Polaris Renewable Energy Inc. (TSX:PIF)

Polaris Renewable Energy Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	39.7	80.48	75.77	78.52	62.6	59.52
Revenue Growth	-5.31%	6.21%	-3.50%	25.44%	5.18%	-20.35%
Gross Profit Gross Profit Growth	13.81	56.18	53.94	56.99	43.36	41.99
Operating Income Operating Income Growth	19.67	24.03	19.45	28.04	17.61	15.92
Net Income Net Income Growth	4.01	-2.75	2.99	11.74	2.5	0.5
Earnings Per Share EPS Growth	0.19	-0.13	0.14	0.56	0.12	0.03
EPS Growth	-	-	-75.00%	366.67%	300.00%	-98.23%

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Corporate Corporate Growth	0.04	0.05	0	-	-0	-
Nicaragua Nicaragua Growth	47.33	49.77	52.15	55.5	48.84	51.81
Peru Peru Growth	12.88	12.24	11.02	11.26	8.47	7.67
Dominican Republic Dominican Republic Growth	6.4	7.8	7.86	7.27	3.67	-
Puerto Rico Puerto Rico Growth	7.49	6.27	-	-	-	-
Ecuador Ecuador Growth	2.93	3.19	2.69	2.86	0.74	-
Panama Panama Growth	1.2	1.18	2.05	1.63	-	-
Total Total Growth	78.25	80.48	75.77	78.52	61.72	59.48

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	94.22	88.62	213.31	40.05	35.33	97.93
Total Debt Total Debt Growth	219.35	219.87	330.93	175.12	187.33	170.99
Net Cash (Debt) Net Cash Growth	-125.13	-131.25	-117.62	-135.07	-152	-73.06
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-5.97	-6.21	-5.56	-6.41	-7.54	-3.84

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	33.73	35.24	35.05	43.96	33.51	41.13
Capital Expenditures CapEx Growth	-0.91	-0.77	-3.36	-11.39	-32.48	-8.41
Free Cash Flow Free Cash Flow Growth	32.82	34.47	31.69	32.57	1.02	32.72
Free Cash Flow Growth	-0.24%	8.78%	-2.71%	3080.96%	-96.87%	-2.11%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	34.79%	69.80%	71.18%	72.58%	69.26%	70.55%
Operating Margin	49.55%	29.86%	25.67%	35.71%	28.13%	26.75%
Pretax Margin	3.35%	-4.90%	1.12%	8.11%	1.55%	7.42%
Profit Margin	10.03%	-3.50%	2.88%	15.03%	3.89%	0.91%
FCF Margin	82.65%	42.83%	41.82%	41.48%	1.64%	54.97%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.836	0.600	0.600	0.600	0.600	0.600
Dividend Per Share Growth	-0.79%	0%	0%	0%	0%	0%
Dividend Yield	5.49%	6.97%	6.43%	6.01%	5.80%	4.44%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	55.39	-	66.35	17.81	86.41	444.65
Forward PE	93.47	26.28	21.55	16.07	23.60	45.94
P/FCF Ratio	6.72	5.21	6.17	6.45	212.92	7.96
PS Ratio	2.82	2.23	2.58	2.68	3.48	4.38

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error