PolarX Revenue Y/Y
What is the Revenue Y/Y of PolarX?
The Revenue Y/Y of PolarX Limited is N/A
What is the definition of Revenue Y/Y?
Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.
= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters
The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.
What does PolarX do?
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company explores for copper, silver, and gold deposits. Its principal property is the Alaska Range project, which comprise Stellar and Caribou Dome project covering an area of approximately 262 square kilometers located in Alaska. The company was incorporated in 1945 and is based in Subiaco, Australia.