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SolarMax Technology, Inc. SMXT
SolarMax Technology, Inc. financials (annual)
Bars are annual figures from 2022 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $91.0M | $23.0M | $54.1M | $44.7M |
| Gross profit | $4.2M | $2.3M | $11.1M | $7.5M |
| Operating income | -$6.3M | -$33.1M | $483,851 | -$8.0M |
| Interest expense | $1.4M | $1.6M | — | — |
| Income tax | -$1.1M | $1.7M | -$64,194 | $41,432 |
| Net income | -$6.3M | -$35.0M | $434,786 | -$6.9M |
| EPS (diluted) | $-0.13 | $-0.79 | $0.01 | $-0.17 |
| Operating cash flow | $498,049 | -$9.1M | $4.1M | -$2.0M |
| Free cash flow | — | -$9.1M | $4.1M | -$2.1M |
| Cash & equivalents | $8.0M | $786,333 | $2.5M | $3.8M |
| Inventory | $2.1M | $1.3M | $1.3M | $3.4M |
| Total assets | $91.3M | $38.6M | $48.7M | $61.5M |
| Total liabilities | $103.5M | $53.7M | $64.5M | $77.7M |
| Shareholders' equity | -$12.2M | -$15.1M | -$15.9M | -$16.2M |
Growth · year-over-year · Revenue CAGR 26.7%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue growth | +295.8% | -57.5% | +21.1% | — |
| Net income growth | — | -8141.3% | — | — |
| EPS growth | — | -8000.0% | — | — |
| Free cash flow growth | — | -324.7% | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.