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Polar Power Inc   (NASDAQ: POLA)
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Price: $1.6900 $0.01 0.595%
Day's High: $1.72 Week Perf: -3.43 %
Day's Low: $ 1.68 30 Day Perf: -4.52 %
Volume (M): 5 52 Wk High: $ 4.38
Volume (M$): $ 9 52 Wk Avg: $1.64
Open: $1.69 52 Wk Low: $0.36



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 3
 Employees 33
 Revenues (TTM) (Millions $) 13
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Polar Power Inc
Polar Power Inc is a leading provider of innovative power solutions for various applications. They specialize in developing and manufacturing high-performance DC power systems, hybrid power systems, and solar power generators. The company's solutions are designed to operate in extreme environments, such as remote and off-grid locations, where access to reliable power is limited. Polar Power Inc's products are known for their durability, efficiency, and versatility, making them ideal for telecommunications, marine, military, and other specialized industries.


   Company Address: 249 E. Gardena Blvd. Gardena 90248 CA
   Company Phone Number: 830-9153   Stock Exchange / Ticker: NASDAQ POLA


   

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Polar Power Inc

Huge Decline in Revenue for Polar Power Inc as Fiscal Year Comes to a Close on March 31, 2024

Polar Power Inc, a leading provider of energy-efficient power systems, has recently reported a disastrous fiscal period, with a significant decline in revenue and an expansion of net loss per share compared to the previous year. According to the company's financial statements, revenue faded by a staggering -57.443% to $1.60 million. This decline in revenue can be attributed to various factors including decreased demand for their products and the impact of global economic conditions.
Furthermore, the net loss per share has expanded to -$0.12, up from the corresponding quarter a year ago, where it was $0.00 per share. This indicates a decline in profitability and signifies the challenges faced by Polar Power Inc in maintaining their bottom line.







Polar Power Inc's Segments
Telecommunications    100.97 % of total Revenue
Government And Military    8.39 % of total Revenue
Marine    0.97 % of total Revenue
Other    0.75 % of total Revenue
DC Power Systems    98.1 % of total Revenue
Engineering And Tech Support Services    5.06 % of total Revenue
Accessories    7.91 % of total Revenue
UNITED STATES    100.45 % of total Revenue
CANADA    0.02 % of total Revenue
South Pacific Islands    1.9 % of total Revenue
Other Asia Pacific    0.09 % of total Revenue
JAPAN    0.25 % of total Revenue
Europe And Middle East    5.83 % of total Revenue
Africa    2.53 % of total Revenue





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