Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results [Yahoo! Finance]
Polar Power, Inc. (POLA)
Last polar power, inc. earnings: 11/12 04:05 pm
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US:NASDAQ Investor Relations:
ir.polarpower.com/investors/investor-overview/default.aspx
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Source: Yahoo! Finance
solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2023. 2023 Financial Highlights Net sales in 2023 were $15.3 million compared to $16.1 million in 2022 Gross profit for 2023 was $0.7 million compared to $2.1 million in 2022 Operating expenses for 2023 were $6.7 million compared to $7.7 million in 2022 Net loss was $6.5 million in 2023, or $(0.49) per basic and diluted share, compared to a net loss of $5.6 million, or $(0.43) per basic and diluted share in 2022 Working capital of $11.8 million as of December 31, 2023 consisted of approximately $550,000 in cash and cash equivalents and $16.5 million in inventory; Working capital of $17.4 million as of December 31, 2022 consisted of approximately $211,000 in cash and cash equivalents and inventory of approximately $15.5 million Total liquidity of $1.0 million consisting of cash and availability under the line of credit at December 31, 2023 Backlog at Dece
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POLA
News
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Polar Power Reports Full Year and Fourth Quarter 2023 Financial ResultsGlobeNewswire
- Polar Power, Inc. (NASDAQ: POLA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
POLA
Sec Filings
- 4/1/24 - Form 8-K
- 4/1/24 - Form 10-K
- 2/13/24 - Form SC
- POLA's page on the SEC website