Income Statement

SOLARMAX TECHNOLOGY, INC.

SMXT

Performance Overview Click any row in the table to add it to this chart

in millions USD

Metric	Dec 31, 2024 2024 FY	Dec 31, 2023 2023 FY
Revenue	22.99	54.14
Cost of Revenue	20.67	42.99
Gross Profit	4.11	11.15
Operating Expenses	35.42	10.67
Research & Development	-	-
Selling, General & Administrative	27.44	9.51
Other Operating Expenses	-	-
Operating Income	-31.31	0.48
Non-Operating Income	0.33	-0.11
Interest Income	0.50	0.07
Interest Expense	1.09	0.53
Other Non-Op Income / Expense	-0.14	0.50
Income Before Tax	-33.30	0.44
Income Tax Expense	1.66	-0.06
Non-Controlling Interest	-	-
Net Income	-34.96	0.43

Supplemental Per share data, derived & other items — not part of the income statement

in millions USD unless noted