SKYX Platforms Corp. announced on July 31, 2025, record pre-audited financial results for the second quarter ended June 30, 2025, with revenues of $23.1 million. This represents an increase from $20.1 million in the first quarter of 2025.
The company has achieved six consistent quarters of revenue growth, starting from Q1 2024 ($19M), through Q2 2024 ($21.4M), Q3 2024 ($22.2M), Q4 2024 ($23.7M), Q1 2025 ($20.1M), and Q2 2025 ($23.1M). This sustained performance underscores expanding market penetration.
SKYX expects its products to be installed in 40,000 units/homes by the end of Q2 2025 across both retail and professional segments in the U.S. and Canada. Management anticipates that upcoming product launches, including smart heater fans, will further drive the company's path to achieving cash flow positivity in 2025.
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