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SKYX Platforms NasdaqCM:SKYX Stock Report

Last Price

US$1.03

Market Cap

US$105.6m

7D

-5.5%

1Y

-36.8%

Updated

22 Dec, 2024

Data

Company Financials +

SKYX Platforms Corp.

NasdaqCM:SKYX Stock Report

Market Cap: US$105.6m

My Notes

Capture your thoughts, links and company narrative

SKYX Platforms Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SKYX Platforms
Historical stock prices
Current Share PriceUS$1.03
52 Week HighUS$1.87
52 Week LowUS$0.72
Beta-2822.96
1 Month Change3.00%
3 Month Change27.16%
1 Year Change-36.81%
3 Year Changen/a
5 Year Changen/a
Change since IPO-68.79%

Recent News & Updates

Investors Give SKYX Platforms Corp. (NASDAQ:SKYX) Shares A 29% Hiding

Nov 24
Investors Give SKYX Platforms Corp. (NASDAQ:SKYX) Shares A 29% Hiding

Recent updates

Investors Give SKYX Platforms Corp. (NASDAQ:SKYX) Shares A 29% Hiding

Nov 24
Investors Give SKYX Platforms Corp. (NASDAQ:SKYX) Shares A 29% Hiding

SKYX Platforms Corp. (NASDAQ:SKYX) Might Not Be As Mispriced As It Looks After Plunging 31%

Aug 29
SKYX Platforms Corp. (NASDAQ:SKYX) Might Not Be As Mispriced As It Looks After Plunging 31%

Here's Why SKYX Platforms (NASDAQ:SKYX) Can Afford Some Debt

Jul 18
Here's Why SKYX Platforms (NASDAQ:SKYX) Can Afford Some Debt

Positive Sentiment Still Eludes SKYX Platforms Corp. (NASDAQ:SKYX) Following 32% Share Price Slump

Apr 20
Positive Sentiment Still Eludes SKYX Platforms Corp. (NASDAQ:SKYX) Following 32% Share Price Slump

Is SKYX Platforms (NASDAQ:SKYX) A Risky Investment?

Mar 28
Is SKYX Platforms (NASDAQ:SKYX) A Risky Investment?

SKYX Platforms GAAP EPS of -$0.06, revenue of $7.39M

Aug 12

Shareholder Returns

SKYXUS ElectricalUS Market
7D-5.5%-3.4%-2.4%
1Y-36.8%22.4%23.3%

Return vs Industry: SKYX underperformed the US Electrical industry which returned 22.4% over the past year.

Return vs Market: SKYX underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is SKYX's price volatile compared to industry and market?
SKYX volatility
SKYX Average Weekly Movement13.9%
Electrical Industry Average Movement11.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: SKYX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SKYX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
200460John Campiwww.skyplug.com

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s 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. It also provides universal power-plugs and receptacle products.

SKYX Platforms Corp. Fundamentals Summary

How do SKYX Platforms's earnings and revenue compare to its market cap?
SKYX fundamental statistics
Market capUS$105.58m
Earnings (TTM)-US$38.08m
Revenue (TTM)US$84.77m

1.2x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKYX income statement (TTM)
RevenueUS$84.77m
Cost of RevenueUS$59.14m
Gross ProfitUS$25.63m
Other ExpensesUS$63.71m
Earnings-US$38.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.37
Gross Margin30.23%
Net Profit Margin-44.92%
Debt/Equity Ratio432.8%

How did SKYX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SKYX Platforms Corp. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael LeggBenchmark Company
Vadim MerkulovFreedom Broker
Jack Vander AardeMaxim Group