ACFN Q3 2022 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q3 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+4.5% YoY

Gross Profit

$1M68.1% margin

Operating Income

-$210,000-11.8% margin

Net Income

-$210,000-11.8% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

-$117,000

Free Cash Flow

-$137,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$7M

Stockholders' Equity

-$951,000

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+4.5%
Gross Profit	$1M	$1M	-2.2%
Operating Income	-$210,000	$25,000	-940.0%
Net Income	-$210,000	$23,000	-1013.0%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$194,000100%