SKYX Platforms reports record Q3 revenue of $21.6M; net loss widens to $7.2M

SKYX Platforms Corp.

2023-Q3 EPS reported -$0.31 revenue$36,611,659

Record Q3 revenue of $21.6M; gross profit $6.7M (31% margin).
Net loss widened to $7.2M ($0.08 per share) from $5.7M ($0.07) in Q3 2022.
Cash and equivalents totaled $24.4M as of Sept 30, 2023, up from $16.8M at Dec 31, 2022.
Filed for mandatory NEC safety standardization for ceiling outlet receptacle; code team includes former NEC chief.
Signed collaboration with QUOIZEL and agreement to supply ~1,000 homes with smart home technology.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SKYX Platforms Corp. reported third quarter ended September 30, 2023 results: revenue $21.6 million, net income $(0.08) per share, EPS $(0.08) per share.

Period: third quarter ended September 30, 2023
Revenue: $21.6 million
Net income: $(0.08) per share
EPS: $(0.08) per share
Result: reported results

Exact text from the filing

SKYX Reports Record Sales of $21.6 Million for Third Quarter 2023

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18 earnings releases filed in the last 30 days. Browse all earnings releases →

SKYX Platforms Corp. filing history →

Source: SEC EDGAR

accession 0001493152-23-040515

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