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SKYX Platforms NasdaqCM:SKYX Stock Report

Last Price

US$0.84

Market Cap

US$90.9m

7D

-15.0%

1Y

-53.0%

Updated

28 Aug, 2024

Data

Company Financials +

SKYX Platforms Corp.

NasdaqCM:SKYX Stock Report

Market Cap: US$90.9m

SKYX Platforms Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SKYX Platforms
Historical stock prices
Current Share PriceUS$0.84
52 Week HighUS$1.95
52 Week LowUS$0.72
Beta-2817.01
11 Month Change-31.09%
3 Month Change-3.38%
1 Year Change-53.03%
33 Year Change83,970.00%
5 Year Changen/a
Change since IPO-74.52%

Recent News & Updates

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

Recent updates

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-15.0%-7.3%-0.8%
1Y-53.0%3.6%21.5%

Return vs Industry: SKYX underperformed the US Electrical industry which returned 8% over the past year.

Return vs Market: SKYX underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is SKYX's price volatile compared to industry and market?
SKYX volatility
SKYX Average Weekly Movement13.3%
Electrical Industry Average Movement11.0%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: SKYX's weekly volatility (13%) 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$90.89m
Earnings (TTM)-US$36.64m
Revenue (TTM)US$84.22m

1.0x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKYX income statement (TTM)
RevenueUS$84.22m
Cost of RevenueUS$58.73m
Gross ProfitUS$25.49m
Other ExpensesUS$62.13m
Earnings-US$36.64m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.36
Gross Margin30.26%
Net Profit Margin-43.51%
Debt/Equity Ratio187.9%

How did SKYX perform over the long term?

See historical performance and comparison