Financial Snapshot

Revenue
$2.525M
TTM
Gross Margin
96.86%
TTM
Net Earnings
$38.33K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
221.89%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$754.1K
Q3 2024
Cash
Q3 2024
P/E
1.217K
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $2.374M $2.157M $1.830M $1.507M $1.367M $1.269M $1.336M $1.172M $1.222M $920.0K $780.0K $730.0K $720.0K $620.0K
YoY Change 10.08% 17.83% 21.47% 10.2% 7.79% -5.07% 13.99% -4.03% 32.78% 17.95% 6.85% 1.39% 16.13%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $2.374M $2.157M $1.830M $1.507M $1.367M $1.269M $1.336M $1.172M $1.222M $920.0K $780.0K $730.0K $720.0K $620.0K
Cost Of Revenue $32.25K $23.32K $31.90K $0.00 $10.00K $0.00 $0.00 $0.00
Gross Profit $1.304M $1.149M $1.190M $910.0K $780.0K $730.0K $720.0K $610.0K
Gross Profit Margin 97.59% 98.01% 97.39% 98.91% 100.0% 100.0% 100.0% 98.39%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $2.490M $2.215M $1.984M $1.897M $1.924M $1.719M $2.054M $2.296M $2.574M $2.010M $1.090M $860.0K $1.100M $610.0K
YoY Change 12.41% 11.65% 4.58% -1.44% 11.92% -16.28% -10.57% -10.79% 28.08% 84.4% 26.74% -21.82% 80.33%
% of Gross Profit 157.49% 199.87% 216.39% 220.88% 139.74% 117.81% 152.78% 100.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.447K $2.563K $2.624K $2.455K $480.00 $500.00 $700.00 $980.00 $38.98K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -4.53% -2.32% 6.88% 411.46% -4.0% -28.57% -28.57% -97.49%
% of Gross Profit 0.05% 0.09% 3.28% 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses $2.492M $2.217M $1.986M $1.899M $1.925M $1.720M $2.054M $2.297M $2.613M $2.010M $1.090M $860.0K $1.100M $620.0K
YoY Change 12.39% 11.64% 4.58% -1.34% 11.91% -16.28% -10.58% -12.09% 30.02% 84.4% 26.74% -21.82% 77.42%
Operating Profit -$117.9K -$60.45K -$155.8K -$392.2K -$750.4K -$1.148M -$1.424M -$1.100M -$310.0K -$130.0K -$380.0K -$10.00K
YoY Change 95.11% -61.19% -60.29% -34.66% -19.33% 29.42% 254.84% 138.46% -65.79% 3700.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense -$6.090K $46.68K -$73.37K $5.100K -$5.580K $15.30K -$26.98K $17.25K $63.05K -$20.00K -$10.00K -$10.00K
YoY Change -113.05% -163.62% -1538.63% -191.4% -136.47% -156.71% -256.41% -72.64% -415.25% 100.0% 0.0%
% of Operating Profit
Other Income/Expense, Net -$9.826K $54.46K -$33.73K $64.90K -$1.330K $620.00 $1.130K $20.00 $1.340K $0.00 $0.00 $0.00 -$30.00K -$10.00K
YoY Change -118.04% -261.48% -151.97% -4979.4% -314.52% -45.13% 5550.0% -98.51% -100.0% 200.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income -$127.8K -$5.985K -$189.5K -$327.3K -$574.9K -$474.6K -$776.2K -$1.131M -$1.390M -$1.100M -$330.0K -$140.0K -$410.0K -$10.00K
YoY Change 2034.82% -96.84% -42.11% -43.06% 21.11% -38.85% -31.38% -18.63% 26.39% 233.33% 135.71% -65.85% 4000.0%
Income Tax -$29.90K -$38.74K -$25.90K -$16.00K -$30.48K -$32.28K -$33.32K -$33.77K -$77.77K -$40.00K -$90.00K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$97.87K $32.76K -$163.6K -$311.3K -$575.9K -$490.8K -$742.9K -$1.097M -$1.312M -$1.060M -$240.0K -$140.0K -$410.0K -$10.00K
YoY Change -398.77% -120.02% -47.46% -45.94% 17.32% -33.93% -32.3% -16.38% 23.82% 341.67% 71.43% -65.85% 4000.0%
Net Earnings / Revenue -4.12% 1.52% -8.94% -20.66% -42.11% -38.69% -55.6% -93.61% -107.44% -115.22% -30.77% -19.18% -56.94% -1.61%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 -$3.172K -$6.036K -$11.20K -$9.563K -$14.55K -$21.57K -$25.84K -$21.24K -$4.865K -$3.769K -$8.311K -$202.70

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $916.8K $729.9K $797.8K $816.8K $700.4K $677.3K $582.7K $266.9K $470.0K $980.0K $370.0K $120.0K $140.0K $340.0K
YoY Change 25.6% -8.51% -2.32% 16.62% 3.41% 16.24% 118.34% -43.22% -52.04% 164.86% 208.33% -14.29% -58.82%
Cash & Equivalents $916.8K $729.9K $797.8K $816.8K $700.4K $677.3K $582.7K $266.9K $470.0K $980.0K $370.0K $120.0K $140.0K $340.0K
Short-Term Investments
Other Short-Term Assets $24.26K $25.73K $19.77K $17.92K $10.69K $7.430K $19.53K $11.49K
YoY Change -5.71% 30.15% 10.32% 67.63% 43.88% -61.96% 69.97%
Inventory $2.320K $2.630K $4.080K $11.08K
Prepaid Expenses
Receivables $311.0K $382.3K $259.7K $200.5K $146.3K $203.1K $147.2K $157.0K $168.5K $90.00K $90.00K $100.0K $110.0K $140.0K
Other Receivables $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 $0.00
Total Short-Term Assets $1.252M $1.138M $1.077M $1.035M $857.4K $890.1K $752.0K $439.4K $649.6K $1.060M $450.0K $220.0K $240.0K $480.0K
YoY Change 10.02% 5.63% 4.06% 20.74% -3.68% 18.36% 71.14% -32.35% -38.72% 135.56% 104.55% -8.33% -50.0%
Property, Plant & Equipment $4.550K $7.060K $26.65K $53.05K $8.470K $6.060K $960.00 $1.310K $1.760K $0.00 $10.00K $0.00 $10.00K $0.00
YoY Change -35.55% -73.51% -49.76% 526.33% 39.77% 531.25% -26.72% -25.57% -100.0% -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $7.220K $6.000K $9.350K $9.100K
YoY Change -100.0% 20.33% -35.83% 2.75%
Total Long-Term Assets $4.560K $7.050K $26.65K $53.05K $8.470K $13.28K $6.950K $10.66K $10.86K $10.00K $10.00K $10.00K $10.00K $0.00
YoY Change -35.32% -73.55% -49.76% 526.33% -36.22% 91.08% -34.8% -1.84% 8.6% 0.0% 0.0% 0.0%
Total Assets $1.257M $1.145M $1.104M $1.088M $865.9K $903.4K $759.0K $450.1K $660.4K $1.070M $460.0K $230.0K $250.0K $480.0K
YoY Change
Accounts Payable $84.87K $58.20K $159.8K $156.7K $96.98K $74.70K $56.65K $59.11K $93.46K $70.00K $90.00K $20.00K $0.00 $10.00K
YoY Change 45.82% -63.59% 2.02% 61.55% 29.83% 31.86% -4.16% -36.75% 33.51% -22.22% 350.0% -100.0%
Accrued Expenses $95.87K $115.5K $238.2K $243.6K $76.82K $84.21K $29.99K $49.98K $24.10K $240.0K $140.0K $320.0K $320.0K $270.0K
YoY Change -16.98% -51.51% -2.23% 217.08% -8.78% 180.79% -40.0% 107.39% -89.96% 71.43% -56.25% 0.0% 18.52%
Deferred Revenue
YoY Change
Short-Term Debt $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 $0.00
YoY Change
Long-Term Debt Due $0.00 $150.0K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $540.9K $455.3K $603.0K $569.0K $285.5K $247.3K $189.8K $203.8K $195.4K $510.0K $290.0K $390.0K $320.0K $280.0K
YoY Change 18.81% -24.49% 5.97% 99.27% 15.46% 30.27% -6.85% 4.29% -61.68% 75.86% -25.64% 21.88% 14.29%
Long-Term Debt $0.00 $19.11K $48.42K $30.03K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $210.0K $130.0K $0.00
YoY Change -100.0% -60.53% 61.24% -100.0% -4.76% 61.54%
Other Long-Term Liabilities $0.00 $19.90K
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $19.11K $48.42K $49.93K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $210.0K $130.0K $0.00
YoY Change -100.0% -60.53% -3.02% -100.0% -4.76% 61.54%
Total Liabilities $540.9K $474.4K $651.4K $618.9K $285.5K $247.3K $189.8K $203.8K $195.4K $510.0K $490.0K $600.0K $450.0K $280.0K
YoY Change 14.02% -27.17% 5.25% 116.76% 15.46% 30.27% -6.85% 4.29% -61.68% 4.08% -18.33% 33.33% 60.71%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 53.14M shares 52.19M shares
Diluted Shares Outstanding 53.14M shares 58.83M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $46.634 Million

About Skkynet Cloud Systems, Inc.

Skkynet Cloud Systems, Inc. engages in the provision of real-time data information systems to the industrial automation and financial trading markets. The company is headquartered in Mississauga, Ontario. The company went IPO on 2013-02-08. The firm is an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products. The company offers DataHub software, including 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. The company serves customers in aerospace, energy and utility, and others.

Industry: Services-Prepackaged Software Peers: Sphere 3D Corp.