SKYX Platforms (SKYX) Income Statement: Revenue & Earnings

SKYX Platforms Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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SKYX Platforms Corp. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	86.28	58.79	0.03	0.04	0.26
Cost of Revenue	61.68	40.75	0.02	0.09	0.50
Gross Profit	24.59	18.04	0.01	-0.05	-0.24
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	56.71	55.86	26.64	5.14	8.74
Operating Expenses	56.71	55.86	26.64	5.14	8.74
Operating Income	-32.11	-37.83	-26.63	-5.19	-8.99
Other Income/Expense
Interest Income	0.00	0.45	0.19	0.00	0.00
Interest Expense	4.06	-3.56	0.59	0.56	-0.52
Other Income/Expense	-3.66	1.20	0.18	0.02	0.00
Income
Income Before Tax	-35.77	-39.73	-27.04	-5.73	-9.24
Income Tax Expense	0.00	0.00	0.00	0.00	0.00
Net Income	-35.77	-39.73	-27.07	-5.73	-9.24
Net Income - Continuous Operations	-35.77	-39.73	-27.04	-5.73	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-27.65	-36.81	-25.56	-5.09	-8.88
EBIT	-39.92	-37.83	-26.45	-5.17	-8.99
Depreciation & Amortization	4.07	1.02	0.88	0.08	0.11
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	99.77	88.37	79.49	64.94	62.75
Diluted Shares Outstanding	99.77	88.37	79.49	64.94	62.75