Acorn Energy
Acorn Energy, Inc., through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. The last earnings update was 27 days ago. More info.
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- Acorn Energy has significant price volatility in the past 3 months.
ACFN Share Price and Events
7 Day Returns
1 Year Returns
ACFN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Acorn Energy (ACFN) | -8.8% | -12.7% | -0.7% | -17.1% | 45.5% | -86.6% |
| US Electronic | 0.1% | 8.5% | 18% | 10.5% | 68% | 69.3% |
| US Market | -0.8% | 2.7% | 7.5% | 7% | 37.9% | 47% |
1 Year Return vs Industry and Market
- ACFN underperformed the Electronic industry which returned 10.5% over the past year.
- ACFN underperformed the Market in United States of America which returned 7% over the past year.
ACFN Value
Is Acorn Energy undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
In this section, we usually try to help investors determine whether Acorn Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Acorn Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
- It is not possible to calculate the future cash flow value for Acorn Energy. This is due to cash flow or dividend data being unavailable. The share price is $0.29675.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Acorn Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Acorn Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $-0.07 |
| OTCPK:ACFN Share Price ** | OTCPK (2019-04-22) in USD | $0.3 |
| United States of America Electronic Industry PE Ratio | Median Figure of 92 Publicly-Listed Electronic Companies | 21.67x |
| United States of America Market PE Ratio | Median Figure of 3,080 Publicly-Listed Companies | 18.21x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Acorn Energy.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OTCPK:ACFN Share Price ÷ EPS (both in USD) = 0.3 ÷ -0.07 |
-4.38x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Acorn Energy is loss making, we can't compare its value to the US Electronic industry average.
- Acorn Energy is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
Acorn Energy's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -4.38x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| United States of America Electronic Industry PEG Ratio | Median Figure of 58 Publicly-Listed Electronic Companies | 1.64x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Acorn Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Acorn Energy's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $-0.05 |
| OTCPK:ACFN Share Price * | OTCPK (2019-04-22) in USD | $0.3 |
| United States of America Electronic Industry PB Ratio | Median Figure of 145 Publicly-Listed Electronic Companies | 2.14x |
| United States of America Market PB Ratio | Median Figure of 5,186 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OTCPK:ACFN Share Price ÷ Book Value per Share (both in USD) = 0.3 ÷ -0.05 |
-6.56x |
* Primary Listing of Acorn Energy.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Acorn Energy has negative assets, we can't compare the value of its assets to the US Electronic industry average.
Value checks
We assess Acorn Energy's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check) Acorn Energy has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
ACFN Future Performance
How is Acorn Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acorn Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Acorn Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Acorn Energy's earnings growth to the United States of America market average as no estimate data is available.
- Unable to compare Acorn Energy's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| United States of America Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 16.7% |
| United States of America Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.5% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 5 | -2 | -2 |
| 2018-09-30 | 5 | -3 | -2 |
| 2018-06-30 | 5 | -3 | -3 |
| 2018-03-31 | 4 | -3 | -3 |
| 2017-12-31 | 4 | -2 | -2 |
| 2017-09-30 | 4 | -2 | -1 |
| 2017-06-30 | 4 | -2 | -1 |
| 2017-03-31 | 5 | -4 | 2 |
| 2016-12-31 | 9 | -5 | 0 |
| 2016-09-30 | 12 | -6 | -1 |
| 2016-06-30 | 15 | -8 | -2 |
| 2016-03-31 | 18 | 0 | -6 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Acorn Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.07 |
| 2018-09-30 | -0.08 |
| 2018-06-30 | -0.10 |
| 2018-03-31 | -0.10 |
| 2017-12-31 | -0.06 |
| 2017-09-30 | -0.04 |
| 2017-06-30 | -0.05 |
| 2017-03-31 | 0.06 |
| 2016-12-31 | 0.02 |
| 2016-09-30 | -0.03 |
| 2016-06-30 | -0.06 |
| 2016-03-31 | -0.21 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Acorn Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Acorn Energy's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Acorn Energy has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
ACFN Past Performance
How has Acorn Energy performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Acorn Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Acorn Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Acorn Energy's 1-year growth to the US Electronic industry average as it is not currently profitable.
Earnings and Revenue History
All data from Acorn Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 5.09 | -2.00 | 3.94 | 0.54 |
| 2018-09-30 | 4.90 | -2.45 | 4.05 | 0.53 |
| 2018-06-30 | 4.65 | -2.85 | 4.17 | 0.51 |
| 2018-03-31 | 4.46 | -2.80 | 3.97 | 0.56 |
| 2017-12-31 | 4.35 | -1.87 | 3.84 | 0.52 |
| 2017-09-30 | 4.27 | -1.28 | 3.80 | 0.53 |
| 2017-06-30 | 4.12 | -1.42 | 3.78 | 0.54 |
| 2017-03-31 | 4.99 | 1.74 | 4.06 | 0.65 |
| 2016-12-31 | 8.66 | 0.43 | 5.19 | 0.93 |
| 2016-09-30 | 11.95 | -0.94 | 6.60 | 1.27 |
| 2016-06-30 | 15.41 | -1.71 | 8.04 | 1.46 |
| 2016-03-31 | 17.60 | -5.75 | 9.30 | 1.66 |
| 2015-12-31 | 16.55 | -5.60 | 9.63 | 1.71 |
| 2015-09-30 | 17.43 | -6.87 | 10.13 | 1.80 |
| 2015-06-30 | 18.20 | -7.07 | 10.37 | 2.16 |
| 2015-03-31 | 18.82 | -9.26 | 11.03 | 2.40 |
| 2014-12-31 | 19.56 | -10.41 | 12.02 | 2.71 |
| 2014-09-30 | 18.70 | -4.48 | 10.37 | 0.08 |
| 2014-06-30 | 18.52 | -15.30 | 12.67 | 1.62 |
| 2014-03-31 | 19.03 | -18.90 | 14.52 | 3.00 |
| 2013-12-31 | 20.29 | -21.28 | 16.46 | 4.28 |
| 2013-09-30 | 20.73 | -29.84 | 20.69 | 8.16 |
| 2013-06-30 | 20.46 | -21.47 | 20.97 | 7.69 |
| 2013-03-31 | 20.95 | -17.50 | 20.39 | 7.27 |
| 2012-12-31 | 19.42 | -16.71 | 19.06 | 6.59 |
| 2012-09-30 | 21.30 | -12.81 | 16.93 | 6.18 |
| 2012-06-30 | 21.64 | 1.64 | 14.80 | 5.14 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Acorn Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
- It is difficult to establish if Acorn Energy has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Acorn Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Acorn Energy's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Acorn Energy has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
ACFN Health
How is Acorn Energy's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Acorn Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
- Acorn Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Acorn Energy's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Acorn Energy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Acorn Energy Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | -1.23 | 0.00 | 0.97 |
| 2018-09-30 | -0.95 | 0.20 | 1.42 |
| 2018-06-30 | -0.94 | 0.19 | 1.78 |
| 2018-03-31 | -0.36 | 0.50 | 2.42 |
| 2017-12-31 | 0.75 | 0.31 | 6.28 |
| 2017-09-30 | 1.51 | 0.35 | 6.21 |
| 2017-06-30 | 1.08 | 0.29 | 6.04 |
| 2017-03-31 | 1.61 | 0.27 | 6.36 |
| 2016-12-31 | 1.89 | 0.38 | 5.88 |
| 2016-09-30 | 2.09 | 0.05 | 0.10 |
| 2016-06-30 | 1.53 | 0.12 | 0.62 |
| 2016-03-31 | -1.15 | 4.22 | 0.06 |
| 2015-12-31 | 1.66 | 3.82 | 0.12 |
| 2015-09-30 | 2.47 | 4.62 | 0.53 |
| 2015-06-30 | 0.68 | 3.64 | 0.90 |
| 2015-03-31 | 3.61 | 4.53 | 2.10 |
| 2014-12-31 | 6.39 | 4.42 | 4.82 |
| 2014-09-30 | 17.45 | 4.92 | 4.00 |
| 2014-06-30 | 21.80 | 3.44 | 8.27 |
| 2014-03-31 | 27.36 | 2.52 | 12.83 |
| 2013-12-31 | 31.51 | 1.14 | 16.53 |
| 2013-09-30 | 26.67 | 1.21 | 7.37 |
| 2013-06-30 | 38.98 | 0.25 | 13.35 |
| 2013-03-31 | 46.47 | 0.28 | 20.16 |
| 2012-12-31 | 51.95 | 0.15 | 26.15 |
| 2012-09-30 | 58.13 | 0.56 | 31.72 |
| 2012-06-30 | 62.05 | 0.22 | 32.77 |
- Acorn Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
- Irrelevant to check if Acorn Energy's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
- Acorn Energy has less than a year of cash runway based on current free cash flow.
- Acorn Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -10.5% each year.
Financial health checks
We assess Acorn Energy's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Acorn Energy has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
ACFN Dividends
What is Acorn Energy's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Acorn Energy
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Acorn Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Acorn Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 38 Stocks | 1.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2015-03-31 | 0.000 | 0.000 |
| 2014-11-12 | 0.000 | 0.000 |
| 2014-08-11 | 0.000 | 0.000 |
| 2014-05-12 | 0.000 | 0.000 |
| 2014-03-17 | 0.140 | 5.076 |
| 2013-11-12 | 0.000 | 0.000 |
| 2013-08-07 | 0.000 | 0.000 |
| 2013-02-07 | 0.140 | 1.815 |
| 2012-11-01 | 0.140 | 1.809 |
| 2012-08-02 | 0.140 | 1.604 |
| 2012-04-23 | 0.140 | 1.530 |
| 2012-02-07 | 0.140 | 1.529 |
| 2011-10-17 | 0.140 | 2.461 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Acorn Energy has not reported any payouts.
- Unable to verify if Acorn Energy's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Acorn Energy's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Acorn Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Acorn Energy has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
ACFN Management
CEO
| COMPENSATION | $268,800 |
| AGE | 59 |
| TENURE AS CEO | 3.3 years |
CEO Bio
Mr. Jan H. Loeb has been the Chief Executive Officer and President of Acorn Energy, Inc. since January 28, 2016. Mr. Loeb has been a Consultant of Pernix Therapeutics Holdings, Inc. (formerly, Golf Trust of America, Inc.) since August 31, 2011. He has been Chairman of Hollywood Media Corp., since July 16, 2018. Mr. Loeb serves as the President of Leap Tide Capital Management, Inc. He is Founder of Leap Tide Capital Management Inc. He has been the Managing Member of Leap Tide Capital Management LLC since 2007. He served as a Portfolio Manager of Chesapeake Partners from February 2004 to January 2005. From January 2002 to December 2004, he served as Managing Director at Jefferies & Company, Inc. From 1994 to 2001, Mr. Loeb served as Managing Director at Dresdner Kleinwort Wasserstein, Inc. (formerly Wasserstein Perella & Co., Inc.). He was Research Analyst at Dresdner Kleinwort, Research Division. He has more than 30 years of money management and investment banking experience. He served as the Chairman of Golf Trust of America, Inc. from November 8, 2007 to December 17, 2007. He was employed at Jefferies LLC, Research Division. He was employed at Legg Mason Wood Walker Inc. from 1991 to 1994 and also served as its Analyst. He operated his own firm, Loeb Financial Services, from 1988 to 1991. Mr. Loeb served as an Equity Analyst of Jefferies Group Inc., Research Division. He has been a Director of Kid Brands, Inc since July 2013 and Leap Tide Capital Management Inc. He has been a Director of Acorn Energy, Inc. since August 13, 2015. He has been a Director of DSIT Solutions Ltd. since 2015 and Keweenaw Land Association, Limited since December 27, 2016. He served as a Director of Gyrotron Technology, Inc. from July 2014 to December 28, 2016. He served as an Independent Director of Golf Trust of America, Inc, the manager of GTA-IB LLC since November 17, 2006. He served as a Director of TAT Technologies, Ltd. from August 2009 to December 21, 2016. He served as a Lead Director of American Pacific Corporation from July 8, 2013 to February 27, 2014 and also served as its Director from January 1997 to February 27, 2014. He served as an Independent Director of Pernix Therapeutics Holdings Inc. from November 17, 2006 to August 31, 2011. Mr. Loeb holds a B.B.A. Degree from Bernard M. Baruch College.
CEO Compensation
- Jan's compensation has increased whilst company is loss making.
- Jan's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Acorn Energy management team in years:
- The tenure for the Acorn Energy management team is about average.
Management Team
Jan Loeb
President
$269K
59
3.3 yrs
Tracy Clifford
Chief Financial Officer
$114K
49
0.8 yrs
Walter Czarnecki
President & CEO of OmniMetrix
$223K
39
George Morgenstern
Founder
$98K
85
Brett Sargent
President & COO of Gridsense
5.1 yrs
Board of Directors Tenure
Average tenure and age of the Acorn Energy board of directors in years:
- The tenure for the Acorn Energy board of directors is about average.
Board of Directors
Jan Loeb
President
$269K
59
3.7 yrs
George Morgenstern
Founder
$98K
85
10.1 yrs
Samuel Zentman
Director
$27K
73
14.4 yrs
Gary Mohr
Director
$14K
59
0.7 yrs
Michael Osterer
Director
$7K
72
1.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 19. Dec 18 | Buy | Jan Loeb | Individual | 14. Dec 18 | 18. Dec 18 | 191,280 | $0.28 | $49,850 | ||
Management checks
We assess Acorn Energy's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Acorn Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
ACFN Company Info
Description
Acorn Energy, Inc., through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in two segments, Power Generation (PG) and Cathodic Protection (CP) monitoring. The PG segment develops and markets wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, compressors, batteries, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications. The CP segment offers cathodic protection systems on gas pipelines for gas utilities and pipeline companies for remote monitoring. It serves customers in the Fortune 500 or Fortune Global 500. The company was founded in 1986 and is based in Wilmington, Delaware.
Details
| Name: | Acorn Energy, Inc. |
| ACFN | |
| Exchange: | OTCPK |
| Founded: | 1986 |
| $8,770,679 | |
| 29,555,786 | |
| Website: | http://www.acornenergy.com |
| Address: |
Acorn Energy, Inc. 3844 Kennett Pike, Wilmington, Wilmington, Delaware, 19807, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OTCPK | ACFN | Common Stock | Pink Sheets LLC | US | USD | 11. Feb 1992 |
Number of employees
Current staff
Industry
| Electronic Equipment and Instruments | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/23 00:08 |
| End of day share price update: | 2019/04/22 00:00 |
| Last earnings filing: | 2019/03/27 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
