Aug. 13 at 2:45 PM
$SKYX reported another record quarter:
-Q2 revenue:
$25.3M, +14% QoQ / +10% YoY
-H1 revenue:
$47.4M, +10% YoY
-Gross profit:
$7.3M, +4% YoY
-Operating cash use:
$3.7M, down 39% QoQ
-Cash, equivalents & restricted cash:
$27.7M
The company also reduced interest-bearing debt by
$2M during the quarter.
https://prismmarketview.com/skyx-reports-record-q2-revenue-as-growth-continues-across-smart-home-and-building-platforms/