SKYX Platforms Corp.

SKYX Platforms Corp.

SKYXยทNASDAQ

$1.16

-1.3%
IndustrialsElectrical Equipment & Parts

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings. It offers power-plugs; universal power-plug and receptacle products; and smart products. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is headquartered in Pompano Beach, Florida.

At a Glance

Live Snapshot
Market Cap$125.62M
EPS-0.3200
P/E Ratio-3.61
Earnings Date08/11/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -3.6).

Valuation inputs: P/E -3.6, earnings yield N/A, momentum -1.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -81.2%, ROIC -76.0%).

Profitability stack: net margin -36.3%, ROE -81.2%, ROIC -76.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +99.3%, momentum -1.3%, net margin -36.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

skyx

SKYX Platforms Corp. Market vs Earnings Trajectory

SKYX ยท NASDAQ

Loading price and EPS data...

SKYX Platforms Corp.

SKYX Platforms Corp. Fair Value Envelope

SKYX ยท NASDAQ

Our analysis suggests that SKYX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.155, this represents a potential HIDDEN relative to our calculated worth for SKYX Platforms Corp..

Intrinsic Value
Current Price: $1.155
3Y-20.0%
5Y+113.0%
10Y-58.0%
3Y+287234.0%
5Y+35511.0%
10Y+3089.0%
3Y+23.0%
5Y+262.0%
10Y+24.0%
3Y-4.0%
5Y+325.0%
10Y+253.0%
3Y+5.0%
5Y+370.0%
10Y+298.0%
3Y+34.0%
5Y+1459.0%
10Y+587.0%
SKYX Platforms Corp.

SKYX Platforms Corp. Profit Bridge

SKYX ยท NASDAQ
Revenue92.01M
Cost of Goods Sold (64.17M)
Gross Profit27.84M
Operating Expenses (56.95M)
Operating Income-29.11M
Interest Expense (4.30M)
Other Income/Expense-4.30M
Pretax Income-33.42M
Income Tax (0.00)
Net Income-33.42M
Net Income
-33.42M

Profitability Analysis

Gross Margin

30.3%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

-31.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-36.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

30.25%
Gross Profit Margin
6%
3Y-26.0%
5Y-132.0%
10Y+114.0%
-31.64%
Operating Profit Margin
-15%
3Y-100.0%
5Y-99.0%
10Y-81.0%
-36.32%
Net Profit Margin
-12%
3Y-100.0%
5Y-99.0%
10Y-96.0%
-8118.19%
Return on Equity
1955%
3Y+2337.0%
5Y-7872.0%
10Y-9976.0%
-57.90%
Return on Assets
7%
3Y-8.0%
5Y-77.0%
10Y-82.0%
-75.98%
Return on Invested Capital
19%
3Y+10.0%
5Y-84.0%
10Y-361.0%
SKYX

SKYX Platforms Corp. Cash Conversion Engine

SKYX ยท NASDAQ
Net Income-33.42M
Depreciation & Amortization4.32M
Stock-Based Compensation13.56M
Change in Working Capital514.34K
Others1.73M
Capital Expenditures-1.93M
Free Cash Flow-15.22M

Cash Flow Quality Analysis

FCF Conversion Rate

45.6%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

-14.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+20.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$514.34K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

skyx

SKYX Platforms Corp. Funding & Solvency Profile

SKYX ยท NASDAQ
Cash & Cash Equivalents30.26M
Net Receivables1.93M
Inventory3.30M
Other Current Assets1.28M
Total Current Assets37 M
Property, Plant & Equipment18.16M
Goodwill & Intangible Assets20.76M
Long-Term Investments0.00
Other Non-Current Assets-34.52M
Total Non-Current Assets-16366659
Total Assets
41.17M

Financial Health Analysis

Current Ratio

1.70x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

3.77x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

15 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

89% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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SKYX Platforms Corp. Street Expectations Map

SKYX ยท NASDAQ

No Target Data

No analyst price targets available for skyx.

skyx

SKYX Platforms Corp. Insider Positioning

SKYX ยท NASDAQ

During the last 12 months, insiders have purchased $555K and sold $46K worth of SKYX shares, resulting in $509K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

25.6K

29.86K

Net Activity

-30K

-$30K

9-12 Months

Bought

500.0K

555.00K

Sold

14.7K

16.07K

Net Activity

+539K

+$539K

Top Buyers

1
BPA

Barron Patricia Ann

Officer: Chief Operations Officer

500.0K sharesโ€ข1 transactions

$555K

Top Sellers

1
SLJ

Sokolow Leonard J

Director, Officer: Co-Chief Executive Officer

19.7K sharesโ€ข1 transactions

$23K

2
SSM

Schmidt Steven Mark

Officer: President

11.9K sharesโ€ข2 transactions

$14K

3
BPA

Barron Patricia Ann

Officer: Chief Operations Officer

8.8K sharesโ€ข1 transactions

$9K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $509K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

12.08:1

Exceptional buy/sell ratio. Buying dramatically outweighs sellingโ€”one of the strongest possible insider signals.

Insider Participation

High Selling

3 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

0.17%
Dividend Yield
25%
3Y-
5Y+3895.0%
10Y-
ย 

skyx Dividend History

SKYX
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%