SKYX reports record Q1 revenue of $22M (+10% YoY); gross margin improves to 30%.

SKYX Platforms Corp.

• Revenue $22M (record), +10% YoY from $20M in Q1 2025; 9th consecutive YoY growth quarter.
• Gross profit $7M (+16% YoY); gross margin 30% vs 28% in Q1 2025.
• Net loss per share $0.07 (vs $0.09); adjusted EBITDA loss per share $0.03 (vs $0.04).
• Cash $32M at quarter-end vs $10M at Dec 2025; management expects to become cash flow positive in 2026.
• Strategic partnership with Group OTT for European hotel deployments; first renovation at The Grand Hotel du Parc, France.

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