In terms of net loss, 2021 was Polestar's worst year, observing losses of about one billion U.S. dollars. This represents a doubling of net loss from the previous year and the next, although on June 24th 2022, Polestar was listed on the Nasdaq in New York. This makes the net loss figures not quite representative of the actual net profit/loss due to direct revenue and costs.
As of the end of their 2022 fiscal year, Polestar has seen a total of nearly 2.5 billion U.S. dollars earned. The electric vehicle company has seen rapid growth over the past few years with their total revenue nearly doubling every year.
Annual net income/loss of Polestar for the fiscal years 2020 to 2022
(in thousand U.S. dollars)
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Polestar. (April 14, 2023). Annual net income/loss of Polestar for the fiscal years 2020 to 2022 (in thousand U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1446342/polestar-annual-net-income-loss/
Polestar. "Annual net income/loss of Polestar for the fiscal years 2020 to 2022 (in thousand U.S. dollars)." Chart. April 14, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1446342/polestar-annual-net-income-loss/
Polestar. (2023). Annual net income/loss of Polestar for the fiscal years 2020 to 2022 (in thousand U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1446342/polestar-annual-net-income-loss/
Polestar. "Annual Net Income/Loss of Polestar for The Fiscal Years 2020 to 2022 (in Thousand U.S. Dollars)." Statista, Statista Inc., 14 Apr 2023, https://www.statista.com/statistics/1446342/polestar-annual-net-income-loss/
Polestar, Annual net income/loss of Polestar for the fiscal years 2020 to 2022 (in thousand U.S. dollars) Statista, https://www.statista.com/statistics/1446342/polestar-annual-net-income-loss/ (last visited November 22, 2024)
Annual net income/loss of Polestar for the fiscal years 2020 to 2022 (in thousand U.S. dollars) [Graph], Polestar, April 14, 2023. [Online]. Available: https://www.statista.com/statistics/1446342/polestar-annual-net-income-loss/
