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SKYX Platforms Corp. (SKYX)

For the quarter ending 2025-06-30, SKYX made $23,061,655 in revenue. -$9,096,155 in net income. Net profit margin of -39.44%.

Overview

Revenue
$23,061,655
Net Income
-$9,096,155
Net Profit Margin
-39.44%
EPS
-$0.08
Unit: Dollar

Unit: Dollar
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue23,061,655 20,113,938 22,168,919 21,446,148
Selling and marketing expenses6,185,017 6,827,420 6,275,742 6,271,708
General and administrative expenses8,333,265 6,597,055 8,171,293 6,540,218
Cost of revenues16,064,486 14,402,488 15,327,319 14,869,521
Total expenses, net30,582,768 27,826,963 - -
Gross profit- - 6,841,600 6,576,627
Operating expenses- - 14,447,035 12,811,926
Loss from operations-7,521,113 -7,713,025 -7,605,435 -6,235,299
Interest expense, net1,287,870 - 1,015,871 1,227,650
Interest expense, net related parties17,946 - - -
Total other expense, net-1,305,816 -1,339,103 -1,015,871 -1,227,650
Net loss-8,826,929 -9,052,128 -8,621,306 -7,462,949
Preferred dividends-related parties10,000 - - -
Preferred dividends259,226 209,148 - -
Net loss attributed to common stockholders-9,096,155 -9,271,276 -8,621,306 -7,462,949
Comprehensive income (loss), net of tax, attributable to parent- - -8,621,306 -7,462,949
Net loss per share - basic-0.08 -0.09 -0.08 -0.08
Net loss per share - diluted-0.08 -0.09 -0.08 -0.08
Weighted average number of common shares outstanding - basic107,117,216 103,548,494 103,507,590 99,445,289
Weighted average number of common shares outstanding - diluted107,117,216 103,548,494 103,507,590 99,445,289
Unit: Dollar

Income Statement

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Net loss attributedto common...-$9,096,155 Preferreddividends-related parties$10,000 Net loss-$8,826,929 (-18.28%↓ Y/Y)Preferred dividends$259,226 Total other expense,net-$1,305,816 (-6.37%↓ Y/Y)Loss from operations-$7,521,113 (-20.62%↓ Y/Y)Revenue$23,061,655 (7.53%↑ Y/Y)Interest expense, netrelated parties$17,946 Interest expense, net$1,287,870 (4.91%↑ Y/Y)Total expenses, net$30,582,768 Cost of revenues$16,064,486 (8.04%↑ Y/Y)General andadministrative expenses$8,333,265 (27.42%↑ Y/Y)Selling and marketingexpenses$6,185,017 (-1.38%↓ Y/Y)