<span item_type="fundamental" item_id="36e23ae2718685450257d4135a2f2bed" counter_id="ST/US/SMXT" env="prod"></span><span item_type="announcement" item_id="634866006109194113" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 91 M.</p><p>EPS: As of FY2025, the actual value is USD -0.13.</p><p></p><h4>Fiscal Year 2025 Financial Highlights</h4><p>SolarMax Technology, Inc. reported a gross profit of $4.2 million in fiscal year 2025, an 83% increase from $2.3 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span> Total operating expense was $10.5 million, marking a $24.9 million reduction compared to $35.4 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span> The company experienced a net loss of - $6.3 million, representing a $28.6 million improvement from a net loss of - $35.0 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span></p><h4>Segment Revenue</h4><p>Revenue from engineering, procurement and construction (“EPC”) services amounted to $60.2 million, contributing 66% of the total revenue during the fiscal year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span></p><h4>Unique Metrics</h4><p>SolarMax Technology, Inc. has three previously announced Battery Energy Storage System (“BESS”) contracts for large-scale projects in Texas and Puerto Rico, which represent more than $500 million in expected revenue based on the terms of the contracts.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span></p><h4>Outlook</h4><p>SolarMax Technology, Inc. remains confident in its ability to scale its platform and capitalize on the accelerating demand for energy storage infrastructure.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span> The company aims to generate growth through strategic initiatives focused on scaling commercial solar development services, providing EPC services for industrial projects and LED lighting solutions in the US, and expanding its residential solar operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1519472/000164033426000665/solarmax_ex991.htm"></span></p>

SolarMax Tech | 8-K: FY2025 Revenue: USD 91 M