Polaris Renewable Energy Inc. (FRA:N4T)

Polaris Renewable Energy Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	79.75	75.77	78.52	62.6	59.52	74.72
Revenue Growth (YoY)	5.29%	-3.50%	25.44%	5.18%	-20.35%	4.87%
Operations & Maintenance	2.66	2.14	2.15	2.39	2.99	2.95
Selling, General & Admin	7.89	7.51	7.85	6.01	6.24	6.09
Depreciation & Amortization	29.68	29.21	28.95	25.75	26.07	25.13
Other Operating Expenses	11.23	12.19	11.53	10.05	7.73	8.12
Total Operating Expenses	51.45	51.05	50.48	44.2	43.03	42.28
Operating Income	28.3	24.73	28.04	18.4	16.49	32.44
Interest Expense	-22.63	-20.81	-20.55	-15.35	-16.32	-16.18
Interest Income	3.9	2.86	1.89	0.68	0.37	0.31
Net Interest Expense	-18.73	-17.96	-18.66	-14.68	-15.94	-15.86
Currency Exchange Gain (Loss)	-	-	-	-0.95	-0.92	-0.86
Other Non-Operating Income (Expenses)	-11.33	-0.65	-3.02	2.18	3.96	-7.14
EBT Excluding Unusual Items	-1.77	6.13	6.37	4.96	3.59	8.57
Total Merger & Restructuring Charges	-	-	-	-0.79	-0.57	-
Gain (Loss) on Sale of Assets	-	-	-	-	1.4	-
Asset Writedown	-5.28	-5.28	-	-	-	24.45
Other Unusual Items	-	-	-	-3.2	-	5.96
Pretax Income	-7.04	0.85	6.37	0.97	4.42	38.98
Income Tax Expense	5.15	-1.33	-5.43	-1.46	3.88	10.11
Earnings From Continuing Ops.	-12.2	2.18	11.8	2.43	0.54	28.87
Minority Interest in Earnings	0.84	0.81	-0.06	0.07	-0.04	-0.03
Net Income	-11.36	2.99	11.74	2.5	0.5	28.84
Net Income to Common	-11.36	2.99	11.74	2.5	0.5	28.84
Net Income Growth	-	-74.54%	369.95%	398.80%	-98.26%	98.97%
Shares Outstanding (Basic)	21	21	21	20	19	16
Shares Outstanding (Diluted)	21	21	21	20	19	17
Shares Change (YoY)	0.19%	0.39%	4.54%	5.99%	12.38%	3.63%
EPS (Basic)	-0.54	0.14	0.56	0.12	0.03	1.84
EPS (Diluted)	-0.54	0.14	0.56	0.12	0.03	1.70
EPS Growth	-	-74.91%	364.93%	350.43%	-98.43%	91.01%
Free Cash Flow	37.8	31.69	32.57	1.02	32.72	33.42
Free Cash Flow Per Share	1.79	1.50	1.55	0.05	1.72	1.98
Dividend Per Share	0.600	0.600	0.600	0.600	0.600	0.600
Profit Margin	-14.24%	3.95%	14.96%	3.99%	0.84%	38.60%
Free Cash Flow Margin	47.41%	41.82%	41.48%	1.64%	54.97%	44.73%
EBITDA	57.98	53.89	57.21	43.98	42.65	56.89
EBITDA Margin	72.70%	71.11%	72.86%	70.26%	71.66%	76.13%
D&A For EBITDA	29.68	29.16	29.17	25.59	26.16	24.45
EBIT	28.3	24.73	28.04	18.4	16.49	32.44
EBIT Margin	35.48%	32.63%	35.71%	29.39%	27.70%	43.41%
Effective Tax Rate	-	-	-	-	87.73%	25.94%

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