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SolarMax Technology, Inc. Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-18Dec-31-17
Revenues37.7131.689.888.9
            Revenue growth-71.3% 1.0% 
Cost of goods sold31.8115.180.678.3
Gross profit5.916.49.310.6
            Gross margin15.8%12.5%10.3%11.9%
Sales and marketing1.21.33.43.3
Research and development  30.955.0
General and administrative10.911.516.815.5
EBIT-5.93.8-11.4-9.5
            EBIT margin-15.6%2.9%-12.7%-10.7%
Pre-tax income-3.62.4-14.7-11.0
Income taxes-0.31.50.01.1
            Tax rate8.3%61.0%0.0% 
Net income-3.31.0-14.6-11.9
            Net margin-8.8%0.7%-16.3%-13.4%
 
Diluted EPS($0.08)$0.02($0.22)($0.18)
Shares outstanding (diluted)39.740.066.365.2
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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