Solarmax Technology Inc. Common Stock
Solarmax Technology Inc. Common Stock (SMXT) Financial Performance & Income Statement Overview
Analyze Solarmax Technology Inc. Common Stock (SMXT) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Solarmax Technology Inc. Common Stock (SMXT) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Solarmax Technology Inc. Common Stock SMXT financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $6.93M | $6.44M | $6.33M | $4.45M |
| Cost of Revenue | $5.51M | $5.50M | $5.07M | $3.87M |
| Gross Profit | $1.42M | $933560.00 | $1.26M | $588083.00 |
| Gross Profit Ratio | $0.20 | $0.15 | $0.20 | $0.13 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $2.48M | $2.73M | $3.82M | $2.99M |
| Operating Expenses | $2.57M | $2.73M | $11.28M | $2.99M |
| Total Costs & Expenses | $8.08M | $6.87M | $16.36M | $6.85M |
| Interest Income | $120205.00 | $137095.00 | $206342.00 | $141311.00 |
| Interest Expense | $369403.00 | $397042.00 | $399461.00 | $384866.00 |
| Depreciation & Amortization | $395308.00 | $380959.00 | $389099.00 | $383512.00 |
| EBITDA | -$1.06M | -$1.41M | -$8.78M | -$1.51M |
| EBITDA Ratio | -$0.15 | -$0.22 | -$1.39 | -$0.34 |
| Operating Income | -$1.16M | -$1.80M | -$10.03M | -$2.40M |
| Operating Income Ratio | -$0.17 | -$0.28 | -$1.58 | -$0.54 |
| Other Income/Expenses (Net) | -$204372.00 | -$390559.00 | $461387.00 | $120461.00 |
| Income Before Tax | -$1.36M | -$2.19M | -$9.57M | -$2.28M |
| Income Before Tax Ratio | -$0.20 | -$0.34 | -$1.51 | -$0.51 |
| Income Tax Expense | -$63634.00 | $1.72M | $56811.00 | -$114884.00 |
| Net Income | -$1.30M | -$3.90M | -$9.62M | -$2.16M |
| Net Income Ratio | -$0.19 | -$0.61 | -$1.52 | -$0.49 |
| EPS | -$0.03 | -$0.09 | -$0.21 | -$0.05 |
| Diluted EPS | -$0.03 | -$0.09 | -$0.21 | -$0.05 |
| Weighted Avg Shares Outstanding | $44.42M | $45.27M | $45.28M | $45.02M |
| Weighted Avg Shares Outstanding (Diluted) | $44.42M | $45.27M | $45.16M | $41.48M |
Over the last four quarters, Solarmax Technology Inc. Common Stock achieved steady financial progress, growing revenue from $4.45M in Q2 2024 to $6.93M in Q1 2025. Gross profit stayed firm with margins at 20% in Q1 2025 versus 13% in Q2 2024. Operating income totaled -$1.16M in Q1 2025, maintaining a -17% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$1.06M. Net income rose to -$1.30M, with EPS at -$0.03. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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