Logo

SKBL

Skyline Builders Group Holding Limited

SKBL

Skyline Builders Group Holding Limited NASDAQ
$2.48 -2.36% (-0.06)

Market Cap $71.45 M
52w High $14.25
52w Low $0.42
Dividend Yield 0%
P/E 82.67
Volume 193.61K
Outstanding Shares 28.81M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $3.265M $69.295K $67.866K 2.079% $0.002 $194.513K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $1.986K $2.848M $2.385M $462.912K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $67.866K $-71.529K $20.358K $11.593K $0 $-71.53K

Five-Year Company Overview

Income Statement

Income Statement Skyline’s historical income statement is very small and essentially flat, suggesting the existing civil engineering business has not been a major profit engine. Revenue is modest, margins appear thin, and there is no clear pattern of consistent profitability yet. Overall, the past results look more like a small contractor than a scaled industrial or resources player. With the pivot to critical minerals and nuclear fuels, these legacy figures may soon be less relevant than the economics of the new business, which are not yet visible in the reported numbers.


Balance Sheet

Balance Sheet The balance sheet is light, reflecting a small company with a limited asset base so far. Debt is present but not heavy, and equity has only recently started to build, consistent with a business coming out of a SPAC structure and early growth stage. Reported cash levels in the historical data look low, but the company has raised a meaningful amount of new capital for acquisitions, which should change the balance sheet profile once fully reflected. Overall, financial flexibility will depend on how carefully this new capital is deployed into critical minerals assets and technologies.


Cash Flow

Cash Flow Historically, cash generation from operations has been weak and at times negative, pointing to a business that has not yet produced strong, self-funding cash flows. Capital spending has been light, which fits with a small, service‑oriented engineering firm rather than a capital‑intensive resources player. The company has therefore relied on external funding rather than internal cash generation to pursue its new strategy. Going forward, the key question will be whether the critical minerals and nuclear fuels pivot can move the business toward steadier, more robust cash inflows over time.


Competitive Edge

Competitive Edge In its legacy Hong Kong civil engineering business, Skyline’s main edge comes from experience and its approved status to work on public projects, which offers a stable but competitive niche rather than a dominant market position. The new strategy moves Skyline into the critical minerals and nuclear fuels arena, a space that is strategically important but crowded and politically sensitive. The planned headquarters move to Washington D.C. and the focus on supplying the U.S. market could become a differentiator if the company secures reliable assets and long‑term customers. However, Skyline will be competing against larger, established resource and energy companies, so scale, partnerships, and regulatory navigation will be crucial.


Innovation and R&D

Innovation and R&D The traditional civil engineering arm does not appear to rely on distinctive proprietary technology; its strengths are more operational and regulatory than innovative. The pivot to critical minerals and nuclear fuels introduces a more technology‑driven angle, especially given the leadership’s background in isotope enrichment and advanced processing methods. Potential acquisitions, such as Supercritical Technologies Corp., suggest Skyline is trying to bolt on specialized know‑how rather than build it from scratch. At this stage, the innovation story is promising but mostly conceptual; the market still needs clarity on what specific technologies Skyline will control and how defensible they will be versus competitors.


Summary

Skyline is in the middle of a major transformation from a small Hong Kong civil engineering contractor into a strategic materials and nuclear fuels player. Historical financials show a tiny, low‑margin business that has yet to prove strong profitability or cash generation, but they also don’t capture the impact of recent capital raises and acquisitions. The strategic shift brings significant opportunity, given global interest in secure supplies of critical minerals and nuclear fuels, particularly for the U.S. market. At the same time, execution risk is high: the company must integrate new assets, define its technology edge, navigate complex regulation, and compete with much larger incumbents. Overall, this is now less a traditional construction story and more an early‑stage, high‑uncertainty resources and energy transition story, where future performance will depend heavily on how well management delivers on the new plan.