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SKYX PLATFORMS CORP (SKYX) Stock Fundamental Analysis

NASDAQ:SKYX - Nasdaq - US78471E1055 - Common Stock - Currency: USD

1.31  -0.08 (-5.76%)

Fundamental Rating

2

SKYX gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 97 industry peers in the Electrical Equipment industry. Both the profitability and financial health of SKYX have multiple concerns. SKYX shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

SKYX had negative earnings in the past year.
In the past year SKYX has reported a negative cash flow from operations.
In the past 5 years SKYX always reported negative net income.
SKYX had a negative operating cash flow in each of the past 5 years.
SKYX Yearly Net Income VS EBIT VS OCF VS FCFSKYX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M

1.2 Ratios

The Return On Assets of SKYX (-54.61%) is worse than 75.26% of its industry peers.
Looking at the Return On Equity, with a value of -397.43%, SKYX is doing worse than 76.29% of the companies in the same industry.
Industry RankSector Rank
ROA -54.61%
ROE -397.43%
ROIC N/A
ROA(3y)-60.1%
ROA(5y)-96.52%
ROE(3y)-344.5%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
SKYX Yearly ROA, ROE, ROICSKYX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2019 2020 2021 2022 2023 2024 0 2K 4K 6K

1.3 Margins

SKYX has a better Gross Margin (28.51%) than 64.95% of its industry peers.
In the last couple of years the Gross Margin of SKYX has grown nicely.
SKYX does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 28.51%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y33.1%
SKYX Yearly Profit, Operating, Gross MarginsSKYX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2019 2020 2021 2022 2023 2024 0 -20K -40K -60K -80K -100K

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0

2. Health

2.1 Basic Checks

SKYX does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SKYX has more shares outstanding
The number of shares outstanding for SKYX has been increased compared to 5 years ago.
SKYX has a worse debt/assets ratio than last year.
SKYX Yearly Shares OutstandingSKYX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
SKYX Yearly Total Debt VS Total AssetsSKYX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2019 2020 2021 2022 2023 2024 20M 40M 60M

2.2 Solvency

SKYX has an Altman-Z score of -2.73. This is a bad value and indicates that SKYX is not financially healthy and even has some risk of bankruptcy.
SKYX has a worse Altman-Z score (-2.73) than 71.13% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that SKYX is somewhat dependend on debt financing.
SKYX has a worse Debt to Equity ratio (0.93) than 65.98% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.93
Debt/FCF N/A
Altman-Z -2.73
ROIC/WACCN/A
WACC9.63%
SKYX Yearly LT Debt VS Equity VS FCFSKYX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2019 2020 2021 2022 2023 2024 0 10M -10M -20M

2.3 Liquidity

SKYX has a Current Ratio of 0.78. This is a bad value and indicates that SKYX is not financially healthy enough and could expect problems in meeting its short term obligations.
SKYX has a Current ratio of 0.78. This is amonst the worse of the industry: SKYX underperforms 83.51% of its industry peers.
A Quick Ratio of 0.63 indicates that SKYX may have some problems paying its short term obligations.
The Quick ratio of SKYX (0.63) is worse than 78.35% of its industry peers.
Industry RankSector Rank
Current Ratio 0.78
Quick Ratio 0.63
SKYX Yearly Current Assets VS Current LiabilitesSKYX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2019 2020 2021 2022 2023 2024 10M 20M 30M

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7

3. Growth

3.1 Past

SKYX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.98%, which is quite good.
Looking at the last year, SKYX shows a very strong growth in Revenue. The Revenue has grown by 46.77%.
The Revenue has been growing by 86.64% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)16.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%21.43%
Revenue 1Y (TTM)46.77%
Revenue growth 3Y1192.05%
Revenue growth 5Y86.64%
Sales Q2Q%6.81%

3.2 Future

The Earnings Per Share is expected to grow by 21.18% on average over the next years. This is a very strong growth
Based on estimates for the next years, SKYX will show a very strong growth in Revenue. The Revenue will grow by 30.63% on average per year.
EPS Next Y21.43%
EPS Next 2Y21.5%
EPS Next 3Y21.18%
EPS Next 5YN/A
Revenue Next Year19.22%
Revenue Next 2Y23.26%
Revenue Next 3Y20.97%
Revenue Next 5Y30.63%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
SKYX Yearly Revenue VS EstimatesSKYX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 100M 200M 300M 400M 500M
SKYX Yearly EPS VS EstimatesSKYX Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 -0.1 -0.2 -0.3 -0.4

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for SKYX. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SKYX. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
SKYX Price Earnings VS Forward Price EarningsSKYX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SKYX Per share dataSKYX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 0.6 0.8

4.3 Compensation for Growth

A more expensive valuation may be justified as SKYX's earnings are expected to grow with 21.18% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.5%
EPS Next 3Y21.18%

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0

5. Dividend

5.1 Amount

No dividends for SKYX!.
Industry RankSector Rank
Dividend Yield N/A

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SKYX PLATFORMS CORP

NASDAQ:SKYX (5/5/2025, 11:11:37 AM)

1.31

-0.08 (-5.76%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)03-24 2025-03-24/amc
Earnings (Next)05-12 2025-05-12
Inst Owners7.91%
Inst Owner ChangeN/A
Ins Owners20.99%
Ins Owner Change2.87%
Market Cap136.86M
Analysts82
Price Target3.19 (143.51%)
Short Float %5.73%
Short Ratio8.58
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.47%
Min EPS beat(2)-45.73%
Max EPS beat(2)8.8%
EPS beat(4)2
Avg EPS beat(4)-4.86%
Min EPS beat(4)-45.73%
Max EPS beat(4)23.48%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.69%
Min Revenue beat(2)-7.16%
Max Revenue beat(2)-4.21%
Revenue beat(4)1
Avg Revenue beat(4)-7.25%
Min Revenue beat(4)-19.69%
Max Revenue beat(4)2.07%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-2.34%
EPS NQ rev (1m)-27.17%
EPS NQ rev (3m)-82.82%
EPS NY rev (1m)-25.27%
EPS NY rev (3m)-53.23%
Revenue NQ rev (1m)-11.7%
Revenue NQ rev (3m)-24.85%
Revenue NY rev (1m)-3.9%
Revenue NY rev (3m)-16.19%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.59
P/FCF N/A
P/OCF N/A
P/B 15.12
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.37
EYN/A
EPS(NY)-0.29
Fwd EYN/A
FCF(TTM)-0.18
FCFYN/A
OCF(TTM)-0.17
OCFYN/A
SpS0.83
BVpS0.09
TBVpS-0.12
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -54.61%
ROE -397.43%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 28.51%
FCFM N/A
ROA(3y)-60.1%
ROA(5y)-96.52%
ROE(3y)-344.5%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y33.1%
F-Score3
Asset Turnover1.31
Health
Industry RankSector Rank
Debt/Equity 0.93
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 24.13%
Cap/Sales 1.14%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.78
Quick Ratio 0.63
Altman-Z -2.73
F-Score3
WACC9.63%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%21.43%
EPS Next Y21.43%
EPS Next 2Y21.5%
EPS Next 3Y21.18%
EPS Next 5YN/A
Revenue 1Y (TTM)46.77%
Revenue growth 3Y1192.05%
Revenue growth 5Y86.64%
Sales Q2Q%6.81%
Revenue Next Year19.22%
Revenue Next 2Y23.26%
Revenue Next 3Y20.97%
Revenue Next 5Y30.63%
EBIT growth 1Y15.1%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year83.59%
EBIT Next 3Y24.78%
EBIT Next 5Y29.69%
FCF growth 1Y-48.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-40.49%
OCF growth 3YN/A
OCF growth 5YN/A