See more : Deutsche Post AG (DHLGY) Income Statement Analysis – Financial Results
Complete financial analysis of Solarmax Technology Inc. Common Stock (SMXT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Solarmax Technology Inc. Common Stock, a leading company in the Solar industry within the Energy sector.
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Solarmax Technology Inc. Common Stock (SMXT)
About Solarmax Technology Inc. Common Stock
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; financing the sale of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential, commercial, and government customers. The Company was incorporated in 2008 and is based in Riverside, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Revenue | 54.14M | 44.72M | 37.74M | 131.58M | 89.83M | 88.93M |
| Cost of Revenue | 42.99M | 37.24M | 31.79M | 115.13M | 80.58M | 78.35M |
| Gross Profit | 11.15M | 7.48M | 5.95M | 16.45M | 9.25M | 10.58M |
| Gross Profit Ratio | 20.59% | 16.73% | 15.76% | 12.50% | 10.30% | 11.90% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 9.51M | 14.37M | 10.94M | 11.45M | 0.00 | 0.00 |
| Selling & Marketing | 1.16M | 1.08M | 1.21M | 1.26M | 0.00 | 0.00 |
| SG&A | 10.67M | 15.45M | 12.15M | 12.71M | 20.20M | 18.80M |
| Other Expenses | 0.00 | -616.12K | 712.69K | 844.50K | 0.00 | 0.00 |
| Operating Expenses | 10.67M | 15.45M | 12.15M | 12.71M | 20.20M | 18.80M |
| Cost & Expenses | 53.66M | 52.69M | 43.94M | 127.84M | 100.78M | 97.15M |
| Interest Income | 68.85K | 61.62K | 185.58K | 121.00K | 434.17K | 448.31K |
| Interest Expense | 1.58M | 1.83M | 2.00M | 3.21M | 1.95M | 1.85M |
| Depreciation & Amortization | 1.61M | 1.37M | 359.86K | 1.48M | 618.80K | 2.08M |
| EBITDA | 3.56M | -3.63M | -1.26M | 5.22M | -12.15M | -7.06M |
| EBITDA Ratio | 6.58% | -14.89% | -10.79% | 5.07% | -11.50% | -6.90% |
| Operating Income | 483.85K | -7.97M | -6.20M | 3.74M | -10.95M | -8.22M |
| Operating Income Ratio | 0.89% | -17.82% | -16.43% | 2.84% | -12.19% | -9.24% |
| Total Other Income/Expenses | -113.26K | 1.14M | 2.58M | -1.30M | -3.21M | -2.18M |
| Income Before Tax | 370.59K | -6.83M | -3.62M | 2.44M | -14.71M | -11.00M |
| Income Before Tax Ratio | 0.68% | -15.28% | -9.59% | 1.86% | -16.38% | -12.37% |
| Income Tax Expense | -64.19K | 41.43K | -300.66K | 1.49M | -5.73K | 1.07M |
| Net Income | 434.79K | -6.87M | -3.32M | 974.05K | -14.60M | -11.93M |
| Net Income Ratio | 0.80% | -15.37% | -8.80% | 0.74% | -16.25% | -13.42% |
| EPS | 0.01 | -0.15 | -0.07 | 0.02 | -0.32 | -0.27 |
| EPS Diluted | 0.01 | -0.14 | -0.07 | 0.02 | -0.32 | -0.27 |
| Weighted Avg Shares Out | 44.50M | 44.50M | 47.50M | 47.50M | 44.98M | 44.98M |
| Weighted Avg Shares Out (Dil) | 44.50M | 47.50M | 47.50M | 47.50M | 44.98M | 44.98M |
U.S. IPO Weekly Recap: Microcap Makes Volatile Debut To Close Out February
SolarMax Technology, Inc. Announces Closing of Initial Public Offering
SolarMax Technology, Inc. Announces Closing of Initial Public Offering
Source: https://incomestatements.info
Category: Stock Reports