Polar Power Inc (POLA) Earnings Report, Financial Results, Financial analysis

Polar Power Inc reported I. Quarter net loss per share of $-0.02 compare to earnings per share of $0.01 in the same quarter a year ago and improved compare to net loss per share of $-0.47 realized in previous quarter.

*I. Quarter*
Earnings Per Share	Revenues
$ -0.02	$ 3 Mill
$-0.03	$-5M -63.08 %

Polar Power Inc 's Revenue fell by -63.08 % in I. Quarter (Mar 31 2020) year on year, to $3 million and advanced by 225.56 % sequentially.

Polar Power Inc is

More on POLA's Income Statement

POLA's NET INCOME

Polar Power Inc 's in I. Quarter recorded net loss of $-0 million, compare to net income of $0 million achieved in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-4.73 million realized in previous quarter.

More on POLA's Growth

Inventories grew by 33.77 % to $14 million from I. Quarter a year ago, sequentially inventories fell by -2.73 %. In I. Quarter company's net cash and cash equivalents decreased by $-2 million

Earnings quality

Polar Power Inc does not pay out common stock dividend.

In trailing twelve-month period Polar Power Inc payed $ -0.20 cash per share, on a free-cash flow basis .

Book value fell by -1.61 % sequentially to $1.79 per share, -6.83% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ 1.79 per share from $ 1.82.

Company issued 0.05 million shares or 0.52 % in I. Quarter.

• More on POLA's Dividends

Market Capitalization (Millions)	34
Shares Outstanding (Millions)	10
Total Debt (Millions $)	1
Revenue (TTM) (Millions $)	20
Net Income (TTM) (Millions $)	-4
Cash Flow (TTM) (Millions $)	-3
Capital Exp. (TTM) (Millions $)	-0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

Earnings quality

• More on POLA's Balance Sheets

Market Capitalization (Millions)	34
Shares Outstanding (Millions)	10
Total Debt (Millions $)	1
Revenue (TTM) (Millions $)	20
Net Income (TTM) (Millions $)	-4
Cash Flow (TTM) (Millions $)	-3
Capital Exp. (TTM) (Millions $)	-0
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	-

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Polar Power Inc

POLA's Financial Statements and Analysis