---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-000287"
form_type: "8-K"
ticker: "SKYX"
cik: "0001598981"
company_name: "SKYX Platforms Corp."
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:33:35.610834+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SKYX reports 48% revenue growth in FY2024 to $86.3M; net loss narrows to $0.36/share

## Summary
- Full-year revenue $86.3M (+48% YoY from $58.8M); Q4 record revenue $23.7M.
- Net loss per share improved to ($0.36) from ($0.45); adjusted EBITDA loss per share ($0.13) from ($0.17).
- Cash and restricted cash $15.5M at Dec 31 2024; expects cash flow positive in H2 2025.
- Sales of advanced and smart home products surged over 1,000% in 2024; products expected in 20,000 homes by Q1 2025.
- Secured $11M preferred equity from Shaner Group and insiders at $2.00/share (no warrants).

## SEC filing metadata
- accession: 0001641172-25-000287
- form_type: 8-K
- ticker: SKYX
- cik: 0001598981
- company_name: SKYX Platforms Corp.
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598981/000164117225000287/0001641172-25-000287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598981/000164117225000287/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-000287
- JSON: https://secwatch.observer/filing/0001641172-25-000287.json
- Plain text: https://secwatch.observer/filing/0001641172-25-000287.txt

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