ACFN Q4 2022 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q4 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+5.2% YoY

Gross Profit

$1M73.3% margin

Operating Income

-$75,000-4.1% margin

Net Income

-$78,000-4.2% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$342,000

Free Cash Flow

$336,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6M

Total Liabilities

$7M

Stockholders' Equity

-$1M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+5.2%
Gross Profit	$1M	$1M	+10.4%
Operating Income	-$75,000	-$66,000	-13.6%
Net Income	-$78,000	-$66,000	-18.2%

Revenue Segments

Other Revenue Related to Accessories, Repairs and Other Miscellaneous Charges

$197,000100%