SKKY
Skkynet Cloud Systems, Inc.0.3750
-0.0010-0.27%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
19.93MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
8-K
8-K
8-K
10-Q
Q3 FY2025 results
Skkynet Cloud Systems posted Q3 FY2025 revenue of $482,682, down 28% y/y from $666,359 but stable YTD at $1,897,446 versus $1,898,701 last year. Operating loss widened to $52,403 from income of $110,085 y/y, driven by fewer software orders offset by rising subscription licenses now at 12% of sales; YTD loss narrowed slightly to $48,859 from $53,632. Net loss to common stockholders hit $18,353, or $(0.00) per diluted share on 53,143,822 shares, versus income of $118,813 last year, with the gap tied to lower revenue and $13,631 bad debt expense. Cash climbed to $1,352,883, fueled by $203,449 operating cash flow. No debt burdens the balance sheet. Revenue relies on resellers for over half. Customer concentration risks persist.
8-K
Board appoints automation expert
Skkynet Cloud Systems appointed Gary Tillery to its board on June 18, 2025, effective immediately, with his term expiring at the next annual stockholder meeting. Tillery, ex-Sr. Director of Strategic Portfolio Partners and M&A at AVEVA, adds 35 years in automation software and system integration. He gets standard non-executive director pay and stock options. This bolsters board expertise for future business planning.