SequelSEC

SolarMax Technology, Inc. SMXT

Construction - Special Trade Contractors · CIK 0001519472 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$10.24M
Fiscal year ended 2026-06-30
Operating income
-$4.46M
Fiscal year ended 2026-06-30
Free cash flow
Unavailable
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$50.38MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$0.89Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Construction - Special Trade Contractors filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Gross margin4.6%0th
Revenue YoY growth295.8%100th
Current ratio0.79x21th
SBC / revenue0.6%27th
Operating margin-6.9%31th
Net margin-7.0%42th

SolarMax Technology, Inc. (SMXT) reported revenue of $10.24M and net income of -$4.66M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SolarMax Technology, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Construction - Special Trade Contractors.

Income

SolarMax Technology, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$10.24M$14.83M$46.57M$30.60M$6.88M$6.93M$6.44M$6.33M$4.45M$5.76M
Cost of revenue$7.83M$11.78M$45.32M$29.65M$6.28M$5.51M$5.50M$5.07M$3.87M$6.23M
Gross profit$2.41M$3.05M$1.25M$956.21K$604.56K$1.42M$933.56K$1.26M$588.08K-$464.41K
Operating income-$4.46M$96.20K-$1.26M-$2.11M-$1.77M-$1.16M-$1.80M-$10.03M-$2.40M-$18.88M
Net income-$4.66M-$306.68K-$872.24K-$2.26M-$1.90M-$1.30M-$3.90M-$9.62M-$2.16M-$19.27M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 4.74Mshares 56.18MUnavailableshares 52.71Mshares 3.82Mshares 44.42MUnavailableshares 45.16Mshares 41.48Mshares 41.46M
Pretax income-$4.68M-$313.00K-$1.32M-$2.77M-$2.00M-$1.36M-$2.19M-$9.57M-$2.28M-$19.27M
Income tax expense-$26.04K-$6.32K-$449.21K-$515.51K-$106.22K-$63.63K$1.72M$56.81K-$114.88K$4.80K
Diluted EPS$-0.98$-0.01Unavailable$-0.04$-0.50$-0.03Unavailable$-0.21$-0.05$-0.46
Selling, general & administrative$2.61M$2.95M$2.51M$3.06M$2.37M$2.57M$2.73M$3.82M$2.99M$18.42M
General & administrative$2.56M$2.91M$2.44M$2.92M$2.30M$2.50M$2.61M$3.68M$2.90M$18.25M
Selling & marketing$49.57K$42.63K$70.84K$146.16K$70.69K$79.01K$124.91K$140.02K$86.91K$165.22K

Balance

SolarMax Technology, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$2.16M$4.31M$7.97M$5.72M$1.92M$596.25K$786.33K$871.42K$1.36M$4.93M
Total assets$110.51M$106.19M$91.29M$58.66M$38.24M$38.59M$38.63M$43.05M$51.09M$54.69M
Current assets$48.31M$80.46M$75.35M$42.06M$21.54M$21.55M$20.95M$24.17M$24.70M$27.27M
Total liabilities$126.60M$117.60M$103.50M$70.44M$53.35M$54.47M$53.71M$53.98M$53.91M$55.28M
Current liabilities$49.51M$98.02M$95.71M$57.50M$39.80M$39.02M$34.74M$37.72M$34.88M$36.39M
Total equity incl. NCI-$16.10M-$11.41M-$12.21M-$11.78M-$15.11M-$15.87M-$15.08M-$10.94M-$2.81M-$585.24K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$1.62M$1.72M$2.06M$1.61M$1.59M$2.30M$1.30M$1.52M$1.56M$1.25M
Accounts receivable$17.76M$12.28M$12.94M$13.39M$3.45M$4.28M$4.23M$4.59M$4.42M$3.98M
GoodwillUnavailableUnavailable$0$0$0$0$0$0$7.38M$7.43M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$8.65M$60.97M$59.57M$26.07M$3.91M$3.95M$2.67M$2.75M$2.11M$2.04M

Cash flow

SolarMax Technology, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow-$969.26K-$4.19M-$2.52M$3.40M$220.70K-$601.13K-$1.31M$203.62K-$1.62M-$6.40M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$0$0UnavailableUnavailable
Investing cash flow-$1.02M$548.44K$5.20M$500.61K$44.09K$93.42K$1.38M-$18.16K-$688.22K-$6.99M
Financing cash flow-$3.74K-$7.70K-$333.46K-$71.26K$1.18M$376.55K-$546.20K-$360.58K-$1.36M$15.57M
Net change in cash-$2.15M-$3.66M$2.25M$3.81M$1.32M-$189.16K-$88.79K-$521.49K-$3.61M$2.39M
Stock-based compensationUnavailableUnavailable$0$520.72K$0$0-$1$1.33M$0$17.21M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$11.52K$13.07K$13.21K$12.92K$16.85K$18.95K$10.26K$23.82K$23.55K$23.92K

Derived

SolarMax Technology, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin23.6%20.5%2.7%3.1%8.8%20.5%14.5%19.9%13.2%-8.1%
Operating margin-43.5%0.6%-2.7%-6.9%-25.7%-16.7%-27.9%-158.4%-53.9%-327.6%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailable0.0%1.7%UnavailableUnavailable-0.0%20.9%0.0%298.6%
Current ratio0.98x0.82x0.79x0.73x0.54x0.55x0.60x0.64x0.71x0.75x
Revenue YoY growth48.8%114.1%623.5%383.3%54.5%20.2%-47.4%-55.6%-69.8%-55.2%
Net margin-45.4%-2.1%-1.9%-7.4%-27.6%-18.7%-60.6%-152.0%-48.6%-334.3%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SMXT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-08View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-04-06View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-16View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.