What is SKYX Platforms's earnings per share (EPS)?

SKYX Platforms (SKYX) reported diluted earnings per share of -$0.32 for fiscal year 2025. This represents a 11.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SKYX Platforms Financials

SKYX

FY2025 annual

Revenue $92.0M +6.6% YoY

Net Income -$33.4M +6.6% YoY

EPS (Diluted) -$0.32 +11.1% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

SKYX Platforms (SKYX) reported $92.0M in revenue for fiscal year 2025, up 6.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SKYX FY2025 2026-05-11

Rising sales are finally absorbing fixed overhead, but tight liquidity shows the model still leans on outside capital.

From FY2023 to FY2025, revenue climbed from $58.8M to $92.0M. With SG&A still around $31.2M, the FY2025 operating loss of $29.1M suggests the model is benefiting from fixed-cost absorption: sales are spreading a steady overhead base, not yet producing a fundamentally richer margin profile.

Liquidity worsened even as cash burn eased: cash fell to $8.1M and the current ratio slipped to 0.6x in FY2025. Because negative equity has replaced balance-sheet cushion, day-to-day funding is being supported more by liabilities and fresh capital than by internally accumulated capital.

Financing costs helped the income statement more than deleveraging did, and interest expense relief cut expense from $4.1M to $1.7M. With long-term debt still near $19.3M, part of the smaller net loss came from a lighter financing burden rather than from a stronger gross profit structure.

Financial Health Signals

Financial Health Score 37/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of SKYX Platforms's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Dilution

R&D Intensity

Not available for SKYX Platforms, and counted as zero in the overall score.

Revenue Progress

Burn Trend

Balance Sheet

Altman Z-Score Distress

-3.88

SKYX Platforms scores -3.88, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($155.7M) relative to total liabilities ($57.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

3/9

SKYX Platforms passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

SKYX Platforms reported a net loss of $33.4M while operations used $13.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

SKYX Platforms reported an operating loss of $29.1M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$92.0M

YoY+6.6%

5Y CAGR+64.2%

SKYX Platforms generated $92.0M in revenue in fiscal year 2025. This represents an increase of 6.6% from the prior year.

EBITDA

-$24.8M

YoY+11.6%

SKYX Platforms's EBITDA was -$24.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.6% from the prior year.

Net Income

-$33.4M

YoY+6.6%

SKYX Platforms reported -$33.4M in net income in fiscal year 2025. This represents an increase of 6.6% from the prior year.

EPS (Diluted)

-$0.32

YoY+11.1%

SKYX Platforms earned -$0.32 per diluted share (EPS) in fiscal year 2025. This represents an increase of 11.1% from the prior year.

Cash & Balance Sheet

Cash & Debt

$8.1M

YoY-36.3%

5Y CAGR+10.5%

10Y CAGR+153.5%

SKYX Platforms held $8.1M in cash against $19.3M in long-term debt as of fiscal year 2025.

Shares Outstanding

118M

YoY+13.8%

5Y CAGR+17.0%

SKYX Platforms had 118M shares outstanding in fiscal year 2025. This represents an increase of 13.8% from the prior year.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin

30.3%

YoY+1.7pp

5Y CAGR+13.1pp

SKYX Platforms's gross margin was 30.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the prior year.

Operating Margin

-31.6%

YoY+5.6pp

SKYX Platforms's operating margin was -31.6% in fiscal year 2025, reflecting core business profitability. This is up 5.6 percentage points from the prior year.

Net Margin

-36.3%

YoY+5.1pp

SKYX Platforms's net profit margin was -36.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 5.1 percentage points from the prior year.

Return on Equity

Not reported for fiscal year 2025.

Capital Allocation

None of these metrics is reported for fiscal year 2025.

SKYX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SKYX annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY17	FY16	FY15	FY14	FY13	FY12
Revenue	$96.2M	$92.0M+6.6%	$86.3M+46.8%	$58.8M+183479.3%	$32K-25.7%	$43K	$7.7M+9.8%	$7.0M+143.2%	$2.9M	$0	N/A	N/A
Cost of Revenue	$67.2M	$64.2M+4.0%	$61.7M+51.4%	$40.7M+215359.8%	$19K-78.6%	$88K	$6.4M+4.0%	$6.1M+147.7%	$2.5M	$0	N/A	N/A
Gross Profit	$29.0M	$27.8M+13.2%	$24.6M+36.4%	$18.0M+137483.7%	$13K+128.9%	-$45K	$1.3M+50.4%	$879K+115.5%	$408K	$0	N/A	N/A
SG&A Expenses	$31.6M	$31.2M-0.3%	$31.4M-15.4%	$37.1M+40.4%	$26.4M+413.2%	$5.1M	$5.1M+16.9%	$4.4M-16.3%	$5.2M+9.1%	$4.8M+242.5%	$1.4M	N/A
Operating Income	-$29.1M	-$29.1M+9.3%	-$32.1M+15.1%	-$37.8M-42.1%	-$26.6M-413.2%	-$5.2M	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.4M	$1.7M-56.9%	$4.1M+30.4%	$3.1M+427.9%	$589K+5.1%	$560K	$295K-70.0%	$981K-65.7%	$2.9M+33.5%	$2.1M+1346.9%	-$172K	N/A
Income Tax	N/A	$0	$0	$0	$0	N/A	$0	$0	N/A	N/A	N/A	N/A
Net Income	-$33.0M	-$33.4M+6.6%	-$35.8M+10.0%	-$39.7M-47.0%	-$27.0M-371.8%	-$5.7M	-$26.7M	N/A	-$26.9M-268.7%	-$7.3M-179.7%	-$2.6M-199.6%	-$870K
EPS (Diluted)	—	-$0.32+11.1%	-$0.36+20.0%	-$0.45-12.5%	-$0.40	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$25.3M+14.4%	$22.1M-11.4%	$24.9M+4.4%	$23.9M+3.6%	$23.1M+14.7%	$20.1M-15.1%	$23.7M+6.8%	$22.2M
Cost of Revenue	$18.0M+16.2%	$15.5M-11.0%	$17.4M+6.5%	$16.3M+1.6%	$16.1M+11.5%	$14.4M-20.4%	$18.1M+18.0%	$15.3M
Gross Profit	$7.3M+10.1%	$6.6M-12.4%	$7.6M-0.1%	$7.6M+8.2%	$7.0M+22.5%	$5.7M+2.0%	$5.6M-18.2%	$6.8M
SG&A Expenses	$7.6M-1.8%	$7.7M-4.5%	$8.1M-1.8%	$8.2M-1.2%	$8.3M+26.3%	$6.6M-24.2%	$8.7M+6.5%	$8.2M
Operating Income	-$7.1M+13.4%	-$8.2M-14.7%	-$7.1M-5.2%	-$6.8M+10.1%	-$7.5M+2.5%	-$7.7M+17.8%	-$9.4M-23.4%	-$7.6M
Interest Expense	$1.1M+2.7%	$1.1M+165.0%	-$1.7M-305.5%	$834K-35.2%	$1.3M-3.8%	$1.3M+26.3%	$1.1M+6.3%	$998K
Net Income	-$8.2M+11.3%	-$9.3M-17.1%	-$7.9M-4.0%	-$7.6M+13.7%	-$8.8M+2.5%	-$9.1M+9.5%	-$10.0M-16.1%	-$8.6M
EPS (Diluted)	-$0.06+14.3%	-$0.07	N/A	-$0.07+12.5%	-$0.08+11.1%	-$0.09	N/A	-$0.08

Not reported in any period shown, so not listed: R&D Expenses.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

No annual filing on record for: FY2018, FY2019, FY2020.

SKYX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SKYX annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY17	FY16	FY15	FY14	FY13	FY12
Total Assets	$57.7M-12.4%	$65.9M-13.7%	$76.3M+76.8%	$43.2M+261.2%	$12.0M	$10.4M-16.4%	$12.5M+48.4%	$8.4M-25.3%	$11.2M+681.3%	$1.4M	N/A
Current Assets	$15.4M-24.4%	$20.4M-25.4%	$27.3M+67.3%	$16.3M+43.4%	$11.4M	$8.3M+13.3%	$7.4M+647.7%	$985K-22.5%	$1.3M+8.4%	$1.2M	N/A
Cash & Equivalents	$8.1M-36.3%	$12.6M-24.8%	$16.8M+150.1%	$6.7M-35.5%	$10.4M	$4.9M+18.2%	$4.1M+815.1%	$451K-63.7%	$1.2M+9.6%	$1.1M+153836.7%	$736
Inventory	$4.3M+12.3%	$3.8M+10.5%	$3.4M+78.1%	$1.9M+109.4%	$919K	$2.4M-2.0%	$2.4M+809.9%	$264K	$0	N/A	N/A
Accounts Receivable	$1.9M-21.7%	$2.4M-28.6%	$3.4M	N/A	N/A	$1.0M+31.8%	$797K+240.1%	$234K	$0	N/A	N/A
Goodwill	$16.2M0.0%	$16.2M0.0%	$16.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$57.3M+0.8%	$56.8M-5.5%	$60.1M+71.5%	$35.0M+128.4%	$15.3M	$80.8M-4.4%	$84.6M+105.5%	$41.1M+99.7%	$20.6M+442.3%	$3.8M	N/A
Current Liabilities	$24.6M-6.0%	$26.1M+8.0%	$24.2M+225.9%	$7.4M+181.9%	$2.6M	$31.6M+9.8%	$28.8M-1.3%	$29.2M+283.2%	$7.6M+155.1%	$3.0M	N/A
Long-Term Debt	$19.3M-3.8%	$20.1M+10.1%	$18.3M+177.9%	$6.6M-3.2%	$6.8M	$5.2M+50.6%	$3.4M	N/A	$995K+145.6%	$405K	N/A
Total Equity	-$4.6M-213.2%	$4.1M-75.0%	$16.2M+105.2%	$7.9M+333.3%	-$3.4M	-$70.4M+2.3%	-$72.1M-120.1%	-$32.7M-249.8%	-$9.4M-296.6%	-$2.4M-162.3%	-$900K
Retained Earnings	-$216.3M-19.0%	-$181.8M-24.7%	-$145.8M-37.5%	-$106.1M-42.8%	-$74.3M	-$168.1M-19.0%	-$141.2M-230.6%	-$42.7M-170.0%	-$15.8M-85.6%	-$8.5M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$74.1M-4.9%	$77.9M+35.1%	$57.7M-1.2%	$58.4M-9.3%	$64.4M+2.0%	$63.2M-4.1%	$65.9M+1.4%	$65.0M
Current Assets	$34.0M-7.6%	$36.8M+138.8%	$15.4M-6.3%	$16.4M-19.5%	$20.4M+11.9%	$18.3M-10.4%	$20.4M+7.3%	$19.0M
Cash & Equivalents	$25.7M-15.2%	$30.3M+275.8%	$8.1M+2.8%	$7.8M-39.1%	$12.8M+36.1%	$9.4M-25.3%	$12.6M+24.3%	$10.2M
Inventory	$4.3M+31.3%	$3.3M-22.4%	$4.3M+14.4%	$3.7M+19.7%	$3.1M-15.6%	$3.7M-2.8%	$3.8M-16.6%	$4.5M
Accounts Receivable	$2.4M+23.7%	$1.9M+2.2%	$1.9M-40.1%	$3.2M+35.4%	$2.3M-17.1%	$2.8M+16.4%	$2.4M-17.4%	$2.9M
Goodwill	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M0.0%	$16.2M
Total Liabilities	$55.4M+2.4%	$54.1M-5.6%	$57.3M+0.1%	$57.3M-2.5%	$58.7M-0.2%	$58.9M+3.6%	$56.8M-7.0%	$61.1M
Current Liabilities	$23.2M+7.5%	$21.6M-12.2%	$24.6M-2.3%	$25.2M-13.3%	$29.0M+1.6%	$28.6M+9.4%	$26.1M-15.0%	$30.8M
Long-Term Debt	$17.3M-6.0%	$18.4M-4.7%	$19.3M+1.8%	$19.0M-2.8%	$19.5M-2.2%	$20.0M-0.6%	$20.1M+1.3%	$19.9M
Total Equity	$13.7M-27.5%	$18.8M+510.2%	-$4.6M-19.5%	-$3.8M-656.4%	$690K+195.5%	-$722K-117.8%	$4.1M+5.7%	$3.8M
Retained Earnings	-$234.3M-3.8%	-$225.8M-4.4%	-$216.3M-3.9%	-$208.1M-3.9%	-$200.2M-4.8%	-$191.1M-5.1%	-$181.8M-6.0%	-$171.6M

No annual filing on record for: FY2018, FY2019, FY2020.

SKYX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SKYX annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY17	FY16	FY15	FY14	FY13	FY12
Operating Cash Flow	-$16.7M	-$13.3M+27.2%	-$18.3M-40.5%	-$13.0M+6.1%	-$13.8M-199.0%	-$4.6M	-$4.3M+29.5%	-$6.2M-63.7%	-$3.8M-109.3%	-$1.8M-162.5%	-$686K	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	$313K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$14.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.2M	-$1.9M-11.6%	-$1.7M-153.4%	$3.2M+140.2%	-$8.1M-4395.7%	-$179K	-$242K-453.1%	-$44K+26.5%	-$59K+64.7%	-$169K-2702.9%	-$6K	N/A
Financing Cash Flow	$29.9M	$9.8M-24.8%	$13.1M-42.5%	$22.7M+8.6%	$20.9M+61.9%	$12.9M	$5.3M-46.0%	$9.9M+225.6%	$3.0M+46.2%	$2.1M+13.9%	$1.8M	N/A
Dividends Paid	$1.0M	$1.0M	N/A	N/A	$38K-70.6%	$129K	-$150K-383.6%	-$31K	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$3.7M+38.9%	-$6.0M-201.5%	-$2.0M+60.0%	-$5.0M-151.2%	-$2.0M+54.1%	-$4.3M+18.5%	-$5.3M-107.8%	-$2.6M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$257K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$2.8M
Investing Cash Flow	$2K+102.0%	-$94K+91.2%	-$1.1M-1166.9%	-$85K+76.6%	-$362K+12.4%	-$413K+65.4%	-$1.2M-365.6%	-$257K
Financing Cash Flow	-$932K-103.3%	$28.3M+760.6%	$3.3M+534.9%	-$757K-113.2%	$5.8M+273.3%	$1.5M-82.8%	$9.0M+3367.7%	$258K
Dividends Paid	$257K+3.1%	$249K-23.0%	$323K+52.1%	$213K-21.8%	$272K+27.8%	$213K	N/A	N/A

Not reported in any period shown, so not listed: Share Buybacks.

No annual filing on record for: FY2018, FY2019, FY2020.

SKYX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SKYX annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY17	FY16	FY15	FY14	FY13	FY12
Gross Margin	30.3%+1.7pp	28.5%-2.2pp	30.7%-10.3pp	40.9%	-105.2%	17.2%+4.6pp	12.5%-1.6pp	14.1%	N/A	N/A	N/A
Operating Margin	-31.6%+5.6pp	-37.2%+27.1pp	-64.3%	-83146.5%	-12034.8%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-36.3%+5.1pp	-41.5%+26.1pp	-67.6%	-84429.3%	-13292.9%	-346.9%	N/A	-932.1%	N/A	N/A	N/A
Return on Equity	N/A	-882.4%-637.5pp	-244.9%+97.0pp	-341.9%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-57.9%-3.6pp	-54.3%-2.2pp	-52.0%+10.6pp	-62.6%-14.7pp	-47.9%	-256.3%	N/A	-320.1%-255.3pp	-64.9%+116.4pp	-181.2%	N/A
Current Ratio	0.63-0.2x	0.78-0.3x	1.13-1.1x	2.20-2.1x	4.32	0.260.0x	0.26+0.2x	0.03-0.1x	0.17-0.2x	0.39	N/A
Debt-to-Equity	N/A	4.96+3.8x	1.13+0.3x	0.83	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	-44191.9%	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	28.9%-1.1pp	30.0%-0.3pp	30.3%-1.4pp	31.7%+1.3pp	30.3%+1.9pp	28.4%+4.8pp	23.6%-7.2pp	30.9%
Operating Margin	-28.0%+9.0pp	-36.9%-8.4pp	-28.5%-0.2pp	-28.3%+4.3pp	-32.6%+5.7pp	-38.4%+1.3pp	-39.6%-5.3pp	-34.3%
Net Margin	-32.5%+9.4pp	-42.0%-10.2pp	-31.8%+0.1pp	-31.9%+6.4pp	-38.3%+6.7pp	-45.0%-2.7pp	-42.3%-3.4pp	-38.9%
Return on Equity	-60.2%-10.9pp	-49.3%	N/A	N/A	-1279.4%	N/A	-246.9%-22.1pp	-224.8%
Return on Assets	-11.1%+0.8pp	-11.9%+1.8pp	-13.7%-0.7pp	-13.0%+0.7pp	-13.7%+0.6pp	-14.3%+0.9pp	-15.2%-1.9pp	-13.3%
Current Ratio	1.46-0.2x	1.70+1.1x	0.630.0x	0.65-0.1x	0.70+0.1x	0.64-0.1x	0.78+0.2x	0.62
Debt-to-Equity	1.27+0.3x	0.98	N/A	N/A	28.32	N/A	4.96-0.2x	5.18
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-12.7%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.

No annual filing on record for: FY2018, FY2019, FY2020.

Note: Shareholder equity is negative (-$4.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.63), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is SKYX Platforms's annual revenue?

SKYX Platforms (SKYX) reported $92.0M in total revenue for fiscal year 2025. This represents a 6.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SKYX Platforms's revenue growing?

SKYX Platforms (SKYX) revenue grew by 6.6% year-over-year, from $86.3M to $92.0M in fiscal year 2025.

Is SKYX Platforms profitable?

No, SKYX Platforms (SKYX) reported a net income of -$33.4M in fiscal year 2025, with a net profit margin of -36.3%.

What is SKYX Platforms's EBITDA?

SKYX Platforms (SKYX) had EBITDA of -$24.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SKYX Platforms have?

As of fiscal year 2025, SKYX Platforms (SKYX) had $8.1M in cash and equivalents against $19.3M in long-term debt.

What is SKYX Platforms's gross margin?

SKYX Platforms (SKYX) had a gross margin of 30.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is SKYX Platforms's operating margin?

SKYX Platforms (SKYX) had an operating margin of -31.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SKYX Platforms's net profit margin?

SKYX Platforms (SKYX) had a net profit margin of -36.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is SKYX Platforms's operating cash flow?

SKYX Platforms (SKYX) recorded an outflow of $13.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are SKYX Platforms's total assets?

SKYX Platforms (SKYX) had $57.7M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does SKYX Platforms have outstanding?

SKYX Platforms (SKYX) had 118M shares outstanding as of fiscal year 2025.

What is SKYX Platforms's current ratio?

SKYX Platforms (SKYX) had a current ratio of 0.63 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is SKYX Platforms's return on assets (ROA)?

SKYX Platforms (SKYX) had a return on assets of -57.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SKYX Platforms's cash runway?

Based on fiscal year 2025 data, SKYX Platforms (SKYX) had $8.1M in cash against an annual operating cash burn of $13.3M. This gives an estimated cash runway of approximately 7 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is SKYX Platforms's debt-to-equity ratio negative or not reported?

SKYX Platforms (SKYX) has negative shareholder equity of -$4.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is SKYX Platforms's Altman Z-Score?

SKYX Platforms (SKYX) has an Altman Z-Score of -3.88, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SKYX Platforms's Piotroski F-Score?

SKYX Platforms (SKYX) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SKYX Platforms's earnings high quality?

SKYX Platforms (SKYX) reported a net loss of $33.4M while operations used $13.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SKYX Platforms cover its interest payments?

SKYX Platforms (SKYX) reported an operating loss of $29.1M against $1.7M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is SKYX Platforms?

SKYX Platforms (SKYX) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.