vs

Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) and SolarMax Technology, Inc. (SMXT). Click either name above to swap in a different company.

InvenTrust Properties Corp. is the larger business by last-quarter revenue ($77.4M vs $46.6M, roughly 1.7× SolarMax Technology, Inc.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs -1.9%, a 5.3% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 8.6%).

InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.

SolarMax Technology, Inc. develops, manufactures and sells high-efficiency solar PV modules and clean energy systems. It serves residential, commercial and industrial clients in North America and key Asia-Pacific markets, offering installation and after-sales support to boost low-carbon energy use.

IVT vs SMXT — Head-to-Head

Bigger by revenue
IVT
IVT
1.7× larger
IVT
$77.4M
$46.6M
SMXT
Growing faster (revenue YoY)
SMXT
SMXT
+614.8% gap
SMXT
623.5%
8.6%
IVT
Higher net margin
IVT
IVT
5.3% more per $
IVT
3.4%
-1.9%
SMXT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVT
IVT
SMXT
SMXT
Revenue
$77.4M
$46.6M
Net Profit
$2.7M
$-872.2K
Gross Margin
2.7%
Operating Margin
-11.0%
-2.7%
Net Margin
3.4%
-1.9%
Revenue YoY
8.6%
623.5%
Net Profit YoY
-72.8%
77.7%
EPS (diluted)
$0.02
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IVT
IVT
SMXT
SMXT
Q4 25
$77.4M
$46.6M
Q3 25
$74.5M
$30.6M
Q2 25
$73.6M
$6.9M
Q1 25
$73.8M
$6.9M
Q4 24
$71.2M
$6.4M
Q3 24
$68.5M
$6.3M
Q2 24
$67.4M
Q1 24
$66.8M
Net Profit
IVT
IVT
SMXT
SMXT
Q4 25
$2.7M
$-872.2K
Q3 25
$6.0M
$-2.3M
Q2 25
$95.9M
$-1.9M
Q1 25
$6.8M
$-1.3M
Q4 24
$9.8M
$-3.9M
Q3 24
$-539.0K
$-9.6M
Q2 24
$1.5M
Q1 24
$2.9M
Gross Margin
IVT
IVT
SMXT
SMXT
Q4 25
2.7%
Q3 25
3.1%
Q2 25
8.8%
Q1 25
20.5%
Q4 24
14.5%
Q3 24
19.9%
Q2 24
Q1 24
Operating Margin
IVT
IVT
SMXT
SMXT
Q4 25
-11.0%
-2.7%
Q3 25
-9.8%
-6.9%
Q2 25
-25.7%
Q1 25
-10.5%
-16.7%
Q4 24
-3.6%
-27.9%
Q3 24
-18.7%
-158.4%
Q2 24
-13.6%
Q1 24
-13.1%
Net Margin
IVT
IVT
SMXT
SMXT
Q4 25
3.4%
-1.9%
Q3 25
8.1%
-7.4%
Q2 25
130.4%
-27.6%
Q1 25
9.2%
-18.7%
Q4 24
13.8%
-60.6%
Q3 24
-0.8%
-152.0%
Q2 24
2.2%
Q1 24
4.3%
EPS (diluted)
IVT
IVT
SMXT
SMXT
Q4 25
$0.02
$-0.02
Q3 25
$0.08
$-0.04
Q2 25
$1.23
$-0.04
Q1 25
$0.09
$-0.03
Q4 24
$0.14
$-0.07
Q3 24
$-0.01
$-0.21
Q2 24
$0.02
Q1 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IVT
IVT
SMXT
SMXT
Cash + ST InvestmentsLiquidity on hand
$8.0M
Total DebtLower is stronger
$825.9M
Stockholders' EquityBook value
$1.8B
$-12.2M
Total Assets
$2.8B
$91.3M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVT
IVT
SMXT
SMXT
Q4 25
$8.0M
Q3 25
$5.7M
Q2 25
$1.9M
Q1 25
$6.8M
Q4 24
$7.1M
Q3 24
$8.6M
Q2 24
Q1 24
Total Debt
IVT
IVT
SMXT
SMXT
Q4 25
$825.9M
Q3 25
$764.6M
Q2 25
$746.3M
Q1 25
$740.7M
Q4 24
$740.4M
Q3 24
$740.1M
Q2 24
$812.2M
Q1 24
$827.5M
Stockholders' Equity
IVT
IVT
SMXT
SMXT
Q4 25
$1.8B
$-12.2M
Q3 25
$1.8B
$-11.8M
Q2 25
$1.8B
$-15.1M
Q1 25
$1.7B
$-15.9M
Q4 24
$1.8B
$-15.1M
Q3 24
$1.8B
$-10.9M
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
IVT
IVT
SMXT
SMXT
Q4 25
$2.8B
$91.3M
Q3 25
$2.7B
$58.7M
Q2 25
$2.7B
$38.2M
Q1 25
$2.6B
$38.6M
Q4 24
$2.6B
$38.6M
Q3 24
$2.6B
$43.0M
Q2 24
$2.5B
Q1 24
$2.5B
Debt / Equity
IVT
IVT
SMXT
SMXT
Q4 25
0.46×
Q3 25
0.42×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.53×
Q1 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IVT
IVT
SMXT
SMXT
Operating Cash FlowLast quarter
$155.4M
$-2.5M
Free Cash FlowOCF − Capex
$110.9M
FCF MarginFCF / Revenue
143.3%
Capex IntensityCapex / Revenue
57.5%
Cash ConversionOCF / Net Profit
58.41×
TTM Free Cash FlowTrailing 4 quarters
$193.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVT
IVT
SMXT
SMXT
Q4 25
$155.4M
$-2.5M
Q3 25
$43.8M
$3.4M
Q2 25
$48.7M
$220.7K
Q1 25
$20.2M
$-601.1K
Q4 24
$136.9M
$-1.3M
Q3 24
$38.4M
$203.6K
Q2 24
$46.7M
Q1 24
$14.8M
Free Cash Flow
IVT
IVT
SMXT
SMXT
Q4 25
$110.9M
Q3 25
$31.4M
Q2 25
$38.0M
Q1 25
$12.8M
Q4 24
$100.8M
Q3 24
$29.3M
Q2 24
$37.2M
Q1 24
$7.7M
FCF Margin
IVT
IVT
SMXT
SMXT
Q4 25
143.3%
Q3 25
42.2%
Q2 25
51.6%
Q1 25
17.4%
Q4 24
141.5%
Q3 24
42.8%
Q2 24
55.2%
Q1 24
11.5%
Capex Intensity
IVT
IVT
SMXT
SMXT
Q4 25
57.5%
Q3 25
16.7%
Q2 25
14.6%
Q1 25
10.0%
Q4 24
50.7%
Q3 24
13.3%
0.0%
Q2 24
14.0%
Q1 24
10.6%
Cash Conversion
IVT
IVT
SMXT
SMXT
Q4 25
58.41×
Q3 25
7.27×
Q2 25
0.51×
Q1 25
2.97×
Q4 24
13.97×
Q3 24
Q2 24
31.15×
Q1 24
5.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IVT
IVT

Segment breakdown not available.

SMXT
SMXT

Yabucoa$35.9M77%
Other$10.7M23%

Related Comparisons