POLA Chart
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, DC solar hybrid power systems that are available in diesel, natural gas, LPG/propane, and renewable fuel formats; 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.

Fundamentals
Scroll to Statements
Sector Industrials Industry Electrical Equipment & P Market Cap 3.94M
Enterprise Value 9.90M Income -8.67M Sales 8.33M
Book/sh 1.15 Cash/sh 0.00 Dividend Yield —
Payout 0.00% Employees 82 IPO —
P/E — Forward P/E -6.68 PEG —
P/S 0.47 P/B 1.27 P/C —
EV/EBITDA -1.33 EV/Sales 1.19 Quick Ratio 0.09
Current Ratio 1.25 Debt/Eq 206.93 LT Debt/Eq —
EPS (ttm) -3.45 EPS next Y -0.22 EPS Growth —
Revenue Growth -74.10% Earnings 2021-11-15 16:00 ROA -28.30%
ROE -119.92% ROIC — Gross Margin -30.64%
Oper. Margin -268.81% Profit Margin -104.13% Shs Outstand 2.68M
Shs Float 1.85M Short Float 9.88% Short Ratio 0.04
Short Interest — 52W High 5.75 52W Low 1.31
Beta 1.40 Avg Volume 1.36M Volume 112.08K
Target Price — Recom None Prev Close $1.50
Price $1.47 Change -2.29%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.47
Latest analyst target
3. DCF / Fair value
$15.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.47
Low
—
High
—
Mean
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Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 2679 7849 — Stock Award(Grant) at price 2.93 per share. ALBRECHT KEITH Director — 2025-01-30 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-3.86M-5.60M-5.02M-805.00K
NetIncomeFromContinuingOperationNetMinorityInterest-4.68M-6.55M-5.58M-1.41M
ReconciledDepreciation167.00K387.00K507.00K549.00K
ReconciledCostOfRevenue12.66M14.60M13.93M13.45M
EBITDA-3.86M-5.60M-5.02M-805.00K
EBIT-4.03M-5.99M-5.53M-1.35M
NetInterestIncome-428.00K-559.00K-58.00K-60.00K
InterestExpense649.00K559.00K58.00K60.00K
InterestIncome221.00K0.00
NormalizedIncome-4.68M-6.55M-5.58M-1.41M
NetIncomeFromContinuingAndDiscontinuedOperation-4.68M-6.55M-5.58M-1.41M
TotalExpenses18.34M21.28M21.59M19.99M
TotalOperatingIncomeAsReported-4.38M-5.99M-5.53M-3.10M
DilutedAverageShares2.51M1.90M1.84M1.82M
BasicAverageShares2.51M1.90M1.84M1.82M
DilutedEPS-1.86-3.45-3.01-0.77
BasicEPS-1.86-3.45-3.01-0.77
DilutedNIAvailtoComStockholders-4.68M-6.55M-5.58M-1.41M
NetIncomeCommonStockholders-4.68M-6.55M-5.58M-1.41M
NetIncome-4.68M-6.55M-5.58M-1.41M
NetIncomeIncludingNoncontrollingInterests-4.68M-6.55M-5.58M-1.41M
NetIncomeContinuousOperations-4.68M-6.55M-5.58M-1.41M
TaxProvision0.00
PretaxIncome-4.68M-6.55M-5.58M-1.41M
OtherIncomeExpense126.00K1.00K7.00K1.74M
OtherNonOperatingIncomeExpenses126.00K1.00K7.00K1.74M
NetNonOperatingInterestIncomeExpense-428.00K-559.00K-58.00K-60.00K
InterestExpenseNonOperating649.00K559.00K58.00K60.00K
InterestIncomeNonOperating221.00K0.00
OperatingIncome-4.38M-5.99M-5.53M-3.10M
OperatingExpense5.69M6.68M7.66M6.54M
ResearchAndDevelopment771.00K1.22M1.46M1.99M
SellingGeneralAndAdministration4.92M5.46M6.20M4.56M
SellingAndMarketingExpense1.01M1.17M1.47M1.49M
GeneralAndAdministrativeExpense3.91M4.29M4.73M3.07M
OtherGandA3.91M4.29M4.73M3.07M
GrossProfit1.31M695.00K2.12M3.44M
CostOfRevenue12.66M14.60M13.93M13.45M
TotalRevenue13.97M15.29M16.06M16.90M
OperatingRevenue13.97M15.29M16.06M16.90M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber2.50K2.50K2.50K2.50K
OrdinarySharesNumber2.51M2.51M1.85M1.83M
ShareIssued2.51M2.51M1.85M1.83M
NetDebt4.57M4.01M1.94M
TotalDebt6.92M7.54M2.42M1.50M
TangibleBookValue8.51M13.19M18.18M23.25M
InvestedCapital13.57M17.75M20.33M23.76M
WorkingCapital7.04M11.78M17.37M21.76M
NetTangibleAssets8.51M13.19M18.18M23.25M
CapitalLeaseObligations1.86M2.98M268.00K989.00K
CommonStockEquity8.51M13.19M18.18M23.25M
TotalCapitalization8.51M13.19M18.24M23.52M
TotalEquityGrossMinorityInterest8.51M13.19M18.18M23.25M
StockholdersEquity8.51M13.19M18.18M23.25M
TreasuryStock40.00K40.00K40.00K40.00K
RetainedEarnings-30.34M-25.66M-19.11M-13.53M
AdditionalPaidInCapital38.89M38.89M37.33M36.82M
CapitalStock2.00K2.00K1.00K1.00K
CommonStock2.00K2.00K1.00K1.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest9.03M12.07M6.01M3.93M
TotalNonCurrentLiabilitiesNetMinorityInterest474.00K1.86M57.00K536.00K
LongTermDebtAndCapitalLeaseObligation474.00K1.86M57.00K536.00K
LongTermCapitalLeaseObligation474.00K1.86M0.00268.00K
LongTermDebt57.00K268.00K
CurrentLiabilities8.56M10.21M5.95M3.39M
CurrentDeferredLiabilities607.00K1.62M2.13M897.00K
CurrentDeferredRevenue607.00K1.62M2.13M897.00K
CurrentDebtAndCapitalLeaseObligation6.45M5.68M2.36M963.00K
CurrentCapitalLeaseObligation1.38M1.12M268.00K721.00K
CurrentDebt5.06M4.56M2.10M242.00K
OtherCurrentBorrowings64.00K211.00K242.00K
LineOfCredit4.80M4.24M1.88M0.00
CurrentNotesPayable266.00K321.00K211.00K242.00K
PayablesAndAccruedExpenses1.51M2.91M1.46M1.53M
CurrentAccruedExpenses1.10M1.15M1.23M1.21M
Payables408.00K1.76M230.00K328.00K
AccountsPayable408.00K1.76M230.00K328.00K
TotalAssets17.55M25.26M24.19M27.18M
TotalNonCurrentAssets1.95M3.27M871.00K2.03M
NonCurrentPrepaidAssets108.00K108.00K93.00K93.00K
NetPPE1.84M3.16M778.00K1.93M
AccumulatedDepreciation-6.25M-4.91M-6.34M-5.16M
GrossPPE8.09M8.07M7.12M7.09M
Leases390.00K390.00K390.00K390.00K
OtherProperties3.58M3.58M2.82M3.42M
MachineryFurnitureEquipment4.12M4.10M3.91M3.89M
BuildingsAndImprovements3.58M2.82M2.82M
Properties0.000.000.000.00
CurrentAssets15.60M21.99M23.32M25.15M
PrepaidAssets53.00K455.00K2.63M4.01M
Inventory12.89M16.52M15.46M9.02M
FinishedGoods991.00K2.21M3.18M2.41M
RawMaterials11.90M14.31M12.28M6.61M
Receivables2.15M4.46M5.02M7.03M
OtherReceivables2.00M2.00M2.00M
TaxesReceivable0.00787.00K787.00K787.00K
AccountsReceivable2.15M1.68M2.23M4.24M
CashCashEquivalentsAndShortTermInvestments498.00K549.00K211.00K5.10M
CashAndCashEquivalents498.00K549.00K211.00K5.10M
CashFinancial498.00K549.00K211.00K5.10M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-555.00K-3.62M-6.53M-9.45M
RepaymentOfDebt-64.00K-205.00K-242.00K-267.00K
IssuanceOfDebt568.00K2.61M1.88M0.00
IssuanceOfCapitalStock0.001.56M0.0012.47M
CapitalExpenditure-19.00K-194.00K-25.00K-71.00K
EndCashPosition498.00K549.00K211.00K5.10M
BeginningCashPosition549.00K211.00K5.10M1.65M
ChangesInCash-51.00K338.00K-4.89M3.46M
FinancingCashFlow504.00K3.96M1.64M12.91M
CashFlowFromContinuingFinancingActivities504.00K3.96M1.64M12.91M
ProceedsFromStockOptionExercised0.00707.00K
NetCommonStockIssuance0.001.56M0.0012.47M
CommonStockIssuance0.001.56M0.0012.47M
NetIssuancePaymentsOfDebt504.00K2.41M1.64M-267.00K
NetShortTermDebtIssuance504.00K2.41M1.88M0.00
ShortTermDebtPayments-64.00K-205.00K0.00
ShortTermDebtIssuance568.00K2.61M1.88M0.00
NetLongTermDebtIssuance52.00K-242.00K-267.00K
LongTermDebtPayments-205.00K-242.00K-267.00K
LongTermDebtIssuance257.00K0.000.00
InvestingCashFlow-19.00K-194.00K-25.00K-71.00K
CashFlowFromContinuingInvestingActivities-19.00K-194.00K-25.00K-71.00K
NetPPEPurchaseAndSale-19.00K-194.00K-25.00K-71.00K
PurchaseOfPPE-19.00K-194.00K-25.00K-71.00K
OperatingCashFlow-536.00K-3.43M-6.51M-9.38M
CashFlowFromContinuingOperatingActivities-536.00K-3.43M-6.51M-9.38M
ChangeInWorkingCapital3.07M2.28M-1.95M-6.80M
ChangeInOtherWorkingCapital-1.01M-508.00K1.23M843.00K
ChangeInOtherCurrentLiabilities-1.12M-864.00K-722.00K-671.00K
ChangeInOtherCurrentAssets1.17M1.00M674.00K
ChangeInPayablesAndAccruedExpense-1.41M1.45M-73.00K81.00K
ChangeInAccruedExpense-51.00K-80.00K25.00K65.00K
ChangeInPayable-1.35M1.53M-98.00K16.00K
ChangeInAccountPayable-1.35M1.53M-98.00K16.00K
ChangeInPrepaidAssets402.00K2.16M1.38M-3.65M
ChangeInInventory2.73M-1.51M-6.44M77.00K
ChangeInReceivables2.31M554.00K2.01M-3.48M
ChangesInAccountReceivables-477.00K554.00K2.01M-3.05M
OtherNonCashItems-4.00M
StockBasedCompensation0.00515.00K0.00
AssetImpairmentCharge900.00K450.00K0.000.00
DepreciationAmortizationDepletion167.00K387.00K507.00K549.00K
DepreciationAndAmortization167.00K387.00K507.00K549.00K
OperatingGainsLosses-1.72M
NetIncomeFromContinuingOperations-4.68M-6.55M-5.58M-1.41M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for POLA
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