Cuộc họp báo cáo kết quả kinh doanh quý 2/2026 của SKYX Platforms (SKYX): Doanh thu đạt 25,3 triệu USD

Điểm tin chính

• Doanh thu quý 2/2026 đạt mức kỷ lục 25,3 triệu USD, tăng 14% so với quý 1/2026 và tăng 10% so với mức 23,0 triệu USD của quý 2/2025. SKYX ghi nhận quý thứ 10 liên tiếp tăng trưởng so với cùng kỳ năm trước.
• Lợi nhuận gộp quý 2 tăng 4% so với cùng kỳ năm trước lên 7,3 triệu USD. Dòng tiền sử dụng cho hoạt động kinh doanh giảm 39% so với quý trước, từ 6,0 triệu USD xuống 3,7 triệu USD.
• Tiền, các khoản tương đương tiền và tiền bị hạn chế sử dụng đạt tổng cộng 27,7 triệu USD tại thời điểm ngày 30 tháng 6 năm 2026, tăng so với mức 10,1 triệu USD vào ngày 31 tháng 12 năm 2025. Ban lãnh đạo tin tưởng tính thanh khoản hiện tại đủ để hỗ trợ mục tiêu đạt dòng tiền dương khi kết thúc năm 2026.
• SKYX dự kiến triển khai hơn 1 triệu sản phẩm trong suốt quá trình thực hiện các dự án đã công bố và tiếp tục đặt mục tiêu giao hoặc đưa ra thị trường hơn 100.000 sản phẩm vào cuối năm 2026.
• Các dự án khách sạn và nhà thầu xây dựng đang tiến tới giai đoạn cung ứng, trong khi sản phẩm giám sát Thế hệ 3 (Gen 3) vẫn phụ thuộc vào phê duyệt của FCC cũng như các cơ quan quản lý khác tại Mỹ trước khi đi vào sản xuất quy mô lớn.

Dữ liệu tài chính cốt lõi

Kết quả hoạt động kinh doanh và vận hành

SKYX cho biết mức độ ứng dụng từ các nhà thầu xây dựng và khách sạn tiếp tục mở rộng. Các dự án triển khai đã công bố bao gồm việc cải tạo Khách sạn Marriott City Center tại Durham, Bắc Carolina, Khách sạn Grand Hotel du Parc tại Pháp và Khách sạn Hotel Mozart Prague. Công ty cũng đã ký kết các thỏa thuận với Group OTT, bao gồm thỏa thuận tiếp thị công nghệ của mình tới thị trường khách sạn Châu Âu với quy mô hơn 132.000 khách sạn.

Ban lãnh đạo cho biết việc cung ứng cho một số dự án tòa nhà và khách sạn sẽ bắt đầu từ quý 3/2026, các đợt giao hàng tiếp theo dự kiến diễn ra trong quý 4/2026 và trong suốt năm 2027. Danh mục dự án mở rộng bao gồm các địa điểm tại Bắc Carolina, Austin, San Antonio, Nam Florida, New York, Châu Âu, Ả Rập Xê Út và Ai Cập.

SKYX cũng đã ký thỏa thuận cấp phép công nghệ với tập đoàn chiếu sáng toàn cầu Eurofase. Ban lãnh đạo cho biết hoạt động gia tăng tại các dự án khách sạn và bất động sản có thể tạo ra thêm nhiều cơ hội cấp phép, nhưng không đưa ra mốc thời gian hay thỏa thuận cụ thể nào.

Theo ban lãnh đạo, tín hiệu bán hàng đối với sản phẩm quạt sưởi turbo đã được cấp bằng sáng chế vẫn rất khả quan bất chấp mùa hè. SKYX dự kiến ra mắt các phiên bản nhỏ hơn và lớn hơn, cả hai đều dự kiến ra mắt vào quý 4/2026. Công ty kỳ vọng nhu cầu theo mùa và sự đóng góp lớn hơn từ các sản phẩm có biên lợi nhuận cao hơn sẽ hỗ trợ cơ cấu sản phẩm trong các quý tới.

Công ty cũng đang ở những giai đoạn cuối cùng trong việc triển khai phần mềm ứng dụng AI trên nền tảng thương mại điện tử của mình. Ban lãnh đạo nhận thấy tiềm năng doanh thu định kỳ từ các dịch vụ AI, giám sát, gói đăng ký, khả năng hoán đổi sản phẩm và nâng cấp sau khi các ổ cắm trên trần nhà của hãng được lắp đặt.

Dự báo của Ban lãnh đạo

Ban lãnh đạo tái khẳng định mục tiêu đạt dòng tiền dương khi SKYX kết thúc năm 2026. Công ty tin rằng thanh khoản hiện tại đủ để theo đuổi mục tiêu đó.

SKYX tiếp tục kỳ vọng hơn 100.000 sản phẩm sẽ được giao hoặc có mặt trên thị trường vào cuối năm 2026. Ban lãnh đạo cho biết tiến độ vẫn đúng kế hoạch, trong khi mục tiêu lớn hơn là hơn 1 triệu sản phẩm liên quan đến việc triển khai trong suốt thời gian thực hiện các dự án thay vì chỉ riêng trong năm 2026.

Ban lãnh đạo kỳ vọng cơ cấu doanh thu sẽ dịch chuyển sang sản phẩm quạt sưởi turbo và các sản phẩm cung cấp cho khách hàng là nhà thầu xây dựng và khách sạn. Họ tin rằng sự đóng góp lớn hơn từ các sản phẩm có biên lợi nhuận cao hơn có thể cải thiện cơ cấu biên lợi nhuận gộp trong các quý tới.

Các mẫu sản xuất Thế hệ 3 (Gen 3) đang trong quá trình thử nghiệm và theo ban lãnh đạo, phần cứng cũng như phần mềm đang hoạt động tốt. Việc giao hàng thương mại có thể bắt đầu trong quý tới, nhưng thời điểm cụ thể phụ thuộc vào sự phê duyệt của cơ quan quản lý và nằm ngoài tầm kiểm soát của công ty.

Rủi ro và các điểm cần theo dõi

• Thị trường bất động sản và trang trí nội thất tiếp tục suy giảm, mặc dù SKYX vẫn ghi nhận tăng trưởng doanh thu trong bối cảnh đó.
• Quá trình sản xuất quy mô lớn Thế hệ 3 (Gen 3) phụ thuộc vào sự phê duyệt tiêu chuẩn từ Mỹ, FCC và các cơ quan khác, tạo ra sự không chắc chắn về thời điểm ra mắt.
• Quá trình chuẩn hóa quy chuẩn bắt buộc đối với ổ cắm trần của công ty vẫn là một tiến trình kéo dài. Ban lãnh đạo cho biết tiến độ vẫn đang tiếp tục nhưng không đưa ra mốc thời gian cụ thể.
• Biên lợi nhuận gộp phụ thuộc một phần vào cơ cấu sản phẩm. Một nhà phân tích lưu ý rằng biên lợi nhuận gộp quý 2 đạt khoảng 29%, giảm so với mức khoảng 30% ở quý 1.
• Mục tiêu 1 triệu sản phẩm dự kiến sẽ được thực hiện qua nhiều giai đoạn, với các đợt giao hàng kéo dài sang năm 2027.

Nội dung nổi bật phần Hỏi & Đáp với nhà phân tích

Về biên lợi nhuận gộp, ban lãnh đạo cho biết sự đóng góp cao hơn từ quạt sưởi turbo cùng các sản phẩm dành cho nhà thầu và khách sạn sẽ giúp tăng tỷ trọng doanh thu có biên lợi nhuận cao hơn trong các quý tới.

Liên quan đến việc triển khai B2B, ban lãnh đạo cho biết việc cung ứng ban đầu cho dự án sẽ bắt đầu vào quý 3, tiếp theo là các đợt giao hàng bổ sung trong quý 4/2026, quý 1/2027 và sau đó trong năm 2027. Công ty vẫn giữ sự tự tin vào việc đạt được mục tiêu hơn 100.000 sản phẩm vào cuối năm 2026.

Về Thế hệ 3 (Gen 3), SKYX cho biết các mẫu sản xuất đang thử nghiệm tốt. Hạn chế còn lại là phê duyệt từ cơ quan quản lý trước khi có thể bắt đầu sản xuất quy mô lớn và giao hàng cho khách hàng.

Ban lãnh đạo cũng xác nhận rằng các nền tảng thông minh tất cả trong một và các sản phẩm khác của hãng đang được thảo luận cho các dự án khách sạn và nhà thầu. Khi ổ cắm trên trần nhà được lắp đặt, khách hàng có thể kết nối các thiết bị chiếu sáng, nền tảng thông minh hoặc quạt trần tương thích.

Về việc chuẩn hóa bắt buộc, ban lãnh đạo dẫn chứng tiến độ tại một số tổ chức an toàn và lưu ý rằng thuật ngữ chung WSCR (weight-supported ceiling receptacle - ổ cắm trần chịu lực) đã xuất hiện trong các tài liệu quy chuẩn. Tuy nhiên, công ty nhấn mạnh rằng quy trình này diễn ra chậm và công ty không thể chủ động kiểm soát mốc thời gian.

Toàn văn Biên bản Cuộc họp Báo cáo Kết quả Kinh doanh

Toàn văn cuộc gọi công bố kết quả kinh doanh

Phần trình bày của ban lãnh đạo

Operator

Good afternoon, and welcome to the SKYX Platforms Corp. second quarter 2026 earnings conference call.

Before we begin, I'd like to remind everyone that during today's call, management may make forward-looking statements within the meaning of the federal securities laws. These statements are based on current expectations and assumptions and involve risk and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. For a discussion of these risks and uncertainties, please refer to SKYX Platforms Corp.'s filings with the Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements except as required by law.

During today's call, management will also discuss certain non-GAAP financial measures. Where applicable, reconciliations to the most directly comparable GAAP measures can be found in the company's earnings release and SEC filings.

I would now like to turn the conference over to your host, Ronnie Kohen, Founder and Executive Chairman of SKYX Platforms. Ronnie, please go ahead.

Ran Kohen

Thank you, Rob. Good afternoon. Welcome to our 2026 second quarter call. We will start -- as you will see, we made tremendous progress here, and we will start with our President, Steve Schmidt. Steve?

Steven Schmidt

Ronnie, thank you very much. First of all, good afternoon to everyone and welcome to our second quarter 2026 earnings call. As you will see today, we are continuing to execute on all our priorities in the second quarter of 2026 as well as in the weeks that followed.

First, a few financials. In Q2, our sales grew 14% to $25.3 million, compared to $22.1 million in Q1 2026, representing 10 consecutive quarters of growth year-over-year as we continue to grow our market penetration. And all of this despite the real estate and home decor markets continuing to decline. Next, we are also reporting over $27.7 million in cash and cash equivalents as of June 30, 2026. We believe we have sufficient cash to achieve our goals, including becoming cash flow positive as we exit 2026.

So now let's talk about many of the key initiatives and our progress to date. We recently announced that we will supply our technologies during a renovation of a Marriott City Center Hotel in Durham, North Carolina. In May, we announced our technology will become brand standard for European Hotel Developers Group OTT, developer of over 250 hotels and buildings across Europe. Next, in May, we also announced that we will deploy our technologies to our first European hotel in France during a renovation of an historical architectural preservation hotel, The Grand Hotel du Parc, formerly The Grand Medicis Hotel.

In June, we announced that we will deploy our technologies to our second European hotel during a renovation of a 5-star Accor Hospitality Group Hotel Mozart Prague. Next, we signed an additional agreement with Group OTT Heritage Hospitality Group to deploy and market our technologies to the vast European hotel market of over 132,000 hotels. Importantly, in May 2026, we signed a license agreement for our advanced technologies with a Global Lighting Company Eurofase, with operations in the U.S., Canada, and globally.

Next, we expect to deploy over 1 million units of our products, including our advanced smart home plug-and-play technologies during the course of our projects and to deliver over 100,000 units by the end of 2026 through our pro and retail segments. Our future projects in the U.S. and globally, which we've announced, include projects in North Carolina, Austin, San Antonio, South Florida, including Miami's New $4 Billion Smart City, New York, Europe, Saudi Arabia, and Egypt.

Next, despite record hot summer weather, our sales of our patented turbo heater fan are continuing to grow, and we expect sales to significantly grow towards fall and winter seasons, and we will provide additional products in new designs and sizes. Our technologies expansion provides additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, subscriptions, and more.

Next, our enhanced safety code standardization team continues its progress towards its goal of a safety-mandated standardization in homes and buildings of our life-saving ceiling outlet and receptacle technology, a tremendous amount of success and progress in Q2.

So with that, let me now turn the call over to Lenn Sokolow, our CEO, to provide additional details on our financial performance. Lenn?

Leonard Sokolow

Great, thank you very much, Steve. As Steve mentioned, we generated an increase of 14% in revenues to a record $25.3 million in the second quarter of 2026. This is compared to $22.1 million in revenues in the first quarter of 2026 and an increase of 10% compared to $23 million for the second quarter of 2025. As of June 2026, we reported $27.7 million in total cash, cash equivalents, and restricted cash. This is compared to $10.1 million as of December 31, 2025.

Revenues for the six months ended June 30, 2026, increased 10% to a record $47.4 million compared to $43.2 million for the six months ended June 30, 2025. The gross profit for the second quarter ending June 30 increased comparatively for the second quarter of 2025 by 4% to $7.3 million.

And gross profit for the six months ended June 30, 2026, increased by 10% to $13.9 million compared to the $12.7 million for the six months ended June 30, 2025. Our net cash used in operating activities was reduced by approximately 39% to $3.7 million in the second quarter of 2026 from $6 million in the first quarter of 2026. And the company reduced interest-bearing debt by $2 million as of June 30, 2026.

And with that, if I could turn it over to Ronnie, please.

Ran Kohen

Thank you, Lenny. Thank you, Steve. As you can see, and as you see, we continue our progress with 10 consecutive year-over-year quarters of growth. Our builder and hotel segments are continuing to grow. Our value proposition is very strong in those 2 segments of hotels and builders. We save up to 90% of time and by this -- of installation or renovation, and by this up to 90% of cost of renovation and installation.

These million units that we expect that we have in our pipeline and expected to be supplied are not only going to generate revenue for us, it's important to say that those can create recurring revenues through AI services, monitoring, subscription, interchangeability, upgrades for styles or season or renovations. So this is just the beginning, what you see here, but this is definitely a segment we're very focused on, and we believe then that very soon we'll have more to say in those segments.

We are also progressing with our code mandatory standardization. We're making progress. Our code team believes that we're getting closer to our goal. Again, it's a long progress of 14 years now that we met all the conditions and beyond, and we expect this to keep on progressing in the next coming months. We are also making progress with insurance companies based on the safety elements of our products.

We have interests and discussions with insurance companies, and we believe that as we continue our progress, we will have ability to collaborate with insurance companies. That segment looks promising for our future. With that being said, we're also in final stages of launching our AI-driven software on our e-commerce platform, and we expect in the near future to also enhance our e-commerce platform towards the builder and hotel segments as that is where we see tremendous growth opportunities for us, and we are in several discussions on additional projects in this area.

With that being said, we'll open now for Q&A. We welcome your questions. Thank you.

Operator

[Operator Instructions] Our first question comes from Jacob Stephan with Lake Street Capital Markets.

Phần hỏi đáp

Jacob Stephan

Congrats on a good quarter here. Maybe just first touching on the gross margin front, Q2 at 29% was down from kind of 30% in Q1. I guess, when we look at the second half and kind of correlating that with your comments on stronger second half, what specifically are you kind of factoring into kind of a gross margin front as we look at the back half of the year?

Ran Kohen

This is a mixture of our products. As we continue our growth with the turbo heater fan and other products that we'll supply to our builder and hotel segment, the blend of revenue on this side will grow, and the blend of products with higher gross margins will be much higher, and we expect to grow that segment as we continue in the next coming quarters.

Jacob Stephan

Okay. And I guess on the B2B front, we've kind of talked about the 1 million units reserved for several quarters now. I guess, can you provide any detail on what has shipped kind of in the first half, what you are kind of expecting in the back half of the year?

Ran Kohen

We are -- yes, we are starting to supply some projects this quarter and continuing in Q4 and Q1 and 2027 in general. So we have a pipeline, and we're starting to supply to some of those buildings and hotels mentioned in our segment.

Jacob Stephan

Got it. And last one for me. On Gen 3, you guys have talked about a mid kind of Q3 production. I guess, I didn't see anything about it in the press release, but maybe where does that launch stand today?

Ran Kohen

With the turbo heater fan?

Jacob Stephan

Gen 3? The monitoring.

Ran Kohen

Gen 3. Yes. Okay. Gen 3 is -- we're happy to say that we already have some production samples in our hands that are testing very well. And at that stage, we'll need to wait for all the code approvals, the U.S., FCC, and other code approvals we need for that device and that is not up to us, the timetable, but we're happy on our end that the software and hardware are in very good condition, and now it's about the regulators to get the final approvals to start the mass production and to be able to supply it to the quarter. So -- in the next quarter, hopefully. But there's great demand growing for that product from several angles. And we are looking forward to finalizing all the code approvals that we can start delivering that product.

Operator

Our next question comes from Joe Gomes with NOBLE Capital Markets.

Joseph Gomes

I just kind of wanted to follow up on the units. You talked about deploying more than 100,000 during 2026. Just, you know, how confident are you that you'll hit or exceed that goal this year?

Ran Kohen

We are -- by the end of 2026, our expectations is that we'll have 100,000 units in the market. So far, it looks according to plan as we continue to grow our market penetration. And we believe -- strongly believe that we'll meet our goal by the end of '26.

Joseph Gomes

Okay. And then on the SKY fan, it sounds things are going well there. If you look, you know, first quarter, second quarter at Home Depot, how did sales go there? And how is it unfolding in some of the newer launches at the other retailers?

Ran Kohen

So we're actually encouraged, although it's summertime, the peak of summertime now, and our expectations were very low for that season. We're very encouraged for the signals we see there, and we're actually in process of enhancing our variety with bigger fans and smaller turbo heater fans based on demand.

We have demand for smaller rooms, and we're going to come with a smaller version that you'll see by the next quarter, and we have demands for bigger rooms. So we're coming for a bigger version that you will see also us launching in Q4. So we're very happy with that, with the indications we see during the worst season for any type of heater. So, we look forward to the winter with that product, and we strongly believe that, that product will create some growth and gross margins for us in the next coming quarters.

Joseph Gomes

Okay. And then one more for me. Maybe just give us a little bit more color on the Eurofase. How that is progressing? Is that going according to your plan? And is that kind of a one-off type of agreement, or do you think we're going to see more additional license agreements modeled on the Eurofase agreement?

Ran Kohen

So our licensing model was created to deliver one of our initiatives or one of our demands based on standardization with the National Electrical Code or with any other safety organizations. We would need to license that product all across the board to prevent from monopoly or situations like this.

So that's how we started with our licensing. We're pleasantly surprised or happy that companies are taking steps towards discussion on licensing with us, and Eurofase is one of them.

It's a leading company that has a large pro segment and are involved with hotels and builders. And as they saw progress in this segment, that's to remind everyone in the past year or so we announced, I believe, over 14 real estate projects or probably 16 already between hotels and real estate projects. And as we grow our progress there, we expect to see more opportunities for licensing.

But definitely that there's major companies that are looking into how we grow our channels in the pro and hotels, and that's really what enabled our relationship and licensing agreement with Eurofase that is a great company, very large in the U.S. and Canada as well as Europe.

Operator

Our next question comes from Jack Vander Aarde with Maxim Group.

Jack Vander Aarde

Okay. Great. Congrats on the continued growth ramp. Ronnie, with regard to the dozen or so large projects, not to repeat myself or repeat you guys, but there's a ton of these projects going on in North Carolina, San Antonio, you got some Europe, all the hotels, the Smart City in Miami, et cetera. Just wondering what type -- do you have any visibility yet or any color you can provide on what SKYX products are going to be involved?

Ran Kohen

What type of products?

Jack Vander Aarde

For example, the smart turbo heater fan and then maybe that, I know you haven't released it yet, but the Gen 3 all-in-one smart device. Are these products being discussed as being involved? I'm just curious to get your thoughts.

Ran Kohen

Yes, absolutely. They're definitely being discussed as being involved. And again, to remind everyone, we have the razor-and-blade model. Once you have the razor, what we call a receptacle, outlet receptacle, you can plug in a light fixture, a smart platform, a ceiling fan, or it's up to your choice. So as we're progressing with the hotel and builder segment, definitely discussions on the all-in-one smart platforms, and it's definitely going to be part of our portfolio in the next coming projects we're doing here, and there are discussions with many parties and excitement towards that product.

Jack Vander Aarde

Okay, great, excellent. And then maybe just one more. On the standardization front for the mandatory ceiling receptacle. Has there been any, I guess, incremental discussions since the last time we spoke last quarter? Or anything you can share. I know there's some stuff you have to keep kind of close to the belt for now, but wondering if there's been any incremental material changes on the standardization front.

Ran Kohen

Material, we can't say material, but we definitely see some progress. Again, we're attacking it from several angles, and we're doing progress, and I would say on with 4 segments there of safety organizations, and we feel that we're making progress and we're getting closer. But -- we don't know exact timetable here, but we definitely have a very strong case. As we said, this is a life-saving device, and there's codes and organizations that have an obligation to save lives, mitigate injuries, and property damages, and we fit all those criterions and beyond. And we met all the conditions, including the ANSI/NEMA specification as well as the NEC votes, NFPA demands, and we have to remind everyone in the code books, we already have a generic name, WSCR, weight-supported ceiling receptacle.

So that's a generic name that's part of our standardization progress. So we feel very good with this. Again, it's a slow machine. It's very slow to get something standardized mandate. That's the bad news, but the good news is we're 14 years now in this progress, and we feel that we're getting closer than ever. And again, we don't hold the clock, but we are getting closer. That's the feedback we're getting from our team.

Operator

[Operator Instructions] There are no further questions. At this time, I'd like to turn the call back over to management for any closing remarks.

Ran Kohen

I would like to thank you all for joining us on our second quarter 2026 earnings call, and we look forward to keep our progress, and we hope that we will be able to share more of our progress in the near future. We thank you very much for your time and have a great evening everyone. Thank you.

Operator

This concludes today's conference. You may disconnect your lines at this time. And we thank you for your participation.