Added to YB: 2024-12-05
Pitch date: 2024-12-03
SKYX [bullish]
SKYX Platforms Corp.
+89.47%
current return
Author Info
1035 Capital Management focuses on small and micro cap equities looking for growth and value names with an upcoming catalyst and better than index valuation and growth metrics. Sign up for the newsletter.
Company Info
SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box.
Market Cap
$187.7M
Pitch Price
$1.14
Price Target
7.00 (+223%)
Dividend
N/A
EV/EBITDA
-9.49
P/E
-4.70
EV/Sales
2.55
Sector
Electrical Equipment
Category
growth
SKYX Platforms (SKYX): Revolutionizing Smart Homes with Strategic Investors and Partnerships Clearing the Path for Long Term Growth
SKYX: Innovative SkyPlug & smart home platform transforming lighting industry. Partnerships w/ GE, Home Depot, Wayfair. 10K+ homes installed, aiming for 15K by year-end. $80M+ 2024 rev, $125M 2025 est. Cashflow positive 2025. Potential NEC mandate. 1.25x EV/Sales, upside to 3-5x. AI & data monetization potential.
Read full article (22 min)