Solarmax Technology Inc. Common Stock

Solarmax Technology Inc. Common Stock

SMXTยทNASDAQ

$0.92

-0.87%
EnergySolar

SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar energy company in the United States and China. The company engages in the sale and installation of photovoltaic and battery backup systems; financing the sale of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential, commercial, and government customers. The Company was incorporated in 2008 and is based in Riverside, California.

At a Glance

Live Snapshot
Market Cap$50.00M
EPS-0.7900
P/E Ratio-1.17
Earnings Date11/14/2025
3Y+71.0%
5Y-39.0%
10Y+67.0%
3Y-411.0%
5Y-1074.0%
10Y-1575.0%
3Y-363.0%
5Y+144.0%
10Y+49.0%
SMXT

Solarmax Technology Inc. Common Stock Cash Conversion Engine

SMXT ยท NASDAQ
Net Income-34.96M
Depreciation & Amortization1.55M
Stock-Based Compensation18.54M
Change in Working Capital-3.99M
Others7.91M
Capital Expenditures0.00
Free Cash Flow-9.13M

Cash Flow Quality Analysis

FCF Conversion Rate

26.1%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

FCF Growth Trend

-341.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$3.99M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Solarmax Technology Inc. Common Stock Cash Flow Statement

SMXT โ€ข NASDAQ

Solarmax Technology Inc. Common Stock Cash Flow StatementDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2018Dec 2017
OPERATING ACTIVITIES
-35M
434.8K
-6.9M
-3.3M
952.9K
-14.6M
-11.9M
1.5M
1.6M
1.4M
359.9K
1.5M
618.8K
2.1M
1.8M
-84.2K
-92.7K
-444.7K
1.2M
54.5K
564.4K
18.5M
0.0
0.0
0.0
22.5K
0.0
0.0
7.9M
-59.2K
471.2K
-3.2M
562.6K
19.1M
14.3M
(158.8K)
(177.4K)
(4.5K)
(371.7K)
(11.4K)
(196.3K)
(80.4K)
-4M
1.9M
3.2M
1.3M
-27.4M
-6.3M
-125.6K
-9.1M
3.8M
-2M
-5.4M
-23.2M
-14.9M
-5.5M
INVESTING ACTIVITIES
(0.0)
-28K
-83.5K
(0.0)
-107.1K
-422.5K
-281.3K
(0.0)
(0.0)
(0.0)
(3.5M)
(11.4M)
(70.8K)
(133.8K)
-7.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
1.3M
0.0
0.0
0.0
0.0
0.0
392K
21K
21.4K
-197.1K
-1.5M
-31.8K
1M
183.8K
-6.3M
-6.6K
-280.5K
(2M)
(11.2M)
(648.3K)
(428.3K)
FINANCING ACTIVITIES
19M
0.0
0.0
0.0
23.7M
4.8M
5.1M
-4.6M
-4.8M
-7.1M
-5.3M
-1.6M
1.6M
5M
-995.9K
-196.7K
-356.3K
266.1K
1.4M
-932.8K
-1.1M
13.3M
-5M
-7.5M
-5.1M
23.5M
5.5M
8.9M
CASH FLOW SUMMARY
305.9K
-37.9K
518.7K
-58.5K
5.5K
0.0
0.0
-1.8M
-1.3M
-9.2M
-8.4M
11.6M
-9.4M
3.9M
2.9M
4.2M
13.4M
21.8M
10.3M
26.9M
23M
1.1M
2.9M
4.2M
13.4M
21.8M
17.4M
26.9M
-9.1M
3.8M
-2.1M
-5.4M
-23.3M
-15.3M
-5.8M

SEC Filings

SMXT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2025

N/A

January 06, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

November 17, 2025
November 17, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 14, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 12, 2025
November 10, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
July 31, 2025
2025
DEF 14A

DEF 14A 2025

N/A

October 14, 2025
November 10, 2025
2025
8-K

8-K 2025

N/A

September 30, 2025
September 26, 2025
2025
8-K

8-K 2025

N/A

September 25, 2025
September 21, 2025
2025
8-K

8-K 2025

N/A

August 15, 2025
August 14, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 14, 2025
June 30, 2025
2025
Showing 1 to 10 of 51 filings