Solarmax Technology Inc. (SMXT)

NASDAQ: SMXT · IEX Real-Time Price · USD

2.630

-0.120 (-4.36%)

At close: Jul 2, 2024, 4:00 PM

2.650

+0.020 (0.76%)

After-hours: Jul 2, 2024, 6:24 PM EDT

Solarmax Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	54.14	44.72	37.74	131.58
Revenue Growth (YoY)	21.07%	18.49%	-71.32%	-
Cost of Revenue	42.99	37.24	31.79	115.13
Gross Profit	11.15	7.48	5.95	16.45
Selling, General & Admin	10.67	15.45	12.15	12.71
Operating Expenses	10.67	15.45	12.15	12.71
Operating Income	0.48	-7.97	-6.2	3.74
Interest Expense / Income	1.58	1.83	2	3.21
Other Expense / Income	-1.46	-2.96	-4.58	-1.93
Pretax Income	0.37	-6.83	-3.62	2.46
Income Tax	-0.06	0.04	-0.3	1.49
Net Income	0.43	-6.87	-3.32	0.97
Shares Outstanding (Basic)	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40
Shares Change	0.73%	-	-1.05%	-
EPS (Basic)	0.01	-0.17	-0.08	0.02
EPS (Diluted)	0.01	-0.17	-0.08	0.02
Free Cash Flow	3.81	-1.96	-5.31	-23.25
Free Cash Flow Per Share	0.10	-0.05	-0.13	-0.58
Gross Margin	20.59%	16.73%	15.76%	12.50%
Operating Margin	0.89%	-17.82%	-16.43%	2.84%
Profit Margin	0.80%	-15.37%	-8.80%	0.74%
Free Cash Flow Margin	7.03%	-4.39%	-14.07%	-17.67%
Effective Tax Rate	-17.32%	-	-	60.44%
EBITDA	3.56	-3.63	-1.26	7.16
EBITDA Margin	6.58%	-8.12%	-3.35%	5.44%
Depreciation & Amortization	1.61	1.37	0.36	1.48
EBIT	1.95	-5	-1.62	5.67
EBIT Margin	3.60%	-11.19%	-4.30%	4.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).