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
|
| Link |
|
|
|
|
|
|
