Acorn Energy secured a transformative $5 million contract with a top-tier wireless carrier in 2024, which significantly bolstered its revenue and expanded its operating margin from near zero in 2023 to 20% in the trailing 12 months.
While major banks like Wells Fargo (NYSE: WFC) retreat from the mortgage warehouse space, which involves buying loans from banks and other mortgage originators and then packaging and selling them, a critical void has opened for specialized lenders.