GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polar Power Inc (NAS:POLA) » Definitions » Revenue

Polar Power (Polar Power) Revenue : $15.29 Mil (TTM As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Polar Power Revenue?

Polar Power's revenue for the three months ended in Dec. 2023 was $3.61 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $15.29 Mil. Polar Power's Revenue per Share for the three months ended in Dec. 2023 was $0.25. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.16.

Warning Sign:

Polar Power Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Polar Power was -7.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 11.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was -13.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 10 years, Polar Power's highest 3-Year average Revenue per Share Growth Rate was 50.20% per year. The lowest was -20.10% per year. And the median was -6.70% per year.


Polar Power Revenue Historical Data

The historical data trend for Polar Power's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polar Power Revenue Chart

Polar Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.80 9.03 16.90 16.06 15.29

Polar Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.37 4.19 5.59 1.91 3.61

Competitive Comparison of Polar Power's Revenue

For the Electrical Equipment & Parts subindustry, Polar Power's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Polar Power's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polar Power's Revenue distribution charts can be found below:

* The bar in red indicates where Polar Power's Revenue falls into.



Polar Power Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.29 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Polar Power  (NAS:POLA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Polar Power Revenue Related Terms

Thank you for viewing the detailed overview of Polar Power's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Polar Power (Polar Power) Business Description

Traded in Other Exchanges
Address
249 East Gardena Boulevard, Gardena, CA, USA, 90248
Polar Power Inc is engaged in designing, manufacture, and sell DC power generators, renewable energy and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.
Executives
Keith Albrecht director 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Arthur D. Sams director, 10 percent owner, officer: President, CEO, Secretary 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Rajesh Masina officer: Chief Operating Officer 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Luis Zavala officer: Chief Financial Officer 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Peter Gross director 249 E. GARDENA BLVD., GARDENA CA 90248
Matthew Goldman director 249 E. GARDENA BOULEVARD, GARDENA CA 90248

Polar Power (Polar Power) Headlines

From GuruFocus

Polar Power Launches New Line of Mobile Electric Vehicle Chargers

By GlobeNewswire GlobeNewswire 05-10-2023