Symbols / SMXT $0.70 -1.92% SolarMax Technology, Inc.

Technology • Solar • United States • NCM
SMXT Chart
About

SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential, commercial, and government customers. SolarMax Technology, Inc. was incorporated in 2008 and is based in Riverside, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Solar Market Cap 38.08M
Enterprise Value 55.68M Income -9.36M Sales 50.85M
Book/sh -0.22 Cash/sh 0.21 Dividend Yield —
Payout 0.00% Employees 76 IPO —
P/E — Forward P/E — PEG —
P/S 0.75 P/B -3.23 P/C —
EV/EBITDA 5.30 EV/Sales 1.09 Quick Ratio 0.69
Current Ratio 0.73 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.19 EPS next Y — EPS Growth —
Revenue Growth 3.83% Earnings — ROA 12.83%
ROE — ROIC — Gross Margin 7.70%
Oper. Margin -6.89% Profit Margin -18.40% Shs Outstand 54.30M
Shs Float 39.28M Short Float 1.42% Short Ratio 4.07
Short Interest — 52W High 2.50 52W Low 0.61
Beta 0.66 Avg Volume 367.62K Volume 501.93K
Target Price — Recom None Prev Close $0.71
Price $0.70 Change -1.92%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.70
Latest analyst target
3. DCF / Fair value
$5.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.70
Low
—
High
—
Mean
—
News
RSS: Latest SMXT news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
22.99
-57.54%
54.14
+21.07%
44.72
+18.49%
37.74
Operating Revenue
22.99
-57.54%
54.14
+21.07%
44.72
+18.49%
37.74
Cost Of Revenue
20.67
-51.91%
42.99
+15.45%
37.24
+17.12%
31.79
Reconciled Cost Of Revenue
20.67
-51.91%
42.99
+15.45%
37.24
+17.12%
31.79
Gross Profit
2.31
-79.24%
11.15
+49.02%
7.48
+25.82%
5.95
Operating Expense
27.96
+162.13%
10.67
-30.98%
15.45
+27.20%
12.15
Selling General And Administration
27.96
+162.13%
10.67
-30.98%
15.45
+27.20%
12.15
Selling And Marketing Expense
0.52
-55.34%
1.16
+7.08%
1.08
-10.70%
1.21
General And Administrative Expense
27.44
+188.61%
9.51
-33.84%
14.37
+31.40%
10.94
Other Gand A
27.44
+188.61%
9.51
-33.84%
14.37
+31.40%
10.94
Total Expenses
48.63
-9.37%
53.66
+1.84%
52.69
+19.90%
43.94
Operating Income
-25.64
-5399.50%
0.48
+106.07%
-7.97
-28.53%
-6.20
Total Operating Income As Reported
-33.10
-6941.68%
0.48
+106.07%
-7.97
-28.53%
-6.20
EBITDA
-30.19
-947.85%
3.56
+198.01%
-3.63
-187.27%
-1.26
Normalized EBITDA
-23.10
-754.65%
3.53
+153.00%
-6.66
-63.47%
-4.07
Reconciled Depreciation
1.55
-4.15%
1.61
+17.55%
1.37
+281.31%
0.36
EBIT
-31.73
-1729.54%
1.95
+138.91%
-5.00
-208.10%
-1.62
Total Unusual Items
-7.08
-22920.71%
0.03
-98.97%
3.03
+7.73%
2.81
Total Unusual Items Excluding Goodwill
-7.08
-22920.71%
0.03
-98.97%
3.03
+7.73%
2.81
Special Income Charges
-7.08
-22920.71%
0.03
-98.97%
3.03
+7.73%
2.81
Other Special Charges
-0.38
-1124.30%
-0.03
+98.97%
-3.03
-7.73%
-2.81
Impairment Of Capital Assets
7.46
0.00
—
—
Write Off
—
—
—
0.00
Net Income
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Pretax Income
-33.30
-9085.22%
0.37
+105.42%
-6.83
-88.68%
-3.62
Net Non Operating Interest Income Expense
-1.07
+29.36%
-1.51
+14.58%
-1.77
+2.52%
-1.81
Interest Expense Non Operating
1.57
-0.70%
1.58
-13.69%
1.83
-8.49%
2.00
Net Interest Income
-1.07
+29.36%
-1.51
+14.58%
-1.77
+2.52%
-1.81
Interest Expense
1.57
-0.70%
1.58
-13.69%
1.83
-8.49%
2.00
Interest Income Non Operating
0.50
+626.97%
0.07
+11.74%
0.06
-66.80%
0.19
Interest Income
0.50
+626.97%
0.07
+11.74%
0.06
-66.80%
0.19
Other Income Expense
-6.59
-572.64%
1.39
-51.96%
2.90
-33.87%
4.39
Other Non Operating Income Expenses
-0.14
-128.93%
0.50
+181.07%
-0.62
-186.45%
0.71
Tax Provision
1.66
+2691.88%
-0.06
-254.94%
0.04
+113.78%
-0.30
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+153.01%
0.00
Tax Effect Of Unusual Items
-1.49
-22920.71%
0.01
-98.97%
0.64
+172.56%
0.23
Net Income Including Noncontrolling Interests
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Net Income From Continuing Operation Net Minority Interest
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Net Income From Continuing And Discontinued Operation
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Net Income Continuous Operations
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Minority Interests
—
—
—
0.00
Normalized Income
-29.37
-7258.12%
0.41
+104.43%
-9.26
-57.12%
-5.90
Net Income Common Stockholders
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Diluted EPS
-0.79
-8185.98%
0.01
+106.33%
-0.15
-107.01%
-0.07
Basic EPS
-0.79
-8185.98%
0.01
+106.33%
-0.15
-107.01%
-0.07
Basic Average Shares
44.34
-0.35%
44.50
+0.00%
44.50
-6.32%
47.50
Diluted Average Shares
44.34
-0.35%
44.50
-6.32%
47.50
+0.00%
47.50
Diluted NI Availto Com Stockholders
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Earnings From Equity Interest
0.63
-26.54%
0.86
+75.05%
0.49
-43.20%
0.87
Line Item Trend 2024-12-31
Total Assets
38.63
Current Assets
20.95
Cash Cash Equivalents And Short Term Investments
7.12
Cash And Cash Equivalents
0.79
Other Short Term Investments
6.34
Receivables
9.39
Accounts Receivable
4.23
Other Receivables
0.89
Taxes Receivable
—
Accrued Interest Receivable
0.01
Loans Receivable
1.29
Inventory
1.30
Raw Materials
1.34
Work In Process
—
Finished Goods
0.60
Prepaid Assets
0.67
Current Deferred Assets
1.84
Restricted Cash
—
Other Current Assets
0.63
Total Non Current Assets
17.68
Net PPE
3.38
Gross PPE
9.23
Accumulated Depreciation
-5.85
Properties
0.00
Machinery Furniture Equipment
2.10
Construction In Progress
—
Other Properties
4.84
Leases
2.29
Goodwill And Other Intangible Assets
0.00
Goodwill
0.00
Investments And Advances
10.02
Long Term Equity Investment
10.02
Non Current Deferred Assets
0.00
Non Current Deferred Taxes Assets
0.00
Non Current Prepaid Assets
—
Other Non Current Assets
1.20
Total Liabilities Net Minority Interest
53.71
Current Liabilities
34.74
Payables And Accrued Expenses
10.24
Payables
8.07
Accounts Payable
2.67
Other Payable
4.64
Current Accrued Expenses
2.17
Pensionand Other Post Retirement Benefit Plans Current
3.28
Total Tax Payable
0.76
Income Tax Payable
0.15
Current Debt And Capital Lease Obligation
19.60
Current Debt
18.03
Other Current Borrowings
18.03
Current Capital Lease Obligation
1.57
Current Deferred Liabilities
1.62
Current Deferred Revenue
1.62
Total Non Current Liabilities Net Minority Interest
18.97
Long Term Debt And Capital Lease Obligation
15.24
Long Term Debt
13.53
Long Term Capital Lease Obligation
1.71
Non Current Deferred Liabilities
1.62
Non Current Deferred Taxes Liabilities
1.62
Other Non Current Liabilities
2.11
Stockholders Equity
-15.08
Common Stock Equity
-15.08
Capital Stock
0.05
Common Stock
0.05
Preferred Stock
0.00
Share Issued
46.53
Ordinary Shares Number
45.27
Treasury Shares Number
1.26
Additional Paid In Capital
91.89
Retained Earnings
-103.59
Gains Losses Not Affecting Retained Earnings
-1.45
Treasury Stock
1.98
Minority Interest
—
Other Equity Adjustments
-1.45
Total Equity Gross Minority Interest
-15.08
Total Capitalization
-1.55
Working Capital
-13.79
Invested Capital
16.48
Total Debt
34.84
Net Debt
30.77
Capital Lease Obligations
3.28
Net Tangible Assets
-15.08
Tangible Book Value
-15.08
Current Deferred Taxes Liabilities
—
Duefrom Related Parties Current
2.96
Inventories Adjustments Allowances
-0.64
Investmentsin Associatesat Cost
10.02
Investmentsin Joint Venturesat Cost
—
Non Current Note Receivables
3.08
Notes Receivable
—
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-9.13
-323.17%
4.09
+307.51%
-1.97
+63.16%
-5.35
Cash Flow From Continuing Operating Activities
-9.13
-323.17%
4.09
+307.51%
-1.97
+63.16%
-5.35
Net Income From Continuing Operations
-34.96
-8141.27%
0.43
+106.33%
-6.87
-107.01%
-3.32
Depreciation Amortization Depletion
1.55
-4.15%
1.61
+17.55%
1.37
+281.31%
0.36
Depreciation
1.55
-4.15%
1.61
+17.55%
1.37
+281.31%
0.36
Depreciation And Amortization
1.55
-4.15%
1.61
+17.55%
1.37
+281.31%
0.36
Other Non Cash Items
0.12
-71.56%
0.42
+139.64%
-1.05
-667.49%
-0.14
Stock Based Compensation
18.54
0.00
—
0.00
Provisionand Write Offof Assets
1.28
+58.58%
0.81
+20.68%
0.67
+203.60%
0.22
Asset Impairment Charge
7.46
0.00
-100.00%
3.38
0.00
Deferred Tax
1.83
+2275.61%
-0.08
+9.22%
-0.09
+79.15%
-0.44
Deferred Income Tax
1.83
+2275.61%
-0.08
+9.22%
-0.09
+79.15%
-0.44
Operating Gains Losses
-0.95
-4.08%
-0.91
+63.80%
-2.52
+23.18%
-3.28
Gain Loss On Investment Securities
—
—
3.38
—
Net Foreign Currency Exchange Gain Loss
—
—
0.00
-100.00%
0.10
Gain Loss On Sale Of PPE
-0.01
+43.74%
-0.02
+73.29%
-0.08
-105.43%
-0.04
Change In Working Capital
-3.99
-319.97%
1.82
-42.40%
3.15
+151.62%
1.25
Change In Receivables
3.04
-62.63%
8.13
+102.40%
4.02
-74.89%
16.01
Changes In Account Receivables
-0.21
-113.96%
1.54
+149.65%
-3.10
-42.43%
-2.17
Change In Inventory
-0.01
-100.36%
1.95
+1735.60%
-0.12
+91.18%
-1.35
Change In Prepaid Assets
—
—
—
0.00
Change In Payables And Accrued Expense
-4.43
-193.38%
-1.51
+46.35%
-2.82
+78.18%
-12.91
Change In Accrued Expense
-3.72
-39.48%
-2.66
-1025.89%
-0.24
-104.11%
5.76
Change In Payable
-0.72
-162.33%
1.15
+144.67%
-2.58
+86.18%
-18.67
Change In Account Payable
-0.72
-162.33%
1.15
+144.67%
-2.58
+86.18%
-18.67
Change In Other Working Capital
—
-4.04
-252.35%
2.65
+734.82%
-0.42
Change In Other Current Assets
-0.05
-267.60%
0.03
+6.39%
0.03
-95.61%
0.58
Change In Other Current Liabilities
-2.55
+7.50%
-2.75
-353.89%
-0.61
+6.97%
-0.65
Investing Cash Flow
-6.32
-96325.42%
-0.01
+97.67%
-0.28
-113.83%
2.03
Cash Flow From Continuing Investing Activities
-6.32
-96325.42%
-0.01
+97.67%
-0.28
-113.83%
2.03
Net PPE Purchase And Sale
0.02
+420.18%
-0.01
-178.61%
0.01
-79.11%
0.04
Purchase Of PPE
0.00
+100.00%
-0.03
+66.45%
-0.08
0.00
Sale Of PPE
0.02
-2.22%
0.02
-76.63%
0.09
+130.15%
0.04
Capital Expenditure
—
-0.03
+66.45%
-0.08
—
Net Investment Purchase And Sale
-6.34
0.00
—
—
Purchase Of Investment
-7.69
0.00
—
—
Sale Of Investment
1.35
0.00
—
—
Net Business Purchase And Sale
—
—
0.00
-100.00%
3.52
Gain Loss On Sale Of Business
—
—
—
0.00
Net Other Investing Changes
—
—
-0.29
+82.36%
-1.64
Financing Cash Flow
13.31
+350.09%
-5.32
+29.04%
-7.50
-48.06%
-5.07
Cash Flow From Continuing Financing Activities
13.31
+350.09%
-5.32
+29.04%
-7.50
-48.06%
-5.07
Net Issuance Payments Of Debt
-4.65
+4.21%
-4.85
+32.12%
-7.14
-33.99%
-5.33
Issuance Of Debt
0.90
0.00
0.00
-100.00%
1.86
Repayment Of Debt
-5.55
-14.36%
-4.85
+32.12%
-7.14
+0.61%
-7.19
Long Term Debt Issuance
—
—
0.00
-100.00%
1.86
Long Term Debt Payments
-5.55
-14.36%
-4.85
+32.12%
-7.14
+0.61%
-7.19
Net Long Term Debt Issuance
-5.55
-14.36%
-4.85
+32.12%
-7.14
-33.99%
-5.33
Short Term Debt Issuance
0.90
0.00
—
—
Net Short Term Debt Issuance
0.90
0.00
—
—
Net Common Stock Issuance
18.95
0.00
—
0.00
Net Other Financing Charges
-1.00
-110.56%
-0.47
-32.73%
-0.36
-233.93%
0.27
Changes In Cash
-2.14
-72.69%
-1.24
+87.31%
-9.75
-16.26%
-8.39
Effect Of Exchange Rate Changes
0.31
+907.94%
-0.04
-107.30%
0.52
+987.06%
-0.06
Beginning Cash Position
2.89
-30.59%
4.17
-68.89%
13.40
-38.66%
21.85
End Cash Position
1.06
-63.26%
2.89
-30.59%
4.17
-68.89%
13.40
Free Cash Flow
-9.13
-324.70%
4.06
+297.72%
-2.06
+61.60%
-5.35
Interest Paid Supplemental Data
1.36
+24.81%
1.09
-33.30%
1.63
—
Income Tax Paid Supplemental Data
0.16
-10.48%
0.18
+3824.27%
0.00
-98.78%
0.37
Common Stock Issuance
18.95
0.00
—
0.00
Dividends Received CFI
—
—
0.00
-100.00%
0.11
Earnings Losses From Equity Investments
-0.63
+26.54%
-0.86
-75.05%
-0.49
+6.80%
-0.53
Issuance Of Capital Stock
18.95
0.00
—
0.00
Sale Of Business
—
—
0.00
-100.00%
3.52
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