SKYX Platforms Corp. (SKYX)
NASDAQ: SKYX · IEX Real-Time Price · USD
0.840
-0.012 (-1.37%)
Apr 24, 2024, 11:33 AM EDT - Market open

SKYX Platforms Statistics

Total Valuation

SKYX Platforms has a market cap or net worth of $81.66 million. The enterprise value is $100.76 million.

Market Cap 81.66M
Enterprise Value 100.76M

Important Dates

The next estimated earnings date is Friday, May 10, 2024, after market close.

Earnings Date May 10, 2024
Ex-Dividend Date n/a

Share Statistics

SKYX Platforms has 96.87 million shares outstanding. The number of shares has increased by 11.17% in one year.

Shares Outstanding 96.87M
Shares Change (YoY) +11.17%
Shares Change (QoQ) +1.36%
Owned by Insiders (%) 42.55%
Owned by Institutions (%) 12.00%
Float 55.66M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.40
Forward PS 0.69
PB Ratio 5.08
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.71
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.13, with a Debt / Equity ratio of 2.33.

Current Ratio 1.13
Quick Ratio 0.95
Debt / Equity 2.33
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -11.78

Financial Efficiency

Return on equity (ROE) is -253.10% and return on invested capital (ROIC) is -69.97%.

Return on Equity (ROE) -253.10%
Return on Assets (ROA) -55.90%
Return on Capital (ROIC) -69.97%
Revenue Per Employee $979,763
Profits Per Employee -$662,211
Employee Count 60
Asset Turnover 0.83
Inventory Turnover 15.24

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -75.18% in the last 52 weeks. The beta is -2,713.33, so SKYX Platforms's price volatility has been lower than the market average.

Beta (1Y) -2,713.33
52-Week Price Change -75.18%
50-Day Moving Average 1.22
200-Day Moving Average 1.57
Relative Strength Index (RSI) 28.03
Average Volume (30 Days) 311,338

Short Selling Information

The latest short interest is 4.94 million, so 5.10% of the outstanding shares have been sold short.

Short Interest 4.94M
Short Previous Month 4.43M
Short % of Shares Out 5.10%
Short % of Float 8.87%
Short Ratio (days to cover) 18.10

Income Statement

In the last 12 months, SKYX Platforms had revenue of $58.79 million and -$39.73 million in losses. Loss per share was -$0.45.

Revenue 58.79M
Gross Profit 18.04M
Operating Income -37.83M
Pretax Income -39.73M
Net Income -39.73M
EBITDA -32.85M
EBIT -36.62M
Loss Per Share -$0.45
Full Income Statement

Balance Sheet

The company has $19.56 million in cash and $37.84 million in debt, giving a net cash position of -$18.28 million or -$0.19 per share.

Cash & Cash Equivalents 19.56M
Total Debt 37.84M
Net Cash -18.28M
Net Cash Per Share -$0.19
Equity / Book Value 16.22M
Book Value Per Share 0.17
Working Capital 3.13M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$13.00 million and capital expenditures $10,194, giving a free cash flow of -$12.99 million.

Operating Cash Flow -13.00M
Capital Expenditures 10,194
Free Cash Flow -12.99M
FCF Per Share -$0.15
Full Cash Flow Statement

Margins

Gross margin is 30.68%, with operating and profit margins of -64.34% and -67.59%.

Gross Margin 30.68%
Operating Margin -64.34%
Pretax Margin -67.59%
Profit Margin -67.59%
EBITDA Margin -55.88%
EBIT Margin -62.30%
FCF Margin -22.09%

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 -11.17%
Shareholder Yield -11.17%
Earnings Yield -48.17%
FCF Yield -15.75%

Analyst Forecast

The average price target for SKYX Platforms is $6.00, which is 614.54% higher than the current price. The consensus rating is "Strong Buy".

Price Target $6.00
Price Target Difference 614.54%
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 -2.61 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.61
Piotroski F-Score 2