Polaris Renewable Energy Inc.

Toronto Stock Exchange PIF.TO

Polaris Renewable Energy Inc. EBIT Margin for the year ending December 31, 2023: 35.71%

Polaris Renewable Energy Inc. EBIT Margin is 35.71% for the year ending December 31, 2023, a 13.79% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Polaris Renewable Energy Inc. EBIT Margin for the year ending December 31, 2022 was 31.38%, a -3.25% change year over year.
Polaris Renewable Energy Inc. EBIT Margin for the year ending December 31, 2021 was 32.44%, a -54.98% change year over year.
Polaris Renewable Energy Inc. EBIT Margin for the year ending December 31, 2020 was 72.06%, a 99.46% change year over year.
Polaris Renewable Energy Inc. EBIT Margin for the year ending December 31, 2019 was 36.13%, a -26.97% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

Toronto Stock Exchange: PIF.TO

Polaris Renewable Energy Inc.

CEO	Mr. Marc Murnaghan
IPO Date	Jan. 19, 2007
Location	Canada
Headquarters	7 St. Thomas Street
Employees	235
Sector	Utilities
Industries Renewables Geothermal Energy Hydro Energy

Description

Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is based in Toronto, Canada.

Key trends

Past 5 years