Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues610m1.3b2.5b2.4b2.8b7.5b11.0b
% growth560 %119 %84 %(3 %)16 %171 %47 %
EBITDA(224m)(705m)(720m)(1.4b)(493m)298m859m
% EBITDA margin(37 %)(53 %)(29 %)(59 %)(18 %)4 %8 %
Profit(485m)(1.0b)(466m)(1.2b)(1.2b)(630m)(737m)
% profit margin(79 %)(75 %)(19 %)(50 %)(43 %)(8 %)(7 %)
EV / revenue--4.7x3.2x2.5x1.1x0.5x
EV / EBITDA---16.1x-5.4x-14.2x26.7x6.2x
R&D budget184m233m171m158m---
R&D % of revenue30 %17 %7 %7 %---
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Acquisition

N/A

Corporate spinout

$500m

Growth Equity VC

$800m

Valuation: $20.0b

32.8x EV/LTM Revenues

-89.4x EV/LTM EBITDA

SPAC IPO
N/A

$250m

Valuation: $20.0b

32.8x EV/LTM Revenues

SPAC Private Placement
*

$800m

Post IPO Debt
*

$450m

Post IPO Debt
*

$950m

Post IPO Debt
Total Funding€682m

Recent News about Polestar

Edit
More about Polestarinfo icon
Edit

Polestar is a premium electric performance car brand dedicated to driving the automotive industry towards a sustainable future. The company operates in the electric vehicle (EV) market, targeting environmentally conscious consumers who value high performance and innovative design. Polestar's business model revolves around the production and sale of electric vehicles, with a strong emphasis on sustainability and advanced technology. The company generates revenue through the direct sale of its vehicles, which are manufactured at its state-of-the-art production center in Chengdu, China. Polestar also engages customers through unique retail environments known as Polestar Spaces, which are designed to offer a pressure-free experience without traditional salespeople. The company is committed to achieving net zero greenhouse gas emissions and is actively involved in the development of new technologies and solutions for a circular economy. Polestar's initiatives include the Polestar Design Contest, which encourages designers to envision the future of sustainable mobility. The company's core values include passion for electrified mobility, precision in design, and a commitment to societal improvement through innovation.

Keywords: electric vehicles, sustainability, high performance, innovative design, premium brand, net zero emissions, circular economy, advanced technology, Polestar Spaces, Chengdu production.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.