SKYX Platforms (NASDAQ:SKYX – Get Free Report) and NeoVolta (NASDAQ:NEOV – Get Free Report) are both small-cap industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.
Profitability
This table compares SKYX Platforms and NeoVolta’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SKYX Platforms | -34.34% | N/A | -49.28% |
| NeoVolta | -63.35% | -141.89% | -89.61% |
Analyst Recommendations
This is a summary of current ratings and target prices for SKYX Platforms and NeoVolta, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SKYX Platforms | 1 | 1 | 3 | 1 | 2.67 |
| NeoVolta | 1 | 2 | 4 | 0 | 2.43 |
Earnings & Valuation
This table compares SKYX Platforms and NeoVolta”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| SKYX Platforms | $92.01 million | 2.02 | -$33.42 million | ($0.27) | -5.07 |
| NeoVolta | $8.43 million | 25.92 | -$5.03 million | ($0.33) | -11.70 |
NeoVolta has lower revenue, but higher earnings than SKYX Platforms. NeoVolta is trading at a lower price-to-earnings ratio than SKYX Platforms, indicating that it is currently the more affordable of the two stocks.
Volatility & Risk
SKYX Platforms has a beta of -3491.36, meaning that its share price is 349,236% less volatile than the S&P 500. Comparatively, NeoVolta has a beta of -0.87, meaning that its share price is 187% less volatile than the S&P 500.
Insider and Institutional Ownership
11.8% of SKYX Platforms shares are owned by institutional investors. Comparatively, 5.1% of NeoVolta shares are owned by institutional investors. 24.2% of SKYX Platforms shares are owned by insiders. Comparatively, 4.0% of NeoVolta shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Summary
SKYX Platforms beats NeoVolta on 11 of the 15 factors compared between the two stocks.
About SKYX Platforms
SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.
About NeoVolta
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.
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