SKYX Platforms Corp. SKYX
electricity is a standard in every home and building, our mission is to make homes and buildings become safe advanced and smart as the
standard.
Technologies has a series of highly disruptive advanced-safe-smart platform technologies, with almost 100 U.S. and global patents and
patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety
Last close
0.84
2026-10-23
Market cap
$113.8M
2026-06-30 share count
52-week range
0.83 - 3.29
Valuation FY2025 figures against the last close
P/S1.2x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield0.9%
Diluted EPS-0.32
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $92.0M | $86.3M | $58.8M | $32.0K | $43.1K | $7.7M | $7.0M | $2.9M | $0 | — |
| Cost of revenue | $64.2M | $61.7M | $40.7M | $18.9K | $88.5K | $6.4M | $6.1M | $2.5M | $0 | — |
| Gross profit | $27.8M | $24.6M | $18.0M | $13.1K | -$45.4K | $1.3M | $878.6K | $407.8K | $0 | — |
| SG&A | $31.2M | $31.4M | $37.1M | $26.4M | $5.1M | $5.1M | $4.4M | $5.2M | $4.8M | $1.4M |
| Total operating expenses | $121.1M | $118.4M | $96.6M | $26.6M | — | $8.2M | $6.9M | — | — | — |
| Operating income | -$29.1M | -$32.1M | -$37.8M | -$26.6M | -$5.2M | — | — | — | — | — |
| Interest expense | $4.2M | $3.9M | $3.1M | $589.0K | $560.4K | $294.7K | $980.9K | $2.9M | $2.1M | $171.6K |
| Pre-tax income | -$33.4M | -$35.8M | -$39.7M | -$27.0M | — | -$26.7M | -$98.4M | — | — | — |
| Income tax | $0 | $0 | $0 | $0 | — | $0 | $0 | — | — | — |
| Net income | -$33.4M | -$35.8M | -$39.7M | -$27.0M | -$5.7M | -$26.7M | -$98.4M | -$26.9M | -$7.3M | -$2.6M |
| EPS, basic | -0.32 | -0.36 | -0.45 | -0.40 | -0.09 | — | — | — | — | — |
| EPS, diluted | -0.32 | -0.36 | -0.45 | -0.40 | — | -0.55 | -2.60 | -0.76 | -0.22 | -0.08 |
| Shares, diluted (wtd. avg.) | 108.8M | 99.8M | 88.4M | 79.5M | 64.9M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $8.1M | $12.6M | $16.8M | $6.7M | $10.4M | $4.9M | $4.1M | $450.9K | $1.2M | $1.1M |
| Short-term investments | — | — | — | $7.4M | — | — | — | — | — | — |
| Receivables | $1.9M | $2.4M | $3.4M | — | — | $1.0M | $796.8K | $234.3K | $0 | — |
| Inventory | $4.3M | $3.8M | $3.4M | $1.9M | $918.7K | $2.4M | $2.4M | $263.9K | $0 | — |
| Total current assets | $15.4M | $20.4M | $27.3M | $16.3M | $11.4M | $8.3M | $7.4M | $985.0K | $1.3M | $1.2M |
| Property, plant and equipment | $1.3M | $545.3K | $436.6K | $216.0K | $25.7K | $194.9K | $113.6K | $127.5K | $132.6K | $6.0K |
| Goodwill | $16.2M | $16.2M | $16.2M | — | — | — | — | — | — | — |
| Other intangibles | $5.1M | $6.0M | $8.1M | $662.8K | $540.0K | $204.4K | $106.3K | $83.2K | $46.4K | $24.7K |
| Total assets | $57.7M | $65.9M | $76.3M | $43.2M | $12.0M | $10.4M | $12.5M | $8.4M | $11.2M | $1.4M |
| Accounts payable | $16.0M | $13.2M | $12.4M | $1.9M | $996.7K | $1.4M | $1.1M | $807.8K | $1.0M | $107.4K |
| Total current liabilities | $24.6M | $26.1M | $24.2M | $7.4M | $2.6M | $31.6M | $28.8M | $29.2M | $7.6M | $3.0M |
| Long-term debt | $19.3M | $20.1M | $18.3M | $6.6M | $7.2M | $3.7M | $3.4M | — | $995.0K | $816.4K |
| Total liabilities | $57.3M | $56.8M | $60.1M | $35.0M | $12.1M | $35.1M | $40.2M | $41.1M | $20.6M | $3.8M |
| Retained earnings | -$216.3M | -$181.8M | -$145.8M | -$106.1M | -$74.3M | -$168.1M | -$141.2M | -$42.7M | -$15.8M | -$8.5M |
| Total equity | -$4.6M | $4.1M | $16.2M | $7.9M | -$3.4M | -$70.4M | -$72.1M | -$32.7M | -$9.4M | -$2.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$13.3M | -$18.3M | -$13.0M | -$13.8M | -$4.6M | -$4.3M | -$6.2M | -$3.8M | -$1.8M | -$685.7K |
| Depreciation and amortisation | $238.2K | $68.0K | $93.7K | $70.8K | $42.0K | $50.9K | $26.5K | $22.5K | $17.3K | $262 |
| Stock-based compensation | $13.6M | $13.5M | — | $14.0M | $1.5M | — | — | — | — | — |
| Capital expenditure | — | — | — | $312.7K | — | — | — | — | — | — |
| Investing cash flow | -$1.9M | -$1.7M | $3.2M | -$8.1M | -$179.2K | -$241.7K | -$43.7K | -$59.5K | -$168.5K | -$6.0K |
| Financing cash flow | $9.8M | $13.1M | $22.7M | $20.9M | $12.9M | $5.3M | $9.9M | $3.0M | $2.1M | $1.8M |
| Dividends paid | $1.0M | — | — | $38.1K | $129.5K | $149.7K | $31.0K | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-022776.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $0 | $2.9M | $7.0M | $7.7M | $43.1K | $32.0K | $58.8M | $86.3M | $92.0M |
| Gross profit | — | $0 | $407.8K | $878.6K | $1.3M | -$45.4K | $13.1K | $18.0M | $24.6M | $27.8M |
| Net income | -$2.6M | -$7.3M | -$26.9M | -$98.4M | -$26.7M | -$5.7M | -$27.0M | -$39.7M | -$35.8M | -$33.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Material agreement signed Item 1.01
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3640
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| LYTS | LSI INDUSTRIES INC | $755.3M | 30.3x | 20.2% |
| OESX | ORION ENERGY SYSTEMS, INC. | $80.5M | — | 8.3% |
| EFOI | ENERGY FOCUS, INC/DE | $18.7M | — | -26.7% |
| CCTG | CCSC Technology International Holdings Ltd | — | — | -1.9% |
| PCLA | PicoCELA Inc. | — | — | — |