Polar Power (NASDAQ:POLA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$4.91m (up 157% from 3Q 2023).
• Net income: US$13.0k (up from US$1.84m loss in 3Q 2023).
• Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.005 (up from US$1.00 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Polar Power shares are down 9.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Polar Power (3 can't be ignored!) that we have uncovered.

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