SKYX Platforms Past Earnings Performance
Past criteria checks 0/6
SKYX Platforms's earnings have been declining at an average annual rate of -28.3%, while the Electrical industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 82.4% per year.
Key information
-28.3%
Earnings growth rate
-18.0%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 82.4% |
| Return on equity | -993.1% |
| Net Margin | -44.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 29Here's Why SKYX Platforms (NASDAQ:SKYX) Can Afford Some Debt
Jul 18Positive Sentiment Still Eludes SKYX Platforms Corp. (NASDAQ:SKYX) Following 32% Share Price Slump
Apr 20Is SKYX Platforms (NASDAQ:SKYX) A Risky Investment?
Mar 28SKYX Platforms GAAP EPS of -$0.06, revenue of $7.39M
Aug 12Revenue & Expenses Breakdown
How SKYX Platforms makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 85 | -38 | 59 | 0 |
| 30 Jun 24 | 84 | -37 | 59 | 0 |
| 31 Mar 24 | 78 | -41 | 63 | 0 |
| 31 Dec 23 | 59 | -40 | 56 | 0 |
| 30 Sep 23 | 37 | -32 | 42 | 0 |
| 30 Jun 23 | 15 | -31 | 34 | 0 |
| 31 Mar 23 | 0 | -23 | 22 | 0 |
| 31 Dec 22 | 0 | -32 | 27 | 0 |
| 30 Sep 22 | 0 | -29 | 24 | 0 |
| 30 Jun 22 | 0 | -25 | 20 | 0 |
| 31 Mar 22 | 0 | -21 | 16 | 0 |
| 31 Dec 21 | 0 | -6 | 5 | 0 |
| 30 Sep 21 | 0 | -8 | 7 | 0 |
| 31 Dec 20 | 0 | -9 | 9 | 0 |
| 31 Dec 19 | 4 | -17 | 16 | 0 |
| 30 Sep 18 | 8 | -14 | 10 | 0 |
| 30 Jun 18 | 8 | -13 | 9 | 0 |
| 31 Mar 18 | 8 | -11 | 8 | 0 |
| 31 Dec 17 | 8 | -27 | 7 | 0 |
| 30 Sep 17 | 8 | -47 | 4 | 0 |
| 30 Jun 17 | 9 | -74 | 4 | 0 |
| 31 Mar 17 | 8 | -116 | 4 | 0 |
| 31 Dec 16 | 7 | -98 | 4 | 0 |
| 30 Sep 16 | 6 | -87 | 6 | 0 |
| 30 Jun 16 | 4 | -68 | 6 | 0 |
| 31 Mar 16 | 3 | -25 | 5 | 0 |
| 31 Dec 15 | 3 | -27 | 5 | 0 |
| 30 Sep 15 | 2 | -17 | 7 | 0 |
| 30 Jun 15 | 2 | -8 | 6 | 0 |
| 31 Mar 15 | 1 | -8 | 6 | 0 |
| 31 Dec 14 | 0 | -7 | 5 | 0 |
| 30 Sep 14 | 0 | -6 | 3 | 0 |
| 30 Jun 14 | 0 | -5 | 2 | 0 |
| 31 Mar 14 | 0 | -3 | 2 | 0 |
Quality Earnings: SKYX is currently unprofitable.
Growing Profit Margin: SKYX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKYX is unprofitable, and losses have increased over the past 5 years at a rate of 28.3% per year.
Accelerating Growth: Unable to compare SKYX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SKYX is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (4.7%).
Return on Equity
High ROE: SKYX has a negative Return on Equity (-993.09%), as it is currently unprofitable.