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%
Fuel and Purchased Power Expense	16.28	13.75	13.66	11.66	10.7
Operations and Maintenance Expenses	8.03	8.09	7.88	7.59	6.83
Gross Profit	56.18	53.94	56.99	43.36	41.99
Depreciation & Amortization Expenses	29.96	29.21	28.95	25.75	26.07
Other Operating Expenses	2.19	5.28	-	-	-
Operating Income	24.03	19.45	28.04	17.61	15.92
Interest Income	6.52	2.86	1.89	0.68	0.37
Interest Expense	-33.47	-21.88	-21.93	-19.48	-16.96
Other Non-Operating Income (Expense)	-1.02	0.42	-1.64	2.16	5.09
Total Non-Operating Income (Expense)	-27.97	-18.6	-21.68	-16.64	-11.5
Pretax Income	-3.94	0.85	6.37	0.97	4.42
Provision for Income Taxes	-1.13	-1.33	-5.43	-1.46	3.88
Net Income	-2.75	2.99	11.74	2.5	0.5
Minority Interest in Earnings	-0.07	-0.81	0.06	-0.07	0.04
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%	12.11%
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	-	-75.00%	366.67%	300.00%	-98.23%
Shares Outstanding	20.9	21.06	21.06	21.03	19.53
Free Cash Flow	34.47	31.69	32.57	1.02	32.72
Free Cash Flow Growth	8.78%	-2.71%	3080.96%	-96.87%	-2.11%
Free Cash Flow Per Share	1.63	1.50	1.55	0.05	1.72
Dividends Per Share	0.600	0.600	0.600	0.600	0.600
Gross Margin	69.80%	71.18%	72.58%	69.26%	70.55%
Operating Margin	29.86%	25.67%	35.71%	28.13%	26.75%
Profit Margin	-3.50%	2.88%	15.03%	3.89%	0.91%
FCF Margin	42.83%	41.82%	41.48%	1.64%	54.97%
EBITDA	54.28	48.89	57.21	43.2	42.3
EBITDA Margin	67.44%	64.52%	72.86%	69.01%	71.07%
EBIT	24.03	19.45	28.04	17.61	15.92
EBIT Margin	29.86%	25.67%	35.71%	28.13%	26.75%
Effective Tax Rate	28.57%	-157.26%	-85.37%	-151.08%	87.73%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.