SKYX Platforms (SKYX) AI Stock Analysis

• Market Cap: $237.74M
• Dividend Yield: N/A
• Average Volume (3M): 898.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.72
• Revenue Growth: 7.06%
• EPS Growth: 12.25%
• Country: US
• Employees: 76
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.07
• Shares Outstanding: 113,749,374
• 10 Day Avg. Volume: 887,345
• 30 Day Avg. Volume: 898,475
• PEG Ratio: 0.16
• Price to Book (P/B): 12.78
• Price to Sales (P/S): 1.34
• P/FCF Ratio: -6.01
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 1.88
• Enterprise Value/Gross Profit: 6.59
• Enterprise Value/Ebitda: -6.24
• 1Y Price Target: $4.31
• Price Target Upside: 110.24% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): -0.3
• Revenue Forecast (FY): $93.16M

• Rating: 55 Neutral
• Price Target: $2.00 ▼(-2.44% Downside)

SKYX Platforms' overall score is primarily impacted by its financial challenges, including negative profitability and high leverage. While technical indicators show positive momentum, the valuation remains unattractive due to ongoing losses. The earnings call provided positive sentiment, but it was excluded from the weighted calculation.

Positive Factors

Revenue Growth

Consistent revenue growth over multiple quarters indicates strong market demand and effective business strategies, enhancing long-term financial stability.

Strategic Partnerships

Strategic partnerships expand market reach and provide growth opportunities in new regions, strengthening competitive positioning and revenue potential.

Product Innovation

Innovative product launches can drive future sales growth and enhance market differentiation, supporting long-term business success.

Negative Factors

High Leverage

Excessive leverage can limit financial flexibility and increase risk, potentially impacting the company's ability to invest in growth opportunities.

Negative Profitability

Sustained negative profitability undermines financial health and may hinder the company's ability to sustain operations and invest in future growth.

Cash Flow Challenges

Negative operating cash flow suggests difficulties in covering operational costs, potentially affecting the company's long-term viability and investment capacity.

SKYX Platforms Business Overview & Revenue Model

Company Description

SKYX Platforms (SKYX) is an innovative technology company focused on developing advanced solutions for the construction and building industries. The company specializes in creating smart platform technologies that enhance building safety, efficiency, and sustainability. SKYX's core products include cutting-edge building materials integrated with smart technology, as well as systems that enable real-time data monitoring and analytics for construction projects. By leveraging its expertise in technology and engineering, SKYX aims to revolutionize the way buildings are constructed and maintained.

How the Company Makes Money

SKYX generates revenue primarily through the sale of its smart building products and solutions to construction companies, developers, and contractors. The company's revenue model includes direct product sales, licensing agreements for its proprietary technologies, and ongoing service contracts for data analytics and support. Additionally, SKYX has formed strategic partnerships with key players in the construction and real estate sectors, which not only enhance its market presence but also provide opportunities for joint ventures and collaborative projects that contribute to its financial growth. The focus on innovation and sustainable building practices positions SKYX to capitalize on the growing demand for advanced construction solutions, further driving its revenue streams.

SKYX Platforms Financial Statement Overview

Summary

SKYX Platforms faces significant financial challenges with negative profitability margins and a heavily leveraged balance sheet. Despite some revenue growth and improvement in free cash flow, the company's financial stability is concerning.

Income Statement

SKYX Platforms shows a modest revenue growth rate of 1.94% TTM, but profitability remains a significant issue with negative margins across the board. The net profit margin is deeply negative at -41.01%, indicating ongoing losses. Despite a slight improvement in gross profit margin, the company struggles with high operating losses, as reflected in the negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet reveals a concerning financial structure with a high debt-to-equity ratio of 6.98 TTM, indicating significant leverage. The negative stockholders' equity suggests financial instability, and the return on equity is negative, reflecting ongoing losses. The equity ratio is not favorable, showing limited equity backing for assets.

Cash Flow

Cash flow analysis shows some positive signs with a free cash flow growth rate of 14.44% TTM. However, the operating cash flow remains negative, and the operating cash flow to net income ratio is unfavorable, indicating cash flow challenges. The free cash flow to net income ratio is slightly positive, suggesting some ability to cover net losses with free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	90.75M	86.28M	58.79M	32.02K	43.11K	258.38K
Gross Profit	25.87M	24.59M	18.04M	13.11K	-106.18K	-244.66K
EBITDA	-27.33M	-27.65M	-36.81M	-25.75M	-5.09M	-8.62M
Net Income	-35.50M	-35.77M	-39.73M	-27.07M	-5.73M	-9.24M
Balance Sheet
Total Assets	58.41M	65.89M	76.34M	43.18M	11.95M	3.70M
Cash, Cash Equivalents and Short-Term Investments	7.83M	12.64M	16.81M	14.09M	10.43M	2.31M
Total Debt	38.75M	39.36M	37.84M	30.46M	7.20M	6.88M
Total Liabilities	57.25M	56.83M	60.12M	35.05M	12.06M	12.59M
Stockholders Equity	1.16M	9.05M	16.22M	8.13M	-75.28K	-8.85M
Cash Flow
Free Cash Flow	-17.91M	-19.24M	0.00	-14.46M	-4.81M	-3.24M
Operating Cash Flow	-16.61M	-18.26M	-13.00M	-13.84M	-4.63M	-3.13M
Investing Cash Flow	-2.06M	-1.73M	3.24M	-8.06M	-179.20K	-109.88K
Financing Cash Flow	15.49M	13.06M	22.73M	20.93M	12.92M	3.67M

SKYX Platforms Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SKYX, the sentiment is Positive. The current price of 2.05 is above the 20-day moving average (MA) of 1.80, above the 50-day MA of 1.54, and above the 200-day MA of 1.29, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 71.23 is Negative, neither overbought nor oversold. The STOCH value of 83.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SKYX.

SKYX Platforms Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESP	82 Outperform	$113.79M	12.31	18.65%	2.52%	4.90%	31.13%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ULBI	55 Neutral	$92.24M	53.84	1.26%	―	12.94%	-81.09%
SKYX	55 Neutral	$237.74M	―	-1421.39%	―	7.06%	12.25%
CBAT	50 Neutral	$78.94M	-8.75	-5.16%	―	-22.02%	-156.65%
DFLI	43 Neutral	$87.05M	―	―	―	18.24%	24.49%
OPTT	41 Neutral	$78.70M	-2.66	-105.15%	―	3.37%	59.52%

SKYX Platforms Corporate Events

SKYX Platforms Corp. Reports Record Revenue Growth

The recent earnings call for SKYX Platforms Corp. was marked by a strong positive sentiment, highlighting significant achievements in revenue growth, strategic partnerships, and innovative product launches. However, the company acknowledged dependencies on future project developments and ongoing challenges with safety standardization.

SKYX Technologies Reports Record Q3 Revenues and Expansion

SKYX Technologies Corp, operating in the smart home technology sector, is a platform technology company with a focus on making homes and buildings safer and smarter through its innovative products. The company has over 100 patents and operates more than 60 lighting and home décor websites.

SQL Technologies Secures $2M and Restructures Debt

On October 17, 2025, SQL Technologies restructured and extended the maturity date of four convertible promissory notes, totaling $7.6 million, by five years and secured an additional $2 million in capital from a lead investor. This move results in $9.6 million in subordinated secured convertible promissory notes, with the principal amount convertible into common stock at a price of $1.20 per share and bearing a 10% annual interest rate. The additional funds will be used for general working capital, and the restructuring provides the company with greater financial flexibility.

The most recent analyst rating on (SKYX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on SQL Technologies stock, see the SKYX Stock Forecast page.

SQL Technologies Restructures Debt and Secures New Capital

On September 2, 2025, SQL Technologies restructured and extended the maturity date of two outstanding convertible promissory notes, totaling $2.75 million, by five years to September 2, 2030. The company also secured an additional $3.25 million in capital from a leading existing investor, resulting in a new subordinated secured convertible promissory note of $6 million. This move aims to bolster the company’s working capital and offers conversion options into common stock, with interest accruing at 10% per annum. The restructuring and new capital infusion are strategic steps to strengthen SQL Technologies’ financial position and provide flexibility for future growth.

The most recent analyst rating on (SKYX) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on SQL Technologies stock, see the SKYX Stock Forecast page.