NASDAQ : ACFN
Acorn Energy, Inc. — Financial statements
Technology · Scientific & Technical Instruments · United States
Last price 17.01 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 42.69M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Acorn Energy, Inc. (ACFN) reported revenue of 9.57M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 9.57M | 11.48M | 10.99M | 8.06M | 7.00M | 6.78M |
| Cost of Revenue | 1.89M | 2.66M | 2.99M | 2.06M | 1.93M | 1.88M |
| Gross Profit | 7.68M | 8.81M | 8.00M | 6.00M | 5.07M | 4.90M |
| Selling, General & Admin | 5.97M | 5.73M | 5.05M | 5.05M | 4.80M | 4.17M |
| Research & Development | 1.03M | 1.09M | 1.01M | 875.00K | 845.00K | 739.00K |
| Operating Expenses | 7.00M | 6.83M | 6.06M | 5.93M | 5.65M | 4.91M |
| Operating Income | 684.00K | 1.99M | 1.94M | 74.00K | -578.00K | -8.00K |
| Interest Expense | -2.00K | -5.00K | ||||
| Interest & Investment Income | 133.00K | 121.00K | 73.00K | 64.00K | ||
| EBT Excluding Unusual Items | 817.00K | 2.11M | 2.01M | 138.00K | -580.00K | -13.00K |
| Asset Writedown | -51.00K | |||||
| Pretax Income | 817.00K | 2.11M | 2.01M | 138.00K | -631.00K | -13.00K |
| Income Tax Expense | -750.00K | -434.00K | -4.31M | 9.00K | ||
| Earnings From Continuing Operations | 1.57M | 2.54M | 6.32M | 129.00K | -631.00K | -13.00K |
| Net Income to Company | 1.57M | 2.54M | 6.32M | 129.00K | -631.00K | -13.00K |
| Minority Interest in Earnings | -24.00K | -34.00K | -28.00K | -10.00K | -2.00K | -8.00K |
| Net Income | 1.54M | 2.51M | 6.29M | 119.00K | -633.00K | -21.00K |
| Net Income to Common | 1.54M | 2.51M | 6.29M | 119.00K | -633.00K | -21.00K |
| Shares Outstanding (Basic) | 2.50M | 2.50M | 2.49M | 2.48M | 2.48M | 2.48M |
| Shares Outstanding (Diluted) | 2.54M | 2.54M | 2.51M | 2.50M | 2.48M | 2.48M |
| EPS (Basic) | 0.62 | 1.01 | 2.53 | 0.05 | -0.26 | -0.01 |
| EPS (Diluted) | 0.61 | 0.99 | 2.51 | 0.05 | -0.26 | -0.01 |
| Free Cash Flow | 1.46M | 2.08M | 897.00K | 70.00K | 31.00K | 132.00K |
| Free Cash Flow Per Share | 0.57 | 0.82 | 0.36 | 0.03 | 0.01 | 0.05 |
| Gross Margin | 80.30% | 76.80% | 72.81% | 74.50% | 72.44% | 72.30% |
| Operating Margin | 7.15% | 17.33% | 17.63% | 0.92% | -8.26% | -0.12% |
| Profit Margin | 16.12% | 21.87% | 57.29% | 1.48% | -9.04% | -0.31% |
| Free Cash Flow Margin | 15.27% | 18.10% | 8.16% | 0.87% | 0.44% | 1.95% |
| EBITDA | 815.00K | 2.10M | 2.06M | 235.00K | -456.00K | 67.00K |
| EBITDA Margin | 8.52% | 18.33% | 18.73% | 2.92% | -6.51% | 0.99% |
| D&A For EBITDA | 131.00K | 115.00K | 121.00K | 161.00K | 122.00K | 75.00K |
| EBIT | 684.00K | 1.99M | 1.94M | 74.00K | -578.00K | -8.00K |
| EBIT Margin | 7.15% | 17.33% | 17.63% | 0.92% | -8.26% | -0.12% |
| Effective Tax Rate | 6.52% | |||||
| Advertising Expenses | 9.00K | 18.00K | 24.00K | 16.00K | 17.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.48M | 4.45M | 2.33M | 1.45M | 1.45M | 1.72M |
| Cash & Short-Term Investments | 4.48M | 4.45M | 2.33M | 1.45M | 1.45M | 1.72M |
| Accounts Receivable | 1.07M | 887.00K | 1.93M | 536.00K | 597.00K | 876.00K |
| Other Receivables | 21.00K | 10.00K | ||||
| Receivables | 1.07M | 908.00K | 1.94M | 536.00K | 597.00K | 876.00K |
| Inventory | 1.13M | 1.25M | 436.00K | 962.00K | 789.00K | 617.00K |
| Other Current Assets | 305.00K | 337.00K | 694.00K | 1.09M | 1.18M | 1.03M |
| Total Current Assets | 6.98M | 6.95M | 5.40M | 4.04M | 4.01M | 4.24M |
| Property, Plant & Equipment | 1.22M | 1.34M | 568.00K | 742.00K | 931.00K | 905.00K |
| Other Intangible Assets | 253.00K | 22.00K | 21.00K | 21.00K | 20.00K | 11.00K |
| Long-Term Deferred Tax Assets | 4.83M | 4.90M | 4.43M | |||
| Long-Term Deferred Charges | 76.00K | 88.00K | 161.00K | 638.00K | 1.01M | 871.00K |
| Other Long-Term Assets | 31.00K | 31.00K | 12.00K | 12.00K | 12.00K | 12.00K |
| Total Assets | 13.39M | 13.33M | 10.60M | 5.45M | 5.98M | 6.04M |
| Accounts Payable | 198.00K | 306.00K | 297.00K | 288.00K | 243.00K | 457.00K |
| Accrued Expenses | 154.00K | 171.00K | 290.00K | 132.00K | 171.00K | 164.00K |
| Current Portion of Leases | 168.00K | 158.00K | 98.00K | 123.00K | 116.00K | 107.00K |
| Current Income Taxes Payable | 3.00K | 18.00K | 19.00K | |||
| Current Unearned Revenue | 2.72M | 3.10M | 3.52M | 4.03M | 3.98M | 3.54M |
| Other Current Liabilities | 45.00K | 46.00K | 59.00K | 30.00K | 58.00K | 34.00K |
| Total Current Liabilities | 3.29M | 3.80M | 4.28M | 4.61M | 4.57M | 4.30M |
| Long-Term Leases | 791.00K | 884.00K | 98.00K | 220.00K | 336.00K | |
| Long-Term Unearned Revenue | 430.00K | 312.00K | 712.00K | 1.55M | 2.19M | 1.85M |
| Other Long-Term Liabilities | 28.00K | 26.00K | 24.00K | 20.00K | 16.00K | 12.00K |
| Total Liabilities | 4.54M | 5.02M | 5.02M | 6.28M | 7.00M | 6.50M |
| Common Stock | 25.00K | 25.00K | 25.00K | 25.00K | 25.00K | 397.00K |
| Additional Paid-In Capital | 103.93M | 103.62M | 103.41M | 103.32M | 103.26M | 102.80M |
| Retained Earnings | -92.13M | -92.34M | -94.85M | -101.15M | -101.27M | -100.63M |
| Treasury Stock | -3.05M | -3.05M | -3.04M | -3.04M | -3.04M | -3.04M |
| Total Common Equity | 8.77M | 8.25M | 5.54M | -838.00K | -1.02M | -469.00K |
| Minority Interest | 76.00K | 66.00K | 36.00K | 12.00K | 6.00K | 8.00K |
| Shareholders' Equity | 8.85M | 8.32M | 5.58M | -826.00K | -1.01M | -461.00K |
| Total Liabilities & Equity | 13.39M | 13.33M | 10.60M | 5.45M | 5.98M | 6.04M |
| Total Debt | 959.00K | 1.04M | 98.00K | 221.00K | 336.00K | 443.00K |
| Net Cash (Debt) | 3.52M | 3.41M | 2.23M | 1.23M | 1.11M | 1.28M |
| Net Cash Per Share | 1.38 | 1.34 | 0.89 | 0.49 | 0.45 | 0.52 |
| Filing Date Shares Outstanding | 2.51M | 2.51M | 2.49M | 2.44M | 2.43M | 2.48M |
| Total Common Shares Outstanding | 2.51M | 2.50M | 2.49M | 2.43M | 2.43M | 2.43M |
| Working Capital | 3.69M | 3.16M | 1.11M | -571.00K | -561.00K | -60.00K |
| Book Value Per Share | 3.50 | 3.29 | 2.22 | -0.34 | -0.42 | -0.19 |
| Tangible Book Value | 8.52M | 8.23M | 5.52M | -859.00K | -1.04M | -480.00K |
| Tangible Book Value Per Share | 3.39 | 3.29 | 2.22 | -0.35 | -0.43 | -0.20 |
| Machinery | 862.00K | 857.00K | 1.09M | 1.02M | 779.00K | |
| Leasehold Improvements | 360.00K | 356.00K | 356.00K | 355.00K | 346.00K | |
| Order Backlog | 5.60M | 6.20M | 5.40M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.54M | 2.51M | 6.29M | 119.00K | -633.00K | -21.00K |
| Depreciation & Amortization | 131.00K | 115.00K | 121.00K | 161.00K | 122.00K | 75.00K |
| Asset Writedown & Restructuring Costs | 51.00K | |||||
| Stock-Based Compensation | 332.00K | 129.00K | 56.00K | 55.00K | 80.00K | 75.00K |
| Provision & Write-off of Bad Debts | 1.00K | -6.00K | ||||
| Other Operating Activities | -436.00K | -219.00K | -4.27M | 146.00K | 167.00K | 147.00K |
| Change in Accounts Receivable | 1.07M | 1.04M | -1.39M | 61.00K | 279.00K | -268.00K |
| Change in Inventory | -199.00K | -845.00K | 514.00K | -181.00K | -213.00K | -403.00K |
| Change in Accounts Payable | -418.00K | -103.00K | 196.00K | -22.00K | -184.00K | 188.00K |
| Change in Unearned Revenue | -517.00K | -824.00K | -1.35M | -587.00K | 778.00K | 839.00K |
| Change in Income Taxes | -43.00K | -12.00K | 9.00K | |||
| Change in Other Net Operating Assets | 2.00K | 293.00K | 729.00K | 320.00K | -416.00K | -500.00K |
| Operating Cash Flow | 1.47M | 2.09M | 905.00K | 72.00K | 31.00K | 132.00K |
| Capital Expenditures | -6.00K | -12.00K | -8.00K | -2.00K | ||
| Sale (Purchase) of Intangibles | -269.00K | -21.00K | -48.00K | -76.00K | -292.00K | -317.00K |
| Investment in Securities | -16.00K | -7.00K | ||||
| Investing Cash Flow | -275.00K | -33.00K | -56.00K | -78.00K | -308.00K | -324.00K |
| Short-Term Debt Repaid | -149.00K | |||||
| Total Debt Repaid | -149.00K | |||||
| Net Debt Issued (Repaid) | -149.00K | |||||
| Issuance of Common Stock | 49.00K | 87.00K | 28.00K | 5.00K | 5.00K | |
| Repurchase of Common Stock | -16.00K | -16.00K | ||||
| Financing Cash Flow | 33.00K | 71.00K | 28.00K | 5.00K | 5.00K | -149.00K |
| Net Cash Flow | 1.23M | 2.13M | 877.00K | -1.00K | -272.00K | -341.00K |
| Free Cash Flow | 1.46M | 2.08M | 897.00K | 70.00K | 31.00K | 132.00K |
| Free Cash Flow Margin | 15.27% | 18.10% | 8.16% | 0.87% | 0.44% | 1.95% |
| Free Cash Flow Per Share | 0.57 | 0.82 | 0.36 | 0.03 | 0.01 | 0.05 |
| Levered Free Cash Flow | 803.50K | 1.48M | 547.62K | 186.25K | -232.50K | -410.12K |
| Unlevered Free Cash Flow | 803.50K | 1.48M | 547.62K | 186.25K | -231.25K | -407.00K |
| Cash Interest Paid | 1.00K | 3.00K | 2.00K | 6.00K | ||
| Cash Income Tax Paid | 21.00K | 42.00K | 108.00K | |||
| Change in Working Capital | -103.00K | -446.00K | -1.29M | -409.00K | 244.00K | -144.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 42.69M | 37.82M | 44.57M | 14.83M | 13.62M | 24.50M |
| Enterprise Value | 39.17M | 34.76M | 42.57M | 13.34M | 12.86M | 22.96M |
| Last Close Price | 17.01 | 15.10 | 17.89 | 6.09 | 5.60 | 10.08 |
| PE Ratio | 27.88 | 15.07 | 7.08 | 124.59 | ||
| PS Ratio | 4.46 | 3.29 | 4.06 | 1.84 | 1.95 | 3.62 |
| PB Ratio | 4.87 | 4.55 | 7.99 | -17.95 | -13.47 | -53.14 |
| P/TBV Ratio | 5.01 | 4.60 | 8.07 | |||
| P/FCF Ratio | 29.22 | 18.20 | 49.68 | 211.81 | 439.31 | 185.59 |
| P/OCF Ratio | 29.10 | 18.10 | 49.24 | 205.93 | 439.31 | 185.59 |
| EV/Sales Ratio | 4.09 | 3.03 | 3.88 | 1.66 | 1.84 | 3.39 |
| EV/EBITDA Ratio | 48.06 | 16.52 | 20.68 | 56.76 | 342.69 | |
| EV/EBIT Ratio | 57.27 | 17.48 | 21.98 | 180.24 | ||
| EV/FCF Ratio | 26.81 | 16.73 | 47.46 | 190.54 | 414.99 | 173.94 |
| Debt / Equity Ratio | 0.11 | 0.12 | 0.02 | -0.27 | -0.33 | -0.96 |
| Debt / EBITDA Ratio | 0.92 | 0.46 | 0.04 | 0.61 | 2.36 | |
| Debt / FCF Ratio | 0.66 | 0.50 | 0.11 | 3.16 | 10.84 | 3.36 |
| Net Debt / Equity Ratio | -0.40 | -0.41 | -0.40 | 1.49 | 1.10 | 2.77 |
| Net Debt / EBITDA Ratio | -4.32 | -1.62 | -1.08 | -5.23 | 2.44 | -19.09 |
| Net Debt / FCF Ratio | -2.41 | -1.64 | -2.48 | -17.54 | -35.94 | -9.69 |
| Asset Turnover | 0.74 | 0.96 | 1.37 | 1.41 | 1.16 | 1.21 |
| Inventory Turnover | 1.81 | 3.15 | 4.27 | 2.35 | 2.74 | 4.40 |
| Quick Ratio | 1.69 | 1.41 | 1.00 | 0.43 | 0.45 | 0.60 |
| Current Ratio | 2.12 | 1.83 | 1.26 | 0.88 | 0.88 | 0.99 |
| Return on Equity (ROE) | 19.87% | 36.62% | 266.19% | |||
| Return on Assets (ROA) | 3.30% | 10.39% | 15.09% | 0.81% | -6.01% | -0.09% |
| Return on Invested Capital (ROIC) | 13.00% | 48.21% | 92.46% | 6.14% | -36.69% | -0.53% |
| Return on Capital Employed (ROCE) | 6.80% | 20.90% | 30.70% | 8.80% | -40.90% | -0.50% |
| Earnings Yield | 3.59% | 6.64% | 14.12% | 0.80% | -4.65% | -0.09% |
| FCF Yield | 3.42% | 5.49% | 2.01% | 0.47% | 0.23% | 0.54% |
| Buyback Yield / Dilution | -0.49% | -1.03% | -0.36% | -0.89% | -0.02% | 0.06% |