SQL Technologies (SKYX) AI Stock Analysis

• Market Cap: $129.28M
• Dividend Yield: N/A
• Average Volume (3M): 415.12K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.44
• Revenue Growth: 5.71%
• EPS Growth: 7.97%
• Country: US
• Employees: 76
• Sector: Industrials
• Sector Strength: 80
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.08
• Shares Outstanding: 111,447,070
• 10 Day Avg. Volume: 332,964
• 30 Day Avg. Volume: 415,123
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.18
• Enterprise Value/Revenue: 1.72
• Enterprise Value/Gross Profit: 6.08
• Enterprise Value/Ebitda: -5.29
• 1Y Price Target: $3.00
• Price Target Upside: 156.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 50 Neutral
• Price Target: $1.00 ▼(-14.53% Downside)

The overall stock score is primarily impacted by the company's challenging financial performance, marked by persistent losses and high leverage. Positive earnings call highlights, including revenue growth and strategic collaborations, provide some optimism but are overshadowed by financial risks. Technical indicators and valuation metrics offer limited support.

Positive Factors

Innovation and Product Development

SKYX is transforming into a high-growth smart home and plug & play platform provider, supported by 97+ patents and next-gen products.

Partnerships and Collaborations

Collaborations with Wayfair and Home Depot are expected to drive material sales growth in both the retail and professional channels.

Negative Factors

Financial Performance

The company has sufficient capital for the foreseeable future, supported by an $11M preferred stock financing and ending 3Q24 with cash and equivalents of $13.0M.

SQL Technologies Business Overview & Revenue Model

Company Description

SQL Technologies (SKYX) is a leading provider of advanced software solutions and data management services, specializing in database development, cloud computing, and big data analytics. The company operates in various sectors including finance, healthcare, and telecommunications, offering a diverse range of products and services designed to optimize data performance, enhance security, and facilitate real-time analytics. With a strong focus on innovation, SQL Technologies continually evolves its offerings to meet the growing demands of businesses in an increasingly data-driven world.

How the Company Makes Money

SQL Technologies generates revenue through multiple streams, primarily by offering subscription-based services for its cloud-based data management platforms and analytics tools. The company also earns income through professional services, such as consulting and implementation support, which help clients integrate and optimize their systems. Additionally, SQL Technologies has established strategic partnerships with major technology firms, enabling cross-selling opportunities and expanding its market reach. Licensing its proprietary software to other businesses further supplements its revenue, while ongoing maintenance and support contracts create a stable income base. Overall, the company's diversified approach to revenue generation ensures resilience and growth in a competitive landscape.

SQL Technologies Financial Statement Overview

Summary

SQL Technologies faces significant financial challenges with persistent losses and high leverage. Despite some revenue growth, the company struggles with profitability and cash flow generation. High debt levels and a negative equity position pose substantial risks to financial stability.

Income Statement

SQL Technologies shows a challenging financial position with consistent negative net profit margins and EBIT margins, indicating ongoing losses. Despite a positive revenue growth rate, the company struggles with profitability, as seen in the negative EBITDA margin. The gross profit margin is relatively stable but insufficient to offset the high operating losses.

Balance Sheet

The balance sheet reveals significant financial leverage with a very high debt-to-equity ratio, indicating potential financial risk. The negative return on equity suggests the company is not generating sufficient returns on shareholders' investments. The equity ratio is low, reflecting a heavy reliance on debt financing.

Cash Flow

Cash flow analysis indicates negative operating cash flow, which is concerning for the company's liquidity. However, the free cash flow to net income ratio is above 1, suggesting that the company is managing to generate some cash relative to its net losses. The free cash flow growth rate is negative, indicating declining cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.03M	86.28M	58.79M	32.02K	43.11K	258.38K
Gross Profit	25.15M	24.59M	18.04M	13.11K	-106.18K	-244.66K
EBITDA	-28.92M	-27.65M	-36.81M	-25.75M	-5.09M	-8.62M
Net Income	-36.51M	-35.77M	-39.73M	-27.07M	-5.73M	-9.24M
Balance Sheet
Total Assets	64.44M	65.89M	76.34M	43.18M	11.95M	3.70M
Cash, Cash Equivalents and Short-Term Investments	12.85M	12.64M	16.81M	14.09M	10.43M	2.31M
Total Debt	39.70M	39.36M	37.84M	30.46M	7.20M	6.88M
Total Liabilities	58.75M	56.83M	60.12M	35.05M	12.09M	12.59M
Stockholders Equity	5.69M	9.05M	16.22M	8.13M	-102.28K	-8.85M
Cash Flow
Free Cash Flow	-15.65M	-19.24M	-12.99M	-14.46M	-4.81M	-3.24M
Operating Cash Flow	-14.17M	-18.26M	-13.00M	-13.84M	-4.63M	-3.13M
Investing Cash Flow	-2.23M	-1.73M	3.24M	-8.06M	-179.20K	-109.88K
Financing Cash Flow	16.51M	13.06M	22.73M	20.93M	12.92M	3.67M

SQL Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.17
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SKYX, the sentiment is Negative. The current price of 1.17 is above the 20-day moving average (MA) of 1.16, above the 50-day MA of 1.11, and below the 200-day MA of 1.25, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 52.72 is Neutral, neither overbought nor oversold. The STOCH value of 54.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SKYX.

SQL Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$10.74B	15.62	8.14%	2.00%	2.79%	-14.82%
ULBI	59 Neutral	$115.59M	36.29	2.35%	―	5.86%	-68.66%
OPTT	52 Neutral	$93.76M	―	-93.54%	―	6.06%	62.74%
SKYX	50 Neutral	$129.28M	―	-481.19%	―	5.71%	7.97%
CBAT	48 Neutral	$82.44M	247.00	-7.47%	―	-35.70%	-151.26%
NEOV	―	$122.51M	―	-91.79%	―	―	―
NVX	44 Neutral	$248.27M	―	-45.13%	―	-14.27%	-28.56%

SQL Technologies Corporate Events

SKYX Platforms Reports Record Q2 2025 Financial Results

On July 31, 2025, SKYX Platforms Corp. announced record pre-audited financial results for the second quarter of 2025, reporting revenues of $23.1 million, an increase from $20.1 million in the first quarter. This marks six consecutive quarters of revenue growth from Q1 2024 through Q2 2025. The company expects its products to be in 40,000 units by the end of Q2 2025 in the U.S. and Canada, leveraging its e-commerce platform and strategic investor support. SKYX aims to drive cash flow positivity in 2025 through upcoming product launches and recurring revenue opportunities.

SQL Technologies Holds Annual Stockholders Meeting

On July 9, 2025, SKYX Platforms Corp. held its Annual Meeting of Stockholders in Pompano Beach, Florida. During the meeting, several key decisions were made: the election of directors, the ratification of M&K CPAS, PLLC as the independent registered public accounting firm for the fiscal year ending December 31, 2025, and the approval of executive compensation on an advisory, non-binding basis.