N/A:SKYI
Sky Century Investment, Inc.
A financially distressed entity reporting massive net losses and a severe deficit in shareholders' equity.
Key Metrics
Investment Thesis
Bull Case
There is no viable bullish case given the company's negative equity and massive cash burn.
Bear Case
Investors should avoid this stock entirely due to the $117.2M net loss, $922.7M retained earnings deficit, and total liabilities exceeding assets by nearly $286M.
About Sky Century Investment, Inc.
Sky Century Investment, Inc. reports significant capital infusions through financing activities but faces substantial operational losses and a negative equity position.
Analysis
Management Discussion
Management has secured $46.1M in financing cash flow to offset a $92.1M investing outflow, yet this failed to prevent a net loss of $117.2M as operating expenses ($141.1M) crushed revenue ($76.3M).
Industry Overview
The company appears to be a shell or distressed entity with no meaningful industry footprint as evidenced by near-zero revenue and massive non-operating adjustments.
Financial Statements
Income Statement
Balance Sheet
Cash Flow
| Metric | 2025 |
|---|---|
| Revenue | $76.3K |
| Cost of Revenue | $51.9K |
| Gross Profit | $24.5K |
| Operating Expenses | $141.1K |
| Operating Income | $-116.6K |
| G&A | $98.8K |
| Other OpEx | $42.3K |
| Non-Operating Income | $-594 |
| Interest Expense | $594 |
| Pre-Tax Income | $-117.2K |
| Income Tax | $0 |
| Continuing Ops | $-117.2K |
| Discontinued Ops | $0 |
| Net Income | $-117.2K |
| Minority Interest | $0 |
| Net to Common | $-117.2K |
| Metric | 2025 |
|---|---|
| Current Assets | $2.0K |
| Cash & Equivalents | $477 |
| Other Current Assets | $1.5K |
| Long-Term Assets | $109.8K |
| Intangibles | $109.8K |
| Other LT Assets | $0 |
| Total Assets | $111.7K |
| Current Liabilities | $397.4K |
| Long-Term Liabilities | $0 |
| Total Liabilities | $397.4K |
| Shareholders' Equity | $-285.7K |
| Paid-In Capital | $408.4K |
| Retained Earnings | $-922.7K |
| Total L&E | $111.7K |
| Metric | 2025 |
|---|---|
| Net Income (CFO) | $-117.2K |
| Non-Cash Adjustments | $100.7K |
| Working Capital Changes | $63.0K |
| Cash from Operations | $46.5K |
| Cash from Investing | $-92.1K |
| Cash from Financing | $46.1K |
| FX Effect | $0 |
| Net Change in Cash | $477 |
| Beginning Cash | $0 |
| Ending Cash | $477 |
Frequently Asked Questions
How does Sky Century Investment, Inc. make money?
The company's revenue stream is minimal at $0.1M, with financial operations dominated by heavy cost of revenues ($51.9M) relative to gross profit ($24.5M), suggesting a lack of traditional product segments or reliance on capital arbitrage.
What are the main risks for SKYI?
Severe liquidity crisis with current liabilities ($397.4M) vastly exceeding current assets ($1.98M); persistent operational losses; potential for immediate insolvency given the retained earnings deficit of nearly $1M.
What is SKYI's competitive advantage?
None identified; the company exhibits negative shareholders' equity and a net loss exceeding $100M.
Not financial advice. All content is for informational purposes only. Data may contain errors. Consult a qualified financial advisor before making investment decisions.