acorn energy, inc. is a holding company whose four portfolio companies help their customers achieve greater productivity, reliability, security, and efficiency—factors which can lead to greater profitability. us seismic systems supplies fiber optic sensing solutions to increase oil/gas production and lower costs. gridsense provides monitoring for all critical points along the electricity delivery system. omnimetrix remotely monitors emergency back-up power generation systems to increase their reliability. dsit provides security solutions from underwater threats to naval and marine based energy assets. for more information visit: http://www.acornenergy.com. this profile may include forward-looking statements, which are subject to risks and uncertainties. there is no assurance that acorn energy, inc. or its operating companies will continue to grow their respective businesses, or that any of them will meet the expectations or execute the initiatives described or referred to above. a comp
Company profile
Ticker
ACFN
Exchange
Website
CEO
Jan Herman Loeb
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
AECOM • Tetra Tech • Mistras • VSE • Hill International • Ecology & Environment • Englobal • Willdan • Correlate Energy • Galenfeha ...
Former names
ACORN FACTOR, INC., DATA SYSTEMS & SOFTWARE INC
SEC CIK
Corporate docs
Subsidiaries
OMX Holdings, Inc. • OmniMetrix, LLC ...
IRS number
222786081
ACFN stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Results of Operations and Financial Condition
9 May 24
8-K
Acorn’s 2023 EPS Improves to $0.05 vs. ($0.25) Loss Per Share on 15% Revenue Increase; Anticipates Continued Revenue and Earnings Growth in 2024
7 Mar 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
Departure of Directors or Certain Officers
5 Jan 24
8-K
Signs Generator Dealer Agreement That Could Drive Significant Growth in 2024
9 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
13 Sep 23
8-K
Material Modifications to Rights of Security Holders
8 Sep 23
8-K
Acorn Hosts Annual Stockholder Meeting and Management Q&A in Person and via Zoom on Tuesday, September 12th at 1pm ET
7 Sep 23
Transcripts
ACFN
Earnings call transcript
2024 Q1
9 May 24
ACFN
Earnings call transcript
2023 Q4
7 Mar 24
ACFN
Earnings call transcript
2023 Q3
9 Nov 23
ACFN
Earnings call transcript
2023 Q2
10 Aug 23
ACFN
Earnings call transcript
2023 Q2
10 Aug 23
ACFN
Earnings call transcript
2023 Q1
10 May 23
ACFN
Earnings call transcript
2022 Q4
16 Mar 23
ACFN
Earnings call transcript
2022 Q3
10 Nov 22
ACFN
Earnings call transcript
2022 Q2
12 Aug 22
ACFN
Earnings call transcript
2022 Q1
13 May 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.75 mm | 1.75 mm | 1.75 mm | 1.75 mm | 1.75 mm | 1.75 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 3.75 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 27.63 k | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 1.72 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 459.0 | n/a | n/a |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Jan 24 | Loeb Jan H | stock options common stock | Grant | Acquire A | No | No | 6.09 | 2,200 | 13.40 k | 2,200 |
2 Jan 24 | Clifford Tracy Simmons | stock options common stock | Grant | Acquire A | No | No | 6.09 | 2,200 | 13.40 k | 2,200 |
1 Jan 24 | Gary Mohr | stock options common stock | Grant | Acquire A | No | No | 6.09 | 625 | 3.81 k | 625 |
1 Jan 24 | Peter Rabover | stock options common stock | Grant | Acquire A | No | No | 6.09 | 625 | 3.81 k | 625 |
1 Jan 24 | Samuel M Zentman | stock options common stock | Grant | Acquire A | No | No | 6.09 | 625 | 3.81 k | 625 |
Press releases
Acorn's Q1'24 EPS Improves to $0.03 vs. ($0.03) Loss Per Share on Continued Growth in Remote Monitoring and Control Hardware and Services Revenue
9 May 24
Acorn's 2023 EPS Improves to $0.05 vs. ($0.25) Loss Per Share on 15% Revenue Increase; Anticipates Continued Revenue and Earnings Growth in 2024
7 Mar 24
Acorn, Provider of Remote Monitoring and Control Solutions for Backup Generators, Hosts Q4 Investor Call Thurs., March 7th at 11am ET
4 Mar 24