Income Statement (TTM)
SolarMax Technology, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 132 | 38 | 40 | 35 | 39 | 45 | 48 | 53 | 56 | 54 | 47 | 37 | 29 | 23 | 24 | 27 |
| Change (%) | -71.32 | 5.05 | -12.96 | 12.52 | 15.17 | 7.29 | 11.32 | 5.48 | -3.90 | -13.12 | -21.90 | -21.62 | -20.17 | 5.06 | 10.06 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 115 | 32 | 33 | 29 | 33 | 37 | 41 | 44 | 45 | 43 | 38 | 30 | 23 | 19 | 19 | 21 |
| Change (%) | -72.38 | 3.56 | -12.51 | 13.96 | 13.42 | 9.08 | 9.50 | 1.45 | -4.71 | -10.62 | -22.92 | -21.66 | -16.35 | -3.71 | 12.91 | |
| % of Revenue | 87.50 | 84.24 | 83.06 | 83.49 | 84.56 | 83.27 | 84.66 | 83.27 | 80.09 | 79.41 | 81.69 | 80.62 | 80.57 | 84.43 | 77.38 | 79.39 |
| Gross Operating Profit | 16 | 6 | 7 | 6 | 6 | 7 | 7 | 9 | 11 | 11 | 9 | 7 | 6 | 4 | 5 | 5 |
| Change (%) | -63.85 | 12.96 | -15.17 | 5.23 | 24.77 | -1.61 | 21.39 | 25.54 | -0.61 | -22.75 | -17.33 | -21.44 | -36.01 | 52.62 | 0.30 | |
| % of Revenue | 12.50 | 15.76 | 16.94 | 16.51 | 15.44 | 16.73 | 15.34 | 16.73 | 19.91 | 20.59 | 18.31 | 19.38 | 19.43 | 15.57 | 22.62 | 20.61 |
| SG&A | 13 | 12 | 12 | 16 | 16 | 15 | 14 | 11 | 11 | 11 | 28 | 28 | 11 | 11 | -5 | -6 |
| Change (%) | -4.42 | 1.20 | 28.42 | 0.60 | -2.72 | -9.31 | -24.15 | -0.17 | 0.51 | 158.19 | -0.01 | -60.21 | -2.46 | -148.27 | 11.91 | |
| % of Revenue | 9.66 | 32.19 | 31.01 | 45.75 | 40.91 | 34.55 | 29.21 | 19.90 | 18.84 | 19.70 | 58.54 | 74.95 | 38.04 | 46.48 | -21.35 | -21.71 |
| R&D | ||||||||||||||||
| Change (%) | ||||||||||||||||
| % of Revenue | ||||||||||||||||
| OpEx | 128 | 44 | 45 | 45 | 49 | 53 | 55 | 55 | 56 | 54 | 66 | 57 | 34 | 30 | 14 | 15 |
| Change (%) | -65.63 | 2.91 | -1.38 | 9.23 | 8.16 | 3.69 | 0.87 | 1.13 | -3.72 | 22.93 | -13.36 | -40.24 | -11.89 | -55.04 | 13.29 | |
| % of Revenue | 97.16 | 116.43 | 114.07 | 129.24 | 125.46 | 117.82 | 113.87 | 103.17 | 98.92 | 99.11 | 140.23 | 155.57 | 118.62 | 130.91 | 56.03 | 57.67 |
| Operating Income | 4 | -6 | -6 | -10 | -10 | -8 | -7 | -2 | 1 | 0 | -19 | -20 | -5 | -7 | 11 | 11 |
| Change (%) | -265.72 | -10.07 | 80.94 | -2.01 | -19.39 | -16.53 | -74.54 | -135.76 | -20.13 | -4,011.14 | 7.87 | -73.74 | 32.55 | -249.46 | 5.94 | |
| % of Revenue | 2.84 | -16.43 | -14.07 | -29.24 | -25.46 | -17.82 | -13.87 | -3.17 | 1.08 | 0.89 | -40.23 | -55.57 | -18.62 | -30.91 | 43.97 | 42.33 |
| Interest Expense | -3 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 | -2 |
| Change (%) | -37.83 | -8.50 | 1.99 | -13.58 | 13.46 | 3.06 | -4.84 | -3.22 | -2.49 | -0.87 | -3.84 | 4.37 | -6.91 | -0.96 | -1.43 | |
| % of Revenue | -2.44 | -5.29 | -4.61 | -5.40 | -4.15 | -4.09 | -3.92 | -3.35 | -3.08 | -3.12 | -3.56 | -4.39 | -5.84 | -6.81 | -6.42 | -5.75 |
| Net Income | 1 | -3 | -3 | -7 | -9 | -7 | -5 | -2 | 1 | 0 | -20 | -20 | -31 | -35 | -17 | -17 |
| Change (%) | -440.87 | -14.08 | 135.46 | 39.71 | -26.76 | -22.36 | -59.07 | -152.10 | -61.79 | -4,603.32 | 1.56 | 55.76 | 12.88 | -51.41 | -1.56 | |
| % of Revenue | 0.74 | -8.80 | -7.20 | -19.47 | -24.17 | -15.37 | -11.12 | -4.09 | 2.02 | 0.80 | -41.63 | -54.13 | -107.57 | -152.10 | -70.34 | -62.91 |
Source: Capital IQ
