SolarMax Technology (SolarMax Technology) Pre-Tax Income : $-19.44 Mil (TTM As of Mar. 2024)

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What is SolarMax Technology Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. SolarMax Technology's pretax income for the three months ended in Mar. 2024 was $-19.27 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-19.44 Mil. SolarMax Technology's pretax margin was -334.26%.

During the past 7 years, SolarMax Technology's highest Pretax Margin was 1.86%. The lowest was -41.33%. And the median was -9.59%.

SolarMax Technology Pre-Tax Income Historical Data

The historical data trend for SolarMax Technology's Pre-Tax Income 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 Pre-Tax Income Chart

SolarMax Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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-14.71

2.44

-3.62

-6.83

0.37

SolarMax Technology Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															0.54	-1.37	1.32	-0.13	-19.27

Competitive Comparison of SolarMax Technology's Pre-Tax Income

For the Solar subindustry, SolarMax Technology's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where SolarMax Technology's Pre-Tax Income falls into.

SolarMax Technology Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

SolarMax Technology's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	0.484	+	1.395	+	-1.577	+	0.069	+	-5.5511151231258E-17
	=	0.37

SolarMax Technology's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-18.881	+	-0.018	+	-0.384	+	0.016	+	3.5527136788005E-15
	=	-19.27

Pre-Tax Income 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 $-19.44 Mil.

SolarMax Technology (NAS:SMXT) Pre-Tax Income Explanation

SolarMax Technology's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-19.267	/	5.764
	=	-334.26%

During the past 7 years, SolarMax Technology's highest Pretax Margin was 1.86%. The lowest was -41.33%. And the median was -9.59%.

SolarMax Technology Pre-Tax Income Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarMax Technology Inc (NAS:SMXT) » Definitions » Pre-Tax Income

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6W1:Germany

Address

3080 12th Street, Riverside, CA, USA, 92507

Website

http://www.solarmaxtech.com

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

From GuruFocus

SolarMax Technology, Inc. Announces Pricing of Initial Public Offering and listing on Nasdaq

By PRNewswire • 02-27-2024