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SolarMax Technology (SolarMax Technology) Revenue : $47.04 Mil (TTM As of Mar. 2024)


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What is SolarMax Technology Revenue?

SolarMax Technology's revenue for the three months ended in Mar. 2024 was $5.76 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $47.04 Mil. SolarMax Technology's Revenue per Share for the three months ended in Mar. 2024 was $0.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.07.

Warning Sign:

SolarMax Technology Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of SolarMax Technology was 3.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -24.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -15.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 7 years, SolarMax Technology's highest 3-Year average Revenue per Share Growth Rate was 16.10% per year. The lowest was -26.40% per year. And the median was -23.25% per year.


SolarMax Technology Revenue Historical Data

The historical data trend for SolarMax Technology's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SolarMax Technology Revenue Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 89.83 131.58 37.74 44.72 54.14

SolarMax Technology Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.87 14.75 14.27 12.24 5.76

Competitive Comparison of SolarMax Technology's Revenue

For the Solar subindustry, SolarMax Technology's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SolarMax Technology's Revenue Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's Revenue distribution charts can be found below:

* The bar in red indicates where SolarMax Technology's Revenue falls into.



SolarMax Technology Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.04 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SolarMax Technology  (NAS:SMXT) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


SolarMax Technology Revenue Related Terms

Thank you for viewing the detailed overview of SolarMax Technology's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


SolarMax Technology (SolarMax Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines