SolarMax Technology, Inc. (SMXT)
NASDAQ: SMXT · Real-Time Price · USD
0.3450
-0.0330 (-8.73%)
At close: Jul 31, 2026, 4:00 PM EDT
0.3400
-0.0050 (-1.45%)
After-hours: Jul 31, 2026, 7:47 PM EDT

SolarMax Technology Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
98.8990.9822.9954.1444.7237.74
Revenue Growth
309.46%295.80%-57.54%21.07%18.49%-71.32%
Gross Profit
5.864.232.3111.157.485.95
Operating Income
-5.04-6.3-33.10.48-7.97-6.2
Net Income
-5.34-6.33-34.960.43-6.87-3.32
Earnings Per Share
-0.11-0.13-0.790.01-0.17-0.08
EPS Growth
------

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4.318.497.122.543.8213.08
Total Debt
36.2727.234.8441.8847.9848.53
Net Cash (Debt)
-31.96-18.71-27.72-39.35-44.16-35.45
Net Cash Growth
------
Net Cash Per Share
-0.61-0.37-0.63-0.98-1.11-0.89

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-3.090.5-9.134.09-1.97-5.35
Capital Expenditures
----0.03-0.08-
Free Cash Flow
-3.090.5-9.134.06-2.06-5.35
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
5.92%4.65%10.07%20.59%16.73%15.76%
Operating Margin
-5.10%-6.92%-144.01%0.89%-17.82%-16.43%
Pretax Margin
-6.01%-8.20%-144.86%0.68%-15.28%-9.59%
Profit Margin
-5.40%-6.95%-152.10%0.80%-15.37%-8.80%
FCF Margin
-3.12%0.55%-39.72%7.51%-4.60%-14.18%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
-90.49----
PS Ratio
0.200.503.19---