Skyx pre-announces record 4th quarter 2024 revenues of $23.7 million compared to 3rd quarter revenues of $22.2 million, as it continues to grow its market penetration
Skyx revenues increased from quarter to quarter during 2024 with $19m in q-1, 21.4m in q-2, $22.2m in q-3, and $23.7m in q-4 skyx filed an 8k announcing strategic $1 million preferred funding in addition to the $11 million strategic funding in october 2024, totaling $12 million in preferred funding led by the shaner group a leading marriott hotels owner with over 70 hotels company expects its products to be in 20,000 units/homes by the end of q-1 2025 in the u.s and canada to both retail and pro segments skyx's technologies provide opportunities for recurring revenues through interchangeability, upgrades, monitoring and subscriptions miami, march 17, 2025 (globe newswire) -- skyx platforms corp. (nasdaq: skyx) (d/b/a skyx technologies) (the "company" or "skyx"), a highly disruptive advanced and smart home platform technology company for homes and buildings, with more than 97 issued and pending patents globally and a portfolio of over 60 lighting and home dÉcor websites, today announced record pre-audited financial results for the fourth quarter ended december 31, 2024, with revenues of $23.7 million, compared to $22.2 million in the third quarter. skyx achieved consistent revenue growth throughout 2024, reporting: $19 million in the first quarter $21.4 million in the second quarter $22.2 million in the third quarter $23.7 million in the fourth quarter additionally, skyx filed an 8-k announcing an additional $1 million in preferred funding, bringing the total to $12 million, following the $11 million strategic funding secured in october 2024.
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