ACFN Q3 2020 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$54M

Q3 2020 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+9.5% YoY

Gross Profit

$1M71.0% margin

Operating Income

-$23,000-1.5% margin

Net Income

-$32,000-2.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$222,000

Free Cash Flow

$220,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$6M

Stockholders' Equity

-$948,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$1M	+9.5%
Gross Profit	$1M	$922,000	+16.8%
Operating Income	-$23,000	-$121,000	+81.0%
Net Income	-$32,000	-$121,000	+73.6%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$110,000100%