ACFN · Acorn Energy, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · ACFN

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$11.48M	$10.99M	$8.06M	$7.00M	$6.78M	$5.92M
Cost of Revenue	$2.66M	$2.99M	$2.06M	$1.93M	$1.88M	$1.79M
Gross Profit	$8.81M	$8.00M	$6.00M	$5.07M	$4.90M	$4.13M
R&D	$1.09M	$1.01M	$875.0K	$845.0K	$739.0K	$619.0K
SG&A	$5.73M	$5.05M	$5.05M	$4.80M	$4.17M	$3.82M
Total Operating Expenses	$6.83M	$6.06M	$5.93M	$5.70M	$4.91M	$4.44M
D&A	$115.0K	$121.0K	$161.0K	$122.0K	$75.0K	$22.0K
Operating Income	$1.99M	$1.94M	$74.0K	($629.0K)	($8.0K)	($310.0K)
Interest Expense	-	-	-	-	$1.0K	$1.0K
Income Tax	($434.0K)	($4.31M)	$9.0K	-	-	-
Net Income	$2.51M	$6.29M	$119.0K	($633.0K)	($21.0K)	$69.0K
EPS - Basic	$1.01	$2.53	$0.05	$0.00	-	-
EPS - Diluted	$0.99	$2.51	($0.25)	($0.25)◇	-	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$4.45M	$2.33M	$1.45M	$1.45M	$1.72M	$2.06M
Accounts Receivable	$887.0K	$1.93M	$536.0K	$597.0K	$876.0K	$608.0K
Inventory	$1.25M	$436.0K	$962.0K	$789.0K	$617.0K	$236.0K
Accounts Payable	$306.0K	$297.0K	$288.0K	$243.0K	$457.0K	$229.0K
Current Assets	$6.95M	$5.40M	$4.04M	$4.01M	$4.24M	$3.80M
Total Assets	$13.33M	$10.60M	$5.45M	$5.98M	$6.04M	$5.20M
Current Liabilities	$3.80M	$4.28M	$4.61M	$4.57M	$4.30M	$3.89M
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$5.02M	$5.02M	$7.00M	$7.00M◇	-	-
Stockholders' Equity	$8.25M	$5.54M	($838.0K)	($1.02M)	($469.0K)	($523.0K)
Retained Earnings	($92.34M)	($94.85M)	($101.15M)	($101.27M)	($100.63M)	($100.61M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$2.09M	$905.0K	$72.0K	$31.0K	$132.0K	$464.0K
Investing Cash Flow	($33.0K)	($56.0K)	($78.0K)	($308.0K)	($324.0K)	($101.0K)
Financing Cash Flow	$71.0K	$28.0K	$5.0K	$5.0K	($149.0K)	$453.0K
CapEx	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	76.8%	72.8%	74.5%	72.4%	72.3%	69.8%
Operating margin	17.3%	17.6%	0.9%	-9.0%	-0.1%	-5.2%
EBITDA margin	18.3%	18.7%	2.9%	-7.2%	1.0%	-4.9%
Net margin	21.9%	57.3%	1.5%	-9.0%	-0.3%	1.2%
Free cash flow margin	-	-	-	-	-	-
FCF / Net income	-	-	-	-	-	-
R&D / Revenue	9.5%	9.2%	10.9%	12.1%	10.9%	10.5%
SG&A / Revenue	49.9%	46.0%	62.7%	68.6%	61.5%	64.5%
Effective tax rate	-20.9%	-217.4%	7.0%	-	-	-
Return on assets	18.8%	59.4%	2.2%	-10.6%	-0.3%	1.3%
Return on equity	30.4%	113.6%	-14.2%	62.2%	4.5%	-13.2%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	1.83	1.26	0.88	0.88	0.99	0.98
Quick ratio	1.50	1.16	0.67	0.70	0.84	0.91
Cash ratio	1.17	0.54	0.31	0.32	0.40	0.53
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	-	-	-8.0x	-310.0x
Equity multiplier	1.62	1.91	-6.50	-5.88	-12.88	-9.94
Liabilities / Assets	0.38	0.47	1.28	1.17	-	-
Efficiency
Asset turnover	0.86	1.04	1.48	1.17	1.12	1.14
Inventory turnover	2.12	6.85	2.14	2.44	3.04	7.59
Days sales outstanding	28d	64d	24d	31d	47d	37d
Days inventory outstanding	172d	53d	171d	149d	120d	48d
Days payable outstanding	42d	36d	51d	46d	89d	47d
Cash conversion cycle	158d	81d	144d	134d	78d	39d
Valuation
P / E	15.3x	7.1x	-	-	-	-
P / B	4.6x	8.1x	-	-	-	-
P / S	3.3x	4.1x	1.9x	0.0x	59.0x	39.7x
EV / EBITDA	16.1x	20.7x	58.7x	-	5945.3x	-
Growth
Revenue growth (YoY)	4.5%	36.3%	15.1%	3.3%	14.4%	7.9%
Revenue CAGR (3y)	17.9%	17.5%	10.8%	8.4%	15.9%	10.8%
Revenue CAGR (5y)	14.2%	14.9%	13.1%	10.0%	-4.8%	-20.8%
Gross profit growth (YoY)	10.2%	33.2%	18.4%	3.5%	18.6%	15.1%
Operating income growth (YoY)	2.7%	2517.6%	-	-7762.5%	97.4%	55.7%
Net income growth (YoY)	-60.1%	5189.1%	-	-2914.3%	-	-
EPS growth (YoY)	-60.6%	-	0.0%	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	48.9%	-	17.6%	-116.8%	10.3%	19.0%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$11.48M total

PG$10.74M · 93.6%

CP$737.0K · 6.4%

Product / service

$13.99M total

Hardware$5.42M · 38.8%

Monitoring$5.32M · 38.0%

Hardware Under Material Contract$2.29M · 16.4%

Other Revenue Related To Accessories Repairs And Other Miscellaneous Charges$956.0K · 6.8%

Geographic

$11.48M total

US$11.44M · 99.6%

Non Us$41.0K · 0.4%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

-3.68

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✗Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✗No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Services-Engineering Services

Company	Revenue (last FY)	Net margin	ROE
VSEC	$1.11B	1.1%	0.8%
WLDN	$681.55M	7.7%	17.2%
MG	$724.02M	2.3%	7.2%
TTEK	$5.44B	4.6%	13.9%
ACM	$16.14B	3.5%	22.5%

Comparing ACORN ENERGY against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Feb 15, 2013	$0.5600
Nov 13, 2012	$0.5600
Aug 15, 2012	$0.5600
May 11, 2012	$0.5600
Feb 15, 2012	$0.5600
Dec 28, 2011	$0.8000
Nov 14, 2011	$0.5600

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.