Company / Interest Expense
SKYX Platforms Corp. Interest Expense History
FY2015-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$4.1M
FY2025
5-year range
$560.4K / $4.1M
FY2021-FY2025
Trend
+30.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has increased for 3 consecutive years, from $560,382 in FY2022 to $4M in FY2025.
Based on SEC 10-K filings.
$4M in FY2025 with a 10-year CAGR of +6.6%.
Increased from $589,009 to $4M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +93.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- +6.6%
Key checks
Key Insights
- SKYX Platforms Corp.'s interest expense has grown for 3 consecutive years.
- 3-year CAGR of +93.4%, indicating consistent growth.
- In FY2025, interest expense increased 30.4% year-over-year.
- Lowest interest expense in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score -0.24 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.1M | +30.4% |
| FY2024 | $3.1M | +427.9% |
| FY2023 | $589.0K | +5.1% |
| FY2022 | $560.4K | -42.9% |
| FY2017 | $980.9K | -65.7% |
| FY2016 | $2.9M | +33.5% |
| FY2015 | $2.1M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026