SKYX Platforms (SKYX) Lytham Partners Fall 2024 Investor Conference summary

Leadership and team

• Leadership includes former Fortune 100 CEOs and executives from major companies like Nielsen, Home Depot, Disney, and Microsoft.

• Board and advisory team features experts in electrical codes, safety, and global hospitality.

• Many team members are significant investors, having participated in multiple funding rounds and the IPO.

Product innovation and technology

• Developed three generations of plug-and-play smart home platforms, with nearly 100 patents globally.

• Products enable safe, rapid installation of lighting, fans, and smart devices, recognized by the National Electrical Code.

• Smart features include voice/phone control, energy-saving, emergency lighting, and integration with major platforms.

• Platform enhances Wi-Fi, sound, and safety, with backup power and advanced sensors.

Market opportunity and business model

• Addressable market exceeds $500 billion, targeting smart home, lighting, and electrical sectors.

• Generated $58 million in revenue in 2023, with $19M in Q1 and $21.4M in Q2; cash position at $15.6M.

• Business model includes product sales, royalties, licensing, subscriptions, and country rights.

• Razor-and-blade model: receptacle as the base, with various smart products as add-ons.