SKYX Financial Statements

Balance sheet, income statement, cash flow, and dividends for Skyx Platforms Corp (SKYX).


$147.47M Market Cap.

As of 04/01/2024 5:00 PM ET (MRY) • Disclaimer

SKYX Market Cap. (MRY)


SKYX Shares Outstanding (MRY)


SKYX Assets (MRY)


Total Assets

$76.34M

Total Liabilities

$60.12M

Total Investments

$2.87M

SKYX Income (MRY)


Revenue

$58.79M

Net Income

-$39.73M

Operating Expense

$55.86M

SKYX Cash Flow (MRY)


CF Operations

-$13.00M

CF Investing

$3.24M

CF Financing

$22.73M

SKYX Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

-

0%

0%

-

2020

$0

-

0%

0%

-

2019

$0

-

-

0%

-

SKYX Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$76,341,203 (76.81%)

$43,177,110 (261.20%)

$11,953,835 (222.90%)

$3,702,066 (-9.32%)

Assets Current

$27,317,855 (67.29%)

$16,329,657 (43.42%)

$11,385,918 (252.61%)

$3,229,065 (-8.86%)

Assets Non-Current

$49,023,348 (82.60%)

$26,847,453 (4627.36%)

$567,917 (20.07%)

$473,001 (-12.35%)

Goodwill & Intangible Assets

$24,298,032 (3565.96%)

$662,802 (22.73%)

$540,033 (33.97%)

$403,092 (18.35%)

Shareholders Equity

$16,222,010 (105.16%)

$7,907,133 (333.28%)

-$3,389,512 (72.16%)

-$12,176,629 (-21.79%)

Property Plant & Equipment Net

$21,651,239 (-6.92%)

$23,261,291 (90375.66%)

$25,710 (-62.04%)

$67,735 (-62.53%)

Cash & Equivalents

$19,560,983 (106.74%)

$9,461,597 (-9.25%)

$10,426,249 (351.57%)

$2,308,871 (23.22%)

Accumulated Other Comprehensive Income

$0 (0%)

-$62,147 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$1,475,519 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$2,869,270 (-61.09%)

$7,373,956 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$7,373,956 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$2,869,270 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$3,425,734 (78.10%)

$1,923,540 (109.39%)

$918,651 (0.00%)

$918,651 (-26.15%)

Trade & Non-Trade Receivables

$3,384,976 (0%)

$0 (0%)

$0 (0%)

$1,543 (-99.63%)

Trade & Non-Trade Payables

$12,388,475 (535.36%)

$1,949,823 (95.62%)

$996,731 (-1.12%)

$1,008,051 (18.65%)

Accumulated Retained Earnings (Deficit)

-$145,803,014 (-37.46%)

-$106,070,358 (-42.82%)

-$74,269,898 (-8.57%)

-$68,410,028 (-15.88%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$37,840,817 (24.22%)

$30,462,055 (323.25%)

$7,197,220 (4.60%)

$6,880,674 (24.83%)

Debt Current

$8,797,557 (210.15%)

$2,836,555 (600.99%)

$404,648 (17.62%)

$344,032 (546.56%)

Debt Non-Current

$29,043,260 (5.13%)

$27,625,500 (306.70%)

$6,792,572 (3.92%)

$6,536,642 (19.75%)

Total Liabilities

$60,119,193 (71.52%)

$35,049,878 (190.52%)

$12,064,556 (-4.14%)

$12,585,346 (16.67%)

Liabilities Current

$24,192,550 (225.85%)

$7,424,378 (181.87%)

$2,633,984 (19.15%)

$2,210,704 (116.96%)

Liabilities Non-Current

$35,926,643 (30.05%)

$27,625,500 (192.94%)

$9,430,572 (-9.10%)

$10,374,642 (6.21%)

SKYX Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$58,785,762 (183479.30%)

$32,022 (-25.72%)

$43,109 (-83.32%)

$258,376 (-93.22%)

Cost of Revenue

$40,749,913 (215359.81%)

$18,913 (-78.62%)

$88,461 (-82.41%)

$503,033 (-85.83%)

Selling General & Administrative Expense

$55,861,055 (109.70%)

$26,638,291 (417.98%)

$5,142,731 (-41.17%)

$8,741,320 (-46.97%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$55,861,055 (109.70%)

$26,638,291 (417.98%)

$5,142,731 (-41.17%)

$8,741,320 (-47.31%)

Interest Expense

$3,109,307 (427.89%)

$589,009 (5.11%)

$560,382 (8.70%)

$515,515 (5.07%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$39,732,656 (-46.96%)

-$27,035,941 (-371.80%)

-$5,730,414 (38.00%)

-$9,242,105 (44.83%)

Net Income to Non-Controlling Interests

$0 (0%)

$35,442 (0%)

$0 (0%)

$0 (0%)

Net Income

-$39,732,656 (-46.77%)

-$27,071,383 (-372.42%)

-$5,730,414 (38.00%)

-$9,242,105 (44.83%)

Preferred Dividends Income Statement Impact

$0 (0%)

$4,729,077 (3553.04%)

$129,456 (-0.58%)

$130,206 (0.00%)

Net Income Common Stock

-$39,732,656 (-24.94%)

-$31,800,460 (-442.68%)

-$5,859,870 (37.48%)

-$9,372,311 (44.49%)

Weighted Average Shares

$88,370,852 (11.17%)

$79,492,181 (22.40%)

$64,943,703 (3.49%)

$62,754,177 (8.26%)

Weighted Average Shares Diluted

$88,370,852 (11.17%)

$79,492,181 (22.40%)

$64,943,703 (3.49%)

$62,754,177 (8.26%)

Earning Before Interest & Taxes (EBIT)

-$36,623,349 (-38.29%)

-$26,482,374 (-412.23%)

-$5,170,032 (40.76%)

-$8,726,590 (46.34%)

Gross Profit

$18,035,849 (137483.71%)

$13,109 (128.91%)

-$45,352 (81.46%)

-$244,657 (-193.84%)

Operating Income

-$37,825,206 (-42.07%)

-$26,625,182 (-413.20%)

-$5,188,083 (42.26%)

-$8,985,977 (44.97%)

SKYX Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

$3,240,097 (140.22%)

-$8,056,417 (-4395.69%)

-$179,203 (-63.10%)

-$109,876 (52.75%)

Net Cash Flow from Financing

$22,726,632 (8.58%)

$20,930,211 (61.94%)

$12,924,336 (251.75%)

$3,674,303 (7.48%)

Net Cash Flow from Operations

-$12,998,073 (6.07%)

-$13,838,445 (-199.03%)

-$4,627,755 (-47.89%)

-$3,129,293 (49.42%)

Net Cash Flow / Change in Cash & Cash Equivalents

$12,968,656 (1444.39%)

-$964,651 (-111.88%)

$8,117,378 (1765.49%)

$435,134 (114.50%)

Net Cash Flow - Business Acquisitions and Disposals

-$4,206,200 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$7,436,103 (200.00%)

-$7,436,103 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

$10,194 (103.26%)

-$312,689 (0%)

$0 (0%)

-$15,336 (82.32%)

Issuance (Repayment) of Debt Securities

$13,436,775 (3112.49%)

-$446,035 (-285.83%)

-$115,604 (-106.88%)

$1,679,500 (412.37%)

Issuance (Purchase) of Equity Shares

$9,820,846 (-59.02%)

$23,962,301 (81.95%)

$13,169,396 (519.73%)

$2,125,009 (-48.00%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

-$38,055 (70.60%)

-$129,456 (0.58%)

-$130,206 (0.00%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$17,977,252 (28.78%)

$13,959,796 (854.17%)

$1,463,033 (-71.13%)

$5,068,428 (-39.65%)

Depreciation Amortization & Accretion

$3,776,330 (199.48%)

$1,260,979 (1396.05%)

$84,287 (-20.72%)

$106,309 (-0.63%)

SKYX Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

30.70% (-24.94%)

40.90% (138.88%)

-105.20% (-11.09%)

-94.70% (-1492.65%)

Profit Margin

-67.60% (99.93%)

-99308.20% (-630.58%)

-13593.10% (-274.73%)

-3627.40% (-718.64%)

EBITDA Margin

-55.90% (99.93%)

-78762.70% (-567.63%)

-11797.40% (-253.61%)

-3336.30% (-686.86%)

Return on Average Equity (ROAE)

-253.10% (-3.10%)

-245.50% (-426.03%)

75.30% (-10.89%)

84.50%

Return on Average Assets (ROAA)

-55.90% (33.61%)

-84.20% (-12.42%)

-74.90% (68.90%)

-240.80%

Return on Sales (ROS)

-62.30% (99.92%)

-82700.60% (-589.58%)

-11992.90% (-255.08%)

-3377.50% (-691.17%)

Return on Invested Capital (ROIC)

-82.10% (-0.37%)

-81.80% (11.28%)

-92.20% (36.50%)

-145.20%

Dividend Yield

0% (0%)

0%

-

-

Price to Earnings Ratio (P/E)

-3.56 (43.56%)

-6.3

-

-

Price to Sales Ratio (P/S)

2.4 (-99.96%)

6,255.74

-

-

Price to Book Ratio (P/B)

9.09 (-65.53%)

26.37

-

-

Debt to Equity Ratio (D/E)

3.71 (-16.40%)

4.43 (224.56%)

-3.56 (-244.20%)

-1.03 (4.17%)

Earnings Per Share (EPS)

-0.45 (-12.50%)

-0.4 (-344.44%)

-0.09 (40.00%)

-0.15 (48.28%)

Sales Per Share (SPS)

0.67 (0%)

0 (0%)

0 (-75.00%)

0 (-93.94%)

Free Cash Flow Per Share (FCFPS)

-0.15 (17.42%)

-0.18 (-150.70%)

-0.07 (-42.00%)

-0.05 (53.70%)

Book Value Per Share (BVPS)

0.18 (85.86%)

0.1 (290.38%)

-0.05 (73.20%)

-0.19 (-12.79%)

Tangible Assets Book Value Per Share (TABVPS)

0.59 (10.09%)

0.54 (203.98%)

0.18 (232.08%)

0.05 (-18.46%)

Enterprise Value Over EBIT (EV/EBIT)

-4 (55.56%)

-9

-

-

Enterprise Value Over EBITDA (EV/EBITDA)

-4.93 (45.49%)

-9.04

-

-

Asset Turnover

0.83 (82600.00%)

0 (-83.33%)

0.01 (-90.91%)

0.07

Current Ratio

1.13 (-48.66%)

2.2 (-49.13%)

4.32 (195.89%)

1.46 (-57.98%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$12,987,879 (8.22%)

-$14,151,134 (-205.79%)

-$4,627,755 (-47.16%)

-$3,144,629 (49.88%)

Enterprise Value (EV)

$161,935,781 (-29.01%)

$228,103,062

-

-

Earnings Before Tax (EBT)

-$39,732,656 (-46.77%)

-$27,071,383 (-372.42%)

-$5,730,414 (38.00%)

-$9,242,105 (44.83%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$32,847,019 (-30.23%)

-$25,221,395 (-395.92%)

-$5,085,745 (41.00%)

-$8,620,281 (46.64%)

Invested Capital

$46,130,455 (-17.76%)

$56,090,388 (910.49%)

$5,550,789 (-1.93%)

$5,660,073 (-11.02%)

Working Capital

$3,125,305 (-64.91%)

$8,905,279 (1.75%)

$8,751,934 (759.41%)

$1,018,361 (-59.65%)

Tangible Asset Value

$52,043,171 (22.41%)

$42,514,308 (272.48%)

$11,413,802 (245.98%)

$3,298,974 (-11.84%)

Market Capitalization

$147,466,261 (-29.28%)

$208,522,506

-

-

Average Equity

$15,697,346 (21.20%)

$12,951,875 (266.41%)

-$7,783,070 (29.80%)

-$11,087,192

Average Assets

$71,064,114 (88.23%)

$37,753,348 (382.29%)

$7,827,950 (101.11%)

$3,892,302

Invested Capital Average

$44,608,230 (37.83%)

$32,363,656 (477.36%)

$5,605,431 (-6.74%)

$6,010,592

Shares

92,166,413 (11.38%)

82,747,026 (50.19%)

55,094,525 (0.00%)

55,094,525 (0.00%)