SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · IEX Real-Time Price · USD
0.910
+0.040 (4.59%)
At close: May 31, 2024, 4:00 PM
0.929
+0.019 (2.12%)
After-hours: May 31, 2024, 5:47 PM EDT

SKYX Platforms Statistics

Total Valuation

SKYX Platforms has a market cap or net worth of $91.15 million. The enterprise value is $115.39 million.

Market Cap 91.15M
Enterprise Value 115.39M

Important Dates

The last earnings date was Tuesday, May 14, 2024, after market close.

Earnings Date May 14, 2024
Ex-Dividend Date n/a

Share Statistics

SKYX Platforms has 100.17 million shares outstanding. The number of shares has increased by 14.62% in one year.

Shares Outstanding 100.17M
Shares Change (YoY) +14.62%
Shares Change (QoQ) +3.01%
Owned by Insiders (%) 41.17%
Owned by Institutions (%) 11.51%
Float 58.85M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.17
Forward PS 1.21
PB Ratio 6.75
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.48
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.05, with a Debt / Equity ratio of 3.05.

Current Ratio 1.05
Quick Ratio 0.86
Debt / Equity 3.05
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -12.05

Financial Efficiency

Return on equity (ROE) is -244.70% and return on invested capital (ROIC) is -72.26%.

Return on Equity (ROE) -244.70%
Return on Assets (ROA) -53.60%
Return on Capital (ROIC) -72.26%
Revenue Per Employee $1.30M
Profits Per Employee -$690,810
Employee Count 60
Asset Turnover 1.01
Inventory Turnover 18.42

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -71.11% in the last 52 weeks. The beta is -2,613.79, so SKYX Platforms's price volatility has been lower than the market average.

Beta (1Y) -2,613.79
52-Week Price Change -71.11%
50-Day Moving Average 1.03
200-Day Moving Average 1.40
Relative Strength Index (RSI) 44.15
Average Volume (30 Days) 270,177

Short Selling Information

The latest short interest is 5.53 million, so 5.52% of the outstanding shares have been sold short.

Short Interest 5.53M
Short Previous Month 5.42M
Short % of Shares Out 5.52%
Short % of Float 9.40%
Short Ratio (days to cover) 22.57

Income Statement

In the last 12 months, SKYX Platforms had revenue of $77.75 million and -$41.45 million in losses. Loss per share was -$0.46.

Revenue 77.75M
Gross Profit 23.61M
Operating Income -39.47M
Pretax Income -41.45M
Net Income -41.45M
EBITDA -34.18M
EBIT -38.27M
Loss Per Share -$0.46
Full Income Statement

Balance Sheet

The company has $16.90 million in cash and $41.13 million in debt, giving a net cash position of -$24.24 million or -$0.24 per share.

Cash & Cash Equivalents 16.90M
Total Debt 41.13M
Net Cash -24.24M
Net Cash Per Share -$0.24
Equity / Book Value 13.50M
Book Value Per Share 0.13
Working Capital 1.15M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$15.06 million and capital expenditures -$43,147, giving a free cash flow of -$15.10 million.

Operating Cash Flow -15.06M
Capital Expenditures -43,147
Free Cash Flow -15.10M
FCF Per Share -$0.16
Full Cash Flow Statement

Margins

Gross margin is 30.36%, with operating and profit margins of -50.77% and -53.31%.

Gross Margin 30.36%
Operating Margin -50.77%
Pretax Margin -53.31%
Profit Margin -53.31%
EBITDA Margin -43.96%
EBIT Margin -49.22%
FCF Margin -19.43%

Dividends & Yields

SKYX Platforms does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -14.62%
Shareholder Yield -14.62%
Earnings Yield -45.47%
FCF Yield -16.57%

Analyst Forecast

The average price target for SKYX Platforms is $5.00, which is 449.45% higher than the current price. The consensus rating is "Strong Buy".

Price Target $5.00
Price Target Difference 449.45%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

SKYX Platforms has an Altman Z-Score of -2.67 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.67
Piotroski F-Score 2