ACFN Q2 2022 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q2 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+0.6% YoY

Gross Profit

$1M76.9% margin

Operating Income

-$222,000-13.7% margin

Net Income

-$223,000-13.8% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

-$415,000

Free Cash Flow

-$524,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$7M

Stockholders' Equity

-$762,000

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+0.6%
Gross Profit	$1M	$1M	+2.0%
Operating Income	-$222,000	$5,000	-4540.0%
Net Income	-$223,000	$2,000	-11250.0%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$142,000100%