Bill Jones's questions to ACORN ENERGY (ACFN) leadership • Q4 2024
Question
Asked via an e-mailed question for clarification on deferred revenue accounting for hardware versus monitoring, and whether the 50% incremental operating margin target is a blended figure or applies to each revenue stream individually.
Answer
The company confirmed that new hardware revenue is no longer deferred, unlike monitoring revenue, and directed the investor to footnote 13 in the financials for a detailed breakout. They also clarified that the 50% incremental operating margin target is a blended figure for overall revenue growth, not for each stream separately.