earnings
confidence high
sentiment positive
materiality 0.60
SKYX pre-announces record Q2 2025 revenue of $23.1M, up 15% sequentially
SKYX Platforms Corp.
2025-Q2 EPS
reported -$0.17
vs consensus -$0.08
▼ miss
(-108.3%)
- Preliminary Q2 2025 revenue $23.1M vs Q1 2025 $20.1M; six consecutive quarters of growth since Q1 2024.
- Sequential quarterly revenue: Q1 2024 $19.0M, Q2 2024 $21.4M, Q3 2024 $22.2M, Q4 2024 $23.7M, Q1 2025 $20.1M.
- Company expects its products to be in 40,000 units/homes by end of Q2 2025 across US and Canada.
- Management expects upcoming product launches (incl. Smart Heater Fans) to drive path to cash flow positivity in 2025.
- Leveraging e-commerce platform of 60 websites and support from strategic investors and insiders.
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