Polar Power, Inc. / Fundamentals

    Income statement

    Net revenue
    €10.33M
    Cost of goods sold
    €9.35M
    Gross profit
    €978.68K
    SG&A expenses
    €3.92M
    R&D expenses
    €572.19K
    EBITDA
    -€3.34M
    D&A
    €54.37K
    EBIT
    -€3.51M
    Interest expenses
    €270.13K
    EBT
    -€3.95M
    Tax expenses
    €56.96K
    Net income
    -€3.95M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €1.49M
    Changes in working capital
    €1.05M
    Operating cash flow
    -€1.69M
    Capex
    -€14.67K
    Other investing cash flow
    €0.00
    Net investing cash flow
    -€863.04
    Total cash dividends paid
    €0.00
    Issuance of common stock
    €6.90K
    Debt repayment
    €110.47K
    Other financing cash flow
    €768.10K
    Net financing cash flow
    €877.71K
    Foreign exchange effects
    €0.00
    Net change in cash
    -€814.71K
    Cash at end of period
    €151.03K
    Free cash flow
    -€1.71M

    Balance sheet

    Cash and cash equivalents
    €151.03K
    Cash and short-term investments
    €151.03K
    Total receivables
    €1.75M
    Inventory
    €11.21M
    Other current assets
    €36.25K
    Total current assets
    €13.15M
    Property, plant & equipment
    €1.03M
    Goodwill
    €0.00
    Intangible assets
    €0.00
    Long-term investments
    €0.00
    Other non-current assets
    €93.21K
    Total non-current assets
    €1.13M
    Total assets
    €14.28M
    Accounts payable
    €740.49K
    Short-term debt
    €5.91M
    Other current liabilities
    €983.00K
    Total current liabilities
    €8.19M
    Long-term debt
    €65.59K
    Deferred tax liabilities
    €0.00
    Other non-current liabilities
    €0.00
    Total non-current liabilities
    €65.59K
    Total liabilities
    €8.25M
    Common stock
    €0.00
    Retained earnings
    -€27.51M
    Other equity
    €0.00
    Total equity
    €6.03M
    Total liabilities and shareholders' equity
    €14.28M

    Company information

    Market capitalization
    €3.70M
    Employees
    82
    Enterprise Value
    €11.06M

    Company ratios

    Gross margin
    9.5% Much worse than peer group: 1,415.6%
    EBITDA margin
    -32.3% Much better than peer group: -9,337.4%
    EBIT margin
    -34.0% Much better than peer group: -9,580.2%
    EBT margin
    -38.2% Much better than peer group: -2,434.0%
    Net margin
    -38.2% Much better than peer group: -9,265.1%
    ROE
    -65.5% Much better than peer group: -5,050.7%
    ROA
    -27.6% Much better than peer group: -6,679.9%
    Asset turnover
    72.3% Much worse than peer group: 2,061.4%
    FCF margin
    -16.2% Much better than peer group: -1,521.9%
    FCF yield
    -45.3%
    Efficiency ratio
    132.3%
    Net sales per employee
    €125.95K
    Net income per employee
    -€48.12K

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