Skkynet Cloud Systems, Inc.
Skkynet Cloud Systems, Inc. (SKKY) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Skkynet Cloud Systems, Inc. (SKKY), covering cash flow, earnings, and balance sheets.
Skkynet Cloud Systems, Inc. (SKKY) Income Statement & Financial Overview
View the income breakdown for Skkynet Cloud Systems, Inc. SKKY across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $828052.00 | $663044.00 | $666359.00 | $601806.00 |
| Cost of Revenue | $580.00 | $0.00 | $424279.00 | $607.00 |
| Gross Profit | $827472.00 | $663044.00 | $242080.00 | $601198.00 |
| Gross Profit Ratio | $1.00 | $1.00 | $0.36 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $629235.00 | $550111.00 | $555671.00 | $803381.00 |
| Operating Expenses | $629815.00 | $550715.00 | $556274.00 | $803381.00 |
| Total Costs & Expenses | $629815.00 | $550715.00 | $556274.00 | $803988.00 |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $0.00 | $604.00 | $603.00 | $607.00 |
| EBITDA | $198237.00 | $112933.00 | $110688.00 | -$201575.00 |
| EBITDA Ratio | $0.24 | $0.17 | $0.17 | -$0.33 |
| Operating Income | $198237.00 | $112329.00 | $110085.00 | -$202180.00 |
| Operating Income Ratio | $0.24 | $0.17 | $0.17 | -$0.34 |
| Other Income/Expenses (Net) | $30826.00 | $12308.00 | $11633.00 | $7296.00 |
| Income Before Tax | $229063.00 | $124637.00 | $121718.00 | -$194886.00 |
| Income Before Tax Ratio | $0.28 | $0.19 | $0.18 | -$0.32 |
| Income Tax Expense | $0.00 | $2146.00 | $0.00 | -$28383.00 |
| Net Income | $229063.00 | $122491.00 | $121718.00 | -$166503.00 |
| Net Income Ratio | $0.28 | $0.18 | $0.18 | -$0.28 |
| EPS | $0.004 | $0.001 | $0.002 | -$0.003 |
| Diluted EPS | $0.004 | $0.001 | $0.002 | -$0.003 |
| Weighted Avg Shares Outstanding | $53.14M | $53.14M | $53.14M | $53.14M |
| Weighted Avg Shares Outstanding (Diluted) | $61.76M | $61.22M | $61.22M | $53.14M |
Financial performance has remained strong, with revenue growing from $601806.00 in Q2 2024 to $828052.00 in Q1 2025. Gross profit continued to perform well, with margins at 100% in the latest quarter. Operating income reached $198237.00 in Q1 2025, holding a steady 24% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $198237.00. Net income rose to $229063.00, keeping EPS at $0.004. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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