POLA Stock Price, Polar Power Inc Quote, Chart

Market Summary

USD0.45-0.05

Delayed

-10.00%

POLA Stock Price

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POLA RSI Chart

POLA Valuation

Market Cap

7.9M

Price/Earnings (Trailing)

-1.04

Price/Sales (Trailing)

0.61

EV/EBITDA

-21.41

Price/Free Cashflow

-2.29

POLA Price/Sales (Trailing)

POLA Profitability

Operating Margin

-36.25%

EBT Margin

-10.98%

Return on Equity

-68.59%

Return on Assets

-31.75%

Free Cashflow Yield

-43.74%

POLA Fundamentals

POLA Revenue

Revenue (TTM)

12.9M

Rev. Growth (Yr)

-57.64%

Rev. Growth (Qtr)

-50.76%

POLA Earnings

Earnings (TTM)

-7.6M

Earnings Growth (Yr)

-92.45%

Earnings Growth (Qtr)

32.11%

Breaking Down POLA Revenue

Last 7 days

18.4%

Last 30 days

12.5%

Last 90 days

15.4%

Trailing 12 Months

-63.4%

How does POLA drawdown profile look like?

POLA Financial Health

Current Ratio

1.86

POLA Investor Care

Shares Dilution (1Y)

35.62%

Diluted EPS (TTM)

-0.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	12.9M	0	0	0
2023	16.5M	17.9M	18.1M	15.3M
2022	17.3M	16.7M	14.3M	16.1M
2021	9.5M	13.2M	14.8M	16.9M
2020	19.9M	11.8M	7.4M	9.0M
2019	26.9M	30.3M	32.2M	24.8M
2018	14.3M	17.7M	19.7M	24.0M
2017	24.4M	22.1M	17.7M	14.4M
2016	0	0	0	22.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Polar Power Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 22, 2022	sams arthur d.	acquired	-	-	16,924	president, ceo, secretary
Aug 22, 2022	zavala luis	acquired	-	-	10,770	chief financial officer
Dec 06, 2021	albrecht keith	sold	-22,006	4.75	-4,633	-
Dec 03, 2021	albrecht keith	sold	-75,789	4.62666	-16,381	-
May 18, 2021	albrecht keith	sold	-23,548	10.15	-2,320	-
Nov 09, 2018	sams arthur d.	sold	-9,000	6.00	-1,500	president, ceo and secretary

Which funds bought or sold POLA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	17,923	17,923	-%
May 15, 2024	STATE STREET CORP	unchanged	-	4,689	17,511	-%
May 15, 2024	MORGAN STANLEY	reduced	-69.6	-235	167	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-4.46	38.00	166	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-1.74	1,083	4,269	-%
May 15, 2024	TWO SIGMA SECURITIES, LLC	added	84.33	6,976	11,590	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	new	-	9,387	9,387	-%
May 15, 2024	Royal Bank of Canada	reduced	-52.08	-	-	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	27,552	27,552	-%
May 14, 2024	Qube Research & Technologies Ltd	unchanged	-	8.00	28.00	-%

Are Funds Buying or Selling POLA?

Are funds buying POLA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own POLA

No. of Funds

Unveiling Polar Power Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	lind global fund ii lp	0.2%	27,421	SC 13G/A
Jan 04, 2024	bard associates inc	16.0%	2,806,023	SC 13G
Feb 14, 2023	sams arthur d.	43.4%	5,643,600	SC 13G/A

Recent SEC filings of Polar Power Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 15, 2024	10-Q	Quarterly Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Polar Power Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	58.8B	23.0B	20.26%	50.77%	43.8	2.55	9.35%	-48.07%
HUBB	21.1B	5.5B	0.45%	39.98%	29.05	3.84	8.06%	32.52%
BLDR	20.4B	17.1B	-6.83%	36.60%	13.91	1.19	-18.27%	-40.02%
CSL	19.9B	4.9B	13.40%	94.52%	23.21	4.06	-3.54%	3.11%
LECO	12.9B	-	-4.07%	33.20%	23.62	3.13	6.67%	16.79%
MID-CAP
AYI	8.0B	3.9B	4.36%	61.38%	21.17	2.08	-6.35%	-0.40%
AAON	6.2B	1.2B	-13.17%	22.84%	34.26	5.29	19.83%	50.95%
ATKR	5.5B	3.4B	-10.63%	22.26%	8.95	1.64	-11.52%	-24.82%
AEIS	4.0B	1.6B	14.28%	14.49%	30.83	2.54	-16.80%	-35.75%
PLUG	2.4B	801.3M	18.68%	-58.83%	-1.65	3	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	18.99%	70.53%	14.78	1.04	-1.65%	-4.32%
ACTG	538.1M	141.5M	11.62%	34.84%	9.37	3.8	64.77%	235.59%
ACCO	493.5M	1.8B	6.61%	-0.96%	-20.23	0.28	-6.26%	-71.83%
FCEL	366.0M	103.0M	-19.00%	-64.63%	-4	3.55	-24.12%	24.29%
APT	56.3M	60.9M	-21.24%	23.91%	13.37	0.92	4.81%	82.22%

Polar Power Inc News

Latest updates

Polar Power Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-50.8%	1,775,000	3,605,000	1,911,000	5,587,000	4,190,000	6,366,000	1,707,000	4,274,000	3,709,000	4,623,000	4,136,000	4,847,000	3,290,000	2,543,500	2,501,000	1,126,000	2,860,000	878,516	6,939,318	9,236,000	7,747,000
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,020,000	3,545,046	4,707,412	6,274,404	5,355,000
Gross Profit	71.8%	-402,000	-1,427,000	-108,000	1,475,000	755,000	406,000	-247,000	1,061,000	905,000	1,570,000	966,000	967,000	-58,000	-2,053,000	-2,699,000	-711,000	-160,000	-2,667,000	2,232,000	2,962,000	2,392,000
Operating Expenses	2.1%	1,577,000	1,545,000	1,565,000	1,785,000	1,790,000	1,731,000	2,129,000	1,786,000	2,012,000	1,143,000	1,728,000	1,832,000	1,840,000	1,582,500	2,014,000	1,584,000	2,160,000	2,009,500	2,189,000	2,389,000	2,313,000
S&GA Expenses	-9.4%	231,000	255,000	274,000	310,000	333,000	337,500	328,000	400,000	405,000	369,000	372,000	379,000	368,000	260,000	445,000	312,000	539,000	588,500	707,000	695,000	630,000
R&D Expenses	-7.9%	220,000	239,000	299,000	338,000	346,000	315,000	319,000	350,000	476,000	500,500	533,000	463,000	490,000	414,500	489,000	368,000	451,000	626,500	546,000	541,000	562,000
EBITDA Margin	-9.9%	-0.03	-0.03	-0.03	-0.04	-0.05	-0.05	-0.06	-0.05	-0.05	-0.05	-0.33	-0.80	-1.26	-1.37	-	-	-	-	-	-	-
Interest Expenses	-11.4%	163,000	184,000	171,000	126,000	78,000	19,000	12,000	14,000	13,000	14,500	14,000	15,000	16,000	14,000	11,000	14,000	21,000	68,500	14,000	10,000	11,000
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,277,000	2,138,000	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	413,000	942,000	-866,000	-1,903,000	-3,649,500	-4,723,000	-2,298,000	-2,339,000	-4,731,000	48,000	567,000	71,000
EBT Margin	-18.8%	-0.11	-0.09	-0.08	-0.08	-0.09	-0.09	-0.10	-0.08	-0.08	-0.08	-0.37	-0.85	-1.33	-1.44	-	-	-	-	-	-	-
Net Income	32.1%	-2,142,000	-3,155,000	-1,844,000	-436,000	-1,113,000	-1,344,000	-2,381,000	-739,000	-1,120,000	413,000	942,000	-866,000	-1,903,000	-3,649,000	-4,723,000	-2,298,000	-201,000	-4,731,000	48,000	567,000	71,000
Net Income Margin	-37.4%	-0.59	-0.43	-0.26	-0.30	-0.34	-0.35	-0.27	-0.03	-0.04	-0.08	-0.37	-0.85	-1.33	-1.20	-	-	-	-	-	-	-
Free Cashflow	-185.8%	-989,000	-346,000	-280,000	-1,648,000	-1,156,000	-1,975,000	-2,231,000	-1,471,000	-855,000	-2,547,000	-786,000	-2,777,000	-3,408,000	-423,000	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.5%	24.00	25.00	28.00	28.00	28.00	24.00	25.00	27.00	26.00	27.00	27.00	28.00	29.00	18.00	21.00	23.00	23.00	24.00	29.00	30.00	29.00
Current Assets	-4.7%	21.00	22.00	25.00	26.00	25.00	23.00	24.00	26.00	24.00	25.00	25.00	26.00	26.00	15.00	17.00	18.00	19.00	19.00	24.00	25.00	24.00
Cash Equivalents	-61.4%	0.00	1.00	0.00	0.00	0.00	0.00	0.00	3.00	4.00	5.00	8.00	9.00	11.00	2.00	2.00	1.00	1.00	3.00	4.00	5.00	4.00
Inventory	-1.8%	16.00	17.00	19.00	18.00	17.00	15.00	16.00	12.00	10.00	9.00	9.00	8.00	9.00	9.00	11.00	14.00	14.00	14.00	14.00	12.00	10.00
Net PPE	-19.2%	0.00	0.00	0.00	1.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Liabilities	6.2%	13.00	12.00	14.00	12.00	11.00	6.00	6.00	6.00	4.00	4.00	4.00	6.00	6.00	6.00	7.00	7.00	5.00	5.00	6.00	6.00	7.00
Current Liabilities	10.4%	11.00	10.00	11.00	10.00	9.00	6.00	6.00	6.00	4.00	3.00	3.00	5.00	5.00	5.00	3.00	3.00	3.00	3.00	3.00	4.00	4.00
Shareholder's Equity	-16.2%	11.00	13.00	15.00	17.00	17.00	18.00	20.00	21.00	22.00	23.00	23.00	22.00	23.00	11.00	15.00	16.00	18.00	18.00	23.00	23.00	23.00
Retained Earnings	-8.3%	-27.80	-25.66	-22.50	-20.66	-20.22	-19.11	-17.77	-15.39	-14.65	-13.53	-13.94	-14.88	-14.02	-12.11	-8.46	-3.74	-1.44	-1.24	3.00	3.00	3.00
Additional Paid-In Capital	0%	39.00	39.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	37.00	24.00	23.00	20.00	20.00	20.00	20.00	20.00	20.00
Shares Outstanding	0%	18.00	18.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	12.00	-	-	-	-	-	-	-
Float	-	-	-	-	10.00	-	-	-	19.00	-	-	-	66.00	-	-	-	19.00	-	-	-	16.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-185.8%	-989	-346	-280	-1,648	-1,156	-1,975	-2,221	-1,464	-847	-2,490	-759	-2,750	-3,381	-396	-2,480	-1,805	-1,867	-678	-1,551	2,040	-1,978
Share Based Compensation	-	-	-	-	-	-	-	515	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-	-	-	-	-	-	-	-10.00	-7.00	-8.00	-57.00	-	-	-	-16.00	-11.00	-	8.00	-27.00	-135	-97.00	-79.00
Cashflow From Financing	8.8%	652	599	284	2,015	1,064	1,823	-62.00	-59.00	-60.00	-58.00	-59.00	-70.00	13,093	-13.00	3,835	1,633	-82.00	-121	-79.00	-46.00	-49.00

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POLA Income Statement

2024-03-31

Condensed Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net Sales	$ 1,775	$ 4,190
Cost of Sales	2,177	3,435
Gross profit (loss)	(402)	755
Operating Expenses
Sales and marketing	231	333
Research and development	220	346
General and administrative	1,126	1,111
Total operating expenses	1,577	1,790
Loss from operations	(1,979)	(1,035)
Other income (expenses)
Interest expense and finance costs	(163)	(78)
Total other income (expenses), net	(163)	(78)
Net loss	$ (2,142)	$ (1,113)
Net loss per share, basic	$ (0.12)	$ (0.09)
Net loss per share, diluted	$ (0.12)	$ (0.09)
Weighted average shares outstanding, basic	17,561,612	12,949,550
Weighted average shares outstanding, diluted	17,561,612	12,949,550

POLA Balance Sheet

2024-03-31

Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 212	$ 549
Accounts receivable	1,282	1,676
Inventories	16,221	16,522
Prepaid expenses	444	455
Employee retention credit receivable	2,000	2,000
Income taxes receivable	787	787
Total current assets	20,946	21,989
Other assets:
Operating lease right-of-use assets	2,530	2,818
Property and equipment, net	278	344
Deposits	108	108
Total assets	23,862	25,259
Current liabilities
Accounts payable	1,194	1,762
Customer deposits	2,545	1,618
Accrued liabilities and other current liabilities	1,131	1,151
Line of credit	4,914	4,238
Current portion of operating lease liabilities	1,197	1,124
Total current liabilities	11,278	10,214
Operating lease liabilities, net of current portion	1,537	1,856
Total liabilities	12,815	12,070
Commitments and Contingencies
Stockholders’ Equity
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value, 50,000,000 shares authorized, 17,579,089 shares issued and 17,561,612 shares outstanding on March 31, 2024, and December 31, 2023	2	2
Additional paid-in capital	38,886	38,886
Accumulated deficit	(27,801)	(25,659)
Treasury Stock, at cost (17,477 shares)	(40)	(40)
Total stockholders’ equity	11,047	13,189
Total liabilities and stockholders’ equity	23,862	25,259
Related Party [Member]
Current liabilities
Notes payable	257	257
Nonrelated Party [Member]
Current liabilities
Notes payable	$ 40	$ 64

About Polar Power Inc

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. It serves customers in the telecommunications, military, commercial, industrial, and marine markets. In addition, the company sells its products through a direct sales force, and a network of 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.

CEO	Mr. Arthur D. Sams
WEBSITE	polarpower.com
INDUSTRY	Communication Equipment
EMPLOYEES	113

Polar Power Inc Frequently Asked Questions

What is the ticker symbol for Polar Power Inc? What does POLA stand for in stocks?

POLA is the stock ticker symbol of Polar Power Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Polar Power Inc (POLA)?

As of Fri May 17 2024, market cap of Polar Power Inc is 7.9 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of POLA stock?

You can check POLA's fair value in chart for subscribers.

What is the fair value of POLA stock?

You can check POLA's fair value in chart for subscribers. The fair value of Polar Power Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Polar Power Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for POLA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Polar Power Inc a good stock to buy?

The fair value guage provides a quick view whether POLA is over valued or under valued. Whether Polar Power Inc is cheap or expensive depends on the assumptions which impact Polar Power Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for POLA.

What is Polar Power Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, POLA's PE ratio (Price to Earnings) is -1.04 and Price to Sales (PS) ratio is 0.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. POLA PE ratio will change depending on the future growth rate expectations of investors.