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NASDAQ: SKYX
Skyx Platforms Corp Stock

$1.23-0.06 (-4.65%)
Updated Feb 27, 2024
SKYX Price
$1.23
Fair Value Price
-$0.32
Market Cap
$113.36M
52 Week Low
$1.19
52 Week High
$3.96
P/E
-2.8x
P/B
6.65x
P/S
3.53x
PEG
N/A
Dividend Yield
N/A
Revenue
$36.62M
Earnings
-$32.33M
Gross Margin
31.2%
Operating Margin
-80.16%
Profit Margin
-88.3%
Debt to Equity
3.59
Operating Cash Flow
-$14M
Beta
0.79
Next Earnings
Mar 5, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SKYX Overview

SQL Technologies Corporation is a company that offers platform technologies that allow light fixtures, ceiling fans and other electrically wired products to be installed safely. Its "plug and play" technology method is a power-plug device that has a matching receptacle that is connected to the electrical outlet box on the ceiling. SQL Technologies was incorporated in 2004 and is headquartered in Pompano Beach, FL.

Zen Score

Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how SKYX scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

SKYX ($1.23) is overvalued by 488.92% relative to our estimate of its Fair Value price of -$0.32 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
SKYX ($1.23) is not significantly undervalued (488.92%) relative to our estimate of its Fair Value price of -$0.32 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
SKYX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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SKYX News

Valuation

SKYX fair value

Fair Value of SKYX stock based on Discounted Cash Flow (DCF)
Price
$1.23
Fair Value
-$0.32
Undervalued by
488.92%
SKYX ($1.23) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SKYX ($1.23) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SKYX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SKYX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.8x
Industry
25.54x
Market
36.02x

SKYX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
6.65x
Industry
3.62x
SKYX is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SKYX's financial health

Profit margin

Revenue
$21.6M
Net Income
-$7.2M
Profit Margin
-33.2%
SKYX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
SKYX's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$78.3M
Liabilities
$61.3M
Debt to equity
3.59
SKYX's short-term liabilities ($31.33M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SKYX's long-term liabilities ($29.95M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SKYX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SKYX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$3.4M
Investing
-$119.9k
Financing
$2.0M
SKYX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SKYX vs Electrical Equipment & Part Stocks

TickerMarket Cap1d %P/EP/B
SKYX$113.36M-4.65%-2.80x6.65x
ELVA$139.05M+0.98%-102.75x19.46x
CBAT$87.34M-1.41%-9.76x0.76x
FLUX$84.98M-2.65%-14.28x11.51x
ULBI$151.15M0.00%37.00x1.24x

Skyx Platforms Stock FAQ

What is Skyx Platforms's quote symbol?

(NASDAQ: SKYX) Skyx Platforms trades on the NASDAQ under the ticker symbol SKYX. Skyx Platforms stock quotes can also be displayed as NASDAQ: SKYX.

If you're new to stock investing, here's how to buy Skyx Platforms stock.

What is the 52 week high and low for Skyx Platforms (NASDAQ: SKYX)?

(NASDAQ: SKYX) Skyx Platforms's 52-week high was $3.96, and its 52-week low was $1.19. It is currently -68.94% from its 52-week high and 3.36% from its 52-week low.

How much is Skyx Platforms stock worth today?

(NASDAQ: SKYX) Skyx Platforms currently has 92,166,413 outstanding shares. With Skyx Platforms stock trading at $1.23 per share, the total value of Skyx Platforms stock (market capitalization) is $113.36M.

Skyx Platforms stock was originally listed at a price of $11.85 in Feb 10, 2022. If you had invested in Skyx Platforms stock at $11.85, your return over the last 2 years would have been -89.62%, for an annualized return of -67.78% (not including any dividends or dividend reinvestments).

How much is Skyx Platforms's stock price per share?

(NASDAQ: SKYX) Skyx Platforms stock price per share is $1.23 today (as of Feb 27, 2024).

What is Skyx Platforms's Market Cap?

(NASDAQ: SKYX) Skyx Platforms's market cap is $113.36M, as of Feb 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Skyx Platforms's market cap is calculated by multiplying SKYX's current stock price of $1.23 by SKYX's total outstanding shares of 92,166,413.
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