SKYX Platforms Future Growth

Future criteria checks 2/6

SKYX Platforms is forecast to grow earnings and revenue by 55% and 27.8% per annum respectively while EPS is expected to grow by 59.2% per annum.

Key information

55.0%

Earnings growth rate

59.2%

EPS growth rate

Electrical earnings growth	18.4%
Revenue growth rate	27.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	21 Nov 2024

Recent future growth updates

Recent updates

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

Nov 24

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

Aug 29

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

Jul 18

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

Apr 20

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

Mar 28

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)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	153	-7	-2	2	2
12/31/2025	124	-20	-9	-8	5
12/31/2024	90	-32	-10	-9	5
9/30/2024	85	-38	-16	-16	N/A
6/30/2024	84	-37	-17	-17	N/A
3/31/2024	78	-41	-15	-15	N/A
12/31/2023	59	-40	-13	-13	N/A
9/30/2023	37	-32	-15	-14	N/A
6/30/2023	15	-31	-15	-14	N/A
3/31/2023	0	-23	-15	-15	N/A
12/31/2022	0	-32	-14	-14	N/A
9/30/2022	0	-29	-12	-12	N/A
6/30/2022	0	-25	-9	-9	N/A
3/31/2022	0	-21	-8	-7	N/A
12/31/2021	0	-6	-5	-5	N/A
9/30/2021	0	-8	-4	-4	N/A
12/31/2020	0	-9	-3	-3	N/A
12/31/2019	4	-17	-6	-6	N/A
9/30/2018	8	-14	-9	-9	N/A
6/30/2018	8	-13	N/A	-4	N/A
3/31/2018	8	-11	N/A	-4	N/A
12/31/2017	8	-27	N/A	-4	N/A
9/30/2017	8	-47	N/A	-4	N/A
6/30/2017	9	-74	N/A	-4	N/A
3/31/2017	8	-116	N/A	-6	N/A
12/31/2016	7	-98	N/A	-6	N/A
9/30/2016	6	-87	N/A	-6	N/A
6/30/2016	4	-68	N/A	-6	N/A
3/31/2016	3	-25	N/A	-3	N/A
12/31/2015	3	-27	N/A	-4	N/A
9/30/2015	2	-17	N/A	-3	N/A
6/30/2015	2	-8	N/A	-3	N/A
3/31/2015	1	-8	N/A	-3	N/A
12/31/2014	N/A	-7	N/A	-2	N/A
9/30/2014	N/A	-6	N/A	-2	N/A
6/30/2014	N/A	-5	N/A	-2	N/A
3/31/2014	N/A	-3	N/A	-1	N/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 (27.8% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: SKYX's revenue (27.8% 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

SKYX Platforms Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates upgraded to US$0.34 loss

Consensus revenue estimates fall by 14%

Consensus revenue estimates decrease by 12%

Consensus revenue estimates increase by 23%

No longer forecast to breakeven

Forecast to breakeven in 2023

Recent updates

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

New minor risk - Market cap size

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

SKYX Platforms Regains Compliance with Nasdaq Listing Rule 5550(a)(2)

SKYX Platforms Corp. announced that it has received $11 million in funding

SKYX Platforms Receives Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement

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

New minor risk - Profitability

Consensus EPS estimates upgraded to US$0.34 loss

New minor risk - Financial position

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

SKYX Platforms Corp. Announces Production of Its New Global Patented Advanced, Smart, Plug & Play Recessed Light

SKYX Platforms Corp.(NasdaqCM:SKYX) dropped from Russell 3000 Index

SKYX Announces the Issuance of 6 Additional Patents in the U.S. and Internationally

Consensus revenue estimates fall by 14%

SKYX Platforms Corp., Annual General Meeting, Jul 10, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates decrease by 12%

Consensus revenue estimates increase by 23%

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

SKYX Platforms Corp. announced that it has received $1 million in funding

New minor risk - Market cap size

SKYX Platforms Corp. announced that it has received $0.515751 million in funding

SKYX Announces Issuance of 8 Additional New Patents in the U.S. and International Including China, Europe and 2 Patents in India, for Its Advanced, Smart Home and Ai Platform Technologies

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

SKYX Platforms Corp. Will Debut Its New Patented Game-Changing Smart Home Platforms Technologies At Ces 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

No longer forecast to breakeven

SKYX Platforms Corp. Provides Business Update Including 5 Additional Patents Issued in the U.S. and International Markets

SKYX Platforms Corp. Appoints Leonard J. Sokolow as Co-Chief Executive Officer

SKYX Platforms Corp. Appoints Leonard J. Sokolow as Co-Chief Executive Officer

Sky Technologies Corp. Announces Issuance of Three New U.S. and International Patents for its All-In-One Smart Modular Platform Technology

Second quarter 2023 earnings released: US$0.14 loss per share (vs US$0.058 loss in 2Q 2022)

New minor risk - Share price stability

SKYX Platforms Corp Announces Appoints Khadija Mustafa as Senior Tech, AI and Global Business Advisor

SKYX Platforms Corp., Annual General Meeting, Jun 28, 2023

First quarter 2023 earnings released: US$0.096 loss per share (vs US$0.23 loss in 1Q 2022)

SKYX Platforms Corp. announced that it has received $8.1 million in funding

SKYX Platforms Corp. Debuts Revolutionary SkyPlug Smart At CES 2023

Forecast to breakeven in 2023

Less than half of directors are independent

SKYX Platforms Corp. Launches its First-Generation Plug & Play Smart Home Automation Product

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

SKYX Platforms Corp. Achieves Historic U.S. Standardization Approval Vote for the Standardization of the SKYX Safe Weight-Bearing Plug and Outlet/Receptacle for Ceilings

Less than half of directors are independent

Phillips S. Peter Retires from the Board of SKYX Platforms Corp

Director recently bought US$54k worth of stock

Director recently bought US$52k worth of stock

SQL Technologies Corp., Annual General Meeting, Jun 14, 2022

SQL Technologies Corp. Appoints Bernard Zyscovich as Chair of Newly Formed Architectural and Real Estate Advisory Board

High number of new directors

SQL Technologies Corp. Appoints Mark Earley as Safety Advisory Board Committee

SQL Technologies Corp. Announces Management Changes

High number of new directors

SQL Technologies Corp. has completed an IPO in the amount of $23.1 million.

SQL Technologies Common Stock to Be Deleted from Other OTC

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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