SolarMax Technology, Inc. (SMXT)
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- Incorporated NV
- Fiscal year ends Dec 31
In fiscal 2025, SolarMax Technology, Inc. reported revenue of $90.98M, up 295.8% from the prior year. The company ran a net loss, with a net margin of -7.0% and a gross margin of 4.6%. It held $91.29M in total assets against $103.50M in total liabilities.
Key ratios (FY2025)
4.6%
Gross margin
-6.9%
Operating margin
-7.0%
Net margin
+295.8%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $90.98M | $22.99M | $54.14M | $44.72M | — |
| Cost of Revenue | $86.75M | $20.67M | $42.99M | $37.24M | — |
| Gross Profit | $4.23M | $2.31M | $11.15M | $7.48M | — |
| Operating Income | -$6.30M | -$33.10M | $483.9K | -$7.97M | — |
| Net Income | -$6.33M | -$34.96M | $434.8K | -$6.87M | — |
| EPS (Diluted) | $-0.13 | $-0.79 | $0.01 | $-0.17 | — |
| Total Assets | $91.29M | $38.63M | $48.66M | $61.48M | — |
| Total Liabilities | $103.50M | $53.71M | $64.54M | $77.69M | — |
| Shareholders' Equity | -$12.21M | -$15.08M | -$15.89M | -$16.21M | -$8.45M |
| Cash & Equivalents | $7.97M | $786.3K | $2.54M | $3.82M | $9.89M |
| Operating Cash Flow | $498.0K | -$9.13M | $4.09M | -$1.97M | — |
| Capital Expenditures | — | $0 | $28.0K | $83.5K | — |
| Shares Outstanding | 54.91M | 45.27M | 39.74M | 39.74M | — |