SKYX Announces Q2 2025 Financial Results and Corporate Update Call

SKYX Platforms Corp will host a corporate update call on August 12, 2025, to discuss Q2 2025 financial results and new developments. The company's technologies focus on advanced-safe-smart platform technologies for homes and buildings, with over 100 issued and pending patents globally. SKYX owns over 60 lighting and home décor websites for retail and commercial segments.

SKYX Platforms Corp. (NASDAQ: SKYX), a leading smart home technology company, will host a corporate update call on August 12, 2025, to discuss its Q2 2025 financial results and new developments. The call will provide insights into the company's performance and future plans, particularly focusing on its advanced-safe-smart platform technologies designed for homes and buildings.

SKYX reported record pre-audited Q2 2025 revenues of $23.1 million, a 15% increase from the $20.1 million recorded in Q1 2025 [1]. This marks the company's sixth consecutive quarter of revenue growth, starting from Q1 2024. The consistent revenue growth demonstrates SKYX's ability to expand its market presence despite seasonal fluctuations.

The company expects its products to be installed in 40,000 units/homes by the end of Q2 2025 across the U.S. and Canada. SKYX leverages its portfolio of 60 lighting and home décor websites to minimize customer acquisition costs and maintain its cash position. Management anticipates achieving cash flow positivity in 2025, driven by upcoming product launches including smart heater fans [2].

SKYX's business model, known as the "razor and blades" strategy, focuses on generating recurring revenues through interchangeability, upgrades, monitoring, and subscriptions. The company holds over 97 issued and pending patents globally, positioning it to capture future market opportunities in the smart home industry.

The corporate update call will offer investors and financial professionals a detailed look at SKYX's financial health and strategic direction. The call will provide updates on the company's market penetration strategies, product launches, and plans to achieve profitability. Key metrics such as gross margins, operating expenses, and the actual cash burn rate will likely be discussed to give a comprehensive view of the company's financial performance.

Investors and financial professionals are encouraged to attend the call to gain a deeper understanding of SKYX's growth trajectory and its potential to become a leader in the smart home technology sector.

References:
[1] https://www.stocktitan.net/news/SKYX/skyx-pre-announces-record-second-quarter-2025-revenues-of-23-1-1visoibjm8yl.html
[2] https://www.morningstar.com/news/globe-newswire/9504027/skyx-pre-announces-record-second-quarter-2025-revenues-of-231-million-compared-to-first-quarter-revenues-of-201-million-as-it-continues-to-grow-market-penetration