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Side-by-side financial comparison of SolarMax Technology, Inc. (SMXT) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.

VIEMED HEALTHCARE, INC. is the larger business by last-quarter revenue ($76.2M vs $46.6M, roughly 1.6× SolarMax Technology, Inc.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -1.9%, a 9.3% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 25.5%).

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.

Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.

SMXT vs VMD — Head-to-Head

Bigger by revenue
VMD
VMD
1.6× larger
VMD
$76.2M
$46.6M
SMXT
Growing faster (revenue YoY)
SMXT
SMXT
+598.0% gap
SMXT
623.5%
25.5%
VMD
Higher net margin
VMD
VMD
9.3% more per $
VMD
7.4%
-1.9%
SMXT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SMXT
SMXT
VMD
VMD
Revenue
$46.6M
$76.2M
Net Profit
$-872.2K
$5.6M
Gross Margin
2.7%
57.9%
Operating Margin
-2.7%
11.0%
Net Margin
-1.9%
7.4%
Revenue YoY
623.5%
25.5%
Net Profit YoY
77.7%
30.7%
EPS (diluted)
$-0.02
$0.14

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
SMXT
SMXT
VMD
VMD
Q4 25
$46.6M
$76.2M
Q3 25
$30.6M
$71.9M
Q2 25
$6.9M
$63.1M
Q1 25
$6.9M
$59.1M
Q4 24
$6.4M
$60.7M
Q3 24
$6.3M
$58.0M
Q2 24
$55.0M
Q1 24
$50.6M
Net Profit
SMXT
SMXT
VMD
VMD
Q4 25
$-872.2K
$5.6M
Q3 25
$-2.3M
$3.5M
Q2 25
$-1.9M
$3.2M
Q1 25
$-1.3M
$2.6M
Q4 24
$-3.9M
$4.3M
Q3 24
$-9.6M
$3.9M
Q2 24
$1.5M
Q1 24
$1.6M
Gross Margin
SMXT
SMXT
VMD
VMD
Q4 25
2.7%
57.9%
Q3 25
3.1%
57.5%
Q2 25
8.8%
58.3%
Q1 25
20.5%
56.3%
Q4 24
14.5%
59.5%
Q3 24
19.9%
59.3%
Q2 24
59.8%
Q1 24
58.9%
Operating Margin
SMXT
SMXT
VMD
VMD
Q4 25
-2.7%
11.0%
Q3 25
-6.9%
7.8%
Q2 25
-25.7%
8.1%
Q1 25
-16.7%
6.5%
Q4 24
-27.9%
10.6%
Q3 24
-158.4%
9.7%
Q2 24
6.6%
Q1 24
4.4%
Net Margin
SMXT
SMXT
VMD
VMD
Q4 25
-1.9%
7.4%
Q3 25
-7.4%
4.9%
Q2 25
-27.6%
5.0%
Q1 25
-18.7%
4.4%
Q4 24
-60.6%
7.1%
Q3 24
-152.0%
6.7%
Q2 24
2.7%
Q1 24
3.2%
EPS (diluted)
SMXT
SMXT
VMD
VMD
Q4 25
$-0.02
$0.14
Q3 25
$-0.04
$0.09
Q2 25
$-0.04
$0.08
Q1 25
$-0.03
$0.06
Q4 24
$-0.07
$0.10
Q3 24
$-0.21
$0.10
Q2 24
$0.04
Q1 24
$0.04

Balance Sheet & Financial Strength

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

Metric
SMXT
SMXT
VMD
VMD
Cash + ST InvestmentsLiquidity on hand
$8.0M
$13.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-12.2M
$141.5M
Total Assets
$91.3M
$199.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMXT
SMXT
VMD
VMD
Q4 25
$8.0M
$13.5M
Q3 25
$5.7M
$11.1M
Q2 25
$1.9M
$20.0M
Q1 25
$6.8M
$10.2M
Q4 24
$7.1M
$17.5M
Q3 24
$8.6M
$11.3M
Q2 24
$8.8M
Q1 24
$7.3M
Stockholders' Equity
SMXT
SMXT
VMD
VMD
Q4 25
$-12.2M
$141.5M
Q3 25
$-11.8M
$133.6M
Q2 25
$-15.1M
$139.7M
Q1 25
$-15.9M
$134.8M
Q4 24
$-15.1M
$131.4M
Q3 24
$-10.9M
$125.0M
Q2 24
$119.4M
Q1 24
$116.3M
Total Assets
SMXT
SMXT
VMD
VMD
Q4 25
$91.3M
$199.2M
Q3 25
$58.7M
$202.4M
Q2 25
$38.2M
$184.6M
Q1 25
$38.6M
$178.1M
Q4 24
$38.6M
$177.1M
Q3 24
$43.0M
$169.5M
Q2 24
$163.9M
Q1 24
$154.9M

Cash Flow & Capital Efficiency

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

Metric
SMXT
SMXT
VMD
VMD
Operating Cash FlowLast quarter
$-2.5M
$18.4M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
11.5%
Cash ConversionOCF / Net Profit
3.27×
TTM Free Cash FlowTrailing 4 quarters
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMXT
SMXT
VMD
VMD
Q4 25
$-2.5M
$18.4M
Q3 25
$3.4M
$18.4M
Q2 25
$220.7K
$12.3M
Q1 25
$-601.1K
$2.9M
Q4 24
$-1.3M
$15.0M
Q3 24
$203.6K
$12.7M
Q2 24
$10.2M
Q1 24
$1.2M
Free Cash Flow
SMXT
SMXT
VMD
VMD
Q4 25
$9.7M
Q3 25
$10.7M
Q2 25
$4.1M
Q1 25
$-12.6M
Q4 24
$3.2M
Q3 24
$1.7M
Q2 24
$1.2M
Q1 24
$-4.8M
FCF Margin
SMXT
SMXT
VMD
VMD
Q4 25
12.7%
Q3 25
14.9%
Q2 25
6.5%
Q1 25
-21.4%
Q4 24
5.2%
Q3 24
3.0%
Q2 24
2.3%
Q1 24
-9.5%
Capex Intensity
SMXT
SMXT
VMD
VMD
Q4 25
11.5%
Q3 25
10.6%
Q2 25
12.9%
Q1 25
26.2%
Q4 24
19.5%
Q3 24
0.0%
19.0%
Q2 24
16.3%
Q1 24
11.9%
Cash Conversion
SMXT
SMXT
VMD
VMD
Q4 25
3.27×
Q3 25
5.23×
Q2 25
3.88×
Q1 25
1.09×
Q4 24
3.47×
Q3 24
3.29×
Q2 24
6.94×
Q1 24
0.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SMXT
SMXT

Yabucoa$35.9M77%
Other$10.7M23%

VMD
VMD

Segment breakdown not available.

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