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 $) | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $0.66 | $0.4 | $0.39 | $0.21 |
| Short term investments | ||||
| Net receivables | $1.68 | $1.58 | $3.72 | $3.22 |
| Inventory | $16.52 | $19.16 | $17.69 | $16.88 |
| Total current assets | $21.99 | $24.76 | $25.54 | $24.85 |
| Long term investments | ||||
| Property, plant & equipment | $3.16 | $3.53 | $2.68 | $2.86 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $3.27 | $3.63 | $2.78 | $2.95 |
| Total investments | ||||
| Total assets | $25.26 | $28.4 | $28.31 | $27.8 |
| Current liabilities | ||||
| Accounts payable | $1.76 | $1.99 | $1.43 | $1.02 |
| Deferred revenue | ||||
| Short long term debt | $5.94 | $6.56 | $5.94 | $3.92 |
| Total current liabilities | $10.21 | $11.45 | $10.14 | $8.97 |
| Long term debt | $1.86 | $2.16 | $1.53 | $1.76 |
| Total noncurrent liabilities | $1.86 | $2.16 | $1.53 | $1.76 |
| Total debt | $7.8 | $8.72 | $7.47 | $5.68 |
| Total liabilities | $12.07 | $13.61 | $11.68 | $10.73 |
| Shareholders' equity | ||||
| Retained earnings | -$25.66 | -$22.5 | -$20.66 | -$20.22 |
| Other shareholder equity | ||||
| Total shareholder equity | $13.19 | $14.79 | $16.63 | $17.07 |
| (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 $) | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3.6 | $5.59 | $4.19 | |
| Cost of revenue | $5.03 | $4.11 | $3.44 | |
| Gross Profit | -$1.43 | $1.48 | $0.76 | |
| Operating activities | ||||
| Research & development | $0.24 | $0.34 | $0.35 | |
| Selling, general & administrative | $1.31 | $1.45 | $1.44 | |
| Total operating expenses | $1.54 | $1.78 | $1.79 | |
| Operating income | -$2.97 | -$0.31 | -$1.03 | |
| Income from continuing operations | ||||
| EBIT | -$2.97 | -$0.31 | -$1.03 | |
| Income tax expense | ||||
| Interest expense | $0.18 | $0.13 | $0.08 | |
| Net income | ||||
| Net income | -$3.15 | -$0.44 | -$1.11 | |
| Income (for common shares) | -$3.15 | -$0.44 | -$1.11 | |
| (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 $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$3.15 | -$1.84 | -$0.44 | -$1.11 |
| Operating activities | ||||
| Depreciation | $0.08 | $0.08 | $0.11 | $0.12 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$0.35 | -$0.28 | -$1.65 | -$1.16 |
| Investing activities | ||||
| Capital expenditures | -$0.19 | |||
| Investments | ||||
| Total cash flows from investing | -$0.19 | |||
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $1.56 | |||
| Net borrowings | -$0.96 | $0.28 | $2.02 | $1.06 |
| Total cash flows from financing | $0.6 | $0.28 | $2.02 | $1.06 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $0.25 | $0 | $0.17 | -$0.09 |
| (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 | $6.50M |
|---|---|
| Enterprise value | $13.64M |
| Shares outstanding | 17.56M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | -43.37% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.49 |
| Book/Share | 0.75 |
| Cash/Share | 0.04 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 0.92 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 2.15 |
| Quick ratio | 0.54 |