SolarMax Q1 FY26 net loss narrows to USD 306,000; revenue more than doubles to USD 14.83 million

SolarMax Technology, Inc.

SMXT

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SolarMax Technology posted Q1 revenue of USD 14.83 million, more than doubled from a year earlier.
Net loss narrowed to USD 306,000, from USD 1.3 million a year earlier.
Gross margin held at 20.5%, versus 20.4% a year earlier.
Large-scale EPC contracts generated USD 5.2 million of revenue, while solar energy sales climbed 39.6% to USD 8.09 million.
Operating cash outflow widened to USD 4.19 million from USD 601,000, pressured by a USD 4.6 million net working-capital drag.

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