SKYX Platforms Corp. pre-announced on March 17, 2025, record pre-audited financial results for the fourth quarter ended December 31, 2024, with revenues of $23.7 million. This represents an increase from $22.2 million reported in the third quarter.
The company demonstrated consistent revenue growth throughout 2024, with quarterly revenues of $19 million in Q1, $21.4 million in Q2, $22.2 million in Q3, and $23.7 million in Q4. This sustained growth highlights increasing market acceptance of its advanced and smart home platform technologies.
Additionally, SKYX announced an extra $1 million in preferred funding, bringing the total preferred funding to $12 million, led by The Shaner Group. The company expects its smart plug & play products to be installed in 20,000 homes/units by the end of the first quarter of 2025 across the U.S. and Canada.
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