SKYX (SKYX Platforms) Beginning Cash Position: $30.26 Mil (As of Jun. 2026)

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SKYX SKYX Platforms Corp SKYX
20 GF Score
Price $1.27
! 5 Warning Signs
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What is SKYX Platforms Beginning Cash Position?

SKYX Platforms SKYX +1.60% 20 Beginning Cash Position is $30.26 Mil as of Jun. 2026. GuruFocus rates SKYX with a GF Score™ of 20/100. The stock has 5 warning signs investors should review.

SKYX Platforms's Beginning Cash Position for the quarter that ended in Jun. 2026 was $30.26 Mil.

SKYX Platforms's quarterly Beginning Cash Position increased from Dec. 2025 ($7.83 Mil) to Mar. 2026 ($8.05 Mil) and increased from Mar. 2026 ($8.05 Mil) to Jun. 2026 ($30.26 Mil).

SKYX Platforms's annual Beginning Cash Position increased from Dec. 2023 ($6.59 Mil) to Dec. 2024 ($19.57 Mil) but then declined from Dec. 2024 ($19.57 Mil) to Dec. 2025 ($13.45 Mil).

SKYX Platforms Beginning Cash Position Related Terms

SKYX Platforms Beginning Cash Position Historical Data

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The historical data trend for SKYX Platforms's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SKYX Platforms Beginning Cash Position Chart

SKYX Platforms Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 7.69 6.59 19.57 13.45

SKYX Platforms Quarterly Data
Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.44 13.66 7.83 8.05 30.26
SKYX
20GF Score
SKYX Platforms Corp SKYX
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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SKYX Platforms Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $30.26 Mil mean?
SKYX Platforms (SKYX) has a Beginning Cash Position of $30.26 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on SKYX Platforms and its competitors.
Is SKYX Platforms' Beginning Cash Position too high?
SKYX Platforms' current Beginning Cash Position is $30.26 Mil. Overall, SKYX Platforms has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does SKYX Platforms' Beginning Cash Position compare to UTKN and ESP?
SKYX Platforms' Beginning Cash Position of $30.26 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Industrial Products company?
A good Beginning Cash Position depends on the Industrial Products industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on SKYX Platforms and its competitors. SKYX Platforms's current Beginning Cash Position is $30.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKYX Platforms stock overvalued right now?
SKYX Platforms (SKYX) has a current Beginning Cash Position of $30.26 Mil. The current Beginning Cash Position is $30.26 Mil. SKYX Platforms' overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For SKYX Platforms (SKYX), the current Beginning Cash Position is $30.26 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SKYX Platforms Business Description

Address 2855 West McNab Road, Pompano Beach, FL, USA, 33069
SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. Its technology consists of a weight-bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post, and is capable of feeding electric power to an appliance. It generates its income from lighting and heating products sold in the USA.
20GF Score

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