ACFN Q1 2022 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q1 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+2.7% YoY

Gross Profit

$1M71.8% margin

Operating Income

-$122,000-7.0% margin

Net Income

-$123,000-7.0% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$221,000

Free Cash Flow

$64,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$7M

Stockholders' Equity

-$561,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+2.7%
Gross Profit	$1M	$1M	+4.0%
Operating Income	-$122,000	$26,000	-569.2%
Net Income	-$123,000	$20,000	-715.0%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$247,000100%