ACFN Q3 2024 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q3 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3M+46.1% YoY

Gross Profit

$2M71.7% margin

Operating Income

$756,00024.8% margin

Net Income

$725,00023.8% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+34.1%

Cash Flow

Operating Cash Flow

$698,000

Free Cash Flow

$690,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$5M

Stockholders' Equity

$288,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+46.1%
Gross Profit	$2M	$2M	+41.1%
Operating Income	$756,000	$8,000	+9350.0%
Net Income	$725,000	$24,000	+2920.8%

Revenue Segments

Hardware

$2M63%

Monitoring

$1M37%