SKYX Platforms (SKYX) investor relations material

Executive summary

• Achieved record annual revenue of $92 million in 2025, up from $86 million in 2024, with Q4 2025 revenue at $25 million, marking eight consecutive quarters of year-over-year growth.

• Gross profit rose to $28 million in 2025 from $25 million in 2024, with gross margin improving to 30% from 28% or 29%.

• Operating cash used decreased by 27% to $13 million in 2025 from $18 million in 2024.

• Raised $29 million in Q1 2026 from institutional investors to support growth initiatives.

• Expanded product launches, including SKYFAN and Turbo Heater, across major U.S. retailers and e-commerce platforms.

Financial highlights

• Revenue reached $92 million in 2025, up from $86 million in 2024, with Q4 revenue at $25 million.

• Gross profit increased by 13% to $28 million, and gross margin improved by up to 2 percentage points to 30%.

• Operating cash used fell by $5 million year-over-year, totaling $13 million in 2025.

• Cash, cash equivalents, and restricted cash totaled $10 million at year-end 2025, plus $29 million raised in January 2026.

• Net loss per share decreased to $0.32 in 2025 from $0.36 in 2024; adjusted EBITDA loss per share improved to $0.10 from $0.13.

Outlook and guidance

• Expects further improvements in financial metrics and gross margin in 2026 and beyond.

• Anticipates becoming cash flow positive, driven by new product launches and higher-margin products.

• Plans to deploy over 1 million units of advanced and smart home technologies across announced projects.

• Launch of AI-driven e-commerce software in 2026 expected to boost conversion rates by up to 30%.

• Anticipates securing major business opportunities in hotel and builder segments in H1 2026.