Polar Petroleum Corp. POLR
Finances
| 2013 | 2012 | |
|---|---|---|
| Revenue | 0.000 | 0.000 |
| Net income | -375.442 -615.99 % | -52.437 |
| Income before tax | -375.442 -615.99 % | -52.437 |
| Income before tax ratio | 0.00 | 0.00 |
| EBITDA | -374.141 -3 635.43 % | -10.016 |
| Net income ratio | 0.00 | 0.00 |
| Ratio EBITDA | 0.00 | 0.00 |
| Gross profit ratio | 0.00 | 0.00 |
| Weighted average shs out dil | 37.957 K 45.28 % | 26.127 K |
| Weighted average shs out | 37.957 K 45.32 % | 26.120 K |
| EPS diluted | -0.01 -395.00 % | 0.00 |
| Earnings per share | -0.01 -395.00 % | 0.00 |
| Gross profit | 0.000 | 0.000 |
| Income tax expense | 0.000 100.00 % | -10.016 |
| Cost of revenue | 0.000 | 0.000 |
| General and administrative expenses | 95.239 150.10 % | 38.080 |
| Selling and marketing expenses | 279.368 7 960.24 % | 3.466 |
| Other expenses | 0.000 | 0.000 |
| Operating expenses | 374.099 613.64 % | 52.421 |
| Cost and expenses | 374.099 613.64 % | 52.421 |
| Research and development expenses | 0.000 | 0.000 |
| Selling general and administrative expenses | 374.607 801.67 % | 41.546 |
| Interest income | 1.343 8 293.75 % | 0.016 |
| Interest expense | 0.000 | 0.000 |
| Depreciation and amortization | 0.666 -98.43 % | 42.421 |
| Operating income | -374.807 -783.54 % | -42.421 |
| Operating income ratio | 0.00 | 0.00 |
| Total other income expenses net | -0.835 91.66 % | -10.016 |
| 2013 | 2012 |
| 2013 | 2012 | |
|---|---|---|
| Net debt | -2.274 | 0.000 |
| Total investments | 0.000 | 0.000 |
| Total debt | 0.000 | 0.000 |
| Accumulated other comprehensive income loss | 0.000 | 0.000 |
| Retained earnings | -428.879 -702.59 % | -53.437 |
| Common stock | 43.228 27.46 % | 33.915 |
| Total equity | 287.571 8 346.95 % | -3.487 |
| Other non current liabilities | 0.000 | 0.000 |
| Long term debt | 500.000 | 0.000 |
| Total non current liabilities | 500.000 | 0.000 |
| Other current liabilities | 535.927 142 813.87 % | 0.375 |
| Deferred revenue | 0.000 | 0.000 |
| Short term debt | 0.000 | 0.000 |
| Total current liabilities | 564.822 16 097.94 % | 3.487 |
| Total liabilities | 1.065 K 30 436.91 % | 3.487 |
| Other non current assets | -1.340 K | 0.000 |
| Long term investments | 0.000 | 0.000 |
| Intangible assets | 58.665 | 0.000 |
| GoodWill | 0.000 | 0.000 |
| Goodwill and intangible assets | 58.665 | 0.000 |
| Property plant equipment net | 1.281 K | 0.000 |
| Total non current assets | 1.340 K | 0.000 |
| Other current assets | 10.230 | 0.000 |
| Short term investments | 0.000 | 0.000 |
| cash and cash equivalents | 2.274 | 0.000 |
| Cash and short term investments | 2.274 | 0.000 |
| Total current assets | 12.504 | 0.000 |
| Inventory | 0.000 | 0.000 |
| Net receivables | 0.000 | 0.000 |
| Tax assets | 0.000 | 0.000 |
| Other assets | 0.000 | 0.000 |
| Account payables | 28.895 | 0.000 |
| Tax payables | 0.000 | 0.000 |
| Deferred revenue non current | 0.000 | 0.000 |
| Minority interest | 0.000 | 0.000 |
| Capital lease obligations | 0.000 | 0.000 |
| Preferred stock | 0.000 | 0.000 |
| Other total stockholders equity | 716.406 K 4 467 665.65 % | 16.035 |
| Deferred tax liabilities non current | 0.000 | 0.000 |
| Other liabilities | 0.000 | 0.000 |
| Total assets | 1.352 K | 0.000 |
| 2013 | 2012 |
| 2013 | 2012 | |
|---|---|---|
| Deferred income tax | 0.000 | 0.000 |
| Stock based compensation | 176.500 11 666.67 % | 1.500 |
| Change in working capital | 0.000 | 0.000 |
| Accounts receivables | 0.000 | 0.000 |
| Inventory | 0.000 | 0.000 |
| Accounts payables | 0.000 | 0.000 |
| Other working capital | 0.000 | 0.000 |
| Other non cash items | 15.553 399.78 % | 3.112 |
| Net cash provided by operating activities | -182.723 -282.07 % | -47.825 |
| Investments in property plant and equipment | -306.890 | 0.000 |
| Acquisitions net | 0.000 | 0.000 |
| Purchases of investments | 0.000 | 0.000 |
| Sales maturities of investments | 0.000 | 0.000 |
| Other investing activites | -58.665 | 0.000 |
| Net cash used for investing activites | -365.555 | 0.000 |
| Debt repayment | 0.000 | 0.000 |
| Common stock issued | 0.000 | 0.000 |
| Common stock repurchased | 0.000 | 0.000 |
| Dividends paid | 0.000 | 0.000 |
| Other financing activites | 550.552 1 809.98 % | 28.825 |
| Net cash used provided by financing activities | 550.552 1 809.98 % | 28.825 |
| Effect of forex changes on cash | 0.000 | 0.000 |
| Net change in cash | 2.274 111.97 % | -19.000 |
| Cash at beginning of period | 0.000 | 0.000 |
| Cash at end of period | 2.274 111.97 % | -19.000 |
| Operating cash flow | -182.723 -282.07 % | -47.825 |
| Capital expenditure | -306.890 | 0.000 |
| Free CashFlow | -489.613 -923.76 % | -47.825 |
| 2013 | 2012 |
| 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | |
|---|---|---|---|---|---|---|---|
| Revenue | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Net income | -212.254 33.09 % | -317.243 -114.63 % | -147.807 16.96 % | -177.997 -541.45 % | -27.749 -89.65 % | -14.632 10.00 % | -16.257 |
| Income before tax | -212.254 33.09 % | -317.243 -114.63 % | -147.807 16.96 % | -177.997 -541.45 % | -27.749 -89.65 % | -14.632 10.00 % | -16.257 |
| Income before tax ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -169.080 0.00 % | -169.080 45.46 % | -309.983 -110.34 % | -147.370 -432.44 % | -27.678 -92 160.00 % | -0.030 99.70 % | -10.016 |
| Net income ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Ratio EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross profit ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted average shs out dil | 43.727 K 0.66 % | 43.440 K 1.01 % | 43.004 K 4.81 % | 41.032 K 123.88 % | 18.328 K -46.01 % | 33.948 K 0.24 % | 33.868 K |
| Weighted average shs out | 43.719 K 0.66 % | 43.434 K 1.03 % | 42.993 K 4.78 % | 41.031 K 123.90 % | 18.326 K -45.96 % | 33.915 K 0.17 % | 33.858 K |
| EPS diluted | 0.00 32.88 % | -0.01 -114.71 % | 0.00 20.93 % | 0.00 -186.67 % | 0.00 -275.00 % | 0.00 20.00 % | 0.00 |
| Earnings per share | 0.00 32.88 % | -0.01 -114.71 % | 0.00 20.93 % | 0.00 -186.67 % | 0.00 -275.00 % | 0.00 20.00 % | 0.00 |
| Gross profit | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Income tax expense | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 100.00 % | -0.030 99.70 % | -10.016 |
| Cost of revenue | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| General and administrative expenses | 181.899 -42.30 % | 315.254 532.37 % | 49.853 87.90 % | 26.531 -4.39 % | 27.749 90.04 % | 14.602 169.61 % | 5.416 |
| Selling and marketing expenses | 0.000 | 0.000 -100.00 % | 97.899 -35.04 % | 150.716 | 0.000 | 0.000 -100.00 % | 0.450 |
| Other expenses | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Operating expenses | 182.048 -42.43 % | 316.232 115.06 % | 147.044 -17.13 % | 177.447 539.47 % | 27.749 90.04 % | 14.602 -10.09 % | 16.241 |
| Cost and expenses | 182.048 -42.43 % | 316.232 115.06 % | 147.044 -17.13 % | 177.447 539.47 % | 27.749 90.04 % | 14.602 -10.09 % | 16.241 |
| Research and development expenses | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Selling general and administrative expenses | 181.899 -42.30 % | 315.254 113.37 % | 147.752 -16.64 % | 177.247 538.75 % | 27.749 90.04 % | 14.602 148.93 % | 5.866 |
| Interest income | 30.206 2 887.73 % | 1.011 32.50 % | 0.763 38.73 % | 0.550 | 0.000 -100.00 % | 0.030 87.50 % | 0.016 |
| Interest expense | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Depreciation and amortization | 12.819 143.20 % | 5.271 1 279.84 % | 0.382 169.01 % | 0.142 100.00 % | 0.071 -99.51 % | 14.602 133.97 % | 6.241 |
| Operating income | -181.899 42.30 % | -315.254 -113.37 % | -147.752 16.73 % | -177.447 -539.47 % | -27.749 -90.04 % | -14.602 -133.97 % | -6.241 |
| Operating income ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total other income expenses net | -30.355 -129.47 % | 103.000 187 372.73 % | -0.055 90.00 % | -0.550 | 0.000 100.00 % | -0.030 98.19 % | -1.655 |
| 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 |
| 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | |
|---|---|---|---|---|---|---|---|
| Net debt | -1.475 97.45 % | -57.841 -2 443.58 % | -2.274 98.18 % | -125.161 | 0.000 | 0.000 | 0.000 |
| Total investments | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Total debt | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Accumulated other comprehensive income loss | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Retained earnings | -958.376 -28.45 % | -746.122 -73.97 % | -428.879 -52.59 % | -281.072 -172.68 % | -103.076 -51.43 % | -68.069 -27.38 % | -53.437 |
| Common stock | 43.863 0.56 % | 43.618 0.90 % | 43.228 0.64 % | 42.953 26.65 % | 33.915 600.00 % | 4.845 -85.71 % | 33.915 |
| Total equity | 551.274 -3.17 % | 569.328 97.98 % | 287.571 22.96 % | 233.878 540.23 % | -53.126 -193.21 % | -18.119 -419.62 % | -3.487 |
| Other non current liabilities | -74.441 -109.02 % | 825.559 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Long term debt | 74.441 0.00 % | 74.441 -85.11 % | 500.000 -16.67 % | 600.000 | 0.000 | 0.000 | 0.000 |
| Total non current liabilities | 74.441 -91.73 % | 900.000 80.00 % | 500.000 -16.67 % | 600.000 | 0.000 | 0.000 | 0.000 |
| Other current liabilities | 1.944 K -0.66 % | 1.957 K 69.37 % | 1.156 K 99.72 % | 578.596 1 142.64 % | 46.562 643.80 % | 6.260 1 569.33 % | 0.375 |
| Deferred revenue | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Short term debt | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Total current liabilities | 1.988 K 67.85 % | 1.184 K 109.71 % | 564.822 -3.05 % | 582.584 965.19 % | 54.693 201.85 % | 18.119 419.62 % | 3.487 |
| Total liabilities | 2.063 K -1.05 % | 2.084 K 95.76 % | 1.065 K -9.96 % | 1.183 K 2 062.22 % | 54.693 201.85 % | 18.119 419.62 % | 3.487 |
| Other non current assets | -2.592 K -0.69 % | -2.574 K -92.14 % | -1.340 K -5.58 % | -1.269 K -80 887.75 % | -1.567 | 0.000 | 0.000 |
| Long term investments | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Intangible assets | 0.000 | 0.000 -100.00 % | 58.665 | 0.000 | 0.000 | 0.000 | 0.000 |
| GoodWill | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Goodwill and intangible assets | 0.000 | 0.000 -100.00 % | 58.665 | 0.000 | 0.000 | 0.000 | 0.000 |
| Property plant equipment net | 2.592 K 0.69 % | 2.574 K 100.93 % | 1.281 K 0.96 % | 1.269 K 80 887.75 % | 1.567 | 0.000 | 0.000 |
| Total non current assets | 2.592 K 0.69 % | 2.574 K 92.14 % | 1.340 K 5.58 % | 1.269 K 80 887.75 % | 1.567 | 0.000 | 0.000 |
| Other current assets | 20.233 -51.58 % | 41.789 93.86 % | 21.556 -33.58 % | 32.453 | 0.000 | 0.000 | 0.000 |
| Short term investments | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| cash and cash equivalents | 1.475 -97.45 % | 57.841 2 443.58 % | 2.274 -98.18 % | 125.161 | 0.000 | 0.000 | 0.000 |
| Cash and short term investments | 1.475 -97.45 % | 57.841 2 443.58 % | 2.274 -98.18 % | 125.161 | 0.000 | 0.000 | 0.000 |
| Total current assets | 21.708 -72.66 % | 79.397 534.97 % | 12.504 -91.52 % | 147.384 | 0.000 | 0.000 | 0.000 |
| Inventory | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Net receivables | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Tax assets | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other assets | 0.000 0.00 % | 0.000 | 0.000 -100.00 % | 0.000 | 0.000 | 0.000 | 0.000 |
| Account payables | 43.878 42.09 % | 30.881 6.87 % | 28.895 624.55 % | 3.988 -50.95 % | 8.131 -31.44 % | 11.859 281.07 % | 3.112 |
| Tax payables | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Deferred revenue non current | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Minority interest | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Capital lease obligations | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Preferred stock | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other total stockholders equity | 1.466 K -1.23 % | 1.484 K 49.84 % | 990.465 59.80 % | 619.804 3 765.32 % | 16.035 -64.45 % | 45.105 181.29 % | 16.035 |
| Deferred tax liabilities non current | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other liabilities | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Total assets | 2.614 K -1.51 % | 2.654 K 96.23 % | 1.352 K -4.52 % | 1.416 K 90 293.24 % | 1.567 | 0.000 | 0.000 |
| 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 |
| 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | |
|---|---|---|---|---|---|---|---|
| Deferred income tax | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Stock based compensation | 82.950 -16.21 % | 99.000 29.41 % | 76.500 | 0.000 | 0.000 | 0.000 -100.00 % | 1.500 |
| Change in working capital | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Accounts receivables | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Inventory | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Accounts payables | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other working capital | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other non cash items | -91.906 -168.93 % | 133.327 261.32 % | 36.900 -49.89 % | 73.635 536.46 % | -16.871 -215.30 % | 14.632 1 221.77 % | 1.107 |
| Net cash provided by operating activities | -208.391 -161.65 % | -79.645 -134.08 % | -34.025 67.35 % | -104.220 -134.32 % | -44.478 | 0.000 100.00 % | -13.650 |
| Investments in property plant and equipment | -22.975 83.56 % | -139.788 -1.64 % | -137.528 17.97 % | -167.653 -9 710.01 % | -1.709 | 0.000 | 0.000 |
| Acquisitions net | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Purchases of investments | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Sales maturities of investments | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other investing activites | 0.000 | 0.000 100.00 % | -58.665 | 0.000 | 0.000 | 0.000 | 0.000 |
| Net cash used for investing activites | -22.975 83.56 % | -139.788 28.75 % | -196.193 -17.02 % | -167.653 -9 710.01 % | -1.709 | 0.000 | 0.000 |
| Debt repayment | 0.000 | 0.000 100.00 % | -225.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Common stock issued | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Common stock repurchased | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Dividends paid | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Other financing activites | 175.000 -36.36 % | 275.000 -45.00 % | 500.000 25.93 % | 397.034 759.62 % | 46.187 | 0.000 -100.00 % | 0.375 |
| Net cash used provided by financing activities | 175.000 -36.36 % | 275.000 156.22 % | 107.331 -72.97 % | 397.034 759.62 % | 46.187 | 0.000 -100.00 % | 0.375 |
| Effect of forex changes on cash | 0.000 50.00 % | 0.000 -150.00 % | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Net change in cash | -56.366 -201.44 % | 55.567 145.22 % | -122.887 -198.18 % | 125.161 | 0.000 | 0.000 100.00 % | -13.275 |
| Cash at beginning of period | 57.841 2 443.58 % | 2.274 -98.18 % | 125.161 | 0.000 | 0.000 | 0.000 | 0.000 |
| Cash at end of period | 1.475 -97.45 % | 57.841 2 443.58 % | 2.274 -98.18 % | 125.161 | 0.000 | 0.000 100.00 % | -13.275 |
| Operating cash flow | -208.391 -161.65 % | -79.645 -134.08 % | -34.025 67.35 % | -104.220 -134.32 % | -44.478 | 0.000 100.00 % | -13.650 |
| Capital expenditure | -22.975 83.56 % | -139.788 -1.64 % | -137.528 17.97 % | -167.653 -9 710.01 % | -1.709 | 0.000 | 0.000 |
| Free CashFlow | -231.366 -5.44 % | -219.433 -27.91 % | -171.553 36.90 % | -271.873 -488.64 % | -46.187 | 0.000 100.00 % | -13.650 |
| 2013 | 2013 | 2013 | 2012 | 2012 | 2012 | 2012 |