ACFN Q2 2020 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$54M

Q2 2020 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1M+6.6% YoY

Gross Profit

$1M69.6% margin

Operating Income

-$22,000-1.5% margin

Net Income

-$33,000-2.2% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

-$159,000

Free Cash Flow

-$160,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$6M

Stockholders' Equity

-$924,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$1M	+6.6%
Gross Profit	$1M	$901,000	+13.4%
Operating Income	-$22,000	-$203,000	+89.2%
Net Income	-$33,000	-$199,000	+83.4%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$120,000100%