SKYX Platforms Corp.

NasdaqCM:SKYX Stock Report

Market Cap: US$118.9m

SKYX Platforms Future Growth

Future criteria checks 2/6

SKYX Platforms is forecast to grow earnings and revenue by 57.5% and 29% per annum respectively while EPS is expected to grow by 61.1% per annum.

Key information

57.5%

Earnings growth rate

61.1%

EPS growth rate

Electrical earnings growth17.8%
Revenue growth rate29.0%
Future return on equityn/a
Analyst coverage

Low

Last updated26 Nov 2024

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

NasdaqCM:SKYX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026153-7-222
12/31/2025127-19-9-85
12/31/202486-34-10-94
9/30/202485-38-16-16N/A
6/30/202484-37-17-17N/A
3/31/202478-41-15-15N/A
12/31/202359-40-13-13N/A
9/30/202337-32-15-14N/A
6/30/202315-31-15-14N/A
3/31/20230-23-15-15N/A
12/31/20220-32-14-14N/A
9/30/20220-29-12-12N/A
6/30/20220-25-9-9N/A
3/31/20220-21-8-7N/A
12/31/20210-6-5-5N/A
9/30/20210-8-4-4N/A
12/31/20200-9-3-3N/A
12/31/20194-17-6-6N/A
9/30/20188-14-9-9N/A
6/30/20188-13N/A-4N/A
3/31/20188-11N/A-4N/A
12/31/20178-27N/A-4N/A
9/30/20178-47N/A-4N/A
6/30/20179-74N/A-4N/A
3/31/20178-116N/A-6N/A
12/31/20167-98N/A-6N/A
9/30/20166-87N/A-6N/A
6/30/20164-68N/A-6N/A
3/31/20163-25N/A-3N/A
12/31/20153-27N/A-4N/A
9/30/20152-17N/A-3N/A
6/30/20152-8N/A-3N/A
3/31/20151-8N/A-3N/A
12/31/2014N/A-7N/A-2N/A
9/30/2014N/A-6N/A-2N/A
6/30/2014N/A-5N/A-2N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKYX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SKYX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SKYX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SKYX's revenue (29% per year) is forecast to grow faster than the US market (9% per year).

High Growth Revenue: SKYX's revenue (29% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SKYX's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 01:52
End of Day Share Price 2025/01/02 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