ACFN Q4 2023 Earnings — Acorn Energy, Inc. Revenue & Financial Results | Market Cap Arena

ACFNAcorn Energy, Inc.

$53M

Q4 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$2M+22.0% YoY

Gross Profit

$2M73.2% margin

Operating Income

$78,0003.5% margin

Net Income

$84,0003.7% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

-$294,000

Free Cash Flow

-$300,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$6M

Stockholders' Equity

-$838,000

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+22.0%
Gross Profit	$2M	$1M	+21.9%
Operating Income	$78,000	-$75,000	+204.0%
Net Income	$84,000	-$78,000	+207.7%

Revenue Segments

Monitoring

$3M53%

Hardware

$3M47%