SKYX Platforms Corp. (SKYX)

SKYX Platforms Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	89.03	86.28	58.79	0.03	0.04	0.26
Revenue Growth (YoY)	5.71%	46.77%	183479.30%	-25.72%	-83.31%	-93.22%
Cost of Revenue	63.88	61.68	40.75	0.02	0.09	0.5
Gross Profit	25.15	24.59	18.04	0.01	-0.05	-0.24
Selling, General & Admin	57.37	56.71	55.86	26.64	5.14	8.74
Operating Expenses	57.37	56.71	55.86	26.64	5.14	8.74
Operating Income	-32.22	-32.11	-37.83	-26.63	-5.19	-8.99
Interest Expense	-4.98	-4.36	-3.56	-0.78	-0.56	-0.52
Interest & Investment Income	0.3	0.3	0.45	0.19	-	0
Currency Exchange Gain (Loss)	-	-	-	-	-	0
Other Non Operating Income (Expenses)	-	-	-	-	0.02	-
EBT Excluding Unusual Items	-36.91	-36.17	-40.93	-27.21	-5.73	-9.5
Other Unusual Items	0.4	0.4	1.2	0.18	-	0.26
Pretax Income	-36.51	-35.77	-39.73	-27.04	-5.73	-9.24
Earnings From Continuing Operations	-36.51	-35.77	-39.73	-27.04	-5.73	-9.24
Minority Interest in Earnings	-	-	-	-0.04	-	-
Net Income	-36.51	-35.77	-39.73	-27.07	-5.73	-9.24
Preferred Dividends & Other Adjustments	0.7	0.21	-	4.73	0.13	0.13
Net Income to Common	-37.21	-35.98	-39.73	-31.8	-5.86	-9.37
Shares Outstanding (Basic)	104	100	88	79	65	63
Shares Outstanding (Diluted)	104	100	88	79	65	63
Shares Change (YoY)	9.99%	12.90%	11.17%	22.40%	3.49%	8.26%
EPS (Basic)	-0.36	-0.36	-0.45	-0.40	-0.09	-0.15
EPS (Diluted)	-0.36	-0.36	-0.45	-0.40	-0.09	-0.15
Free Cash Flow	-15.65	-19.24	-13	-14.15	-4.63	-3.14
Free Cash Flow Per Share	-0.15	-0.19	-0.15	-0.18	-0.07	-0.05
Gross Margin	28.25%	28.51%	30.68%	40.94%	-105.20%	-94.69%
Operating Margin	-36.19%	-37.22%	-64.34%	-83146.53%	-12034.80%	-3477.87%
Profit Margin	-41.80%	-41.70%	-67.59%	-99308.16%	-13593.15%	-3627.39%
Free Cash Flow Margin	-17.58%	-22.30%	-22.11%	-44191.92%	-10735.01%	-1217.08%
EBITDA	-30.37	-30.17	-36.81	-25.74	-5.1	-8.88
EBITDA Margin	-34.12%	-34.97%	-62.62%	-	-	-
D&A For EBITDA	1.85	1.94	1.02	0.88	0.08	0.11
EBIT	-32.22	-32.11	-37.83	-26.63	-5.19	-8.99
EBIT Margin	-36.19%	-37.22%	-64.34%	-	-	-

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q