YOLFTbeta
SKYX Platforms Corp

SKYX Platforms Corp

SKYX · NASDAQ · Industrials / Electrical Equipment & Parts

0.5819USD-0.11 (-16.25%)

Price History

Full chart

Market Stats

Previous Close0.6948
Open0.6971
Day Range0.573 – 0.6971
52-Week Range0.946 – 3.29
Volume3.04M
Market Cap166.58M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.29
Dividend Yield0.00%
Beta-3515.03
50-Day Avg1.22
200-Day Avg1.53

About

SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. Its first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. The company also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. SKYX Platforms Corp. was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. The company was incorporated in 2004 and is based in Pompano Beach, Florida.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Leonard Jay Sokolow CPA, Econ., LL.M.
  • Employees73
  • Headquarters2855 West McNab Road, Pompano Beach, FL, United States, 33069, USA
  • Websitehttps://www.skyx.com

Leadership

  • Mr. Ran Roland KohenFounder & Executive Chairman · b. 1966
  • Mr. Leonard Jay Sokolow CPA, Econ., LL.M.CEO & Director · b. 1957
  • Mr. Steven M. SchmidtPresident · b. 1955
  • Mr. Marc-Andre Boisseau CPACFO, Principal Financial Officer & Principal Accounting Officer · b. 1965
  • Ms. Patricia Ann BarronChief Operations Officer · b. 1961
  • Mr. Eliran Ben-ZikriCTO & GM of Sky's Israeli Office
  • Mr. Rob PowellChief Compliance Officer & General Counsel
  • Mr. Jonathan GlobersonVice President Design & Marketing
  • Mr. Michael PerrilloVice President of Global Sales
  • Mr. Steve BriggsSenior Advisor & President of Product Development

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue77.65K--2.89M7.01M7.70M3.81M258.38K43.11K32.02K58.79M86.28M92.01M
Growth (%)----+143.15%+9.78%-50.53%-93.22%-83.32%-25.72%+183479.30%+46.76%+6.64%
Cost of Revenue85.90K2.72K2.46M2.48M6.14M6.38M3.66M503.03K149.29K18.91K40.75M61.68M64.17M
Gross Profit-8.25K-2.72K-2.46M407.75K878.58K1.32M153.48K-244.66K-106.18K13.11K18.04M24.59M27.84M
Gross Margin-10.63%--14.13%12.52%17.16%4.03%-94.69%-246.30%40.94%30.68%28.51%30.25%
Operating Expense826.37K1.40M2.34M5.24M6.87M8.22M16.48M8.74M5.08M26.64M55.86M56.71M56.95M
Operating Income-834.62K-1.40M-4.80M-4.83M-5.99M-6.90M-16.33M-8.99M-5.19M-26.63M-37.83M-32.11M-29.11M
Operating Margin-1074.90%---167.38%-85.36%-89.63%-428.64%-3477.87%-12034.80%-83146.53%-64.34%-37.22%-31.64%
EBITDA-831.72K-1.40M-2.34M-21.57M-94.98M-23.93M-16.15M-8.62M-5.09M-25.75M-35.16M-27.65M-25.02M
EBITDA Margin-1071.17%---747.50%-1354.02%-310.70%-424.04%-3336.33%-11797.33%-80408.96%-59.80%-32.04%-27.19%
Net Income-844.58K-2.57M-6.80M-26.89M-98.45M-26.72M-16.75M-9.24M-5.73M-27.07M-39.73M-35.77M-33.42M
Net Income Margin-1087.73%---932.07%-1403.40%-346.95%-439.73%-3577.00%-13292.85%-84539.95%-67.59%-41.46%-36.32%
R&D------2.23M------
R&D as % of Total Revenue------58.64%------
Interest Expense35.70K171.59K2.71M2.86M980.87K294.74K490.63K515.51K560.42K589.01K3.56M4.06M4.30M
Interest Expense % of Total Revenue45.98%--98.98%13.98%3.83%12.88%199.52%1300.00%1839.39%6.06%4.70%4.68%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets30.68K1.44M11.24M8.40M12.46M10.42M4.08M3.70M11.95M43.18M76.34M65.89M57.72M
Total Liabilities930.54K3.80M20.12M41.15M84.55M35.07M10.79M12.59M12.06M35.05M60.12M56.83M57.30M
Total Equity-879.32K-2.33M-8.84M-32.71M-27.58M-24.61M-6.67M-8.85M-75.28K8.13M16.22M9.05M411.61K
Cash7361.13M1.24M450.87K4.13M4.88M1.87M2.31M10.43M6.72M16.81M12.64M8.05M
Total Debt872.53K940.56K2.34M4.34M3.70M3.73M5.51M6.88M7.20M30.46M37.84M39.36M37.35M
Net Debt871.80K-192.42K1.10M3.89M-426.33K-1.15M3.64M4.57M-3.23M23.74M21.03M26.72M29.30M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-790.16K-685.73K-1.80M-3.77M-6.17M-4.35M-6.19M-3.13M-4.63M-13.84M-13.00M-18.26M-13.29M
Investing Cash Flow--6.01K-168.54K-59.48K-43.69K-241.65K-232.57K-109.88K-179.20K-8.06M3.24M-1.73M-1.93M
Financing Cash Flow790.89K1.82M2.08M3.04M9.89M5.34M3.42M3.67M12.92M20.93M22.73M13.06M9.83M
Capital Expenditure06.01K168.54K59.48K43.69K241.65K86.76K109.88K179.20K620.31K10.19K981.43K1.93M
Free Cash Flow-790.16K-691.74K-1.97M-3.83M-6.21M-4.59M-6.27M-3.24M-4.81M-14.46M-12.99M-19.24M-15.22M
Dividends Paid----30.97K149.74K130.21K130.21K129.46K38.05K5.55K212.67K1.02M
FCF to OCF100.00%100.88%109.36%101.58%100.71%105.56%101.40%103.51%103.87%104.48%99.92%105.37%114.54%
Dividend Paid to FCF-----0.50%-3.26%-2.08%-4.02%-2.69%-0.26%-0.04%-1.11%-6.70%

Earnings

Report DateNov 12, 2021Mar 8, 2022May 9, 2022Aug 12, 2022Nov 10, 2022Mar 31, 2023May 12, 2023Aug 9, 2023Nov 13, 2023Mar 5, 2024May 14, 2024Aug 12, 2024Nov 12, 2024Mar 24, 2025May 14, 2025Aug 12, 2025Nov 12, 2025Dec 31, 2025May 11, 2026Aug 12, 2026Nov 11, 2026
EPS Estimate0.000.00-0.23-0.06-0.070.000.00-0.14-0.04-0.08-0.08-0.10-0.08-0.07-0.10-0.07-0.07-0.06-0.06-0.06-0.05
EPS Actual-0.03-0.02-0.23-0.06-0.07-0.06-0.06-0.14-0.08-0.14-0.10-0.08-0.07-0.10-0.09-0.08-0.07-0.08-0.07-0.06-
Surprise--0.00%0.00%0.00%--0.00%-100.00%-75.00%-25.00%20.00%12.50%-42.86%10.00%-14.29%0.00%-33.33%-16.67%0.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap166.58M
Enterprise Value189.56M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.73
Price / Book27.96
EPS-0.29
Book Value0.044
Revenue (TTM)96.20M
Gross Profit (TTM)29.05M
EBITDA-26.89M
Profit Margin-34.34%
Operating Margin-27.99%
Return on Equity-271.40%
Return on Assets-26.27%
Shares Outstanding135.43M
Shares Float94.62M
Beta-3515.03
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 4.00
  • Strong Buy
    2
  • Buy
    2

Ownership Breakdown

Institutions
16.56%
Insiders
30.36%
Retail / Other
53.08%

Top Institutional Holders

  • Alyeska Investment Group, L.P.
    7.69M5.68%
  • BlackRock Inc
    4.98M3.68%
  • Vanguard Capital Management, LLC
    3.37M2.49%
  • Geode Capital Management, LLC
    2.13M1.57%
  • Kanen Wealth Management LLC
    1.84M1.36%
  • Renaissance Technologies Corp
    1.22M0.90%
  • State Street Corp
    1.18M0.87%
  • Allied Private Wealth LLC
    1.12M0.83%
  • Millennium Management LLC
    1.08M0.80%
  • Clear Harbor Asset Management, LLC
    771.51K0.57%
  • CI Private Wealth LLC
    704.40K0.52%
  • Northern Trust Corp
    664.38K0.49%
  • Vanguard Fiduciary Trust Co
    643.31K0.47%
  • Daytona Street Capital LLC
    634.09K0.47%
  • Vanguard Portfolio Management, LLC
    534.35K0.39%
  • UBS Group AG
    365.88K0.27%
  • KESTRA PRIVATE WEALTH SERVICES, LLC
    348.00K0.26%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.93M2.16%
  • Managed Profit Plus A
    800.00K0.59%
  • Fidelity Extended Market Index
    454.77K0.34%