SKKY
Skkynet Cloud Systems, Inc.0.3750
-0.0010-0.27%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
19.93MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-K
FY2025 results
Skkynet Cloud Systems posted FY2025 revenue of $2,550,951, down slightly from $2,561,745 in FY2024 due to a strategic shift from perpetual licenses ($2,186,556) to subscriptions that surged 268% to $364,395, building deferred revenue to $347,686 for future recognition. This mix change flipped operations to a slim $6,488 loss from $58,697 profit, yet net income held at $35,351 after tax refunds and other income. Subscription momentum signals recurring strength. Cash swelled to $1,427,321, funding $276,827 in operating cash flow. No capex or buybacks noted. Pandemics could disrupt client access.
8-K
C$2.6M AI project funded
Skkynet Cloud Systems announced a C$2.6 million (US$1.9 million) Industrial AI project on December 18, 2025, fueled by a C$1.04 million (US$0.75 million) interest-free loan from FedDev Ontario, repayable post-completion. The initiative upgrades the Cogent DataHub platform for secure real-time AI in industrial ops. Funding expands the engineering team. Risks may alter outcomes.
8-K
Tillery named Skkynet CEO
Skkynet Cloud Systems appointed Gary Tillery as CEO effective December 8, 2025, elevating the board director since June 2025 with 35 years in industrial software, M&A, and digital transformation from AVEVA. Tillery will drive expansion into Industry 4.0 and Industrial AI markets. Paul Thomas stays as President. Leadership shift sharpens growth focus.
8-K
Tedstone joins Skkynet Board
Skkynet Cloud Systems appointed Lee Tedstone, CEO of industrial AI firm Kobai, to its Board on December 2, 2025, effective immediately until the next annual meeting. A veteran leader from AVEVA with expertise in scaling tech businesses across energy and manufacturing, he bolsters go-to-market and growth strategies. Tedstone joins as Skkynet eyes industrial data expansion. Risks may alter forward-looking growth plans.
8-K
Mesrobian named Chairman
Skkynet Cloud Systems appointed Xavier Mesrobian as Chairman of the Board on November 21, 2025, effective immediately until the next annual stockholder meeting. A director since November 2024 and former VP of Sales & Marketing, Mesrobian will steer strategic growth in real-time industrial data solutions. Board backs his vision. Forward-looking statements note risks.