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Companies / Technology / SKYX Platforms Corp.
SKYX

SKYX Platforms Corp.

TechnologyElectronic Equipment
Ticker SKYXPOMPANO BEACH, FLFiscal year ends DecemberBook value per share $0.10Diluted shares 132.0M

SKYX Platforms Corp. (NASDAQ: SKYX) is a technology company focused on developing and commercializing advanced, safe, and smart home platform technologies. The company operates through two primary business segments: its core smart home technology business and its e-commerce operations acquired through the purchase of… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$92.01M
+6.6% year over year
Last 12 mo $96.20M
-31.64%
+5.6 percentage points
Last 12 mo -30.26%
$-33.42M
+6.6% year over year
Last 12 mo $-33.04M
728.26%
+1610.7 percentage points
Last 12 mo -241.93%
Cash & financing
$-13.29M
+27.2% year over year
Last 12 mo $-16.67M
$-15.22M
+20.9% year over year
Last 12 mo $-17.92M
-3.70
Was 4.10× a year earlier
Last 12 mo 1.10
108.8M
+9.0% year over year
Last 12 mo 132.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What SKYX Platforms Corp. does

In the company’s own words

SKYX Platforms Corp. (NASDAQ: SKYX) is a technology company focused on developing and commercializing advanced, safe, and smart home platform technologies. The company operates through two primary business segments: its core smart home technology business and its e-commerce operations acquired through the purchase of Belami in April 2023.

The company's flagship technology is the Sky Plug & Receptacle, a patented weight-bearing power plug system that enables safe, quick plug-and-play installation of light fixtures, ceiling fans, and other electrical products into ceiling outlet boxes without requiring users to handle hazardous wiring. This foundational technology has evolved into multiple product generations, including universal retrofit kits, smart-enabled versions controlled through the proprietary SkyHome App, and the company's third-generation offering, the Smart Sky Platform. The Smart Sky Platform is an all-in-one ceiling-mounted system designed to serve as a comprehensive smart home hub, incorporating features such as smart smoke and carbon monoxide detection, WIFI extension, temperature and humidity sensing, emergency lighting with battery backup, and integration capabilities with major voice assistants including Siri, Alexa, and Google Home.

The company holds over 100 U.S. and global patents and patent applications protecting various aspects of its technologies. Its products have received multiple safety certifications including UL, cUL, CE, and FCC approval. Notably, the company's Sky Plug & Receptacle technology was incorporated into the National Electrical Code, with the company receiving generic name approval for its weight-supporting ceiling receptacle and attachment fitting from ANSI and NEMA standardization organizations.

Through its Belami acquisition, SKYX operates approximately sixty e-commerce websites specializing in home lighting, ceiling fans, and home furnishings, providing distribution channels to retail customers, builders, and professionals. The company generates revenue through product sales, e-commerce operations, and licensing arrangements, including an agreement with GE for licensing the Sky Plug & Receptacle technology.

As of December 31, 2025, the company employed 73 full-time employees and maintains manufacturing operations through third-party manufacturers primarily located in China, with quality oversight provided through an office in Guangdong province. The company's website is www.skytechnologies.com.

Company details
Sector
Technology
Industry
Electronic Equipment
Headquarters
POMPANO BEACH, FL
Fiscal year end
December
CIK
1598981
SIC
3640

Financial performance, year by year

Fiscal 2014–2025 · USD
$-117.91M$-59.52M$-1.12M$57.27M$115.66M201420152016201720212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns SKYX Platforms Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

35
funds hold it
0 of 35
superinvestors hold it
$8.19M
held by funds, at market
5.5%
of shares held by funds

Largest fund holders · SKYX Platforms Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do SKYX Platforms Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of SKYX Platforms Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
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