undamentalytics Newsletter

Skyx Platforms Corp. key statistics and ratios

In fiscal 2025, Skyx Platforms Corp. had an operating margin of -31.6% and a current ratio of 0.63. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Skyx Platforms Corp.: financial ratios, annual
Fiscal year2014Dec 20142015Dec 20152016Dec 20162017Dec 20172021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Gross margin—14.1%12.5%17.2%—40.9%30.7%28.5%30.3%30.2%
Operating margin————<−999%<−999%−64.3%−37.2%−31.6%−30.3%
Net margin—−932.1%<−999%−347.0%<−999%<−999%−67.6%−41.5%−36.3%−34.3%
Free-cash-flow margin—−131.2%−88.1%−58.2%—<−999%−22.1%−21.2%−14.4%−17.3%
Return on assets−64.9%−273.8%−943.8%−233.5%−51.2%−98.1%−66.5%−50.3%−54.1%−50.1%
Asset turnover—0.290.670.670.000.000.981.211.491.46
Current ratio0.170.030.260.264.322.201.130.780.631.46
Debt to equity—————83.1%147.9%595.0%—127.6%
Interest cover (operating income ÷ interest)————n/mn/mn/mn/mn/mn/m
SG&A as % of revenue————>999%>999%————
Capital spending as % of revenue—0.6%0.2%1.7%—976.5%0.0%0.0%0.0%0.0%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 6 checks passed · June 30, 2026
What it owns · $74m
Short-term assets $34mLonger-term assets $40m
What it owes, and who funded it · $69m
Short-term liabilities $23mLonger-term liabilities $32mShareholders' equity $14m
  • Short-term assets cover short-term liabilities $34m of assets due within a year against $23m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $34m short-term assets against $32m of longer-dated liabilities.
  • More cash than debt $26m of cash against $17m of debt.
  • Debt below 40% of shareholders' equity Debt is 127% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$17m of operating cash flow against $17m of debt.
  • Operating profit covers interest at least five times over Operating income of −$29m against $4m of interest.

From Skyx Platforms Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

19 /100

Weak moat

How hard Skyx Platforms's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -54.8% of total assets over 6 years.

  • Pricing power 5 / 20

    Gross margin has been a median 28.2%, moving by 7.3 percentage points (standard deviation) across 7 years.

  • Durability 10 / 20

    Operating margin has been a median -36.2%; its worst year was -197.2%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 5 years, at a median -19.9% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Skyx Platforms Corp.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Skyx Platforms Corp.