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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SKYX›Financials
Annual statements · SEC XBRL · FY2013 – FY2025

SKYX Platforms Corp. (SKYX) financials

Income statement

SKYX Platforms Corp. (SKYX) income statement, annual, from SEC filings
Fiscal yearFY2013FY2014FY2015FY2016FY2017FY2021FY2022FY2023FY2024FY2025
Revenue—$0.00$2.89M$7.01M$7.70M$43.1K$32.0K$58.8M$86.3M$92.0M
Revenue growth———143.2%9.8%-99.4%-25.7%183479.3%46.8%6.6%
Gross profit—$0.00$408K$879K$1.32M-$45.4K$13.1K$18.0M——
Gross margin——14.1%12.5%17.2%-105.2%40.9%30.7%——
Operating income—————-$5.19M-$26.6M-$37.8M-$32.1M-$29.1M
Operating margin—————-12034.8%-83146.5%-64.3%-37.2%-31.6%
Net income-$2.61M-$7.29M-$26.9M-$98.4M-$26.7M-$5.73M-$27.0M-$39.7M-$35.8M-$33.4M
Net margin——-932.1%-1403.4%-347.0%-13292.8%-84429.3%-67.6%-41.5%-36.3%
EPS (diluted)-$0.08-$0.22-$0.76-$2.60-$0.55—-$0.40-$0.45-$0.36-$0.32

Cash flow

SKYX Platforms Corp. (SKYX) cash flow, annual, from SEC filings
Fiscal yearFY2013FY2014FY2015FY2016FY2017FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$686K-$1.80M-$3.77M-$6.17M-$4.35M-$4.63M-$13.8M-$13.0M-$18.3M-$13.3M
Capital expenditures——————$313K———
Free cash flow——————-$14.2M———
Dividends paid———-$31.0K-$150K$129K$38.1K——$1.02M

Balance sheet

SKYX Platforms Corp. (SKYX) balance sheet, annual, from SEC filings
Fiscal yearFY2013FY2014FY2015FY2016FY2017FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.13M$1.24M$451K$4.13M$4.88M$10.4M$6.72M$16.8M$12.6M$8.05M
Total assets$1.44M$11.2M$8.40M$12.5M$10.4M$12.0M$43.2M$76.3M$65.9M$57.7M
Total liabilities$3.80M$20.6M$41.1M$40.2M$35.1M$12.1M$35.0M$60.1M$56.8M$57.3M
Long-term debt$816K$995K—$3.42M$3.73M$7.20M$6.57M$18.3M$20.1M$19.3M
Shareholders' equity-$2.36M-$9.36M-$32.7M-$72.1M-$70.4M-$3.39M$7.91M$16.2M$4.05M-$4.59M
Retained earnings-$8.52M-$15.8M-$42.7M-$141M-$168M-$74.3M-$106M-$146M-$182M-$216M
Shares (wtd avg diluted)34.5M35.8M41.5M53.2M53.2M64.9M79.5M88.4M99.8M109M

Every figure is extracted from SKYX Platforms Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is SKYX Platforms Corp.'s annual revenue?
SKYX Platforms Corp. (SKYX) reported $92.0M of revenue for fiscal year 2025 — up 6.6% from $86.3M in FY2024, per its annual report filed with the SEC.
Is SKYX Platforms Corp. profitable?
Not in FY2025 — SKYX reported a net loss of $33.4M, per SEC filings.
Does SKYX pay a dividend?
Yes — SKYX Platforms Corp. paid $1.02M in cash dividends during FY2025, per its SEC cash-flow statement.
Full SKYX analysis — verdict, score & filings →Is SKYX a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.