GICS Sector : Industrials
SKYX Platforms Corp.provides a series of safe-smart platform technologies.The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings.
SKYX Platforms Corp. reported a record revenue of $24 million in Q3 2025, marking its seventh consecutive quarter of growth. The company's gross profit for the quarter increased by 8% to $8 million, with a gross margin of 32%. The net loss per share decreased to $0.07, beating estimates of -$0.08. Adjusted EBITDA loss per share remained stable at $0.02. The company's financial performance has been driven by significant agreements, including a deal with Global Ventures Group to deploy smart home technologies in the Middle East and a $3 billion mixed-use Urban Smart Home City project in Miami.
Publication Date: Dec -02
The company is making progress in its Safety Code Standardization efforts, with significant support from a prominent leader in government safety organizations. Additionally, SKYX is launching new products, including an AI-driven software for its e-commerce platform, expected to increase conversion rates by 30%, and a patented Advanced & Smart Turbo heater fan and variety of Plug & Play ceiling fans. These initiatives are expected to drive growth and expand the company's offerings in the smart home and building space.
SKYX has announced several customer partnerships, including with Marriott Hotel, and expects significant growth in the B2B segment in 2026. The company is also expanding its presence in the Middle East, with a deal with Global Ventures Group to deploy smart home technologies in the region. The partnership is expected to increase the value of developments, provide better homes and hotels, and introduce the company's product to other builders. Analysts estimate next year's revenue growth at 28.1%, indicating a positive outlook for the company's prospects.
With a P/S Ratio of 2.66 and an EV/EBITDA of -9.13, the company's valuation metrics indicate that the market is pricing in significant growth expectations. The company's ROE and ROIC are negative, at -638.94% and -69.09%, respectively, reflecting its current loss-making position. However, as the company continues to grow and expand its offerings, these metrics are expected to improve. Khadija Mustafa, former Head of AI for Microsoft, highlighted SKYX's potential to unify the smart home and building space, creating an infrastructure that can connect various technologies and enable AI-driven services.
The company is set to start shipping its Turbo Heater Fan this month or quarter, which will be available on its website and at several accounts, including Home Depot. The product is expected to be a significant contributor to the company's growth, and SKYX hopes to announce additional retailers and accounts soon. With a strong pipeline of new products and expanding partnerships, the company is well-positioned for continued growth and success in the smart home and building space.
SKYX Launches its Patented Ceiling Plug & Play SKYFAN & TURBO HEATER on its U.S. E-Commerce Platform
Dec -03
SKYX Launches its Patented Ceiling Plug & Play SKYFAN & TURBO HEATER on its U.S. E-Commerce Platform
Dec -03
SKYX Platforms to Present Tomorrow, Wednesday, December 3, 2025, at 4:00 p.m. ET at NobleCon21, Showcasing its Advanced-Safe-Smart Technology Platform
Dec -02
SKYX To Supply its Technologies to a 340-Unit Townhome and Apartment Project in San Antonio, Texas Built by Prominent Developers Landmark Companies
Nov -19
SKYX Platforms Corp. (SKYX) Reports Q3 Loss, Tops Revenue Estimates
Nov -13
SKYX Platforms Corp. (SKYX) Q3 2025 Earnings Call Transcript
Nov -13
SKYX Reports Record Revenues of $24 Million in Third Quarter 2025 Compared to $23 Million for Second Quarter 2025 as it Continues to Grow its Market Penetration
Nov -12
SKYX Announces Corporate Update Call Including New Developments
Nov -10
The 12.77% growth of Power Plug from SKYX Platforms Corp. is driven by increasing adoption of smart home devices, rising demand for energy-efficient solutions, and growing need for universal power outlets. Additionally, advancements in wireless charging technology and expanding partnerships with major retailers contribute to the segment's growth.
A smart cooking system that integrates with various cooking appliances, allowing for automated cooking, meal planning, and grocery delivery.
A smart outdoor cooking system that integrates with various outdoor cooking appliances, allowing for automated grilling, smoking, and outdoor cooking.
A line of smart kitchen appliances, including refrigerators, ovens, and dishwashers, that integrate with the smart cooking system.
A digital platform that provides access to a library of recipes, meal planning tools, and grocery delivery integration.
A data analytics platform that provides insights into cooking habits, meal planning, and grocery shopping.
The threat of substitutes for SKYX Platforms Corp. is medium, as there are some alternatives available in the market, but they are not very close substitutes.
The bargaining power of customers for SKYX Platforms Corp. is low, as the company has a strong brand presence and customers have limited bargaining power.
The bargaining power of suppliers for SKYX Platforms Corp. is medium, as the company has some dependence on suppliers, but it also has some bargaining power due to its size and scale.
The threat of new entrants for SKYX Platforms Corp. is high, as the industry is attractive and there are low barriers to entry.
The intensity of rivalry for SKYX Platforms Corp. is high, as the industry is highly competitive and there are many players competing for market share.
| Value | |
|---|---|
| Debt Weight | 56.09% |
| Debt Cost | 3.95% |
| Equity Weight | 43.91% |
| Equity Cost | -13020.74% |
| WACC | -5715.13% |
| Leverage | 127.74% |
Value: 9.2
Growth: 3.7
Quality: 3.8
Yield: 0.0
Momentum: 10.0
Volatility: 0.3
1-Year Total Return ->
Value: 4.8
Growth: 5.6
Quality: 3.2
Yield: 0.0
Momentum: 10.0
Volatility: 0.3
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Value: 9.4
Growth: 2.9
Quality: 5.5
Yield: 0.0
Momentum: 5.0
Volatility: 0.0
1-Year Total Return ->
Value: 7.4
Growth: 1.2
Quality: 3.4
Yield: 0.0
Momentum: 8.0
Volatility: 0.3
1-Year Total Return ->
Value: 7.8
Growth: 2.9
Quality: 3.2
Yield: 0.0
Momentum: 4.0
Volatility: 2.3
1-Year Total Return ->
Value: 7.0
Growth: 4.0
Quality: 3.0
Yield: 0.0
Momentum: 3.5
Volatility: 1.3
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