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Skkynet Cloud Systems Inc

skkynet.com

What Do They Do?

Provides industrial software and related systems that collect and distribute real-time data across networks, enabling industrial and financial-services customers to monitor and control processes.

How Do They Make Money?

Most revenue comes from software licenses, which generate sales when the software and installation code are delivered. Maintenance support and cloud or subscription services generate revenue over their service periods, typically monthly for cloud and subscription services.

revenue
SegmentShareRevenue
Software sales
66%
Support sales
Recurring

32%
Other sales
2.1%

Who Are Their Customers?

Serves industrial and financial-services end users across many industries, selling directly and through resellers; distributors may also provide customer support.

Customers above 10% of revenue, FY2025
of revenue from one customer
FY2024: 25% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 1 cent of every revenue dollar as net income in FY2025.

Operating income, FY2025
0% of revenue
▼ Now a loss vs FY2024 ($58.7K, 2%)
Net income, FY2025
1% of revenue
▼ −64% vs FY2024 ($99.1K, 4%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Jul 31, 2026
Revenue
▲ +16%
vs $482.7K in Q3 FY2025
Net income
▲ +9% (Loss)
vs −$15.4K in Q3 FY2025

Broader data sharing The products' stated use expands from remote monitoring and control to securely sharing operations data with suppliers and contract manufacturers, including for artificial-intelligence applications.

Revenue over time
Software sales Support sales Other sales
$5M$2.5M$0

Who Do They Compete With?

Competes with Siemens, ABB, Emerson Process Management, Rockwell Automation, Honeywell Process Solutions, Schneider Electric, GE Invensys, and PTC

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