Business
Polar Power Reports Full Year and Fourth Quarter 2024 Financial Results
GARDENA, CA, April 01, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2024. 2024 Financial Highlights Sales of $14 million represent a 6.7% decline from 2023Gross profit increased 89% to $1.3 million, or 9.4% of sales, compared with $695,000, or 4.5% of sales, in 2023Operating expenses declined $1
About this update from Polar Power, Inc.
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