Revenue: As of FY2025 Q3, the actual value is USD 30.6 M.EPS: As of FY2025 Q3, the actual value is USD -0.04.<h3>Financial Highlights</h3><ul><li>Revenue: $30.6 million, a significant increase of 383% from $6.3 million in the third quarter of 2024.</li><li>Gross Profit: $956,000, a decrease of 24% from $1.3 million in the third quarter of 2024, attributed to the timing of revenue recognition versus gross profit on a large industrial project.</li><li>Total Operating Expense: $3.1 million, reduced by $8.2 million from $11.3 million in the third quarter of 2024.</li><li>Net Loss: $2.3 million, or $0.04 per share, showing a $7.3 million improvement from a net loss of $9.6 million, or $0.21 per share, in the third quarter of 2024.</li></ul><h3>Outlook / Guidance</h3><ul><li>The company recognized its first revenues from the Texas battery storage project, marking a milestone in its marketing efforts for industrial projects. Although the $24.1 million recognized did not generate significant gross profit due to accounting treatment, it is expected that gross profit will align with revenue as project milestones are completed.</li><li>SolarMax is focusing on disciplined cost management, diversification across end markets, and ramping up industrial projects to strengthen its business foundation and position for sustained growth and long-term shareholder value.</li></ul>

SolarMax Tech | 8-K: FY2025 Q3 Revenue: USD 30.6 M