Solarmax Technology (SMXT)

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SolarMax Technology Inc. is an integrated renewable energy company with operations linked to the development, sale, installation, and management of solar power systems. The company serves customers in the distributed solar market while also participating in larger solar project activity through its operations in China.

In the United States, SolarMax’s business focuses on photovoltaic systems and battery backup solutions for residential and commercial customers. This includes system design, equipment procurement, installation, and related services that help customers generate electricity from rooftop or on-site solar assets. Its product offering has included solar panels and related equipment from established manufacturers such as LG, Q CELLS, Panasonic, and other suppliers, alongside battery and power-management components used to support energy storage and resilience.

The company’s China operations are centered on solar farm projects. These activities include operating and maintaining solar assets, as well as identifying, acquiring, or procuring solar farm projects that may be resold to third parties. This gives SolarMax exposure to both distributed generation and utility-scale solar markets, although its revenue base is primarily tied to solar energy systems.

SolarMax operates in an industry shaped by electricity prices, government incentives, financing availability, grid interconnection rules, and demand for cleaner energy. Its business model is tied to the broader adoption of solar power and battery storage as customers look to lower energy costs, reduce carbon emissions, and improve backup power capability. For investors, the stock offers exposure to a small-cap solar company with a mix of installation services, equipment sales, and project-related renewable energy activity.

0.53 USD
0.53 USD
−0.01 (-1.07%)
After-hours

Last updated

Market Cap
30.16M
P/E
P/FCF
P/S
0.31
Enterprise Value
50.23M
Sector
Industry
Address
3080 12TH STREET, RIVERSIDE, CA, 92507
Market Cap
30.16M
Enterprise Value
50.23M
P/E
P/B
-2.64
P/S
0.31
EV / EBITDA
-10.07
EV / Sales
0.51
EPS
-0.09
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
46.77%
ROA
-5.02%
Debt / Equity
-2.14
Current Ratio
0.82
Quick Ratio
0.8
Cash
0.04
Avg Volume
98.37K
Fundamentals Snapshot Price
0.53

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 14.83M 46.57M 30.6M 6.88M 6.93M
Gross profit 3.05M 1.25M 956.21K 604.56K 1.42M
Operating income 96.2K -1.26M -2.11M -1.77M -1.16M
EBITDA 109.27K -1.25M -2.1M -1.75M -1.14M
Net income -306.68K -872.25K -2.26M -1.9M -1.3M
Basic EPS -0.01 -0.02 -0.04 -0.04 -0.03
Diluted EPS -0.01 -0.02 -0.04 -0.04 -0.03

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 106.19M 91.29M 58.66M 38.24M 38.59M
Total liabilities 117.6M 103.5M 70.44M 53.35M 54.47M
Total equity -11.41M -12.21M -11.78M -15.11M -15.87M
Cash & equivalents 4.31M 7.97M 5.72M 1.92M 596.25K
Current assets 80.46M 75.35M 42.06M 21.54M 21.55M
Current liabilities 98.02M 95.71M 57.5M 39.8M 39.02M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -4.19M -2.52M 3.4M 220.7K -601.13K
Investing cash flow 548.44K 5.2M 500.61K 44.09K 93.42K
Financing cash flow -7.7K -333.46K -71.26K 1.18M 376.55K
Change in cash -3.66M 2.25M 3.81M 1.32M -189.16K
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