---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-012380"
form_type: "8-K"
ticker: "SKYX"
cik: "0001598981"
company_name: "SKYX Platforms Corp."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:40:48.305151+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SKYX reports record 2023 revenue of $58.8M; net loss $39.7M

## Summary
- Revenue $58.8M in 2023 (vs $32,022 in 2022); Q4 record $22.2M.
- Cash and equivalents $22.4M as of Dec 31, 2023, up from $16.8M year-end 2022.
- Net loss $39.7M ($0.45/share) vs $27.0M ($0.40/share) prior year.
- Adjusted EBITDA loss $15.2M; management expects cash flow positive during 2025.
- Signed 5-year global licensing partnership with GE for smart home platform technologies.

## SEC filing metadata
- accession: 0001493152-24-012380
- form_type: 8-K
- ticker: SKYX
- cik: 0001598981
- company_name: SKYX Platforms Corp.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598981/000149315224012380/0001493152-24-012380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598981/000149315224012380/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-012380
- JSON: https://secwatch.observer/filing/0001493152-24-012380.json
- Plain text: https://secwatch.observer/filing/0001493152-24-012380.txt

## Key facts
- Earnings Releases
  SKYX Platforms Corp. reported the Fourth Quarter and Fiscal Year ended December 31, 2023 results: revenue $58.8 million, net income net loss of $39.7 million, or $(0.45) per share, EPS $(0.45) per share.
  - Period: the Fourth Quarter and Fiscal Year ended December 31, 2023
  - Revenue: $58.8 million
  - Net income: net loss of $39.7 million, or $(0.45) per share
  - EPS: $(0.45) per share
  - Result: reported results
  source text: Revenue in 2023 increased to a record $58.8 million – including record fourth quarter sales of $22.2 million which were realized in the fourth quarter – including E-commerce sales, smart home products and advanced plug & play products
  evidence_url: https://www.sec.gov/Archives/edgar/data/1598981/000149315224012380/0001493152-24-012380-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.