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Polaris Infras J (TSE:PIF)
TSX:PIF
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -3.34%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive developments and challenges. While there was significant growth in adjusted EBITDA and operational cash flow, alongside strategic acquisitions and dividends, a reported net loss and revenue decline posed concerns. The company is also dealing with operational downtime in some regions, but is optimistic about future projects like the Puerto Rico battery program.Company Guidance
During Polaris Renewable Energy's first quarter 2025 earnings call, the company reported consolidated power production of 216,344 megawatt hours, a slight increase from the previous year's 213,434 megawatt hours. Despite a net loss of $10.4 million, attributed to one-time finance costs, the company achieved an adjusted EBITDA of $15 million, significantly up from $5.7 million in Q1 2024. Revenue for the quarter was $20.3 million, slightly down from $20.6 million the previous year. Polaris also generated net cash from operating activities of $11.8 million, with a notable increase in net cash used in investing activities to $14.7 million, primarily due to the acquisition of the Punta Lima wind farm. The company plans to pay a quarterly dividend of $0.15 per share on May 23. Looking ahead, Polaris is focused on its Puerto Rican ASAP battery program, targeting an 80-megawatt battery project with a $70 million gross CapEx and anticipated net CapEx of $50 million after potential ITC grants. The company maintains a strong balance sheet with $225 million in debt and $91 million in cash, positioning it for future growth opportunities.Increased Power Generation
Consolidated power production for the quarter was 216,344 megawatt hours, up from 213,434 megawatt hours in the same period in 2024.
Strong Adjusted EBITDA Growth
Adjusted EBITDA for the quarter was $15 million, a significant increase from $5.7 million in the same period last year.
Cash Generation Improvement
Net cash from operating activities was $11.8 million, higher than $8.7 million for the same period last year.
Punta Lima Acquisition and Production
The acquisition of Punta Lima wind farm in Puerto Rico resulted in 3,558 megawatt hours of production since March 3, 2025.
Dividend Announcement
A quarterly dividend of $0.15 per share is to be paid on May 23 to shareholders of record on May 12.
Puerto Rico Battery Program
Plans for an 80-megawatt battery system in Puerto Rico are progressing, with a targeted signing in mid-June.
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TSE:PIF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:PIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | C$11.97 | C$11.55 | -3.51% |
Feb 20, 2025 | C$12.41 | C$12.02 | -3.14% |
Oct 31, 2024 | C$11.92 | C$11.60 | -2.68% |
Aug 01, 2024 | C$12.24 | C$12.02 | -1.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Polaris Infras J (TSE:PIF) report earnings?
Polaris Infras J (TSE:PIF) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Polaris Infras J (TSE:PIF) earnings time?
Polaris Infras J (TSE:PIF) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:PIF EPS forecast?
TSE:PIF EPS forecast for the fiscal quarter 2025 (Q2) is 0.21.
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