SolarMax Technology Past Earnings Performance
Past criteria checks 0/6
SolarMax Technology has been growing earnings at an average annual rate of 18.7%, while the Electrical industry saw earnings growing at 23.7% annually. Revenues have been declining at an average rate of 12.6% per year.
Key information
18.7%
Earnings growth rate
18.9%
EPS growth rate
| Electrical Industry Growth | 30.3% |
| Revenue growth rate | -12.6% |
| Return on equity | n/a |
| Net Margin | -41.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How SolarMax Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 47 | -20 | 28 | 0 |
| 31 Dec 23 | 54 | 0 | 11 | 0 |
| 30 Sep 23 | 56 | 1 | 12 | 0 |
| 30 Jun 23 | 53 | -2 | 11 | 0 |
| 31 Mar 23 | 48 | -5 | 14 | 0 |
| 31 Dec 22 | 45 | -7 | 15 | 0 |
| 30 Sep 22 | 39 | -9 | 16 | 0 |
| 30 Jun 22 | 35 | -7 | 16 | 0 |
| 31 Mar 22 | 40 | -3 | 12 | 0 |
| 31 Dec 21 | 38 | -3 | 12 | 0 |
| 31 Dec 20 | 132 | 1 | 13 | 0 |
| 30 Sep 19 | 57 | -11 | 19 | 0 |
| 30 Jun 19 | 66 | -14 | 21 | 0 |
| 31 Mar 19 | 87 | -15 | 21 | 0 |
| 31 Dec 18 | 90 | -15 | 20 | 0 |
| 30 Sep 18 | 88 | -14 | 18 | 0 |
| 30 Jun 18 | 94 | -11 | 17 | 0 |
| 31 Mar 18 | 88 | -9 | 17 | 0 |
| 31 Dec 17 | 89 | -12 | 19 | 0 |
| 30 Sep 17 | 81 | -12 | 22 | 0 |
| 30 Jun 17 | 60 | -15 | 22 | 0 |
| 31 Mar 17 | 63 | -13 | 21 | 0 |
| 31 Dec 16 | 79 | -8 | 18 | 0 |
| 30 Sep 16 | 75 | -6 | 12 | 0 |
| 30 Jun 16 | 76 | -5 | 12 | 0 |
| 31 Mar 16 | 56 | -6 | 11 | 0 |
| 31 Dec 15 | 36 | -7 | 10 | 0 |
| 31 Dec 14 | 38 | -9 | 11 | 0 |
Quality Earnings: 6W1 is currently unprofitable.
Growing Profit Margin: 6W1 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6W1 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.7% per year.
Accelerating Growth: Unable to compare 6W1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6W1 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (14.1%).
Return on Equity
High ROE: 6W1's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.