Company / Financials
SolarMax Technology, Inc. Financials
FY2023-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableRevenue
$23.0M
FY2025 · -57.5% YoY
Net Income
-$35.0M
FY2025 · -8141.3% YoY
Profit Margin
-152.1%
FY2025 · net income / revenue
ROE
-
FY2025 · return on equity
Total Assets
$91.3M
FY2025
Total Debt
-
FY2025
Equity
-$15.1M
FY2025
ROA
-38.3%
FY2025 · return on assets
Statement paths
Financial highlights
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.09 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Metric history
Revenue HistoryTotal revenue from operations$23.0M-57.5% YoYNet Income HistoryProfit after all expenses and taxes-$35.0M-8141.3% YoYGross Profit HistoryRevenue minus cost of goods sold$2.3M-79.2% YoYCost of Revenue HistoryDirect costs of producing goods and services sold$20.7M-51.9% YoYOperating Income HistoryProfit from core business operations before interest and taxes-$33.1M-6941.7% YoYSG&A Expense HistorySelling, general, and administrative expenses$27.4M+188.6% YoYInterest Expense HistoryCost of borrowing and debt obligations$1.6MIncome Tax HistoryTotal income tax expense$1.7M+2691.9% YoYEPS (Basic) HistoryBasic earnings per share-$0.79-8000.0% YoYEPS (Diluted) HistoryDiluted earnings per share including stock options and convertibles-$0.79-8000.0% YoY