Solarmax Technology Inc. Common Stock (SMXT) — Financial statements
Income statement, balance sheet, and cash flow for Solarmax Technology Inc. Common Stock — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 91↑295.8% | 23↓57.5% | 54↑21.1% | 45↑18.5% | 38 | |
| Cost of Revenue | 87↑319.7% | 21↓51.9% | 43↑15.5% | 37↑17.1% | 32 | |
| Gross Profit | 4↑82.8% | 2↓79.2% | 11↑49.0% | 7↑25.8% | 6 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 10↓65.1% | 27↑188.6% | 10↓33.8% | 14↑31.4% | 11 | |
| Selling & Marketing Expenses | 0.37↓29.0% | 0.52↓55.3% | 1↑7.1% | 1↓10.7% | 1 | |
| SG&A Expenses | 10↓64.5% | 28↑162.1% | 11↓31.0% | 15↑27.2% | 12 | |
| Other Expenses | 2↓77.9% | 7 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 12↓67.3% | 35↑232.1% | 11↓31.0% | 15↑27.2% | 12 | |
| Total Costs & Expenses | 98↑75.3% | 56↑4.5% | 54↑1.8% | 53↑19.9% | 44 | |
| Operating Results | ||||||
| Operating Income | -7↑77.8% | -33↓6941.7% | 0.48↑106.1% | -8↓28.5% | -6 | |
| Depreciation & Amortization | 2↑3.6% | 2↓4.1% | 2↑17.6% | 1↑281.3% | 0.36 | |
| EBITDA | -6↑81.0% | -30↓948.0% | 4↑198.0% | -4↓187.3% | -1 | |
| EBIT | -7↑76.8% | -32↓1729.5% | 2↑138.9% | -5↓208.1% | -2 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.83↑22.4% | -1↑29.4% | -2↑14.6% | -2↑2.5% | -2 | |
| Interest Income | 0.54↑7.7% | 0.50↑627.0% | 0.07↑11.7% | 0.06↓66.8% | 0.19 | |
| Interest Expense | 1↓12.8% | 2↓0.7% | 2↓13.7% | 2↓8.5% | 2 | |
| Non-Operating Income | 0.00↑100.0% | -1↑6.3% | -1↑50.6% | -3↑35.2% | -5 | |
| Other Income / Expenses | -0.11↑44.8% | -0.19↓72.1% | -0.11↓110.0% | 1↓55.9% | 3 | |
| Income Before Tax | -7↑77.6% | -33↓9085.2% | 0.37↑105.4% | -7↓88.7% | -4 | |
| Income Tax Expense | -1↓168.2% | 2↑2691.9% | -0.06↓254.9% | 0.04↑113.8% | -0.30 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -6↑81.9% | -35↓8141.3% | 0.43↑106.3% | -7↓107.0% | -3 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -6↑81.9% | -35↓8141.3% | 0.43↑106.3% | -7↓107.0% | -3 | |
| Bottom-Line Net Income | -6↑81.9% | -35↓8141.3% | 0.43↑106.3% | -7↓107.0% | -3 | |
| EPS (Basic) | -0.13↑83.5% | -0.79↓8161.2% | 0.01↑106.5% | -0.15↓114.6% | -0.07 | |
| EPS (Diluted) | -0.13↑83.1% | -0.77↓7957.1% | 0.01↑107.0% | -0.14↓100.3% | -0.07 | |
| Weighted Average Shares | 50↑12.7% | 44↓0.4% | 45↑0.0% | 45↓6.3% | 48 | |
| Weighted Average Diluted Shares | 50↑10.7% | 45↑1.5% | 45↓6.3% | 48↑0.0% | 48 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.