See more : Alexco Resource Corp. (AXU) Income Statement Analysis – Financial Results
Complete financial analysis of Skkynet Cloud Systems, Inc. (SKKY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Skkynet Cloud Systems, Inc., a leading company in the Software – Infrastructure industry within the Technology sector.
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Skkynet Cloud Systems, Inc. (SKKY)
About Skkynet Cloud Systems, Inc.
Skkynet Cloud Systems, Inc., an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products worldwide. The company offers DataHub software that includes applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring. Its DataHub software is also used for data logging that enables reading and writing of data with various open database connectivity; creating a data bridging interface to permit association of data points in another control system; providing historical data; data redundancy features; and network system monitoring. In addition, the company offers SkkyHub, a software-as-a-service portal for industrial clients; Embedded Toolkit, a seamless and end-to-end solution that provides a direct link to SkkyHub from various devices and operating systems for M2M and viewing customer data from their device on the Internet; and VINE products for financial clients. Further, it provides software support program renewal, legacy installation support, and custom integration and development services. The company serves customers in aerospace, automation and control, chemical, communication, education, engineering, energy and utility, financial, food and beverage, government and municipal, healthcare and pharmaceutical, instrumentation, manufacturing, natural resource, and system integrator industries directly, as well as through resellers. Skkynet Cloud Systems, Inc. was incorporated in 2011 and is headquartered in Mississauga, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.37M | 2.16M | 1.83M | 1.51M | 1.37M | 1.47M | 1.34M | 1.17M | 1.22M | 916.87K | 783.77K | 729.34K | 718.84K |
| Cost of Revenue | 1.24M | 733.48K | 702.47K | 721.76K | 0.00 | 50.92K | 32.25K | 23.32K | 31.90K | 2.58K | 7.76K | 4.82K | 3.05K |
| Gross Profit | 1.13M | 1.42M | 1.13M | 785.17K | 1.37M | 1.42M | 1.30M | 1.15M | 1.19M | 914.29K | 776.01K | 724.52K | 715.79K |
| Gross Profit Ratio | 47.71% | 65.99% | 61.62% | 52.10% | 100.00% | 96.53% | 97.59% | 98.01% | 97.39% | 99.72% | 99.01% | 99.34% | 99.58% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.06M | 1.74M | 1.98M | 1.90M | 1.92M | 1.92M | 2.05M | 2.30M | 2.57M | 2.01M | 1.09M | 824.65K | 0.00 |
| Selling & Marketing | 425.97K | 479.04K | 204.60K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.49M | 2.21M | 1.98M | 1.90M | 1.92M | 1.92M | 2.05M | 2.30M | 2.57M | 2.01M | 1.09M | 824.65K | 1.10M |
| Other Expenses | 2.45K | 2.56K | 2.62K | 2.46K | 480.00 | -38.07K | 701.00 | 20.00 | 38.98K | 1.63K | 1.76K | 1.88K | 1.81K |
| Operating Expenses | 2.49M | 2.22M | 1.99M | 1.90M | 1.92M | 1.92M | 2.05M | 2.30M | 2.61M | 2.01M | 1.09M | 826.53K | 1.10M |
| Cost & Expenses | 2.49M | 2.22M | 1.99M | 1.90M | 1.92M | 1.97M | 2.09M | 2.32M | 2.65M | 2.01M | 1.10M | 831.34K | 1.10M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 26.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.46K | 51.69K | 0.00 | 13.00 | 15.44K | 12.64K | 6.32K | 0.00 |
| Depreciation & Amortization | 2.45K | 2.56K | 2.62K | 2.46K | 480.00 | 496.00 | 701.00 | 978.00 | 38.98K | 1.63K | 1.76K | 1.88K | 2.97K |
| EBITDA | -115.50K | -57.89K | -153.14K | -389.78K | -556.94K | -450.87K | -749.70K | -1.15M | -1.38M | -1.08M | -313.16K | -129.34K | -409.34K |
| EBITDA Ratio | -4.86% | -5.14% | -6.51% | -30.16% | -40.32% | -35.13% | -54.17% | -99.36% | 124.80% | -119.21% | -40.09% | -13.73% | -52.86% |
| Operating Income | -117.94K | -60.45K | -155.76K | -392.23K | -557.42K | -500.35K | -750.40K | -1.15M | 1.45M | -1.09M | -316.01K | -102.01K | -382.96K |
| Operating Income Ratio | -4.97% | -2.80% | -8.51% | -26.03% | -40.76% | -34.12% | -56.15% | -97.97% | 119.08% | -119.38% | -40.32% | -13.99% | -53.27% |
| Total Other Income/Expenses | -9.83K | 54.46K | -33.73K | 64.90K | -17.44K | -23.28K | -25.85K | 17.27K | 64.39K | -3.41K | -11.55K | -6.22K | -28.20K |
| Income Before Tax | -127.77K | -5.99K | -189.49K | -327.34K | -574.85K | -523.12K | -776.24K | -1.13M | 1.39M | -1.10M | -327.56K | -108.33K | -411.16K |
| Income Before Tax Ratio | -5.38% | -0.28% | -10.35% | -21.72% | -42.04% | -35.67% | -58.09% | -96.49% | 113.81% | -119.76% | -41.79% | -14.85% | -57.20% |
| Income Tax Expense | -29.90K | -38.74K | -25.90K | -16.00K | -30.48K | -32.28K | -33.32K | -33.77K | -77.77K | -38.75K | -85.87K | 6.32K | 28.20K |
| Net Income | -97.87K | 32.76K | -163.59K | -311.33K | -544.37K | -490.84K | -742.93K | -1.10M | -1.31M | -1.06M | -241.69K | -108.33K | -411.16K |
| Net Income Ratio | -4.12% | 1.52% | -8.94% | -20.66% | -39.81% | -33.47% | -55.60% | -93.61% | -107.44% | -115.53% | -30.84% | -14.85% | -57.20% |
| EPS | 0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.02 | 0.00 | 0.00 | -0.05 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.02 | 0.00 | 0.00 | -0.05 |
| Weighted Avg Shares Out | 53.14M | 52.19M | 51.58M | 51.58M | 51.42M | 51.33M | 51.06M | 50.88M | 50.79M | 49.91M | 49.33M | 37.15M | 9.00M |
| Weighted Avg Shares Out (Dil) | 53.14M | 58.83M | 51.58M | 51.58M | 51.42M | 51.33M | 51.06M | 50.88M | 50.79M | 49.91M | 49.33M | 37.15M | 9.00M |
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Skkynet Announces Q1 2021 Financial Results and Reiterates Positive Outlook
Source: https://incomestatements.info
Category: Stock Reports