Income Statement
POLAR POWER, INC.
POLA
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY | Dec 31, 2018 2018 FY | Dec 31, 2017 2017 FY |
|---|---|---|---|---|---|---|---|---|
|
Revenue
|
13.97 | 15.29 | 16.06 | 16.90 | 9.03 | 24.80 | 24.05 | - |
|
Cost of Revenue
|
12.66 | 14.60 | 13.93 | 13.45 | 14.65 | 19.88 | 16.61 | - |
|
Gross Profit
|
1.31 | 0.70 | 2.13 | 3.45 | -5.62 | 4.92 | 7.43 | 4.76 |
|
Operating Expenses
|
5.69 | 6.69 | 7.66 | 6.54 | 7.34 | 8.90 | 8.53 | 5.56 |
|
Research & Development
|
0.77 | 1.22 | 1.46 | 1.99 | 1.72 | 2.28 | 1.91 | 1.33 |
|
Selling, General & Administrative
|
3.91 | 4.29 | 4.73 | 3.07 | 4.06 | 4.00 | 4.04 | 2.85 |
|
Other Operating Expenses
|
- | - | - | - | - | - | - | - |
|
Operating Income
|
-4.38 | -5.99 | -5.53 | -3.10 | -12.96 | -3.98 | -1.10 | -0.80 |
|
Non-Operating Income
|
-0.30 | -0.56 | -0.05 | 1.68 | -0.05 | -0.06 | 0.04 | 0.04 |
|
Interest Income
|
0.22 | - | - | - | - | - | 0.06 | - |
|
Interest Expense
|
0.64 | 0.56 | 0.06 | 0.06 | 0.06 | 0.10 | 0.02 | 0.02 |
|
Other Non-Op Income / Expense
|
0.13 | 0.00 | 0.01 | 0.03 | 0.01 | - | - | - |
|
Income Before Tax
|
- | - | - | -1.41 | -13.01 | -4.04 | -1.06 | -0.76 |
|
Income Tax Expense
|
- | - | - | 0.00 | -2.14 | 0.00 | -0.22 | 0.00 |
|
Non-Controlling Interest
|
- | - | - | - | - | - | - | - |
|
Net Income
|
-4.68 | -6.55 | -5.58 | -1.41 | 10.87 | -4.04 | -0.85 | -0.76 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY | Dec 31, 2018 2018 FY | Dec 31, 2017 2017 FY |
|---|---|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - | - | - |
|
EBITDA
|
-4.21 | -5.60 | -5.03 | -2.55 | -12.34 | -3.35 | -0.71 | -0.77 |
|
Earnings Per Share (Basic)
|
-1.86 | -0.49 | -0.43 | - | - | - | - | - |
|
Diluted EPS
|
-1.86 | -0.49 | - | - | - | - | - | - |
|
Weighted Average Shares
|
2.51 | 13.29 | 12.88 | - | - | - | - | - |
|
Diluted Weighted Avg Shares
|
2.51 | 13.29 | - | - | - | - | - | - |
|
Comprehensive Income
|
- | - | - | - | - | - | - | - |