Saturday 17 October 2026
Export ACFN’s income statement to Excel — free account
Acorn Energy Inc.
ACFN Technology Scientific & Technical Instruments
Acorn Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.5 million, up 4.48% from fiscal 2024. In the quarter to June 2026, revenue fell 29.4%, EPS fell 58.6% and free cash flow fell 104.7%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
18.33
0.41
−2.19%
Follow ACFN
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
5 | 5 | 6 | 4 | 6 | 7 | 5 | 3 | 2 | 5 |
P/E ratio |
14.95 | 7.07 | 144.57 | 0.00 | 0.00 | 193.46 | 0.00 | 0.00 | 0.00 | 0.00 |
P/S ratio |
3.28 | 4.05 | 2.05 | 2.21 | 3.69 | 2.48 | 2.39 | 1.51 | 1.42 | 0.63 |
Altman Z-Score |
— | (5.45) | (23.14) | (21.79) | (19.91) | (24.62) | (26.28) | (34.94) | (14.49) | (13.98) |
P/FCF ratio |
18.22 | 54.39 | 0.00 | 0.00 | 0.00 | 53.97 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
— | (26.10) | (61.25) | (56.64) | (54.45) | (63.68) | (67.13) | (86.99) | (35.18) | (33.68) |
Beneish M-Score |
(2.75) | 2.75 | (2.69) | (3.33) | (2.28) | (3.03) | (1.15) | (0.39) | (2.26) | (1.58) |
P/Operating CF |
127.76 | 268.03 | (56.19) | 45.27 | (130.91) | 89.51 | (45.60) | (48.00) | (17.45) | (8.48) |
P/B ratio |
4.53 | 7.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.22 | 2.87 |
Price to Tangible BV |
4.54 | 8.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.47 | 4.00 |
EV/Sales |
2.94 | 3.88 | 1.93 | 2.07 | 3.50 | 2.21 | 2.61 | 1.74 | 0.53 | 0.16 |
EV/EBITDA |
15.81 | 20.59 | 63.92 | 0.00 | 354.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
16.12 | 47.10 | 215.73 | 467.56 | 179.88 | 28.19 | (11.72) | (3.65) | (1.39) | (0.31) |
EV/FCF |
16.29 | 52.11 | (45.02) | (30.20) | (279.35) | 48.09 | (10.35) | (3.60) | (1.36) | (0.30) |
Quick Ratio |
1.41 | 1.00 | 0.43 | 0.45 | 0.60 | 0.69 | 0.61 | 0.51 | 0.98 | 1.44 |
Current Ratio |
1.83 | 1.26 | 0.88 | 0.88 | 0.99 | 0.98 | 0.95 | 0.83 | 1.16 | 1.68 |
Net Debt/EBITDA |
(2.09) | (1.12) | (5.96) | 2.86 | (25.70) | 7.16 | 1.94 | 0.94 | 3.42 | 2.22 |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.96 | 1.37 | 1.41 | 1.16 | 1.21 | 1.16 | 1.23 | 0.77 | 0.47 | 0.52 |
Operating CF/Net income |
0.83 | 0.14 | 0.61 | (0.05) | (6.29) | 6.72 | 1.98 | 1.21 | 1.43 | (31.17) |
Capex/Depreciation |
(0.09) | (0.06) | 0.00 | 0.00 | 0.00 | 0.00 | (2.89) | 0.00 | 0.00 | (0.23) |
Interest Coverage |
— | — | — | (314.50) | (1.60) | (8.86) | 349.50 | (19.00) | (8.27) | (5.34) |
| 36.14% | 265.01% | (12.96%) | 86.01% | 4.29% | (11.86%) | 65.92% | 837.24% | (88.59%) | 8.18% | |
| 20.98% | 78.45% | 2.08% | (10.53%) | (0.37%) | 1.35% | (13.88%) | (30.45%) | (12.66%) | 0.86% | |
ROIC |
32.19% | 37.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
70.57% | 388.52% | (11,900.00%) | (688.04%) | (4.60%) | 39.88% | (2,472.00%) | 346.19% | (88.43%) | 3.87% |
Average Days of Receivables |
28.87 | 64.55 | 24.28 | 31.13 | 47.19 | 37.47 | 63.96 | 47.71 | 92.55 | 42.36 |
Research and Development Expense of Revenue |
9.53% | 9.21% | 10.86% | 12.07% | 10.91% | 10.45% | 10.18% | 10.65% | 11.91% | 10.71% |
Selling, General and Administrative Expense of Revenue |
49.94% | 45.97% | 62.72% | 68.63% | 61.51% | 64.54% | 67.94% | 78.36% | 88.28% | 65.26% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
1.12% | 0.51% | 0.68% | 1.14% | 1.11% | 0.59% | 0.40% | 0.51% | 0.51% | 1.03% |
Graham Net Nets |
0.05 | 0.01 | (0.14) | (0.19) | (0.09) | (0.13) | (0.17) | (0.26) | 0.04 | 0.25 |
Graham Number |
8.70 | 11.30 | 0.00 | 1.53 | 0.26 | 0.00 | 1.43 | 4.10 | 0.00 | 0.00 |
Earnings Yield |
6.69% | 14.14% | 0.69% | (4.08%) | (0.16%) | 0.52% | (5.31%) | (26.92%) | (18.67%) | 0.00% |
Free Cash Flow Yield |
5.49% | 1.84% | (2.09%) | (3.10%) | (0.34%) | 1.85% | (10.53%) | (31.98%) | (27.66%) | (84.10%) |
Revenue per Share |
4.60 | 4.42 | 3.24 | 2.82 | 2.73 | 2.39 | 2.47 | 2.76 | 2.37 | 4.86 |
Operating CF per Share |
0.84 | 0.36 | 0.03 | 0.01 | 0.05 | 0.19 | (0.55) | (1.31) | (0.91) | (2.54) |
Capex per Share |
(0.01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.07) | 0.00 | 0.00 | (0.02) |
Free Cash Flow per Share |
0.83 | 0.36 | 0.03 | 0.01 | 0.05 | 0.19 | (0.62) | (1.31) | (0.91) | (2.56) |
Cash per Share |
1.78 | 0.94 | 0.58 | 0.58 | 0.69 | 0.83 | 0.56 | 0.68 | 3.42 | 3.63 |
Shareholders Equity per Share |
3.33 | 2.24 | (0.33) | (0.41) | (0.19) | (0.21) | (0.29) | (0.67) | 0.41 | 1.06 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
3.33 | 2.24 | (0.33) | (0.41) | (0.19) | (0.21) | (0.29) | (0.67) | 0.41 | 1.06 |
Free Cash Flow |
2.08 | 0.90 | 0.07 | 0.03 | 0.13 | 0.46 | (1.38) | (2.42) | (1.68) | (4.55) |
Working Capital |
3.16 | 1.12 | (0.57) | (0.56) | (0.06) | (0.09) | (0.16) | (0.65) | 1.18 | 3.53 |
Capital Expenditures |
(0.01) | (0.01) | — | — | — | — | (0.16) | — | — | (0.03) |
Net Current Asset Value |
1.94 | 0.38 | (2.24) | (2.98) | (2.26) | (1.92) | (2.20) | (2.01) | 0.23 | 1.36 |
EV/EBIT |
16.94 | 22.01 | 209.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
18.95 | 22.97 | 223.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.36 | 0.26 | 0.30 | 0.19 | 0.15 | 0.08 | 0.30 | 0.90 | 0.54 | 0.68 |
Cash ROIC |
16.26% | 11.35% | 11.56% | 7.06% | 10.47% | 30.05% | (229.73%) | (7,342.42%) | (23.83%) | (54.54%) |
Accounts Receivable Turnover |
8.05 | 8.86 | 14.23 | 9.50 | 9.13 | 7.54 | 6.75 | 5.75 | 4.13 | 2.34 |
Accounts Payable Turnover |
8.83 | 10.21 | 7.74 | 5.51 | 5.47 | 8.41 | 8.58 | 5.35 | 3.18 | 3.36 |
Inventory Turnover |
3.15 | 4.27 | 2.35 | 2.74 | 4.40 | 6.80 | 6.88 | 8.02 | 8.83 | 14.50 |
Average Days of Payables |
41.94 | 36.29 | 51.15 | 45.98 | 88.87 | 46.67 | 37.84 | 45.69 | 93.79 | 50.34 |
Days of Inventory on Hand |
171.88 | 53.28 | 170.87 | 149.29 | 119.98 | 48.10 | 55.90 | 48.48 | 43.92 | 14.36 |
Average Receivables |
1.43 | 1.24 | 0.57 | 0.74 | 0.74 | 0.79 | 0.81 | 0.88 | 1.05 | 3.70 |
Average Payables |
0.30 | 0.29 | 0.27 | 0.35 | 0.34 | 0.21 | 0.22 | 0.37 | 0.60 | 1.53 |
Average Inventory |
0.85 | 0.70 | 0.88 | 0.70 | 0.43 | 0.26 | 0.28 | 0.25 | 0.22 | 0.35 |
Average Assets |
11.97 | 8.02 | 5.72 | 6.01 | 5.62 | 5.09 | 4.45 | 6.57 | 9.23 | 16.79 |
Average Common Equity |
6.95 | 2.38 | (0.92) | (0.74) | (0.49) | (0.58) | (0.94) | (0.24) | 1.32 | 1.77 |
Columns are period end dates