# Energy Focus Inc. (EFOI)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $18M  
**Price:** $3.30 (-4.90%)

> Energy Focus Inc. is a prominent player in the lighting industry, specializing in the development, design, and manufacture of energy-efficient LED lighting solutions. The company's primary function is to provide innovative lighting technologies that significantly reduce energy consumption and maintenance costs, thereby contributing to sustainability efforts globally. Energy Focus Inc. focuses on serving various sectors including commercial, industrial, and government, where energy efficiency is a crucial priority. Their product portfolio includes a wide range of LED lighting fixtures, lamps, and lighting control systems, tailored to enhance energy savings and improve lighting quality. With an emphasis on advancing lighting technology, Energy Focus Inc. plays a pivotal role in the shift towards greener energy practices, increasing its market significance amidst rising environmental consciousness. The company’s commitment to quality and sustainability positions it as a key influencer in setting industry standards for LED lighting applications worldwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4M | $672,000 | -$1M | -$1M | $-0.18 |
| 2024 | $5M | $699,000 | -$2M | -$2M | $-0.32 |
| 2023 | $6M | $223,000 | -$4M | -$4M | — |
| 2022 | $6M | -$318,000 | -$9M | -$10M | — |
| 2021 | $10M | $2M | -$9M | -$8M | — |
| 2020 | $17M | $5M | -$4M | -$6M | — |
| 2019 | $13M | $2M | -$7M | -$7M | — |
| 2018 | $18M | $3M | -$9M | -$9M | — |
| 2017 | $20M | $5M | -$11M | -$11M | $-0.95 |
| 2016 | $31M | $8M | -$17M | -$17M | $-1.45 |
| 2015 | $64M | $29M | $10M | $9M | $0.82 |
| 2014 | $23M | $8M | -$1M | -$6M | $-0.75 |
| 2013 | $9M | $2M | -$6M | -$2M | $-0.50 |
| 2012 | $23M | $4M | -$6M | -$6M | $-1.38 |
| 2011 | $20M | $4M | -$5M | -$6M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5M | $1M | $4M | $1M | — |
| 2024 | $6M | $3M | $3M | $565,000 | — |
| 2023 | $10M | $7M | $3M | $2M | — |
| 2022 | $8M | $9M | -$477,000 | $52,000 | — |
| 2021 | $14M | $8M | $6M | $3M | — |
| 2020 | $12M | $8M | $4M | $2M | — |
| 2019 | $12M | $8M | $4M | $350,000 | — |
| 2018 | $18M | $7M | $11M | $6M | — |
| 2017 | $22M | $3M | $19M | $11M | — |
| 2016 | $35M | $5M | $30M | $17M | — |
| 2015 | $56M | $10M | $45M | $35M | — |
| 2014 | $19M | $10M | $10M | $7M | $70,000 |
| 2013 | $13M | $10M | $3M | $2M | $4M |
| 2012 | $14M | $14M | $825,000 | $788,000 | $3M |
| 2011 | $14M | $12M | $1M | $2M | $2M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$1M | $54,000 | -$1M |
| 2024 | -$1M | $19,000 | -$1M |
| 2023 | -$2M | $69,000 | -$3M |
| 2022 | -$7M | $41,000 | -$7M |
| 2021 | -$10M | $443,000 | -$10M |
| 2020 | -$2M | $223,000 | -$3M |
| 2019 | -$7M | $132,000 | -$7M |
| 2018 | -$7M | $57,000 | -$7M |
| 2017 | -$6M | $162,000 | -$6M |
| 2014 | -$1M | $194,000 | -$2M |
| 2013 | -$7M | $174,000 | -$7M |
| 2012 | -$7M | $332,000 | -$7M |
| 2011 | -$3M | $256,000 | -$3M |
| 2010 | $1M | $332,000 | $1M |
| 2009 | -$11M | $182,000 | -$11M |

Source: [CompaniesByCap](https://companiesbycap.com/company/EFOI)