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SMXT

Solarmax Technology Inc. Common Stock

NASDAQ: SMXT · TECHNOLOGY · SOLAR

$0.61
+3.41% today

Updated 2026-04-30

Market cap
$34.18M
P/E ratio
P/S ratio
0.38x
EPS (TTM)
$-0.13
Dividend yield
52W range
$0 – $2
Volume
0.2M

Solarmax Technology Inc. Common Stock (SMXT) Financial statements

SEC filings — annual and quarterly data.

Income statement — annual

Item20172018202020212022202320242025
Revenue$88.93M$89.83M$131.58M$37.74M$44.72M$54.14M$22.99M$90.98M
Revenue growth (YoY)+1.0%+46.5%-71.3%+18.5%+21.1%-57.5%+295.8%
Cost of revenue$78.35M$80.58M$115.13M$31.79M$37.24M$42.99M$20.67M$86.75M
Gross profit$10.58M$9.25M$16.45M$5.95M$7.48M$11.15M$2.31M$4.23M
Gross margin11.9%10.3%12.5%15.8%16.7%20.6%10.1%4.6%
R&D
SG&A$11.45M$10.94M$14.37M$9.51M$27.44M$9.56M
Operating income$-8.22M$-10.95M$3.74M$-6.20M$-7.97M$483851.00$-33.10M$-7.35M
Operating margin-9.2%-12.2%2.8%-16.4%-17.8%0.9%-144.0%-8.1%
EBITDA$-7.06M$-12.15M$7.13M$-1.26M$-3.63M$3.56M$-30.19M$-5.75M
EBITDA margin-7.9%-13.5%5.4%-3.4%-8.1%6.6%-131.3%-6.3%
EBIT$-9.15M$-12.76M$5.65M$-1.62M$-5.00M$1.95M$-31.73M$-7.35M
Interest expense$1.85M$1.95M$3.21M$2.00M$1.83M$1.58M$1.57M$1.37M
Income tax$1.07M$-5729.00$1.49M$-300661.00$41432.00$-64194.00$1.66M
Effective tax rate-9.9%0.0%60.4%8.3%-0.6%-17.3%-5.0%0.0%
Net income$-11.93M$-14.60M$974054.00$-3.32M$-6.87M$434786.00$-34.96M$-6.32M
Net income growth (YoY)-22.3%+106.7%-440.9%-107.0%+106.3%-8141.3%+81.9%
Profit margin-13.4%-16.3%0.7%-8.8%-15.4%0.8%-152.1%-7.0%