CSIMarket

Energy Focus Inc  (EFOI)
Other Ticker:  
 
 
Price: $0.5200 $0.00 0.951%
Day's High: $0.5469 Week Perf: -0.38 %
Day's Low: $ 0.51 30 Day Perf: -30.66 %
Volume (M): 46 52 Wk High: $ 6.12
Volume (M$): $ 24 52 Wk Avg: $1.73
Open: $0.53 52 Wk Low: $0.50



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 7
 Employees 122
 Revenues (TTM) (Millions $) 9
 Net Income (TTM) (Millions $) -9
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Energy Focus Inc

Energy Focus, Inc. and its subsidiaries engage in the design, development, manufacturing, marketing, installation, and sale of energy-efficient lighting systems. We operate in a single industry segment, developing and selling our energy-efficient light-emitting diode ("LED") lighting products into the military maritime market, and general commercial and industrial markets. Recently, we have aligned our resources and focused our efforts on the sale of our LED lighting products, in particular our military and commercial tubular LED (“TLED”) lines of products, into targeted vertical markets. Our goal is to become a leader in the LED lighting retrofit market by replacing fluorescent lamps in general purpose and high-intensity discharge (“HID”) lighting in low-bay and high-bay applications with our innovative, high-quality TLED products.

We are committed to developing and bringing our high-quality, energy-efficient, long-lived and mercury-free TLED products to our targeted military maritime, government, and commercial and industrial markets to replace linear fluorescent lamps in general purpose lighting applications and HID lamps in low-bay and high-bay lighting applications. We believe there is a significant growth opportunity for our business as the lighting market continues its transition to more energy-efficient technologies such as LED lighting, driven by technological improvements and emerging regulatory requirements. As the efficiency and cost of LED lighting continue to improve, we believe that market adoption will accelerate, particularly in commercial and industrial applications, due to the significant potential for energy savings and the early stage of LED adoption in these applications.

We shifted our focus away from the turnkey solutions business operated through our subsidiary, Energy Focus LED Solutions, LLC, which had historically incurred lower gross margins, had fully exited the solutions business. In August 2015, we sold our United Kingdom subsidiary, Crescent Lighting Limited. As a result of exiting the turnkey solutions and Crescent Lighting Limited businesses, we have eliminated all net sales and expenses associated with both businesses from the Consolidated Statements of Operations and have reported the net loss as discontinued operations.

The Company was founded in 1985 as Fiberstars, Inc., a California corporation, and reincorporated in Delaware in November 2006. In May 2007, Fiberstars, Inc. merged with and became Energy Focus, Inc., also a Delaware corporation.

Our LED products are more energy-efficient than traditional lighting products such as incandescent bulbs and fluorescent lamps, and we believe they can provide significant long-term energy and maintenance cost savings to potential clients.

Our strengths, which we believe provide a strategic competitive advantage, include the following:


providing what we believe to be the only military-spec qualified LED fluorescent replacement lamps for the U.S. Navy;

owning and controlling the development, design, and construction of our TLED products to ensure performance, quality, and cost advantages;

providing our commercial Intellitube® product, which we believe is the first single end powered TLED that is UL approved to work with both direct wire, as a single ended lamp, as well as an end-to-end lamp for direct fit into ballasted fixtures;

concentrated on developing and providing high-quality, price competitive TLED lamps to replace fluorescent and HID lamps for commercial and industrial markets;

a long developmental history, with broad and intimate understanding of lighting technologies and LED lighting applications;

establishing production capabilities for TLED products that will be “Buy American”;

product inventory availability through carrying limited SKUs; and

a deep understanding of the adoption dynamics for energy-efficient lighting products in existing commercial and industrial building markets.

Through our strengths, we seek to achieve the following objectives:


become the LED lighting leader in the targeted markets;

continuing sales growth and profitable financial performance;

further penetration of our military-grade LED lighting products to the military maritime market, including both the U.S. Navy and allied foreign navy market;

replication of our success in the military maritime market by penetrating the government and commercial vertical markets for our commercial LED lighting products; and

a streamlined and high-performing organization that is focused on providing industry-leading LED lighting products that generate energy savings and reduce carbon emissions for our clients.

Our strategy to achieve these objectives includes the following actions:


continue to utilize our patents and proprietary know-how to develop innovative LED lighting products that are differentiated by their quality, reliability, adaptability and cost of ownership;

increase awareness and knowledge of our technology and offerings within our targeted markets;

establish relationships with key clients and early adopters to demonstrate our technology and value in targeted vertical markets;

rapidly scale our sales efforts to increase the penetration of our technology in our targeted markets; and

expand selectively into geographical markets



   Company Address: 32000¬†Aurora¬†Road Solon 44139 OH
   Company Phone Number: 715-1300   Stock Exchange / Ticker: NASDAQ EFOI
   EFOI is expected to report next financial results on November 11, 2022.


Customers Net Income fell by EFOI's Customers Net Profit Margin fell to

-8.62 %

6.7 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

Year to Date Decrease / Increase
     
AYI   -26.1%    
BELFB        95.13% 
CAPC   -82.47%    
HUBB        8.63% 
LYTS        11.61% 
OESX   -58.95%    
GE   -35.67%    
SRI   -15.8%    
ST   -40.77%    
• View Complete Report
   



Fonar Corporation

Profits Soared by 132.21 % by Fonar Corporation in the fourth quarter of 2022 earnings season report

Company's fourth quarter of 2022 earnings season earnings per share more than doubled by 132.21 % to $0.23 per share compared to a year ago on growing Sales of 48.59% to $24.81 millions.

Adobe Inc.

Adobe Inc disclosed important Top-line progress in the third quarter of 2022

Adobe Inc faced contraction in eps, despite Sales growth in the third quarter of 2022, earnings decreased by -3.97 % to $2.42 per share, while Sales increased in double digits by 12.66% to $4.43 billions, from the same quarter a year ago.

Thor Industries Inc.

Thor Industries Inc disclosed a single digit Top-line growth in the most recent fiscal period

In the most recent fiscal period Thor Industries Inc eps advanced by 25.03 % of $5.15 per share compared to $4.12 a year ago and profits fell by -18.51 % from $6.32 per share from the previous quarter.

Vail Resorts Inc.

Logged a Loss by Vail Resorts Inc in the fourth quarter of 2022 release

Company lost money at $-2.67 per share in the fourth quarter of 2022, although its Sales surged by 30.82% to $267.14 millions from the same quarter a year ago.

Escalon Medical Corp.

Escalon Medical Corp declared third quarter of -130 operating income of $81.873 millions

In the third quarter of -130 Escalon Medical Corp eps dived by -67.96 % of $4.05 per share compared to $12.64 a year ago and income faded by -32.72 % from $6.02 per share from the previous quarter.






 

Energy Focus Inc's Segments
 
 
• View Complete Report


       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

CHCI's Profile

Stock Price

CHCI's Financials

Business Description

Fundamentals

Charts & Quotes

CHCI's News

Suppliers

CHCI's Competitors

Customers & Markets

Economic Indicators

CHCI's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071