Skyx Platforms Corp Stock Profit Margin

SKYX Stock  USD 1.00  0.02  2.04%   
SKYX Platforms Corp fundamentals help investors to digest information that contributes to SKYX Platforms' financial success or failures. It also enables traders to predict the movement of SKYX Stock. The fundamental analysis module provides a way to measure SKYX Platforms' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SKYX Platforms stock.
Last ReportedProjected for Next Year
Net Loss(0.68)(0.71)
Gross Profit Margin is likely to rise to 0.32 in 2024, whereas Pretax Profit Margin is likely to drop (0.71) in 2024.
  
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SKYX Platforms Corp Company Profit Margin Analysis

SKYX Platforms' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Profit Margin

 = 

Net Income

Revenue

X

100

More About Profit Margin | All Equity Analysis

Current SKYX Platforms Profit Margin

    
  (0.45) %  
Most of SKYX Platforms' fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SKYX Platforms Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SKYX Profit Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for SKYX Platforms is extremely important. It helps to project a fair market value of SKYX Stock properly, considering its historical fundamentals such as Profit Margin. Since SKYX Platforms' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SKYX Platforms' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SKYX Platforms' interrelated accounts and indicators.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Competition

SKYX Pretax Profit Margin

Pretax Profit Margin

(0.71)

At this time, SKYX Platforms' Pretax Profit Margin is fairly stable compared to the past year.
Based on the latest financial disclosure, SKYX Platforms Corp has a Profit Margin of -0.4492%. This is 146.31% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The profit margin for all United States stocks is 64.63% lower than that of the firm.

SKYX Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SKYX Platforms' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SKYX Platforms could also be used in its relative valuation, which is a method of valuing SKYX Platforms by comparing valuation metrics of similar companies.
SKYX Platforms is currently under evaluation in profit margin category among its peers.

SKYX Fundamentals

About SKYX Platforms Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SKYX Platforms Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SKYX Platforms using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SKYX Platforms Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for SKYX Stock Analysis

When running SKYX Platforms' price analysis, check to measure SKYX Platforms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SKYX Platforms is operating at the current time. Most of SKYX Platforms' value examination focuses on studying past and present price action to predict the probability of SKYX Platforms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKYX Platforms' price. Additionally, you may evaluate how the addition of SKYX Platforms to your portfolios can decrease your overall portfolio volatility.