POLA - Polar Power, Inc.
NASDAQ
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Industrials
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Electrical Equipment & Parts
Gardena,
United States
Type: Equity
POLA price evolution
POLA
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1.23 | $0.32 | $0.66 | |
| Short term investments | ||||
| Net receivables | $2.95 | $2.31 | $1.28 | $1.68 |
| Inventory | $15.03 | $15.78 | $16.22 | $16.52 |
| Total current assets | $18.65 | $19.59 | $20.95 | $21.99 |
| Long term investments | ||||
| Property, plant & equipment | $2.16 | $2.48 | $2.81 | $3.16 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $2.59 | $2.92 | $3.27 | |
| Total investments | ||||
| Total assets | $20.92 | $22.18 | $23.86 | $25.26 |
| Current liabilities | ||||
| Accounts payable | $0.35 | $0.6 | $1.19 | $1.76 |
| Deferred revenue | ||||
| Short long term debt | $6.22 | $6.41 | $5.94 | |
| Total current liabilities | $8.52 | $9.44 | $11.28 | $10.21 |
| Long term debt | $1.19 | $1.54 | $1.86 | |
| Total noncurrent liabilities | $1.19 | $1.54 | $1.86 | |
| Total debt | $7.41 | $7.95 | $7.8 | |
| Total liabilities | $9.36 | $10.63 | $12.81 | $12.07 |
| Shareholders' equity | ||||
| Retained earnings | -$27.29 | -$27.3 | -$27.8 | -$25.66 |
| Other shareholder equity | ||||
| Total shareholder equity | $11.55 | $11.05 | $13.19 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $0.66 | $0.3 | $5.19 | $1.74 |
| Short term investments | ||||
| Net receivables | $1.68 | $3.02 | $4.24 | $1.19 |
| Inventory | $16.52 | $15.46 | $9.02 | $9.09 |
| Total current assets | $21.99 | $23.32 | $25.15 | $14.64 |
| Long term investments | ||||
| Property, plant & equipment | $3.16 | $0.78 | $1.93 | $3.06 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $3.27 | $0.87 | $2.03 | $3.15 |
| Total investments | ||||
| Total assets | $25.26 | $24.19 | $27.18 | $17.8 |
| Current liabilities | ||||
| Accounts payable | $1.76 | $0.23 | $0.33 | $0.31 |
| Deferred revenue | ||||
| Short long term debt | $5.94 | $2.36 | $0.96 | $2.37 |
| Total current liabilities | $10.21 | $5.95 | $3.39 | $4.52 |
| Long term debt | $1.86 | $0.06 | $0.54 | $1.79 |
| Total noncurrent liabilities | $1.86 | $0.06 | $0.54 | $1.79 |
| Total debt | $7.8 | $2.42 | $1.5 | $4.15 |
| Total liabilities | $12.07 | $6.01 | $3.93 | $6.31 |
| Shareholders' equity | ||||
| Retained earnings | -$25.66 | -$19.11 | -$13.53 | -$12.11 |
| Other shareholder equity | -$0.04 | |||
| Total shareholder equity | $13.19 | $18.18 | $23.25 | $11.49 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $4.91 | $4.66 | $1.77 | $3.6 |
| Cost of revenue | $2.83 | $2.18 | $5.03 | |
| Gross Profit | $1.42 | $1.83 | -$0.4 | -$1.43 |
| Operating activities | ||||
| Research & development | $0.2 | $0.22 | $0.24 | |
| Selling, general & administrative | $1.18 | $1.36 | $1.31 | |
| Total operating expenses | $1.38 | $1.37 | $1.58 | $1.54 |
| Operating income | $0.46 | -$1.98 | -$2.97 | |
| Income from continuing operations | ||||
| EBIT | $0.68 | -$1.98 | -$2.97 | |
| Income tax expense | ||||
| Interest expense | -$0.15 | $0.18 | $0.16 | $0.18 |
| Net income | ||||
| Net income | $0.01 | $0.5 | -$2.14 | -$3.15 |
| Income (for common shares) | $0.5 | -$2.14 | -$3.15 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $15.29 | $16.06 | $16.9 | $9.03 |
| Cost of revenue | $14.6 | $13.93 | $13.45 | $14.65 |
| Gross Profit | $0.69 | $2.13 | $3.44 | -$5.62 |
| Operating activities | ||||
| Research & development | $1.22 | $1.46 | $1.99 | $1.72 |
| Selling, general & administrative | $5.46 | $6.2 | $4.56 | $5.62 |
| Total operating expenses | $6.68 | $7.66 | $6.54 | $7.34 |
| Operating income | -$5.99 | -$5.53 | -$3.1 | -$12.96 |
| Income from continuing operations | ||||
| EBIT | -$5.99 | -$5.53 | -$1.35 | -$12.95 |
| Income tax expense | -$2.14 | |||
| Interest expense | $0.56 | $0.06 | $0.06 | $0.06 |
| Net income | ||||
| Net income | -$6.55 | -$5.58 | -$1.41 | -$10.87 |
| Income (for common shares) | -$6.55 | -$5.58 | -$1.41 | -$10.87 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $0.5 | -$2.14 | -$3.15 | |
| Operating activities | ||||
| Depreciation | $0.06 | $0.07 | $0.08 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $1.18 | -$0.99 | -$0.35 | |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | -$0.02 | |||
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $1.56 | |||
| Net borrowings | -$0.25 | $0.65 | -$0.96 | |
| Total cash flows from financing | $0.37 | -$0.25 | $0.65 | $0.6 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$2.05 | $0.91 | -$0.34 | $0.25 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$6.55 | -$5.58 | -$1.41 | -$10.87 |
| Operating activities | ||||
| Depreciation | $0.39 | $0.51 | $0.55 | $1.25 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.52 | |||
| Total cash flows from operations | -$3.43 | -$6.51 | -$9.38 | -$6.55 |
| Investing activities | ||||
| Capital expenditures | -$0.19 | -$0.03 | -$0.07 | -$0.02 |
| Investments | ||||
| Total cash flows from investing | -$0.19 | -$0.03 | -$0.07 | -$0.02 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $1.56 | $13.17 | $3.99 | |
| Net borrowings | $2.41 | $1.64 | -$0.27 | $1.39 |
| Total cash flows from financing | $3.96 | $1.64 | $12.91 | $5.37 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $0.34 | -$4.89 | $3.46 | -$1.19 |
News
Fundamentals
| Market cap | $7.28M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 2.51M |
| Revenue | $14.95M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$4.78M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | -1.52 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.49 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | -$1.91 |
|---|---|
| ROA | -20.75% |
| ROE | N/A |
| Debt/Equity | 0.92 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 2.19 |
| Quick ratio | 0.42 |