Polaris Renewable Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	80.48	75.77	78.52	62.6	59.52
Revenue Growth (YoY)	6.21%	-3.50%	25.44%	5.18%	-20.35%
Operations & Maintenance	3.1	2.14	2.15	2.39	2.99
Selling, General & Admin	7.75	7.25	7.51	6.01	6.24
Depreciation & Amortization	29.96	29.21	28.95	25.75	26.07
Other Operating Expenses	10.59	12.45	11.88	10.05	7.73
Total Operating Expenses	51.4	51.05	50.48	44.2	43.03
Operating Income	29.09	24.73	28.04	18.4	16.49
Interest Expense	-32.62	-21.09	-20.55	-15.35	-16.32
Interest Income	3.65	2.86	1.89	0.68	0.37
Net Interest Expense	-28.97	-18.23	-18.66	-14.68	-15.94
Currency Exchange Gain (Loss)	-	-	-	-0.95	-0.92
Other Non-Operating Income (Expenses)	-1.87	-0.37	-3.02	2.18	3.96
EBT Excluding Unusual Items	-1.75	6.13	6.37	4.96	3.59
Total Merger & Restructuring Charges	-	-	-	-0.79	-0.57
Gain (Loss) on Sale of Assets	-	-	-	-	1.4
Asset Writedown	-2.19	-5.28	-	-	-
Other Unusual Items	-	-	-	-3.2	-
Pretax Income	-3.94	0.85	6.37	0.97	4.42
Income Tax Expense	-1.13	-1.33	-5.43	-1.46	3.88
Earnings From Continuing Ops.	-2.82	2.18	11.8	2.43	0.54
Minority Interest in Earnings	0.07	0.81	-0.06	0.07	-0.04
Net Income	-2.75	2.99	11.74	2.5	0.5
Net Income to Common	-2.75	2.99	11.74	2.5	0.5
Net Income Growth	-	-74.54%	369.95%	398.80%	-98.26%
Shares Outstanding (Basic)	21	21	21	20	19
Shares Outstanding (Diluted)	21	21	21	20	19
Shares Change (YoY)	-0.14%	0.39%	4.54%	5.99%	12.38%
EPS (Basic)	-0.13	0.14	0.56	0.12	0.03
EPS (Diluted)	-0.13	0.14	0.56	0.12	0.03
EPS Growth	-	-74.91%	364.93%	350.43%	-98.43%
Free Cash Flow	34.47	31.69	32.57	1.02	32.72
Free Cash Flow Per Share	1.63	1.50	1.55	0.05	1.72
Dividend Per Share	0.600	0.600	0.600	0.600	0.600
Profit Margin	-3.41%	3.95%	14.96%	3.99%	0.84%
Free Cash Flow Margin	42.83%	41.82%	41.48%	1.64%	54.97%
EBITDA	58.91	54.16	57.21	43.98	42.65
EBITDA Margin	73.20%	71.48%	72.86%	70.26%	71.66%
D&A For EBITDA	29.83	29.44	29.17	25.59	26.16
EBIT	29.09	24.73	28.04	18.4	16.49
EBIT Margin	36.14%	32.63%	35.71%	29.39%	27.70%
Effective Tax Rate	-	-	-	-	87.73%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.