Polar Power Past Earnings Performance
Past criteria checks 0/6
Polar Power has been growing earnings at an average annual rate of 1.8%, while the Electrical industry saw earnings growing at 15.6% annually. Revenues have been declining at an average rate of 5.8% per year.
Key information
1.8%
Earnings growth rate
9.8%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | -5.8% |
| Return on equity | -41.4% |
| Net Margin | -32.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Polar Power, Inc. (NASDAQ:POLA) Surges 33% Yet Its Low P/S Is No Reason For Excitement
Sep 28
Polar Power (NASDAQ:POLA) Has Debt But No Earnings; Should You Worry?
Sep 25Even With A 47% Surge, Cautious Investors Are Not Rewarding Polar Power, Inc.'s (NASDAQ:POLA) Performance Completely
Jul 12Does Polar Power (NASDAQ:POLA) Have A Healthy Balance Sheet?
May 30Investors Aren't Buying Polar Power, Inc.'s (NASDAQ:POLA) Revenues
Apr 03Polar Power, Inc. (NASDAQ:POLA) Stock's 48% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Dec 21Here's Why We Think Polar Power, Inc.'s (NASDAQ:POLA) CEO Compensation Looks Fair
Dec 14Does Polar Power (NASDAQ:POLA) Have A Healthy Balance Sheet?
Aug 29Does Polar Power (NASDAQ:POLA) Have A Healthy Balance Sheet?
Apr 12Shareholders Will Probably Not Have Any Issues With Polar Power, Inc.'s (NASDAQ:POLA) CEO Compensation
Dec 15Polar Power GAAP EPS of -$0.06, revenue of $4.2M
Aug 15Health Check: How Prudently Does Polar Power (NASDAQ:POLA) Use Debt?
Nov 09Is Polar Power (NASDAQ:POLA) Using Too Much Debt?
Jul 15Did You Miss Polar Power's (NASDAQ:POLA) Whopping 355% Share Price Gain?
Mar 08Polar Power: This Meteoric Rally Is Not Fueled By Fundamentals
Jan 29What Is The Ownership Structure Like For Polar Power, Inc. (NASDAQ:POLA)?
Jan 13
The Polar Power (NASDAQ:POLA) Share Price Has Gained 104%, So Why Not Pay It Some Attention?
Nov 21Revenue & Expenses Breakdown
How Polar Power makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 15 | -5 | 5 | 1 |
| 30 Jun 24 | 12 | -7 | 5 | 1 |
| 31 Mar 24 | 13 | -8 | 5 | 1 |
| 31 Dec 23 | 15 | -7 | 5 | 1 |
| 30 Sep 23 | 18 | -5 | 6 | 1 |
| 30 Jun 23 | 18 | -5 | 6 | 1 |
| 31 Mar 23 | 17 | -6 | 6 | 1 |
| 31 Dec 22 | 16 | -6 | 6 | 1 |
| 30 Sep 22 | 14 | -4 | 5 | 2 |
| 30 Jun 22 | 17 | -1 | 5 | 2 |
| 31 Mar 22 | 17 | -1 | 5 | 2 |
| 31 Dec 21 | 17 | -1 | 5 | 2 |
| 30 Sep 21 | 15 | -5 | 5 | 2 |
| 30 Jun 21 | 13 | -11 | 5 | 2 |
| 31 Mar 21 | 9 | -13 | 5 | 2 |
| 31 Dec 20 | 9 | -11 | 6 | 2 |
| 30 Sep 20 | 7 | -12 | 6 | 2 |
| 30 Jun 20 | 12 | -7 | 6 | 2 |
| 31 Mar 20 | 20 | -4 | 7 | 2 |
| 31 Dec 19 | 25 | -4 | 7 | 2 |
| 30 Sep 19 | 32 | 1 | 7 | 2 |
| 30 Jun 19 | 30 | 0 | 7 | 2 |
| 31 Mar 19 | 27 | 0 | 7 | 2 |
| 31 Dec 18 | 24 | -1 | 7 | 2 |
| 30 Sep 18 | 20 | -1 | 6 | 2 |
| 30 Jun 18 | 18 | -1 | 5 | 2 |
| 31 Mar 18 | 14 | -2 | 5 | 2 |
| 31 Dec 17 | 14 | -1 | 4 | 1 |
| 30 Sep 17 | 18 | 2 | 4 | 1 |
| 30 Jun 17 | 22 | 4 | 3 | 1 |
| 31 Mar 17 | 24 | 4 | 3 | 0 |
| 31 Dec 16 | 23 | 4 | 3 | 0 |
| 30 Sep 16 | 18 | 3 | 3 | 0 |
| 30 Jun 16 | 13 | 1 | 2 | 0 |
| 31 Mar 16 | 9 | 1 | 2 | 0 |
| 31 Dec 15 | 7 | 0 | 2 | 0 |
| 31 Dec 14 | 5 | 1 | 1 | 0 |
Quality Earnings: POLA is currently unprofitable.
Growing Profit Margin: POLA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: POLA is unprofitable, but has reduced losses over the past 5 years at a rate of 1.8% per year.
Accelerating Growth: Unable to compare POLA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: POLA is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (4.7%).
Return on Equity
High ROE: POLA has a negative Return on Equity (-41.37%), as it is currently unprofitable.