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Solarmax (SMXT) Revenue & Revenue Breakdown

OverviewFinancialsChart

Solarmax Revenue Highlights

Latest Revenue (Y)

$54.14M

Latest Revenue (Q)

$6.33M

Main Geography (Y)

US

Solarmax Revenue by Period

Solarmax Revenue by Year

DateRevenueChange
2023-12-31$54.14M21.07%
2022-12-31$44.72M18.49%
2021-12-31$37.74M-71.32%
2020-12-31$131.58M-

Solarmax generated $54.14M in revenue during NA 2023, up 21.07% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Solarmax Revenue by Quarter

DateRevenueChange
2024-09-30$6.33M42.13%
2024-06-30$4.45M-22.72%
2024-03-31$5.76M-52.92%
2023-12-31$12.24M-14.22%
2023-09-30$14.27M-3.25%
2023-06-30$14.75M14.65%
2023-03-31$12.87M-10.88%
2022-12-31$14.44M27.23%
2022-09-30$11.35M21.75%
2022-06-30$9.32M-2.99%
2022-03-31$9.61M36.70%
2021-09-30$7.03M-51.39%
2021-06-30$14.46M-

Solarmax generated $6.33M in revenue during Q3 2024, up 42.13% compared to the previous quarter, and up 42.91% compared to the same period a year ago.

Solarmax Revenue Breakdown

Solarmax Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
US$562.05K

Solarmax's latest annual revenue breakdown by geography, as of Dec 23: US (100.00%).

Quarterly Revenue by Country

CountryMar 24
US$101.62K

Solarmax's latest quarterly revenue breakdown by geography, as of Mar 24: US (100.00%).

SMXT Revenue FAQ

What is Solarmax’s yearly revenue?

Solarmax's yearly revenue for 2023 was $54.14M, representing an increase of 21.07% compared to 2022. The company's yearly revenue for 2022 was $44.72M, representing an increase of 18.49% compared to 2021. SMXT's yearly revenue for 2021 was $37.74M, representing a decrease of -71.32% compared to 2020.

What is Solarmax’s quarterly revenue?

Solarmax's quarterly revenue for Q3 2024 was $6.33M, a 42.13% increase from the previous quarter (Q2 2024), and a -55.65% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $4.45M, a -22.72% decrease from the previous quarter (Q1 2024), and a -69.81% decrease year-over-year (Q2 2023). SMXT's quarterly revenue for Q1 2024 was $5.76M, a -52.92% decrease from the previous quarter (Q4 2023), and a -55.21% decrease year-over-year (Q1 2023).

What is Solarmax’s revenue growth rate?

Solarmax's revenue growth rate for the last 3 years (2021-2023) was 43.45%