,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$6M

Stockholders' Equity

-$488,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$1M	+27.4%
Gross Profit	$1M	$922,000	+31.2%
Operating Income	$26,000	-$274,000	+109.5%
Net Income	$20,000	-$283,000	+107.1%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$247,000100%