Acorn Energy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Acorn Energy's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15% to $8,058,999. The net income raised on $119,000 and profit margin reached 1%. Total operating expenses were $5,930,000.
Profit Margin
| 2014 | 19.56M | -27.14M | -138.78% |
|---|---|---|---|
| 2015 | 19.05M | -10.59M | -55.62% |
| 2016 | 8.65M | 145K | 1.67% |
| 2017 | 4.35M | -1.16M | -26.87% |
| 2018 | 5.08M | -2.00M | -39.34% |
| 2019 | 5.49M | -560K | -10.2% |
| 2020 | 5.92M | 34K | 0.57% |
| 2021 | 6.77M | -26K | -0.38% |
| 2022 | 7M | -633K | -9.04% |
| 2023 | 8.05M | 119K | 1.48% |
ACFN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.05M | 7M | 6.77M | 5.92M | 5.49M | 5.08M | 4.35M | 8.65M | 19.05M | 19.56M |
Cost of revenue | 2.05M | 1.92M | 1.87M | 1.79M | 1.9M | 1.96M | 1.90M | 5.13M | 12.86M | 12.92M |
Gross profit | 6.00M | 5.07M | 4.89M | 4.13M | 3.59M | 3.12M | 2.44M | 3.52M | 6.18M | 6.63M |
Operating exp. | ||||||||||
Research and development | 875K | 845K | 739K | 619K | 559K | 542K | 518K | 927K | 2.20M | 2.71M |
Selling and marketing | 24K | 16K | 17K | 15K | 17K | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 5.93M | 5.64M | 4.90M | 4.44M | 4.28M | 4.49M | 4.35M | 6.57M | 13.71M | 14.73M |
Operating income | 74K | -578K | -8K | -310K | -699K | -1.37M | -1.91M | -3.05M | -9.08M | -10.16M |
Other income (expenses), net | 64K | -53K | -5K | 386K | 2K | -604K | -231K | 3.57M | -327K | -129K |
Income before tax | 138K | -631K | -13K | 76K | -697K | -1.48M | -2.14M | -82K | -9.41M | -10.29M |
Income tax expense | 9K | 2K | 13K | 42K | -137K | -86K | 41K | 19K | 211K | 164K |
Net income | 119K | -633K | -26K | 34K | -560K | -2.00M | -1.16M | 145K | -10.59M | -27.14M |
Earnings per share | ||||||||||
Basic EPS | 0.04 | -0.26 | -0.01 | 0.01 | -0.25 | -1.12 | -0.64 | 0.24 | -6.36 | -19.19 |
Diluted EPS | 0.04 | -0.26 | -0.01 | 0.01 | -0.25 | -1.08 | -0.64 | 0.24 | -6.33 | -19.01 |
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