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Polaris Renewable Energy Inc (PIF.TO)

Polaris Renewable Energy Inc (PIF.TO)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. The company has six reportable operating segments: 1) Nicaragua: It includes acquisition, exploration, development and operation of a geothermal project, 2) Peru: It includes acquisition, development and operation of hydroelectric projects, 3) Panama: It includes acquisition, development and operation of solar projects, 4) Dominican Republic: It includes acquisition, development and operation of solar projects, 5) Puerto Rico: It includes acquisition, development and operation of onshore wind farms, 6) Ecuador: It includes acquisition and operation of hydroelectric projects. The majority of revenue is derived from Nicaragua.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 80,480 75,773 78,522 62,600 59,517
Sales Growth +6.21% -3.50% +25.43% +5.18% -20.35%
Net Income -2,746 2,990 11,744 2,499 501
Net Income Growth -191.84% -74.54% +369.95% +398.80% -98.26%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 535,569 662,105 519,400 535,102 502,700
Total Assets Growth -19.11% +27.48% -2.93% +6.45% +2.36%
Total Liabilities 292,692 402,579 249,468 264,890 241,876
Total Liabilities Growth -27.30% +61.38% -5.82% +9.51% -8.50%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 35,243 35,054 43,960 33,506 41,129
Operating Cash Flow Growth +0.54% -20.26% +31.20% -18.53% +2.03%
Net Cash Flow -124,796 173,252 4,870 -62,613 37,874
Change in Net Cash Flow -172.03% +3,457.54% +107.78% -265.32% +37.88%
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