SKYX Historical Income Statement
| SKYX Stock | USD 0.98 0.01 0.64% |
Historical analysis of SKYX Platforms income statement accounts such as Total Operating Expenses of 58.7 M, Total Revenue of 61.7 M, Gross Profit of 18.9 M or Cost Of Revenue of 42.8 M can show how well SKYX Platforms Corp performed in making a profits. Evaluating SKYX Platforms income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SKYX Platforms's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SKYX Platforms Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SKYX Platforms Corp is a good buy for the upcoming year.
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About SKYX Income Statement Analysis
SKYX Platforms Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SKYX Platforms shareholders. The income statement also shows SKYX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SKYX Platforms Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Total Revenue
Total revenue comprises all receipts SKYX Platforms Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from SKYX Platforms' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SKYX Platforms Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKYX Platforms Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, SKYX Platforms' Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 38.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 953.5 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 560.4K | 589.0K | 3.1M | 3.3M | Depreciation And Amortization | 84.3K | 698.4K | 1.0M | 953.5K |
SKYX Platforms income statement Correlations
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SKYX Platforms Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.