M&A
confidence high
sentiment neutral
materiality 0.45
SKYX Platforms completes Belami acquisition; Belami reports $88.8M revenue, $4.16M net income in 2022
SKYX Platforms Corp.
- SKYX acquired all outstanding shares of Belami on April 28, 2023; terms not disclosed in this filing.
- Belami 2022 revenue $88.8M, down ~2% from $90.8M in 2021; net income $4.05M vs $3.96M.
- Belami had $3.19M cash, $2.05M receivables, $2.0M inventory at Dec 31, 2022.
- Audited financials of Belami for 2022 and 2021 filed as Exhibit 99.1.
- Unaudited pro forma combined financials as of and for the year ended Dec 31, 2022 filed as Exhibit 99.2.