SKYX PLATFORMS CORP.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $92.0M | $86.3M | $58.8M | $32.0K | $43.1K | $7.7M | $7.0M |
| Cost of Revenue | — | $64.2M | $61.7M | $40.7M | $18.9K | $88.5K | $6.4M | $6.1M |
| Gross Profit | — | $27.8M | $24.6M | $18.0M | $13.1K | $-45.4K | $1.3M | $878.6K |
| Gross Margin | — | 30.3% | 28.5% | 30.7% | 40.9% | -105.2% | 17.2% | 12.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $31.2M | $31.4M | $37.1M | $26.4M | $5.1M | $5.1M | $4.4M |
| Operating Income | — | $-29.1M | $-32.1M | $-37.8M | $-26.6M | $-5.2M | — | — |
| Operating Margin | — | -31.6% | -37.2% | -64.3% | -83,146.5% | -12,034.8% | — | — |
| Interest Expense | — | $1.7M | $4.1M | $3.1M | $589.0K | $560.4K | $294.7K | $980.9K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | $0 | $0 | $0 | $0 | — | $0 | $0 |
| Net Income | — | $-33.4M | $-35.8M | $-39.7M | $-27.0M | $-5.7M | $-26.7M | $-98.4M |
| Net Margin | — | -36.3% | -41.5% | -67.6% | -84,429.3% | -13,292.8% | -347.0% | -1,403.4% |
| EPS (Basic) | — | $-0.32 | $-0.36 | $-0.45 | $-0.40 | $-0.09 | $-0.55 | $-2.60 |
| EPS (Diluted) | — | $-0.32 | $-0.36 | $-0.45 | $-0.40 | — | $-0.55 | $-2.60 |
| Shares Outstanding (Basic) | 133.3M | 108.8M | 99.8M | 88.4M | 79.5M | 64.9M | 53.2M | 53.2M |
| Shares Outstanding (Diluted) | 133.3M | 108.8M | 99.8M | 88.4M | 79.5M | 64.9M | 53.2M | 53.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |