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Polar Power Inc   (POLA)
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POLA's Revenue Growth by Quarter and Year

Polar Power Inc 's Revenue results by quarter and year




POLA Revenue (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December - 6.24 4.17 4.94
III Quarter September 1.89 0.75 4.14 0.10
II Quarter June 5.48 4.06 4.85 1.13
I Quarter March 3.76 2.91 3.29 2.86
FY   11.13 13.96 16.45 9.03



POLA Revenue third quarter 2022 Y/Y Growth Comment
Polar Power Inc achieved in the third quarter 2022, above Company average Revenue surge of 152.27% year on year, to $ 1.89 millions.

Looking into third quarter 2022 results within Industrial Machinery and Components industry 56 other companies have achieved higher Revenue growth. While Polar Power Inc ' s Revenue doubling of 152.27% ranks overall at the positon no. 2396 in the third quarter 2022.




POLA Revenue ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December - 49.64 % -15.59 % 461.36 %
III Quarter September 152.27 % -81.88 % 4040 % -98.56 %
II Quarter June 34.98 % -16.29 % 329.2 % -87.77 %
I Quarter March 29.21 % -11.55 % 15.03 % -63.1 %
FY   - -15.14 % 82.17 % -63.6 %

Financial Statements
Polar Power Inc 's third quarter 2022 Revenue $ 1.89 millions POLA's Income Statement
Polar Power Inc 's third quarter 2021 Revenue $ 0.75 millions Quarterly POLA's Income Statement
New: More POLA's historic Revenue Growth >>


POLA Revenue (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - 732 % 0.72 % 4840 %
III Quarter September -65.47 % -81.53 % -14.64 % -91.15 %
II Quarter June 45.74 % 39.52 % 47.42 % -60.49 %
I Quarter March -39.74 % -30.22 % -33.4 % 225 %
FY (Year on Year)   - -15.14 % 82.17 % -63.6 %




Revenue third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #57
Capital Goods Sector #162
Overall #2396

Revenue Y/Y Growth Statistics
High Average Low
246.73 % 20.8 % -84.59 %
(Sep 30 2021)   (Sep 30 2020)
Revenue third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #57
Capital Goods Sector #162
Overall #2396
Revenue Y/Y Growth Statistics
High Average Low
246.73 % 20.8 % -84.59 %
(Sep 30 2021)   (Sep 30 2020)

Revenue by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Polar Power Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
4795.05 % 199.1 % -91.03 %
(Dec 31 2020)  


POLA's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2022 Polar Power Inc reported fall in Revenue from the previous quarter by -65.47% to $ 1.89 millions, from $ 5.48 millions declared a quarter before.

When you evaluate recent downturn at the III. Quarter, you must take into consideration, that frequently III. Quarter Revenue appear to be sluggish then in the quarter before, Filipe Carvalho, an industry consultant located in Paris said.

Within Industrial Machinery and Components industry 87 other companies have achieved higher Revenue quarter on quarter growth. While Polar Power Inc 's Revenue growth quarter on quarter, overall rank is 3817.


Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #88
Capital Goods Sector #237
Overall #3817
Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #88
Capital Goods Sector #237
Overall #3817
Revenue Q/Q Growth Statistics
High Average Low
4795.05 % 199.1 % -91.03 %
(Dec 31 2020)  


POLA's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2022 Polar Power Inc realized fall in Revenue from the second quarter by -65.47% to $ 1.89 millions, from $ 5.48 millions achived in the previous reporting period.

As we evaluate recent slump in the III. Quarter 2022, we must assume, that commonly III. Quarter Revenue emerge sluggish relative to the second quarter, Filipe Carvalho, an industry consultant located in Paris said.

Within Industrial Machinery and Components industry 87 other companies have achieved higher Revenue quarter on quarter growth. While Polar Power Inc 's Revenue growth quarter on quarter, overall rank is 3817.


Polar Power Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Revenue 12 Months Ending $ 17.36 $ 16.22 $ 14.81 $ 13.96 $ 11.89
Y / Y Revenue Growth (TTM) 46 % 6.21 % -7.8 % -15.12 % -30.93 %
Year on Year Revenue Growth Overall Ranking # 3519 # 290 # 298 # 0 # 2794
Seqeuential Revenue Change (TTM) 7.02 % 9.55 % 6.09 % 17.38 % -22.15 %
Seq. Revenue Growth (TTM) Overall Ranking # 3435 # 2031 # 2543 # 0 # 928




Cumulative Revenue growth Comment
Polar Power Inc saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 46% year on year, to $ 17 millions if the fiscal year would have ended in Sep 30 2023.
Polar Power Inc 's trailing twelve months Revenue growth was higher than company's average 21.47% and higher than 6.21% growth in Jun 30 2023.
But from twelve months ended Jun 30 2023 rise was less at 7.02 % from $16.22 millions reported in twelve months ending a quarter Jun 30 2023 Filipe Carvalho continued.
We witness drop-off happening, more evident observing the As we typical Q/Q TTM Revenue advancement which is stronger at21.47% Filipe Carvalho wrote.
The momentum is even higher from twelve months ended Jun 30 2023 showed at 7.02 % increase from $16.22 millions in twelve months ending a quarter before.

In the Capital Goods sector 230 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 290 to 3519.

Revenue TTM Q/Q Growth Statistics
High Average Low
246.73 %
21.47 %
-84.59 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 80
Capital Goods Sector # 231
Overall # 3519

Revenue TTM Y/Y Growth Statistics
High Average Low
246.73 %
21.47 %
-84.59 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 80
Sector # 230
S&P 500 # 3435
Cumulative Revenue growth Comment
Polar Power Inc saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 46% year on year, to $ 17 millions if the fiscal year would have ended in Sep 30 2023.
Polar Power Inc 's trailing twelve months Revenue growth was higher than company's average 21.47% and higher than 6.21% growth in Jun 30 2023.
But from twelve months ended Jun 30 2023 increase was beneth at 7.02 % from $16.22 millions recorded in twelve months ending a quarter before.
It appears to be drop-off in progress, more evident as we look at As we typical Q/Q TTM Revenue rise what is stronger at21.47% Filipe Carvalho wrote.
The progress is even more impressive from twelve months ended Jun 30 2023 showed at 7.02 % rise from $16.22 millions in twelve months ending a quarter before.

In the Capital Goods sector 230 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 290 to 3519.

Revenue TTM Q/Q Growth Statistics
High Average Low
246.73 %
21.47 %
-84.59 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 80
Capital Goods Sector # 231
Overall # 3519

Revenue TTM Y/Y Growth Statistics
High Average Low
246.73 %
21.47 %
-84.59 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 80
Sector # 230
S&P 500 # 3435




Other Revenue Growth
Industrial Machinery and Components Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
POLA's Revenue Growth Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for POLA's Competitors
Revenue Growth for Polar Power Inc 's Suppliers
Revenue Growth for POLA's Customers

You may also want to know
POLA's Annual Growth Rates POLA's Profitability Ratios POLA's Asset Turnover Ratio POLA's Dividend Growth
POLA's Roe POLA's Valuation Ratios POLA's Financial Strength Ratios POLA's Dividend Payout Ratio
POLA's Roa POLA's Inventory Turnover Ratio POLA's Growth Rates POLA's Dividend Comparisons



Companies with similar Revenue fall for the quarter ending Sep 30 2023 within Capital Goods SectorY/Y Change %Revenue for the quarter ending Sep 30 2023
Forge Innovation Development Corp258.81%$ 258.811 millions
Amprius Technologies Inc 242.89%$ 242.892 millions
Momentus Inc 162.79%$ 162.791 millions
Polar Power Inc 151.26%$ 151.262 millions
Advanced Drainage Systems Inc 143.85%$ 143.847 millions
Solid Power inc 126.31%$ 126.306 millions
Wrap Technologies Inc 113.46%$ 113.463 millions
Microvast Holdings Inc 107.47%$ 107.468 millions
Nextnav Inc 104.17%$ 104.175 millions
Ouster Inc 97.19%$ 97.189 millions
Aersale Corporation81.33%$ 81.325 millions




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