Polar Power, Inc. (POLA)

NASDAQ: POLA · IEX Real-Time Price · USD
0.380
-0.020 (-4.98%)
At close: Feb 27, 2024, 3:51 PM
0.390
+0.010 (2.60%)
After-hours: Feb 27, 2024, 7:43 PM EST
-4.98%
Market Cap 6.67M
Revenue (ttm) 18.05M
Net Income (ttm) -4.74M
Shares Out 17.56M
EPS (ttm) -0.36
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 56,205
Open 0.382
Previous Close 0.400
Day's Range 0.380 - 0.395
52-Week Range 0.320 - 1.880
Beta 0.79
Analysts n/a
Price Target n/a
Earnings Date Apr 1, 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 113
Stock Exchange NASDAQ
Ticker Symbol POLA
Full Company Profile

Financial Performance

In 2022, Polar Power's revenue was $16.06 million, a decrease of -4.97% compared to the previous year's $16.90 million. Losses were -$5.58 million, 294.9% more than in 2021.

Financial Statements

News

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

2 months 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...

3 months 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
3 months 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...

3 months 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...

3 months 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

3 months 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...

3 months 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 ...

3 months 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

4 months 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

4 months 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...

7 months 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 ...

10 months 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 ...

10 months 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...

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire

Polar Power Reports Third Quarter 2021 Financial Results

GARDENA, CA, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid power solutions for telecommunications, military, and marine and wh...

2 years ago - GlobeNewsWire

Polar Power Announces $2.8 Million Private Placement

GARDENA, Calif., July 02, 2020 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid power solutions, today announced that it has entered into def...

3 years ago - GlobeNewsWire

Polar Power Achieves Key Milestone in Its Solar Hybrid Systems and DC Generators for Telecom, Residential and Commercial with EPA Certification of its Toyota 1KS Natural Gas / LPG Engine

GARDENA, Calif., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions announced it has received certification fr...

4 years ago - GlobeNewsWire

Penny Stocks to Watch for December 2019

Some penny stocks may prove strong enough to navigate a recession safely and perhaps flourish because of the tough circumstances.

Other symbols: AEG
4 years ago - Investopedia

Polar Power to Present at the 8th Annual Gateway Conference on September 4, 2019

GARDENA, Calif., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid solutions, has been invited to present at the 8th Annual Gate...

4 years ago - GlobeNewsWire

Polar Power Announces Share Repurchase Program

GARDENA, Calif., Aug. 28, 2019 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, announced that its Board of Directors h...

4 years ago - GlobeNewsWire