SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · IEX Real-Time Price · USD
0.910
-0.017 (-1.83%)
At close: Jul 2, 2024, 4:00 PM
0.905
-0.005 (-0.55%)
After-hours: Jul 2, 2024, 4:07 PM EDT

SKYX Platforms Statistics

Total Valuation

SKYX Platforms has a market cap or net worth of $91.16 million. The enterprise value is $115.40 million.

Market Cap 91.16M
Enterprise Value 115.40M

Important Dates

The next estimated earnings date is Wednesday, August 7, 2024, before market open.

Earnings Date Aug 7, 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 (%) 11.66%
Float 58.86M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.17
Forward PS 1.28
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 -65.91% in the last 52 weeks. The beta is -2,809.07, so SKYX Platforms's price volatility has been lower than the market average.

Beta (5Y) -2,809.07
52-Week Price Change -65.91%
50-Day Moving Average 0.96
200-Day Moving Average 1.32
Relative Strength Index (RSI) 44.81
Average Volume (20 Days) 609,350

Short Selling Information

The latest short interest is 4.99 million, so 4.98% of the outstanding shares have been sold short.

Short Interest 4.99M
Short Previous Month 5.21M
Short % of Shares Out 4.98%
Short % of Float 8.48%
Short Ratio (days to cover) 28.93

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 449.39% higher than the current price. The consensus rating is "Strong Buy".

Price Target $5.00
Price Target Difference 449.39%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 37.03%
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