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SKYX Platforms Corp. (SKYX)

NASDAQ Industrials Electrical Equipment & Parts
$1.20 ▼ -2.44%
Market Cap
$161.4M
Sector
Industrials
Industry
Electrical Equipment & Parts
Beta
2.06
52-Wk Range
0.946-3.29
CEO
Leonard Jay Sokolow Econ.
Country
US
Currency
USD

SKYX Platforms Corp. operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Pompano Beach, FL, US. The stock last traded at $1.20, down 2.44% on the session, giving a market capitalisation of $161.4M. On trailing twelve-month figures it carries a trailing P/E of -3.99, a net margin of -35.8%. Its beta of 2.06 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-3.99
Price / Sales
1.72
Price / Book
6.52
EV / EBITDA
-6.52
Gross margin
30.6%
Operating margin
-31.5%
Net margin
-35.8%
Return on equity
Debt / equity
1.52
Current ratio
1.70
Dividend yield
0.0%
Payout ratio
-3.1%
Company profile
Exchange
NASDAQ Capital Market
Employees
73
IPO date
2022-02-10
Headquarters
Pompano Beach, FL, US
About SKYX Platforms Corp.

SKYX Platforms Corp. is dedicated to developing intelligent and secure platform technologies. Their initial product line simplifies the installation of items like light fixtures, ceiling fans, and other electrical devices, enabling them to easily plug into a ceiling's existing electrical outlet box. Furthermore, the company offers a more advanced, second-generation platform designed to significantly improve the safety and enhance the lifestyle experience in both homes and other buildings. SKYX's product offerings include various power-plugs, universal power-plug and receptacle systems, and a range of smart devices. Established in 2004, the company was formerly known as SQL Technologies Corp. before officially changing its name to SKYX Platforms Corp. in June 2022. Its operations are based in Pompano Beach, Florida.

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