ACFN Q3 2023 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q3 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+17.0% YoY

Gross Profit

$2M74.3% margin

Operating Income

$8,0000.4% margin

Net Income

$24,0001.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$211,000

Free Cash Flow

$178,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$7M

Stockholders' Equity

-$931,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+17.0%
Gross Profit	$2M	$1M	+27.6%
Operating Income	$8,000	-$210,000	+103.8%
Net Income	$24,000	-$210,000	+111.4%

Revenue Segments

Monitoring

$1M52%

Hardware

$1M48%