SKYX Platforms Corp.

SKYX· Nasdaq· Electric Lighting & Wiring Equipment

Market cap
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P/FCF
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EV/Sales
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FCF margin
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ROIC, 5 yr avg
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Revenue, 5 yr CAGR
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We record prices for the companies we cover; SKYX is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2025

Market cap
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Enterprise value
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Diluted shares
108.8M
Revenue
$92.0M
Free cash flow
–
Owner earnings
–

Valuation · FY2025

P/E
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P/FCF
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P/Owner earnings
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EV/Sales
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EV/FCF
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P/B
–

Margins · FY2025

Gross
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Operating
-31.6%
Net
-36.3%
Free cash flow
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Owner earnings
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Stock pay
14.7%

Returns

ROIC, FY2025
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ROIC, 5 yr avg
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ROE, FY2025
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ROE, 5 yr avg
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Growth (CAGR)

Revenue, 3 yr
1321.7%
Revenue, 5 yr
–
Revenue, 9 yr
33.1%
Diluted EPS, 3 yr
–
Diluted EPS, 5 yr
–
Diluted EPS, 9 yr
–
Free cash flow, 3 yr
–
Free cash flow, 5 yr
–
Free cash flow, 9 yr
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Financial health · FY2025

Cash and investments
$8.1M
Total debt
$19.3M
Net debt
$11.3M
Debt/Equity
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Debt/FCF
–

Shareholder returns · FY2025

Dividend yield
–
Payout ratio
–
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
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Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$92.0M

FY2025

FY2013: Revenue –FY2014: Revenue $0FY2015: Revenue $2.9MFY2016: Revenue $7.0MFY2017: Revenue $7.7MFY2021: Revenue $43.1KFY2022: Revenue $32.0KFY2023: Revenue $58.8MFY2024: Revenue $86.3MFY2025: Revenue $92.0M
FY2013FY2025

Margins

Gross–Operating-31.6%Net-36.3%

FY2025

FY2013: Gross –, Operating –, Net –FY2014: Gross –, Operating –, Net –FY2015: Gross 14.1%, Operating –, Net -932.1%FY2016: Gross 12.5%, Operating –, Net -1403.4%FY2017: Gross 17.2%, Operating –, Net -347.0%FY2021: Gross -105.2%, Operating -12034.8%, Net -13292.8%FY2022: Gross 40.9%, Operating -83146.5%, Net -84429.3%FY2023: Gross 30.7%, Operating -64.3%, Net -67.6%FY2024: Gross –, Operating -37.2%, Net -41.5%FY2025: Gross –, Operating -31.6%, Net -36.3%
FY2013FY2025

Free cash flow and owner earnings

Free cash flow–Owner earnings–

FY2025

FY2013: Free cash flow –, Owner earnings –FY2014: Free cash flow –, Owner earnings –FY2015: Free cash flow –, Owner earnings –FY2016: Free cash flow –, Owner earnings –FY2017: Free cash flow –, Owner earnings –FY2021: Free cash flow –, Owner earnings –FY2022: Free cash flow -$14.2M, Owner earnings -$28.1MFY2023: Free cash flow –, Owner earnings –FY2024: Free cash flow –, Owner earnings –FY2025: Free cash flow –, Owner earnings –
FY2013FY2025

Diluted shares

108.8M

+36.8% over 9 years, net dilution

FY2013: Diluted shares –FY2014: Diluted shares –FY2015: Diluted shares –FY2016: Diluted shares –FY2017: Diluted shares –FY2021: Diluted shares –FY2022: Diluted shares 79.5MFY2023: Diluted shares 88.4MFY2024: Diluted shares 99.8MFY2025: Diluted shares 108.8M
FY2013FY2025

Net debt (below zero)

-$11.3M

$11.3M more debt than cash

FY2013: Net cash $316.6KFY2014: Net cash $246.5KFY2015: Net cash -$3.5MFY2016: Net cash $703.6KFY2017: Net cash $1.1MFY2021: Net cash $3.2MFY2022: Net cash $7.5MFY2023: Net cash -$1.5MFY2024: Net cash -$7.5MFY2025: Net cash -$11.3M
FY2013FY2025

Every figure, year by year

Fiscal yearFY2013FY2014FY2015FY2016FY2017FY2021FY2022FY2023FY2024FY2025
The business
Revenue–$0$2.9M$7.0M$7.7M$43.1K$32.0K$58.8M$86.3M$92.0M
Revenue growth–––143.2%9.8%–-25.7%183479.3%46.8%6.6%
Gross margin––14.1%12.5%17.2%-105.2%40.9%30.7%––
Operating margin–––––-12034.8%-83146.5%-64.3%-37.2%-31.6%
Net income-$2.6M-$7.3M-$26.9M-$98.4M-$26.7M-$5.7M-$27.0M-$39.7M-$35.8M-$33.4M
Net margin––-932.1%-1403.4%-347.0%-13292.8%-84429.3%-67.6%-41.5%-36.3%
Diluted EPS––––––$-0.40$-0.45$-0.36$-0.32
Return on invested capital?––––––––––
Cash
Operating cash flow-$685.7K-$1.8M-$3.8M-$6.2M-$4.3M-$4.6M-$13.8M-$13.0M-$18.3M-$13.3M
Capital expenditure––––––$312.7K–––
Free cash flow––––––-$14.2M–––
Stock-based compensation–––––$1.5M$14.0M$18.0M$13.5M$13.6M
Owner earnings?––––––-$28.1M–––
Free cash flow per share––––––$-0.18–––
Capital allocation
Dividends paid–––-$31.0K-$149.7K$129.5K$38.1K––$1.0M
Share repurchases––––––––––
Diluted shares––––––79.5M88.4M99.8M108.8M
Share count change?–––––––11.2%12.9%9.0%
Balance sheet
Cash and equivalents$1.1M$1.2M$450.9K$4.1M$4.9M$10.4M$6.7M$16.8M$12.6M$8.1M
Short-term investments––––––$7.4M–––
Total debt$816.4K$995.0K$4.0M$3.4M$3.7M$7.2M$6.6M$18.3M$20.1M$19.3M
Net debt-$316.6K-$246.5K$3.5M-$703.6K-$1.1M-$3.2M-$7.5M$1.5M$7.5M$11.3M
Shareholders' equity-$2.4M-$9.4M-$32.7M-$72.1M-$70.4M-$3.4M$7.9M$16.2M$4.1M-$4.6M

Latest filings

All on EDGAR
2026-08-1210-QQuarterly report
2026-08-128-KEarnings release
2026-05-13DEF 14AProxy statement
2026-05-1110-QQuarterly report
2026-05-118-KEarnings release
2026-03-2610-KAnnual report
2026-03-268-KEarnings release
2025-11-128-KEarnings release
2025-11-1210-QQuarterly report
2025-08-1210-QQuarterly report

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