SolarMax Technology (SMXT) Income Statement: Revenue & Earnings

SolarMax Technology Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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SolarMax Technology, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	22.99	54.14	44.72	37.74	131.58
Cost of Revenue	19.41	42.99	37.24	31.79	115.13
Gross Profit	3.58	11.15	7.48	5.95	16.45
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	10.68	10.67	15.45	12.15	12.71
Operating Expenses	10.68	10.67	15.45	12.15	12.71
Operating Income	-7.11	0.48	-7.97	-6.20	3.74
Other Income/Expense
Interest Income	0.70	0.07	0.32	0.19	0.12
Interest Expense	-1.57	1.58	-1.83	2.00	-3.21
Other Income/Expense	0.00	1.39	0.06	4.39	0.13
Income
Income Before Tax	-33.30	0.37	-6.83	-3.62	2.44
Income Tax Expense	1.66	-0.06	0.04	-0.30	1.49
Net Income	-34.96	0.43	-6.87	-3.32	0.97
Net Income - Continuous Operations	-34.96	0.43	-6.87	-3.32	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-7.02	3.56	-7.69	-1.26	5.22
EBIT	-7.11	1.95	-7.97	-1.62	3.74
Depreciation & Amortization	0.08	1.61	0.28	0.36	1.48
Earnings Per Share
Basic EPS	-1.00	-	-	-	-
Diluted EPS	-1.00	-	-	-	-
Basic Shares Outstanding	44.34	44.50	39.74	47.50	40.01
Diluted Shares Outstanding	44.34	44.50	39.74	47.50	40.16