Solarmax Historical Income Statement

SMXT Stock   1.76  0.02  1.15%   
Historical analysis of Solarmax Technology income statement accounts such as Other Operating Expenses of 63.5 M, Operating Income of 584.2 K, EBIT of 2.4 M or Ebitda of 4.3 M can show how well Solarmax Technology Common performed in making a profits. Evaluating Solarmax Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Solarmax Technology's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Solarmax Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Solarmax Technology is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solarmax Technology Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

About Solarmax Income Statement Analysis

Solarmax Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Solarmax Technology shareholders. The income statement also shows Solarmax investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Solarmax Technology Income Statement Chart

At this time, Solarmax Technology's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 525 K in 2025, whereas Total Other Income Expense Net is likely to drop (136.8 K) in 2025.

Total Revenue

Total revenue comprises all receipts Solarmax Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Solarmax Technology Common minus its cost of goods sold. It is profit before Solarmax Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Solarmax Technology income statement and represents the costs associated with goods and services Solarmax Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Solarmax Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Solarmax Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solarmax Technology Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Solarmax Technology's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 525 K in 2025, whereas Total Other Income Expense Net is likely to drop (136.8 K) in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense1.8M1.6M1.4M1.7M
Depreciation And Amortization1.4M1.6M1.5M1.0M

Solarmax Technology income statement Correlations

-0.110.380.350.43-0.25-0.41-0.320.380.5-0.39-0.62-0.450.720.61-0.54-0.130.170.410.430.57
-0.110.770.780.690.490.390.380.75-0.150.4-0.020.330.550.38-0.40.330.280.390.11-0.09
0.380.770.870.980.17-0.05-0.021.00.34-0.05-0.64-0.130.870.85-0.830.280.220.640.60.33
0.350.780.870.770.550.350.390.84-0.10.36-0.350.280.730.55-0.5-0.02-0.010.410.530.47
0.430.690.980.770.0-0.22-0.190.990.49-0.22-0.73-0.30.890.92-0.910.340.30.70.60.31
-0.250.490.170.550.00.970.980.12-0.860.960.450.94-0.02-0.360.38-0.32-0.5-0.410.110.15
-0.410.39-0.050.35-0.220.970.99-0.09-0.951.00.661.0-0.22-0.560.57-0.3-0.48-0.53-0.1-0.03
-0.320.38-0.020.39-0.190.980.99-0.07-0.930.990.620.99-0.17-0.530.54-0.34-0.5-0.53-0.050.03
0.380.751.00.840.990.12-0.09-0.070.38-0.09-0.66-0.180.870.86-0.860.310.240.650.60.31
0.5-0.150.34-0.10.49-0.86-0.95-0.930.38-0.95-0.8-0.970.470.77-0.770.340.540.640.250.11
-0.390.4-0.050.36-0.220.961.00.99-0.09-0.950.671.0-0.21-0.560.57-0.3-0.45-0.52-0.12-0.03
-0.62-0.02-0.64-0.35-0.730.450.660.62-0.66-0.80.670.72-0.64-0.90.86-0.13-0.13-0.6-0.73-0.55
-0.450.33-0.130.28-0.30.941.00.99-0.18-0.971.00.72-0.3-0.630.64-0.32-0.48-0.58-0.17-0.06
0.720.550.870.730.89-0.02-0.22-0.170.870.47-0.21-0.64-0.30.87-0.850.290.320.680.520.32
0.610.380.850.550.92-0.36-0.56-0.530.860.77-0.56-0.9-0.630.87-0.990.360.370.80.610.34
-0.54-0.4-0.83-0.5-0.910.380.570.54-0.86-0.770.570.860.64-0.85-0.99-0.48-0.37-0.81-0.58-0.23
-0.130.330.28-0.020.34-0.32-0.3-0.340.310.34-0.3-0.13-0.320.290.36-0.480.170.640.15-0.7
0.170.280.22-0.010.3-0.5-0.48-0.50.240.54-0.45-0.13-0.480.320.37-0.370.170.41-0.51-0.17
0.410.390.640.410.7-0.41-0.53-0.530.650.64-0.52-0.6-0.580.680.8-0.810.640.410.38-0.05
0.430.110.60.530.60.11-0.1-0.050.60.25-0.12-0.73-0.170.520.61-0.580.15-0.510.380.48
0.57-0.090.330.470.310.15-0.030.030.310.11-0.03-0.55-0.060.320.34-0.23-0.7-0.17-0.050.48
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Additional Tools for Solarmax Stock Analysis

When running Solarmax Technology's price analysis, check to measure Solarmax Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.