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Side-by-side financial comparison of SolarMax Technology, Inc. (SMXT) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.
Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $46.6M, roughly 1.3× SolarMax Technology, Inc.). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -1.9%, a 0.6% gap on every dollar of revenue. On growth, SolarMax Technology, Inc. posted the faster year-over-year revenue change (623.5% vs 4.8%).
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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
SMXT vs VTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $46.6M | $58.6M |
| Net Profit | $-872.2K | $-739.0K |
| Gross Margin | 2.7% | — |
| Operating Margin | -2.7% | -12.0% |
| Net Margin | -1.9% | -1.3% |
| Revenue YoY | 623.5% | 4.8% |
| Net Profit YoY | 77.7% | 85.6% |
| EPS (diluted) | $-0.02 | $-0.01 |
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.
| Q4 25 | $46.6M | $58.6M | ||
| Q3 25 | $30.6M | $67.4M | ||
| Q2 25 | $6.9M | $81.8M | ||
| Q1 25 | $6.9M | $66.2M | ||
| Q4 24 | $6.4M | $55.9M | ||
| Q3 24 | $6.3M | $58.3M | ||
| Q2 24 | — | $66.6M | ||
| Q1 24 | — | $61.2M |
| Q4 25 | $-872.2K | $-739.0K | ||
| Q3 25 | $-2.3M | $-1.3M | ||
| Q2 25 | $-1.9M | $24.7M | ||
| Q1 25 | $-1.3M | $2.7M | ||
| Q4 24 | $-3.9M | $-5.1M | ||
| Q3 24 | $-9.6M | $17.4M | ||
| Q2 24 | — | $10.9M | ||
| Q1 24 | — | $-2.2M |
| 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 | — | — |
| Q4 25 | -2.7% | -12.0% | ||
| Q3 25 | -6.9% | 0.2% | ||
| Q2 25 | -25.7% | 22.8% | ||
| Q1 25 | -16.7% | 8.1% | ||
| Q4 24 | -27.9% | 3.7% | ||
| Q3 24 | -158.4% | 15.4% | ||
| Q2 24 | — | 25.2% | ||
| Q1 24 | — | 21.4% |
| Q4 25 | -1.9% | -1.3% | ||
| Q3 25 | -7.4% | -1.9% | ||
| Q2 25 | -27.6% | 30.2% | ||
| Q1 25 | -18.7% | 4.0% | ||
| Q4 24 | -60.6% | -9.2% | ||
| Q3 24 | -152.0% | 29.9% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | — | -3.6% |
| Q4 25 | $-0.02 | $-0.01 | ||
| Q3 25 | $-0.04 | $-0.03 | ||
| Q2 25 | $-0.04 | $0.60 | ||
| Q1 25 | $-0.03 | $0.08 | ||
| Q4 24 | $-0.07 | $-0.15 | ||
| Q3 24 | $-0.21 | $0.53 | ||
| Q2 24 | — | $0.33 | ||
| Q1 24 | — | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-12.2M | $629.3M |
| Total Assets | $91.3M | $893.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.0M | — | ||
| Q3 25 | $5.7M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $6.8M | $4.5M | ||
| Q4 24 | $7.1M | $3.0M | ||
| Q3 24 | $8.6M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-12.2M | $629.3M | ||
| Q3 25 | $-11.8M | $650.3M | ||
| Q2 25 | $-15.1M | $671.9M | ||
| Q1 25 | $-15.9M | $667.7M | ||
| Q4 24 | $-15.1M | $500.3M | ||
| Q3 24 | $-10.9M | $520.4M | ||
| Q2 24 | — | $518.5M | ||
| Q1 24 | — | $522.7M |
| Q4 25 | $91.3M | $893.4M | ||
| Q3 25 | $58.7M | $932.9M | ||
| Q2 25 | $38.2M | $951.5M | ||
| Q1 25 | $38.6M | $975.2M | ||
| Q4 24 | $38.6M | $810.9M | ||
| Q3 24 | $43.0M | $791.2M | ||
| Q2 24 | — | $778.4M | ||
| Q1 24 | — | $749.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.5M | $37.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.5M | $37.4M | ||
| Q3 25 | $3.4M | $49.4M | ||
| Q2 25 | $220.7K | $66.0M | ||
| Q1 25 | $-601.1K | $17.5M | ||
| Q4 24 | $-1.3M | $34.7M | ||
| Q3 24 | $203.6K | $45.7M | ||
| Q2 24 | — | $35.2M | ||
| Q1 24 | — | $39.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.68× | ||
| Q1 25 | — | 6.56× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | — | 3.22× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SMXT
| Yabucoa | $35.9M | 77% |
| Other | $10.7M | 23% |
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
