Skkynet Cloud Systems, Inc. (SKKY)
Skkynet Cloud Systems, Inc. functions as a specialized vendor of industrial middleware, providing robust connectivity and data acquisition solutions for a broad spectrum of industrial and office hardware and software systems globally. A core component of their offerings is the DataHub software. This versatile platform enables real-time graphical web displays of operational data. It effectively bridges information from various industrial protocols like Open Process Control (OPC), Dynamic Data Exchange (DDE), and Modbus servers, facilitating comprehensive analysis of factory production, embedded system performance, or financial strategies. DataHub also extends its capabilities by connecting to MQTT clients, thereby integrating with remote sensors and diverse cloud-based services, and supporting data mirroring for consistency. Its functionalities further encompass sophisticated data logging via Open Database Connectivity (ODBC), the creation of data bridging interfaces to link data points across different control systems, the provision of historical data archives, the implementation of data redundancy features for reliability, and comprehensive network system monitoring. Beyond DataHub, Skkynet provides SkkyHub, a Software-as-a-Service (SaaS) portal specifically designed for its industrial clients. The Embedded Toolkit offers a streamlined, end-to-end solution for machine-to-machine (M2M) communication, establishing a direct link from various devices and operating systems to SkkyHub, which allows customers to view their device data over the Internet. For clients in the financial sector, the company offers its VINE products. Complementing its software portfolio, Skkynet delivers essential services including software support program renewals, assistance for legacy installations, and custom integration and development. The company serves a diverse clientele across numerous sectors such as aerospace, automation, chemicals, communications, education, energy, finance, food and beverage, government, healthcare, manufacturing, natural resources, and system integration. These solutions are distributed both directly and through an extensive network of resellers. Skkynet Cloud Systems, Inc. was founded in 2011 and is headquartered in Mississauga, Canada.
Sector: Services-Prepackaged Software
Industry: Software - Infrastructure
Skkynet Cloud Systems, Inc.
No splits on record
Nothing in SKKY's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 |
| Revenue | $2.55M | $2.56M | $2.37M | $2.16M | $1.83M | $1.51M | $1.37M | $1.47M | $1.34M | $1.17M | $1.22M | $917K | $784K | $729K | $719K |
| YoY Growth | -0.4% | 7.9% | 10.1% | 17.8% | 21.5% | 10.2% | -6.7% | 9.7% | 14.0% | -4.0% | 33.2% | 17.0% | 7.5% | 1.5% | - |
| Cost of Revenue | $2K | $2K | $1.24M | $733K | $702K | $722K | $0 | $51K | $32K | $23K | $32K | $3K | $8K | $5K | $3K |
| Gross Profit | $2.55M | $2.56M | $1.13M | $1.42M | $1.13M | $785K | $1.37M | $1.42M | $1.3M | $1.15M | $1.19M | $914K | $776K | $725K | $716K |
| Gross Margin | 99.9% | 99.9% | 47.7% | 66.0% | 61.6% | 52.1% | 100.0% | 96.5% | 97.6% | 98.0% | 97.4% | 99.7% | 99.0% | 99.3% | 99.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1M | $2.5M | $2.49M | $2.21M | $1.98M | $1.9M | $1.92M | $1.92M | $2.05M | $2.3M | $2.57M | $2.01M | $1.09M | $825K | $1.1M |
| Other | $1.55M | $2K | $2K | $3K | $3K | $2K | $480 | $0 | $701 | $20 | $39K | $2K | $2K | $2K | $2K |
| Total Operating Expenses | $2.56M | $2.5M | $2.49M | $2.22M | $1.99M | $1.9M | $1.92M | $1.92M | $2.05M | $2.3M | $2.61M | $2.01M | $1.09M | $827K | $1.1M |
| Operating Income (EBIT) | -$20K | $59K | -$118K | -$60K | -$156K | -$392K | -$557K | -$500K | -$750K | -$1.15M | $1.45M | -$1.09M | -$316K | -$102K | -$383K |
| Operating Margin | -0.8% | 2.3% | -5.0% | -2.8% | -8.5% | -26.0% | -40.8% | -34.1% | -56.2% | -98.0% | 119.1% | -119.4% | -40.3% | -14.0% | -53.3% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7K | $52K | $0 | $13 | $15K | $13K | $6K | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $31K | $14K | -$10K | $54K | -$34K | $65K | -$17K | -$23K | -$26K | $17K | $64K | -$3K | -$12K | -$6K | -$28K |
| Income Before Tax (EBT) | $10K | $73K | -$128K | -$6K | -$189K | -$327K | -$575K | -$523K | -$776K | -$1.13M | $1.39M | -$1.1M | -$328K | -$108K | -$411K |
| Income Tax Expense | -$25K | -$26K | -$30K | -$39K | -$26K | -$16K | -$30K | -$32K | -$33K | -$34K | -$78K | -$39K | -$86K | $6K | $0 |
| Net Income | $35K | $99K | -$98K | $33K | -$164K | -$311K | -$544K | -$491K | -$743K | -$1.1M | -$1.31M | -$1.06M | -$242K | -$108K | -$411K |
| Net Income Margin | 1.4% | 3.9% | -4.1% | 1.5% | -8.9% | -20.7% | -39.8% | -33.5% | -55.6% | -93.6% | -107.4% | -115.5% | -30.8% | -14.9% | -57.2% |
| Supplementary Data | |||||||||||||||
| EPS | 0.00 | 0.00 | -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 |
| Diluted EPS | 0.00 | 0.00 | -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 Average OS | 53.14M | 53.14M | 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 |
| EBITDA | $12K | $61K | -$115K | -$58K | -$153K | -$390K | -$557K | -$451K | -$750K | -$1.15M | -$1.38M | -$1.08M | -$313K | -$129K | -$409K |
| EBITDA Margin | 0.5% | 2.4% | -4.9% | -2.7% | -8.4% | -25.9% | -40.7% | -30.7% | -56.1% | -97.9% | -113.3% | -117.9% | -40.0% | -17.7% | -56.9% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $1.43M | $1.16M | $917K | $730K | $798K | $817K | $700K | $677K | $583K | $267K | $470K | $978K | $365K | $122K | $136K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.43M | $1.16M | $917K | $730K | $798K | $817K | $700K | $677K | $583K | $267K | $470K | $978K | $365K | $122K | $136K |
| Accounts Receivable | $377K | $361K | $311K | $382K | $260K | $201K | $146K | $173K | $147K | $157K | $168K | $87K | $89K | $102K | $107K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $3K | $4K | $11K | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $38K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.83M | $1.55M | $1.25M | $1.14M | $1.08M | $1.04M | $857K | $890K | $752K | $439K | $650K | $1.06M | $454K | $224K | $243K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $0 | $2K | $5K | $7K | $27K | $53K | $8K | $6K | $961 | $1K | $2K | $3K | $5K | $4K | $6K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$7K | $0 | -$53K | -$8K | $7K | $6K | $9K | $9K | $0 | $0 | -$4K | $0 |
| Total Long-Term Assets | $0 | $2K | $5K | $7K | $27K | $53K | $8K | $13K | $7K | $11K | $11K | $6K | $7K | $4K | $6K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.83M | $1.55M | $1.26M | $1.14M | $1.1M | $1.09M | $866K | $903K | $759K | $450K | $660K | $1.07M | $461K | $228K | $249K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $210K | $155K | $85K | $58K | $160K | $157K | $97K | $38K | $39K | $59K | $93K | $58K | $35K | $24K | $44 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $154K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $1K |
| Current Unearned Revenue | $348K | $338K | $360K | $282K | $205K | $169K | $112K | $88K | $103K | $95K | $78K | $45K | $59K | $0 | $0 |
| Other Current Liabilities | $119K | $0 | $0 | $84K | $73K | $1 | $55K | $125K | $18K | $0 | $0 | $48K | $53K | $78K | $444K |
| Total Current Liabilities | $803K | $660K | $541K | $455K | $603K | $569K | $286K | $247K | $190K | $204K | $195K | $505K | $290K | $318K | $320K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $19K | $48K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $197K | $211K | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | -$2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $126K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $19K | $48K | $50K | $0 | $163K | $160K | $154K | $78K | $257K | $197K | $211K | $126K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$163K | -$160K | -$154K | -$78K | -$257K | $0 | $0 | $0 |
| Total Liabilities | $803K | $660K | $541K | $474K | $651K | $619K | $286K | $247K | $190K | $204K | $195K | $505K | $488K | $529K | $446K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $5 | $199 | $199 | $199 | $199 | $199 | $194K | $194K | $194K | $194K | $194K | $5 | $5 | $5 | $0 |
| Common Stock | $53K | $53K | $53K | $53K | $52K | $52K | $52K | $51K | $51K | $51K | $51K | $51K | $49K | $49K | $19K |
| Retained Earnings | -$6.45M | -$6.47M | -$6.56M | -$6.45M | -$6.47M | -$6.23M | -$5.92M | -$5.35M | -$4.86M | -$4.11M | -$3.02M | -$1.7M | -$644K | -$354K | -$216K |
| Comprehensive Income & Other | $73K | $81K | $74K | $76K | $81K | $56K | $65K | -$75K | -$60K | -$75K | -$78K | $11K | $13K | -$171 | $0 |
| Other Stockholders' Equity | $7.42M | $7.31M | $7.22M | $7.07M | $6.87M | $6.65M | $6.45M | $5.95M | $5.37M | $4.31M | $3.43M | $2.22M | $568K | $4K | $0 |
| Total Equity | $1.03M | $890K | $716K | $671K | $453K | $469K | $580K | $656K | $569K | $246K | $465K | $565K | -$26K | -$301K | -$197K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.83M | $1.55M | $1.26M | $1.14M | $1.1M | $1.09M | $866K | $903K | $759K | $450K | $660K | $1.07M | $461K | $228K | $249K |
| Supplementary Data | |||||||||||||||
| Total Debt | $0 | $0 | $0 | $19K | $65K | $71K | $0 | $0 | $0 | $0 | $0 | $154K | $197K | $211K | $0 |
| Net Debt | -$1.43M | -$1.16M | -$917K | -$711K | -$733K | -$746K | -$700K | -$677K | -$583K | -$267K | -$470K | -$824K | -$168K | $89K | -$136K |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 | 2011-10-31 |
| Operating Activities | |||||||||||||||
| Net Income | $35K | $99K | -$98K | $33K | -$164K | -$311K | -$576K | -$491K | -$743K | -$1.1M | -$1.31M | -$1.06M | -$242K | -$108K | -$411K |
| Depreciation & Amortization | $2K | $2K | $2K | $3K | $3K | $2K | $480 | $496 | $701 | $978 | $39K | $2K | $2K | $2K | $3K |
| Deferred Income Tax | $0 | $0 | -$205K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $122K | $80K | $99K | $200K | $195K | $209K | $387K | $355K | $505K | $595K | $452K | $404K | $8K | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | -$29K | -$55K | $71K | -$124K | -$59K | -$48K | $25K | -$58K | $12K | $14K | -$65K | $2K | $13K | $4K | $32K |
| Inventory | $0 | $0 | $0 | $0 | -$100K | $110K | $21K | $311 | $1K | $8K | -$5K | $53K | $393K | -$7K | $0 |
| Accounts Payable | $55K | $70K | $27K | -$102K | $3K | $60K | $68K | $27K | -$12K | -$5K | $316K | $36K | $66K | $7K | $0 |
| Other Working Capital | $77K | $39K | $107K | -$62K | $36K | $57K | $28K | $250K | $268K | $319K | $40K | -$14K | $13K | -$2K | $44K |
| Total Working Capital Change | $104K | $54K | $205K | -$288K | -$120K | $179K | $143K | $219K | $269K | $336K | $286K | $76K | $485K | $2K | $77K |
| Other Non-Cash Items | $14K | $80K | $205K | $16K | $25K | $22K | $43K | $39K | $0 | $0 | $31K | $392K | $5K | -$171 | -$16 |
| Net Cash from Operating | $277K | $235K | $208K | -$36K | -$61K | $102K | -$3K | $123K | $32K | -$166K | -$504K | -$590K | $250K | -$105K | -$331K |
| Investing Activities | |||||||||||||||
| Capital Expenditures | $0 | $0 | -$2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | -$5K | $0 | -$5K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | -$2K | -$5K | $9K | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | -$27K | $0 | $0 | $0 | -$1K | -$2K | -$5K | $9K | -$5K |
| Financing Activities | |||||||||||||||
| Debt Repaid | - | - | $19K | $29K | -$16K | -$29K | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $2K | $0 | $0 | $45K | $0 | $256K | $0 | $100K | $1.25M | $0 | $5K | $9K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$12K | $0 | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $12K | $12K | $0 | -$0 | $0 | $0 | $5K | $0 | $0 | $0 | $0 | -$31K | -$7K | $89K | $126K |
| Net Cash from Financing | $0 | $0 | -$19K | -$28K | $16K | $29K | $5K | $0 | $256K | $0 | $100K | $1.22M | -$7K | $90K | $135K |
| Forex Effect | -$8K | $7K | -$2K | -$4K | $26K | -$14K | $54K | -$28K | $28K | -$37K | -$103K | -$13K | $5K | -$2K | -$30 |
| Net Change in Cash | $269K | $241K | $187K | -$68K | -$19K | $116K | $30K | $95K | $316K | -$203K | -$508K | $612K | $243K | -$14K | -$201K |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | $277K | $235K | $208K | -$36K | -$61K | $102K | -$3K | $123K | $32K | -$166K | -$504K | -$590K | $250K | -$105K | -$331K |
| Capital Expenditure | $3 | $0 | -$2 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | -$5K | $0 | -$5K |
| Free Cash Flow | $277K | $235K | $208K | -$36K | -$61K | $102K | -$3K | $123K | $32K | -$166K | -$504K | -$592K | $245K | -$105K | -$336K |
| Cash at Beginning | $1.16M | $917K | $730K | $798K | $817K | $700K | $671K | $583K | $267K | $470K | $978K | $365K | $122K | $136K | $338K |
| Cash at End | $1.43M | $1.16M | $917K | $730K | $798K | $817K | $700K | $677K | $583K | $267K | $470K | $978K | $365K | $122K | $136K |