Apr. 1 at 4:26 PM
$SKYX my update
revs 25m +
GMs 30% up 200 beeps +
cash burn 13m vs 18m +
200m shelf filed on day on eps -
guidance for q1 lowered to 22m from 23.4m -
guidance for 2026 lowered to 111m from 118m -
IMHO, company is set up to finally beat each qtr by 1m + from q2 onward because inventory is finally arriving to US. Turbo fans and ceiling fans were slowed down due to some delays and Chinese new year(2 weeks). Q2 should show real good traction in ceiling fans and Q3 smart home hub comes to market.
IMHO, I think Marriott , NVDA( a real partnership) and major new smart cities are coming amongst other news.
1.30-1.50 is cheaper than 1.00 one year ago imho.
company has 30m plus to drive growth. never had that much cash and revs are at 110m+
receptacles are growing.