Polar Power Inc

Polar Power Inc

POLA · NASDAQ · Industrials / Electrical Equipment & Parts

0.2707USD-0.01 (-4.35%)

Price History

Full chart

Market Stats

Previous Close0.283
Open0.2859
Day Range0.261 – 0.308
52-Week Range1.23 – 5.75
Volume49.62M
Market Cap5.65M
P/E (TTM)0.00
Forward P/E32.26
EPS-3.54
Dividend Yield0.00%
Beta1.20
50-Day Avg1.51
200-Day Avg1.71

About

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States, Canada, Australia, the South Pacific Islands, Asia, Europe, the Middle East, the United Kingdom, and South Africa. The company offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems; and mobile power systems. It also provides global network management, aftermarket and service parts, and product and warranty services. The company serves telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Arthur D. Sams
  • Employees67
  • Headquarters249 East Gardena Boulevard, Gardena, CA, United States, 90248, USA
  • Websitehttps://www.polarpower.com

Leadership

  • Mr. Arthur D. SamsChairman of the Board, President, CEO & Secretary · b. 1951
  • Mr. Luis ZavalaChief Financial Officer · b. 1970
  • Mr. Balwinder SamraExecutive Vice President · b. 1962

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.20M6.85M22.80M14.42M24.05M24.80M9.03M16.90M16.06M15.29M13.97M6.30M
Growth (%)-+31.64%+233.03%-36.76%+66.77%+3.14%-63.59%+87.09%-4.97%-4.75%-8.65%-54.87%
Cost of Revenue3.29M4.43M12.62M9.58M16.61M19.88M14.65M13.45M13.93M14.60M12.66M9.46M
Gross Profit1.91M2.41M10.18M4.84M7.43M4.92M-5.62M3.44M2.13M695.00K1.31M-3.16M
Gross Margin36.79%35.25%44.65%33.58%30.91%19.84%-62.26%20.39%13.23%4.54%9.41%-50.06%
Operating Expense948.45K2.11M2.78M5.56M8.53M8.90M7.34M6.54M7.66M6.68M5.69M4.81M
Operating Income965.23K306.53K7.40M-721.96K-1.10M-3.98M-12.96M-3.10M-5.53M-5.99M-4.38M-7.97M
Operating Margin18.56%4.48%32.47%-5.01%-4.57%-16.05%-143.55%-18.34%-34.46%-39.17%-31.32%-126.40%
EBITDA1.06M450.10K7.61M-483.96K-657.50K-2.65M-11.70M-805.00K-5.02M-5.60M-3.86M-8.35M
EBITDA Margin20.38%6.57%33.38%-3.36%-2.73%-10.70%-129.60%-4.76%-31.26%-36.63%-27.64%-132.39%
Net Income575.25K-33.34K4.40M-777.58K-848.25K-4.19M-10.87M-1.41M-5.58M-6.55M-4.68M-9.13M
Net Income Margin11.06%-0.49%19.31%-5.39%-3.53%-16.89%-120.37%-8.37%-34.73%-42.82%-33.48%-144.88%
R&D108.56K116.30K213.93K1.33M1.91M2.28M1.72M1.99M1.46M1.22M771.00K646.00K
R&D as % of Total Revenue2.09%1.70%0.94%9.26%7.93%9.18%19.08%11.75%9.09%7.99%5.52%10.25%
Interest Expense44.93K50.97K112.55K17.82K20.17K103.00K60.00K60.00K58.00K559.00K649.00K720.00K
Interest Expense % of Total Revenue0.86%0.74%0.49%0.12%0.08%0.42%0.66%0.36%0.36%3.66%4.65%11.42%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.92M4.78M26.63M24.50M25.24M23.56M17.80M27.18M24.19M25.26M17.55M10.44M
Total Liabilities1.71M2.53M2.98M1.62M2.86M5.19M6.31M3.93M6.01M12.07M9.03M10.29M
Total Equity1.21M2.25M23.65M22.88M22.38M18.38M11.49M23.25M18.18M13.19M8.51M144.00K
Cash553.49K263.42K16.24M13.20M5.64M2.84M1.65M5.10M211.00K549.00K498.00K200.00K
Total Debt974.57K1.42M348.80K237.06K1.21M3.38M4.15M1.50M2.42M7.54M6.92M5.56M
Net Debt421.08K1.16M-15.89M-12.96M-4.43M543.12K2.51M-3.60M2.21M6.99M6.42M5.36M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-337.00K-620.73K627.06K-1.59M-7.85M-2.17M-6.55M-9.38M-6.51M-3.43M-536.00K-1.06M
Investing Cash Flow-218.14K-403.42K-296.30K-342.12K-574.99K-338.19K-19.00K-71.00K-25.00K-194.00K-19.00K-
Financing Cash Flow1.01M734.08K15.65M-111.74K-138.40K-295.09K5.37M12.91M1.64M3.96M504.00K763.00K
Capital Expenditure85.14K223.42K165.09K342.12K574.99K338.19K19.00K71.00K25.00K194.00K19.00K0
Free Cash Flow-422.14K-844.15K461.97K-1.93M-8.42M-2.50M-6.57M-9.45M-6.53M-3.62M-555.00K-1.06M
Dividends Paid---0--------
FCF to OCF125.26%135.99%73.67%121.56%107.33%115.61%100.29%100.76%100.38%105.66%103.54%100.00%
Dividend Paid to FCF---0.00%--------

Earnings

Report DateDec 7, 2016Mar 6, 2017Apr 28, 2017Aug 8, 2017Nov 6, 2017Mar 8, 2018May 14, 2018Aug 9, 2018Nov 13, 2018Mar 26, 2019May 15, 2019Aug 12, 2019Nov 12, 2019Mar 4, 2020May 14, 2020Aug 14, 2020Nov 16, 2020Mar 31, 2021May 17, 2021Aug 16, 2021Nov 15, 2021Apr 5, 2022Aug 15, 2022Nov 14, 2022Mar 31, 2023May 15, 2023Aug 14, 2023Nov 14, 2023May 15, 2024Aug 14, 2024Nov 12, 2024Mar 31, 2025May 15, 2025Aug 14, 2025Nov 27, 2025May 29, 2026Aug 18, 2026Nov 18, 2026
EPS Estimate-0.080.460.280.18-0.01-0.07-0.070.140.18-0.020.010.280.03-0.77-0.63-0.91-0.19-0.63-0.42-0.28-0.03-0.06-0.19-----0.12--0.00------
EPS Actual0.170.210.42-0.21-0.28-0.06-0.210.14-0.490.000.010.420.00-3.29-3.29-1.61-1.44-0.13-1.05-0.490.490.03-0.06-0.19-0.10-0.09-0.03-0.14-0.240.030.01-1.22-0.50-0.11-1.63-0.05-0.49-
Surprise-162.50%-8.70%-175.00%-255.56%-500.00%-200.00%300.00%-450.00%-99.78%150.00%4100.00%-98.29%-11066.67%-327.27%-155.56%-58.24%31.58%-66.67%-16.67%275.00%200.00%0.00%0.00%-----97.83%---------
TimingPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-------

Key Statistics & Ratios

Market Cap5.65M
Enterprise Value9.40M
Trailing P/E0.00
Forward P/E32.26
PEG Ratio0.00
Price / Sales1.22
Price / Book6.59
EPS-3.54
Book Value0.225
Revenue (TTM)4.62M
Gross Profit (TTM)-3.60M
EBITDA-8.34M
Profit Margin-207.92%
Operating Margin-163.98%
Return on Equity-245.02%
Return on Assets-39.27%
Shares Outstanding4.31M
Shares Float3.11M
Beta1.20
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 5.00
  • Strong Buy
    1

Ownership Breakdown

Institutions
3.95%
Insiders
74.29%
Retail / Other
21.76%

Top Institutional Holders

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    18.60K0.48%
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  • Vanguard Capital Management, LLC
    7.86K0.20%
  • Advisor Group Holdings, Inc.
    2230.01%
  • SBI Securities Co Ltd
    90.00%
  • FMR Inc
    20.00%
  • Tower Research Capital LLC
    10.00%
  • Danske Bank A/S.
    10.00%
  • Susquehanna International Group, LLP
    00.00%
  • Citigroup Inc
    00.00%
  • Citadel Advisors Llc
    00.00%
  • Renaissance Technologies Corp
    00.00%
  • Bard Associates Inc
    00.00%
  • Bank of America Corp
    00.00%

Top Fund Holders

  • Fidelity Extended Market Index
    14.65K0.55%
  • Fidelity Series Total Market Index
    2.93K0.11%
  • Fidelity Total Market Index
    1.01K0.04%

Stock Splits

  • Nov 19, 20241:7