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Polar Power Inc (POLA)

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0.3890 +0.0060    +1.57%
19:33:32 - Real-time Cboe. Currency in USD ( Disclaimer )
  • Volume: 24,276
  • Bid/Ask: 0.0000 / 0.0000
  • Day's Range: 0.3552 - 0.3890
Type:  Equity
Market:  United States
Polar Power 0.3890 +0.0060 +1.57%

NASDAQ:POLA Financials

 
This summary provides an overview of the most significant critical numbers from each of the Polar Power Inc financial reports, including thePolar Power Inc income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NASDAQ:POLA financials over time via breakdowns of their annual reports.

Polar Power, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 1.91 million compared to USD 1.71 million a year ago. Net loss was USD 1.84 million compared to USD 2.38 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.19 a year ago.For the nine months, sales was USD 11.69 million compared to USD 9.69 million a year ago. Net loss was USD 3.39 million compared to USD 4.24 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to USD 0.33 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

POLA Income Statement & Profits

Gross margin TTM 4.54%
Operating margin TTM -39.17%
Net Profit margin TTM -42.82%
Return on Investment TTM -24.93%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 3.6 1.91 5.59 4.19
Gross Profit -1.43 -0.108 1.48 0.755
Operating Income -2.97 -1.67 -0.31 -1.04
Net Income -3.16 -1.84 -0.436 -1.11

POLA Balance Sheet

Quick Ratio MRQ 0.22
Current Ratio MRQ 2.15
LT Debt to Equity MRQ -
Total Debt to Equity MRQ 57.16%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 25.26 28.4 28.31 27.8
Total Liabilities 12.07 13.61 11.68 10.73
Total Equity 13.19 14.79 16.63 17.07

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM -0.2
Revenue/Share TTM 0.87
Operating Cash Flow  -3.39%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -0.346 -0.28 -1.65 -1.16
Cash From Investing Activities 0 0 -0.194
Cash From Financing Activities 0.599 0.284 2.02 1.06
Net Change in Cash 0.253 0.004 0.173 -0.092
* In Millions of USD (except for per share items)
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POLA Price Commentary

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Michal Antal
Michal Antal Jan 30, 2021 19:52
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Where i can buy it?
Gelukkige Di
Gelukkige Di Jan 15, 2021 16:33
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What is going on?
Arvinder Mann
ARVI Nov 20, 2020 19:10
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When is the POLA earning report, Does any body know friends?
Gelukkige Di
Gelukkige Di Nov 20, 2020 19:10
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Feb 15 expect a good one
kieran watson
kieran watson Jun 30, 2020 16:01
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Off to the races haha
Kieran Watson
Kieran Watson Mar 10, 2020 19:32
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Mmm cant wait for this to rise :D
Kyle Trades
Kyle Trades Mar 10, 2020 19:32
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What makes you think it will rise? What's the news?
Trigger Happy
Trigger Happy Mar 10, 2020 19:32
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What platform do you use to trade with Polar Power? I can't seem to find it on mine
kieran watson
kieran watson Mar 10, 2020 19:32
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Trigger Happy  saxo markets mate
kieran watson
kieran watson Mar 10, 2020 19:32
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Kyle Trades  and when oil recovers this will pop :) great strategy is buy hold wait for pop then sell after pop  :)
kieran watson
kieran watson Mar 10, 2020 19:32
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And shes off 🤤
Kieran Watson
Kieran Watson Mar 04, 2020 23:23
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this looks yummy ;)
 
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