Polar Power, Inc. (POLA)

NASDAQ: POLA · Real-Time Price · USD
3.520
+0.690 (24.56%)
Dec 30, 2024, 12:58 PM EST - Market open
24.56%
Market Cap 8.83M
Revenue (ttm) 14.95M
Net Income (ttm) -4.78M
Shares Out 2.51M
EPS (ttm) -2.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 672,756
Open 3.040
Previous Close 2.830
Day's Range 2.740 - 4.380
52-Week Range 2.240 - 4.900
Beta 0.96
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About POLA

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. It serves customers in the telecommunications, military, commercial, industrial, and marine markets. In addition, the company sells its products through a di... [Read more]

Sector Industrials
IPO Date Dec 7, 2016
Employees 87
Stock Exchange NASDAQ
Ticker Symbol POLA
Full Company Profile

Financial Performance

In 2023, Polar Power's revenue was $15.29 million, a decrease of -4.75% compared to the previous year's $16.06 million. Losses were -$6.55 million, 17.3% more than in 2022.

Financial Statements

News

Polar Power Announces Reverse Stock Split

GARDENA, CA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions, today announced that i...

6 weeks ago - GlobeNewsWire

Polar Power Announces Preliminary 2024 Third Quarter Financial Results: Expected Net Sales of $4.7 - $5.2 Million and Gross Margin of 26%-32%

GARDENA, CA, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, today announces ...

2 months ago - GlobeNewsWire

Polar Power Announces Participation in the LD Micro Main Event XVII

Presentation on Tuesday, October 29th at 0430 PM PT Gardena, California--(Newsfile Corp. - October 16, 2024) - Polar Power (NASDAQ: POLA), a global provider of prime, backup, solar hybrid power, and m...

2 months ago - Newsfile Corp

Polar Power Announces Preliminary Second Quarter 2024 Corporate and Financial Update

Anticipated sales in range of $4.5-$5.0 million, backlog of approximately $5.5 million as of June 30, 2024

6 months ago - GlobeNewsWire

U.K. Top 40 Quality Dividend Stocks: Summer 2024

Unfortunately, UK investors have had to suffer weak or negative capital gains in recent years to get those high yields. The good news is that the UK remains an attractive market for dividend investors...

Other symbols: AZNBTIDEONGGRELXSNNUL
6 months ago - Seeking Alpha

Polar Power Reports First Quarter 2024 Financial Results

GARDENA, CA, May 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its fi...

8 months ago - GlobeNewsWire

Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results

GARDENA, CA, April 01, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its ...

9 months ago - GlobeNewsWire

Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024

Additional $2.5 Million in New Bookings includes International Military and Telecom Customers Choosing Polar Power's Unique Power Technology Platforms

10 months ago - GlobeNewsWire

Polar Power to Participate in 36th Annual Roth Conference March 17-19, 2024

GARDENA, CA, March 07, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces it wi...

10 months ago - GlobeNewsWire

United Nations High Commissioner for Refugees Awards Polar Power Initial Contract to Assure Uninterrupted Quality Electric Power for African Offices

Pilot program designed to showcase the provision of reliable, easily maintained, and cost-effective electric power in bad or no grid locations

1 year ago - GlobeNewsWire

Polar Power, Inc. Announces Closing of Public Offering

Gardena, CA, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (Nasdaq: POLA) (“Polar Power” or the “Company”), a technology company that designs, manufactures and sells direct current, or DC, power...

1 year ago - GlobeNewsWire

Top 4 Industrials Stocks That May Explode This Month - Nauticus Robotics (NASDAQ:KITT), Fathom Digital Mfg (NYSE:FATH)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: FATHKITTNXU
1 year ago - Benzinga

Polar Power, Inc. Announces Pricing of Public Offering

Gardena, CA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), (“Polar Power” or the “Company”) today announced the pricing of its previously announced underwritten public offering o...

1 year ago - GlobeNewsWire

Polar Power, Inc. Announces Proposed Public Offering of Common Stock

Gardena, CA, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar Power” or the “Company”) today announced that it intends to offer to sell shares of its common stock (and/or pre...

1 year ago - GlobeNewsWire

POLAR POWER AWARDED FIRST PLACE FOR PRESENTATION AT THE GLOBAL TECHNOLOGY CONFERENCE DURING LPG WEEK 2023 IN ROME, ITALY

“NEW OPPORTUNITIES FOR LPG SOLAR HYBRID SYSTEMS IN TELECOM AND OTHER MARKETS (REPLACING DIESEL AND COAL)” NOW AVAILABLE TO THE PUBLIC AT POLARPOWER.COM

1 year ago - GlobeNewsWire

Polar Power Reports 12% Growth in Revenue During Third Quarter 2023 Financial Results

GARDENA, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported...

1 year ago - GlobeNewsWire

Polar Power, Inc., C.E.O. Arthur Sams, to Present at the 35th World LPG Forum Highlighting Cost and Environmental Benefits of Transitioning from Diesel to LPG in Multiple Markets

35th World LGP Forum, 2023 to be Held in Rome During LGP Week November 13-17 GARDENA, CA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” of the “Company”) (NASDAQ: POLA), a global ...

1 year ago - GlobeNewsWire

(Updated) Polar Power Announces New 27KW Summit Series Deliveries to Tier-1 Telecom Customers

Pent-up Demand for Higher Powered DC Generators Driving New Product Line Deliveries for Best-in-Class Form Factor, Lower Emissions, Cost, and Efficiency Benefits to 5G Cell Sites

1 year ago - GlobeNewsWire

Polar Power Inc. Engages CORE IR for Investor Relations and Shareholder Communications Services

CORE IR to Support Strategic Communications in Conjunction with Corporate Development Activities CORE IR to Support Strategic Communications in Conjunction with Corporate Development Activities

1 year ago - GlobeNewsWire

Polar Power Reports Second Quarter 2023 Financial Results

GARDENA, CA, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported...

1 year ago - GlobeNewsWire

Polar Power Reports First Quarter 2023 Financial Results

GARDENA, CA, May 15, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported ...

1 year ago - GlobeNewsWire

Polar Power Launches New Line of Mobile Electric Vehicle Chargers

GARDENA, CA, May 10, 2023 (GLOBE NEWSWIRE) -- Polar Power Inc. (“Polar” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today announced it is ...

1 year ago - GlobeNewsWire

Polar Power Reports Third Quarter 2022 Financial Results

GARDENA, CA, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported...

2 years ago - GlobeNewsWire

Polar Power Reports Second Quarter 2022 Financial Results

GARDENA, CA, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported...

2 years ago - GlobeNewsWire

Polar Power Reports First Quarter 2022 Financial Results

GARDENA, CA, May 16, 2022 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial res...

2 years ago - GlobeNewsWire