SMXT
Income statement / Annual
Last year (2023), Solarmax Technology Inc. Common Stock's total revenue was $54.14 M,
an increase of 21.07% from the previous year.
In 2023, Solarmax Technology Inc. Common Stock's net income was $434,786.00.
See Solarmax Technology Inc. Common Stock’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$54.14 M
|
$44.72 M
|
$37.74 M
|
$131.58 M
|
$89.83 M
|
$88.93 M
|
| Cost of Revenue |
$42.99 M |
$37.24 M |
$31.79 M |
$115.13 M |
$80.58 M |
$78.35 M |
| Gross Profit |
$11.15 M |
$7.48 M |
$5.95 M |
$16.45 M |
$9.25 M |
$10.58 M |
| Gross Profit Ratio |
0.21 |
0.17 |
0.16 |
0.13 |
0.1 |
0.12 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$9.51 M
|
$14.37 M
|
$10.94 M
|
$11.45 M
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$1.16 M
|
$1.08 M
|
$1.21 M
|
$1.26 M
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$10.67 M
|
$15.45 M
|
$12.15 M
|
$12.71 M
|
$20.20 M
|
$18.80 M
|
| Other Expenses |
$0.00 |
-$616,117.00 |
$712,688.00 |
$844,495.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$10.67 M |
$15.45 M |
$12.15 M |
$12.71 M |
$20.20 M |
$18.80 M |
| Cost And Expenses |
$53.66 M |
$52.69 M |
$43.94 M |
$127.84 M |
$100.78 M |
$97.15 M |
| Interest Income |
$68,853.00 |
$61,617.00 |
$185,579.00 |
$121,001.00 |
$434,170.00 |
$448,305.00 |
| Interest Expense |
$1.58 M |
$1.83 M |
$2.00 M |
$3.21 M |
$1.95 M |
$1.85 M |
| Depreciation &
Amortization |
$1.61 M
|
$1.37 M
|
$359,860.00
|
$1.48 M
|
$618,801.00
|
$2.08 M
|
| EBITDA |
$3.56 M
|
-$3.63 M
|
-$1.26 M
|
$5.22 M
|
-$12.15 M
|
-$7.06 M
|
| EBITDA Ratio |
0.07 |
-0.15 |
-0.11 |
0.05 |
-0.12 |
-0.07 |
| Operating Income Ratio
|
0.01
|
-0.18
|
-0.16
|
0.03
|
-0.12
|
-0.09
|
| Total Other
Income/Expenses Net |
-$113,259.00
|
$1.14 M
|
$2.58 M
|
-$1.30 M
|
-$3.21 M
|
-$2.18 M
|
| Income Before Tax |
$370,592.00 |
-$6.83 M |
-$3.62 M |
$2.44 M |
-$14.71 M |
-$11.00 M |
| Income Before Tax Ratio
|
0.01
|
-0.15
|
-0.1
|
0.02
|
-0.16
|
-0.12
|
| Income Tax Expense |
-$64,194.00 |
$41,432.00 |
-$300,661.00 |
$1.49 M |
-$5,729.00 |
$1.07 M |
| Net Income |
$434,786.00 |
-$6.87 M |
-$3.32 M |
$974,054.00 |
-$14.60 M |
-$11.93 M |
| Net Income Ratio |
0.01 |
-0.15 |
-0.09 |
0.01 |
-0.16 |
-0.13 |
| EPS |
0.0098 |
-0.15 |
-0.0699 |
0.0205 |
-0.32 |
-0.27 |
| EPS Diluted |
0.0098 |
-0.14 |
-0.0699 |
0.0205 |
-0.32 |
-0.27 |
| Weighted Average Shares
Out |
$44.50 M
|
$44.50 M
|
$47.50 M
|
$47.50 M
|
$44.98 M
|
$44.98 M
|
| Weighted Average Shares
Out Diluted |
$44.50 M
|
$47.50 M
|
$47.50 M
|
$47.50 M
|
$44.98 M
|
$44.98 M
|
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