Polar Power, Inc. (POLA)

USD 2.75

(4.96%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 15.29 Million 16.05 Million 16.89 Million 9.03 Million 24.8 Million 24.04 Million
Cost of Revenue 14.59 Million 13.93 Million 13.45 Million 14.65 Million 19.88 Million 16.61 Million
Gross Profit 695 Thousand 2.12 Million 3.44 Million -5.62 Million 4.91 Million 7.43 Million
Operating Expenses 6.68 Million 7.65 Million 6.54 Million 7.34 Million 8.9 Million 8.53 Million
Selling, General and Administrative Expenses 5.46 Million 6.19 Million 4.55 Million 5.61 Million 6.62 Million 6.62 Million
Research and Development Expenses 1.22 Million 1.46 Million 1.98 Million 1.72 Million 2.27 Million 1.9 Million
Other Expenses - 7000.00 1.74 Million -3.4 Million 40.06 Thousand -
Cost and Expenses 21.28 Million 21.58 Million 19.99 Million 21.99 Million 28.78 Million 25.14 Million
Operating Income -5.99 Million -5.53 Million -3.09 Million -12.96 Million -3.98 Million -1.09 Million
Interest Expense 559 Thousand 58 Thousand 60 Thousand 48 Thousand 103.33 Thousand 20.17 Thousand
Income Tax Expense - -7000.00 1.8 Million -2.13 Million 143.39 Thousand -215 Thousand
Earnings before Tax -6.54 Million -5.58 Million -1.41 Million -13.01 Million -4.04 Million -1.06 Million
Net Income -6.54 Million -5.57 Million -3.21 Million -10.87 Million -4.18 Million -848.25 Thousand
Earnings Per Share Basic -3.45 -0.43 -0.25 -1.00 -0.41 -0.08
Earnings Per Share Diluted -3.45 -0.43 -0.25 -1.00 -0.41 -0.08
Weighted Average Shares Outstanding 1.89 Million 12.87 Million 12.72 Million 10.81 Million 10.12 Million 10.14 Million
Weighted Average Shares Outstanding (Diluted) 1.89 Million 12.87 Million 12.72 Million 10.81 Million 10.12 Million 10.14 Million
Gross Margin 0.05 0.13 0.20 -0.62 0.20 0.31
EBIT Margin -0.37 -0.31 -0.05 -1.30 -0.11 -0.03
Profit Margin -0.43 -0.35 -0.19 -1.20 -0.17 -0.04
EBITDA -5.6 Million -5.01 Million -804.99 Thousand -12.32 Million -2.65 Million -657.49 Thousand
Earnings Before Tax Margin -0.39 -0.34 -0.18 -1.44 -0.16 -0.05

Income Statement Charts