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Crown Electrokinetics Corp. CRKN

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell
Insider Ownership
96.41%

Capital & Financial Ratios

Market Cap
5.80
Revenue
21.79
Net Income
(31.02)
Free Cash Flow
(34.26)
Net Debt
(21.83)
Current Ratio
5.11
Debt/Equity
0.02
P/E ratio
0.00
P/S ratio
0.00
P/B ratio
0.00
Past 5Y EPS Growth
7.46%
This Y EPS Growth
Next Y EPS Growth
Next 5Y EPS Growth
in millions of $

Dividends

Payout Ratio
0.00
Annual Dividend Rate
Annual Dividend Yield
total individual payouts
2024 ‡‡‡
2023 ‡‡‡
2022 ‡‡‡
2021 ‡‡‡
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2022 2023 2024 Q'25
Cash 0.82 1.06 13.70 22.45
Receivables 0.08 5.36 4.94
Inventory
Other 0.59 2.06 2.70
1.41 1.87 23.59 31.31
2022 2023 2024 Q'25
Payables 0.87 1.50 5.44 3.54
ST’ Debt 2.24
Other 1.59 0.66 0.62 0.64
4.69 3.78 11.08 6.13
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡
Cash Flow ‡‡‡ ‡‡‡
Earnings ‡‡‡ ‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 2.77
’24 0.68 4.65 8.04 6.33
19.70
’23 0.02 0.04 0.09
0.15
’20 0.10
0.10
’19
0.50
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (11.01)
’24 (2.68) (6.18) (2.91) (6.42)
(18.18)
’23 (4.73) (3.66) (3.42) (4.35)
(16.16)
’22 (2.39) (2.11) (3.09)
(11.14)
’22 (3.55) (2.77) (2.50) (3.30)
(11.14)
’21 (2.87) (0.24) (1.51) (0.81)
(6.58)
’20 (1.04)
(1.04)
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (12.67)
’24 (2.74) (6.17) (4.98) (10.44)
(24.33)
’23 (5.16) (3.93) (3.80) (5.44)
(18.33)
’22 (2.64) (2.13) (3.56)
(11.95)
’22 (3.62) (2.82) (2.96) (3.30)
(11.14)
’21 (4.45) (0.24) (1.54) (0.81)
(8.22)
’20 (1.07)
(1.07)
in millions of $

EPS

Jun Sep Dec Mar Year
’26 (5.79)
’24 (879.10) (188.06) (2.90k)
(548.26)
’23 (401.43k) (20.94k) (10.69k)
(121.63k)
’22 (36.08k) (24.05k) (12.03k)
(109.58k)
’22 (50.78k) (52.12k) (38.75k)
(49.45)
’21 (1.81) (0.67) (0.45) (253.90k)
(276.27)
’20 (0.25) (0.26)
(63.88)

Target Price Range

High
‡‡‡‡‡
‡‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡‡

Recommendation Rating

3
1
Buy
2
3
Hold
4
5
Sell
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
‡‡‡‡‡ ‡‡‡‡‡ 67,503.71 2,612.25 18.30
Low Price
‡‡‡‡‡ ‡‡‡‡‡ 5,251,654.00 810,044.56 13,500.01
High Price
‡‡‡‡ ‡‡‡‡ 16 12 65
Employees
‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡ 0.00 0.01 0.30
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.15 19.70
Revenue
‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡ 0.00% (510.46%) (3.62%)
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (14.31) (28.98) (25.95)
EBT
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ 0.00% (18,943.79%) (131.70%)
EBT Margin
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (14.31) (28.98) (25.95)
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.00 10.70 3.20
Depreciation
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ 0.00 0.56 0.33
Revenue/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (49.45) (121,630.70) (548.26)
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (38.33) (59.40) (0.31)
Cash Flow/Sh
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.00 (7.99) (0.10)
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (38.33) (67.39) (0.41)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.82 17.19 0.38
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.29 0.27 59.22
Shares
‡‡‡ ‡‡‡ ‡‡‡ 0.00 0.00
PE Ratio
‡‡‡ ‡‡‡ ‡‡‡ 3,691.35 64.12
PS Ratio
‡‡‡ ‡‡‡ ‡‡‡ 199.68 56.79
PB Ratio
‡‡‡ ‡‡‡ ‡‡‡ 3,690.44 63.48
EV/Sales
‡‡‡ ‡‡‡ ‡‡‡ (50.93) (51.41)
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (11.14) (16.16) (18.18)
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.81) (2.17) (6.14)
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (11.14) (18.33) (24.33)
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3.28) (1.91) 12.51
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.60 0.68
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.78 (1.06) (13.02)
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.53 4.68 22.24
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (176.95%) (368.06%) (145.89%)
ROA
‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡‡ 0.00% (333.54%) (163.47%)
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (301.95%) (1,139.24%) (241.21%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Crown Electrokinetics Corp. (CRKN) is pioneering electrokinetic thin-film technology for smart windows and displays, perfectly timed for the global shift toward energy-efficient buildings that guzzle 40% of world energy. The real fireworks? Revenue exploded from $153,000 in 2023 to $19.7 million in 2024—a mind-blowing 12,769% surge—fueled by production ramps, employee headcount jumping 442%, and revenue per employee soaring 2,278%. This isn’t hype; it’s commercial traction with partnerships in architectural glass, hinting at massive scalability in cleantech.

Despite ongoing losses, CRKN shows clear momentum: EBT losses narrowed 10%, margins improved dramatically (EBT margin from -189% to -1.3%), and efficiency metrics like ROA and ROE turned less negative. Cash position strengthened with positive working capital, low debt, and normalizing valuations (PS ratio down 98% to 64). Dilution hit book value hard, but equity grew 376%, setting a resilient base for inflection.

Analysts see explosive upside—price targets implying over 8 million percent gains from ~25-cent levels—as CRKN eyes $50M+ revenue by 2026, positive margins, and dominance in a $10B+ electrochromics market. With NASA ties, green policy tailwinds, and no insider selling, this disruptor screams “early innings” for patient investors. Dive into the full analysis for the charts and catalysts.

Crown Electrokinetics Corp. (CRKN) Latest News

News by impact score

Fine-tune

18 Dec

3 GlobeNewswire, 8:30 AM
Amaze has appointed Joel Krutz, a former executive at Paramount Global and Crown Electrokinetics Corp., as its new Chief Financial Officer. Krutz brings extensive experience in finance and operations, which is expected to enhance Amaze's strategic initiatives and financial management. The appointment of a seasoned CFO may moderately influence Amaze's financial performance and strategic direction, but its direct impact on Crown Electrokinetics is limited.

10 Nov

4 GlobeNewswire, 8:00 AM
Crown Fiber Optics has secured $100 million in multi-year fiber contracts, enhancing its position in the fiber optics market. This significant deal is expected to drive growth and expand the company's operational capabilities, positioning it favorably for future opportunities in the telecommunications sector. The secured contracts represent a major strategic move that could significantly alter the company's trajectory and investor sentiment.

26 Aug

3 ACCESS NewswireBankrateSmartAssetBankrate, 4:05 PM
Crown Electrokinetics Corp. has appointed Chris Robichaud to its Board of Directors. Robichaud brings extensive experience in technology and business development, having held leadership roles in various companies. His appointment is expected to enhance the company's strategic direction and operational capabilities. The addition of a seasoned professional to the board may positively influence the company's strategic initiatives and operational effectiveness.

23 Jul

4 ACCESS Newswire, 2:30 PM
Crown Electrokinetics Corp. announced its Board of Directors has approved the process to voluntarily delist its securities from Nasdaq due to noncompliance with minimum bid price requirements. The company intends to file a Form 25 Notification of Delisting with the SEC, following Nasdaq's suspension of trading on March 5, 2025. Crown is a provider of technology infrastructure solutions across Smart Windows and Construction sectors. Voluntary delisting from Nasdaq indicates significant challenges that could impact investor sentiment and the company's future operations.

18 Jun

4 PR Newswire, 11:00 AM
360Quadrants has recognized Crown Electrokinetics Corp. among the top players in its Smart Glass Startups/SMEs Companies Assessment for 2025, highlighting the company's innovative DynamicTin technology that allows rapid switching between transparent and tinted glass. The assessment evaluates over 50 companies based on market presence, product innovation, and business strategy, with Crown Electrokinetics noted for its contributions to energy efficiency and sustainability across various sectors. Recognition in a competitive assessment indicates significant market presence and potential for future growth in smart glass technology.

9 Jun

4 , 9:00 AM
Crown Electrokinetics Corp. has announced a merger agreement aimed at enhancing its strategic position and operational capabilities. The merger is expected to create synergies that will benefit both companies involved, potentially leading to improved financial performance and market reach. Details regarding the terms of the merger and its anticipated impact on Crown's future operations have been outlined, indicating a positive outlook for stakeholders. The merger agreement is likely to significantly impact Crown's future performance and market positioning.

16 May

3 GlobeNewswire, 9:00 AM
Crown Electrokinetics Corp. (NASDAQ: CRKN) reported first quarter 2025 results with revenue of $2.8 million, up from $0.7 million in Q1 2024, driven by new contracts in Fiber Optics and Water Service Lines. Gross margin remained at a loss of $1.0 million, while operating expenses rose to $8.9 million, leading to a net loss of $9.7 million compared to $4.6 million in the previous year. Recent highlights include new hires in Fiber Optics, a Master Service Agreement with a telecom provider, and regulatory approvals for water projects in Mexico. Crown also granted 627,500 restricted stock units to new employees as inducement awards. Increased revenue and strategic hires indicate potential for moderate growth, but ongoing losses and high operating expenses limit immediate impact.

1 Apr

4 , 6:30 AM
Crown Electrokinetics Corp. reported its full-year results for 2024, highlighting significant advancements in its technology and product offerings. The company has made strides in expanding its market presence and improving financial metrics, which are expected to enhance its competitive positioning. Key performance indicators showed growth in revenue and customer acquisition, indicating a positive trajectory for future operations. The management expressed optimism about upcoming projects and partnerships that could further drive innovation and market penetration. Significant advancements in technology and market presence are likely to impact future performance and investor sentiment.

19 Mar

3 GlobeNewswire, 9:00 AM
Crown Electrokinetics Corp. announced that the Nasdaq Hearings Panel has denied its request to reconsider the delisting of its common stock. The company filed an appeal on March 18, 2025, seeking further review of the decision. CEO Doug Croxall emphasized the company's focus on executing its business strategy and delivering long-term value, while operations continue normally. Crown is actively trading on the OTC market and is committed to ensuring liquidity for shareholders. The company is evaluating options for a potential return to a national exchange in the future. The delisting from Nasdaq and subsequent appeal may moderately influence Crown's market performance and investor sentiment.

12 Mar

3 , 9:00 AM
Crown Electrokinetics Corp. CEO issued an update letter to shareholders outlining the company's recent developments and future plans. The letter emphasizes ongoing projects, strategic initiatives, and the company's commitment to innovation in the electrokinetic technology sector. Shareholders are encouraged to remain optimistic about the company's trajectory and potential market opportunities. The update indicates ongoing strategic initiatives that may moderately influence the company's market positioning and investor sentiment.

4 Mar

4 GlobeNewswire, 4:01 PM
Crown Electrokinetics Corp. (NASDAQ: CRKN) has received a delisting determination from Nasdaq and plans to request reconsideration. Trading of its common stock will be suspended on Nasdaq starting March 5, 2025, but it will be eligible to trade on the OTC Market’s Pink Current Information tier. Despite this setback, Crown reports a strengthened financial position with over $20 million in cash and no debt, and it has complied with Nasdaq's minimum bid price requirement for 22 consecutive business days. CEO Doug Croxall expressed confidence in the company's growth strategy and ability to secure new opportunities. The delisting determination and subsequent appeal process could significantly impact investor sentiment and the company's market position.

11 Feb

4 GlobeNewswire, 9:00 AM
Crown Electrokinetics Corp. has completed its second slant well at the Twin Dolphin Club in Cabo San Lucas, Mexico, marking the end of construction for its first slant well project. The final pump test and water quality samples have been submitted to Mexico’s National Water Commission (CONAGUA) for review, with full operational status expected in the coming months. The project utilizes proprietary trenchless technology, offering a sustainable water sourcing solution with minimal ecological disruption. Crown anticipates further interest in slant well installations in the Los Cabos region and aims to expand its water intake solutions in response to global water scarcity concerns. Completion of the slant wells represents a significant strategic move in sustainable water infrastructure, likely enhancing Crown's competitive position and market sentiment.

29 Jan

4 GlobeNewswire, 3:09 PM
Crown Electrokinetics Corp.'s Element 82 division has partnered with Electro Scan Inc. to play a key role in Pittsburgh Water's lead pipe replacement initiative. The project will utilize Electro Scan's SWORDFISH technology to inspect water service lines in 1,600 homes, providing accurate identification of lead pipes through non-invasive electrical resistance testing. This technology was recognized by the U.S. EPA as the only commercially available solution for accurately detecting lead pipes. Element 82 aims to set new industry standards in lead pipe detection, addressing significant public health challenges. The partnership and deployment of advanced technology in a major public health initiative are likely to significantly enhance Crown's market position and investor sentiment.

4 , 9:00 AM
Crown Electrokinetics Corp.'s Element 82 division has partnered with Electro Scan Inc. to play a key role in Pittsburgh Water's lead pipe replacement initiative. The project will utilize Electro Scan's SWORDFISH technology to inspect water service lines in 1,600 homes, providing accurate identification of lead pipes in a non-invasive manner. This technology has been recognized by the U.S. EPA as the only commercially available solution for accurately detecting lead water pipes, setting new standards in the industry. Element 82 aims to address public health challenges and enhance community health and environmental sustainability. The partnership and deployment of advanced technology in a significant public health initiative are likely to enhance Crown's market position and investor sentiment.

28 Jan

3 , 9:00 AM
Crown Electrokinetics Corp. has announced the effective date of its reverse stock split, which is set to take effect on [insert date]. This strategic move is aimed at increasing the company's stock price and improving its market position. The reverse split will reduce the number of outstanding shares, thereby potentially enhancing shareholder value and attracting institutional investors. The company believes this action will better align its stock price with its business fundamentals and growth prospects. The reverse stock split may moderately influence market perception and investor sentiment, but its overall effect on the company's trajectory is expected to be limited.

24 Jan

3 GlobeNewswire, 9:00 AM
Crown Electrokinetics Corp. has appointed Andrew Mayer as the new President of Crown Construction, aiming to strengthen its leadership team. Mayer brings extensive experience in construction and project management, which is expected to enhance the company's operational capabilities and strategic direction. The appointment of a new president may moderately influence the company's operational effectiveness and strategic initiatives.

17 Jan

4 , 9:30 AM
Crown Electrokinetics Corp. has entered into an exclusive partnership with Electro Scan Inc. to enhance lead pipe detection technology. This collaboration aims to improve the identification and management of lead pipes in water systems, addressing public health concerns and regulatory requirements. The partnership is expected to leverage both companies' expertise to advance solutions in the water infrastructure sector. The partnership is likely to significantly enhance Crown's market position and product offerings in a critical area of public health and infrastructure.

15 Jan

4 , 9:00 AM
Crown Electrokinetics Corp. has announced strategic initiatives aimed at strengthening its financial foundation to support growth and profitability by 2025. The company is focusing on enhancing its operational efficiency and expanding its market presence, which is expected to position it favorably in the competitive landscape. These efforts are part of a broader plan to leverage innovative technologies and improve financial performance in the coming years. Strategic initiatives aimed at growth and profitability are likely to significantly impact the company's future performance and market positioning.

14 Jan

3 , 5:00 PM
Crown Electrokinetics Corp. announced the results of its special meeting of stockholders, where key decisions regarding corporate governance and strategic direction were made. The meeting addressed important proposals that could influence the company's future operations and shareholder value. Decisions made during the special meeting may moderately influence the company's strategic direction and market positioning.

27 Dec

4 TipRanks, 5:30 PM
Crown Electrokinetics expects revenue between $30M and $35M for FY25, plans to achieve profitability in first half of 2025, and seeks shareholder approval for reverse stock split. The revenue guidance, profitability target, and strategic initiatives outlined in the article are expected to significantly impact Crown Electrokinetics' future trajectory and investor sentiment.

23 Dec

4 GlobeNewswire, 9:43 AM
Crown Electrokinetics Corp. completes construction of first-of-its-kind slant well in Mexico to address water scarcity. The completion of the innovative slant well project has the potential to significantly impact Crown Electrokinetics Corp.'s future by showcasing transformative technology and addressing global water scarcity.

17 Dec

4 GlobeNewswire, 9:15 AM
Crown Electrokinetics Corp.'s Element 82 division secures two new lead pipe inspection projects in New York, expanding its footprint in Little Falls and Warwick. The article highlights significant growth opportunities and strategic moves for Crown Electrokinetics Corp. through its lead pipe inspection projects in New York.

9 Dec

4 , 9:00 AM
Crown plans to build and co-own a reverse osmosis plant in Mexico to desalinate water collected from slant wells. The construction of a reverse osmosis plant in Mexico to desalinate water has the potential to significantly impact Crown Electrokinetics Corp.'s future and market performance.

4 Benzinga, 8:45 AM
Crown Electrokinetics Corp. (CRKN) announced plans to co-build and co-own a reverse osmosis water treatment plant in Cabo San Lucas, Mexico, in partnership with 529 Capital. The initiative aims to provide a reliable supply of clean drinking water, potentially generating up to $40 million in annual revenue. The plant will utilize seawater collected from proprietary slant wells and advanced membrane filtration technology to desalinate water. Construction is expected to begin in summer 2025, with operations anticipated in 2026. The partnership also plans to donate up to 500,000 gallons of clean water daily to nearby communities. The initiative is expected to significantly enhance Crown's revenue potential and address critical water supply issues in a growing region.

4 Dec

4 GlobeNewswire, 9:30 AM
Crown Electrokinetics Corp. expands fiber optics services footprint in Oregon with $8 million purchase orders from a leading regional internet provider. The significant expansion of fiber optics services and partnership with a leading internet provider in Oregon is expected to have a major impact on Crown Electrokinetics Corp.'s future growth and market performance.

20 Nov

3 , 4:01 PM
Crown highlights potential impact of Trump Administration on its Water Solutions Division. Moderately noticeable influence expected on financial performance and competitive positioning.

14 Nov

3 , 9:32 AM
Crown Electrokinetics Corp. (CRKN) reports third quarter 2024 results. The financial performance of the company is expected to be somewhat influenced by the results.

5 Nov

3 GlobeNewswire, 9:29 AM
Crown Electrokinetics Corp. (CRKN) has announced the suspension of its Equity Line of Credit (ELOC) agreement with Liqueous LP due to suspected naked short activity. The suspension of the ELOC may moderately influence Crown's financial performance and strategic outlook.

31 Oct

4 GlobeNewswire, 8:00 AM
Crown Electrokinetics Corp. will report its Q3 2024 financial results on November 14, 2024. The announcement of financial results and conference call could significantly impact the company's future performance and investor sentiment.

30 Sep

4 GlobeNewswire, 9:25 AM
Crown Electrokinetics Corp. provided revenue guidance for Q4 2024 and full year 2024, estimating $9 million and $22 million respectively, narrowing gap to profitability. Lead pipe detection contracts and business expansion expected to drive strong growth and profitability in 2025.

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