Skkynet Cloud Systems, Inc. - SKKY

SKKY Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
SKKY	-12.1	0.3	25.6	50.4	50.4	160.7	162.4	-9.1	-9.1	-9.1
S&P 500	0.4	-0.6	1.4	2.2	15.7	22.3	35.2	81.2	194.9	34223.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	SKKY
name	Skkynet Cloud Systems, Inc.
price	0.782
changes percentage	-12.125
change	-0.1079
day low	0.782
day high	0.8899
year high	1.45
year low	0.15
market cap	41558452
price avg 50	0.73368
price avg 200	0.559635
exchange	PNK
volume	500
avg volume	6576
open	0.8899
previous close	0.8899
eps	0
pe	None
earnings announcement	2025-03-11T20:00:00.000+0000
shares outstanding	53143800
timestamp	2025-02-05 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 51.3%

Overall Quarterly Financial Health: 68.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0001546853
revenue	2561745	2374216	7.90
gross profit	2561745	1132800	126.14
gross profit ratio	1	0.48	109.59
research and development expenses	0	0	NaN
operating expenses	2503048	2492159	0.44
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	58697	-115496	150.82
ebitdaratio	0.02	-0.05	147.10
operating income	58697	-117943	149.77
operating income ratio	0.02	-0.05	146.12
net income	99090	-97872	201.24
net income ratio	0.04	-0.04	193.83
eps	0.0	-0.0	200.00

Overall Score of Annual Income Statement

0.83 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 3 million in 2024 from 2 million in 2023 representing a change of 7.9%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 3 million in 2024 from 1 million in 2023 representing a change of 126.14%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 0 million in 2024 from 0 million in 2023 representing a change of 150.82%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 0 million in 2024 from 0 million in 2023 representing a change of 149.77%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 0 million in 2024 from 0 million in 2023 representing a change of 201.24%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3 million in 2024 from 2 million in 2023 representing a change of 0.44%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q3	Q/Q change %
0001546853
revenue	663044	666359	-0.50
gross profit	663044	242080	173.89
gross profit ratio	1	0.36	175.26
research and development expenses	0	0	NaN
operating expenses	550715	556274	-1.00
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	112933	110688	2.03
ebitdaratio	0.17	0.17	2.54
operating income	112329	110085	2.04
operating income ratio	0.17	0.17	2.55
net income	122491	121718	0.64
net income ratio	0.18	0.18	1.14
eps	0.0	0.0	4.55

Overall Score of Quarterly Income Statement

0.83 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 1 million in 2024Q4 from 1 million in 2024Q3 representing a change of -0.5%. This indicates a sales shrinking, which is a negative sign for the company.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 1 million in 2024Q4 from 0 million in 2024Q3 representing a change of 173.89%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 1 million in 2024Q4 from 1 million in 2024Q3 representing a change of -1.0%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of 2.03%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of 2.04%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of 0.64%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0001546853
total assets	1549486	1256545	23.31
total liabilities	659956	540905	22.01
total equity	889530	715640	24.30
cash and cash equivalents	1158255	916780	26.34
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	1547330	1251991	23.59
total non current assets	2156	4554	-52.66
total current liabilities	659956	540905	22.01
total non current liabilities	0	0	NaN
common stock	53145	53145	0.00
retained earnings	-6471307	-6558777	1.33
total debt	0	0	NaN

Overall Score of Annual Balance Sheet

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 2 million in 2024 from 1 million in 2023 representing a change of 23.31%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 1 million in 2024 from 1 million in 2023 representing a change of 24.3%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 1 million in 2024 from 1 million in 2023 representing a change of 26.34%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 2 million in 2024 from 1 million in 2023 representing a change of 23.59%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to -6 million in 2024 from -7 million in 2023 representing a change of 1.33%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1 million in 2024 from 1 million in 2023 representing a change of 22.01%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2024 from 1 million in 2023 representing a change of 22.01%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q3	Q/Q change %
0001546853
total assets	1549486	1370597	13.05
total liabilities	659956	616450	7.06
total equity	889530	754147	17.95
cash and cash equivalents	1158255	1127206	2.75
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	1547330	1367832	13.12
total non current assets	2156	2765	-22.03
total current liabilities	659956	616450	7.06
total non current liabilities	0	0	NaN
common stock	53145	53145	0.00
retained earnings	-6471307	-6590893	1.81
total debt	0	0	NaN

Overall Score of Quarterly Balance Sheet

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 2 million in 2024Q4 from 1 million in 2024Q3 representing a change of 13.05%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 1 million in 2024Q4 from 1 million in 2024Q3 representing a change of 17.95%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 1 million in 2024Q4 from 1 million in 2024Q3 representing a change of 2.75%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 2 million in 2024Q4 from 1 million in 2024Q3 representing a change of 13.12%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to -6 million in 2024Q4 from -7 million in 2024Q3 representing a change of 1.81%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1 million in 2024Q4 from 1 million in 2024Q3 representing a change of 7.06%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2024Q4 from 1 million in 2024Q3 representing a change of 7.06%. This indicates a higher short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0001546853
net change in cash	241475	186844	29.24
operating cash flow	234638	207822	12.90
free cash flow	234638	207822	12.90
capital expenditure	0	-2.0	100.00
depreciation and amortization	2425	2447	-0.90
deferred income tax	0	-204570	100.00
stock based compensation	79556	98677	-19.38
accounts payables	69764	26668	161.60
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	-2.0	100.00
net cash used for investing activites	0	0	NaN
debt repayment	0	-19106	100.00
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-11620	0	NaN
net cash used provided by financing activities	0	-19106	100.00
cash at end of period	1158255	916780	26.34
accounts receivables	-55225	71236	-177.52
cash at beginning of period	916780	729936	25.60

Overall Score of Annual Cashflow Statement

None

Detailed Analysis

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q3	Q/Q change %
0001546853
operating cash flow	35136	92015	-61.81
free cash flow	35136	92015	-61.81
capital expenditure	0	0	NaN
depreciation and amortization	604	603	0.17
deferred income tax	0	0	NaN
stock based compensation	19889	19889	0.00
accounts receivables	-133438	50741	-362.98
accounts payables	10201	-92616	111.01
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	0	-2905	100.00
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	-11620	100.00
net cash used provided by financing activities	0	0	NaN
net change in cash	31049	92234	-66.34
cash at end of period	1158255	1127206	2.75
cash at beginning of period	1127206	1034972	8.91

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of -66.34%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of -61.81%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of -61.81%. This indicates a decrease in cash generated after accounting for capital expenditures.

• 📈 Positive Indicators

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of 111.01%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of -362.98%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to 0 million in 2024Q4 from 0 million in 2024Q3 representing a change of 100.0%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-10-31	2023-10-31	Y/Y change %
FY
calendar year	2024	2023	NaN
revenue per share	0.05	0.04	7.90
net income per share	0.0	-0.0	201.24
operating cash flow per share	0.0	0.0	12.90
free cash flow per share	0.0	0.0	12.90
cash per share	0.02	0.02	26.34
book value per share	0.02	0.01	24.30
tangible book value per share	0.02	0.01	24.30
shareholders equity per share	0.02	0.01	24.30
interest debt per share	0	0	NaN
market cap	26997061.58	16745618.31	61.22
enterprise value	25838806.58	15828838.31	63.24
pe ratio	272.45	-171.1	259.24
price to sales ratio	10.54	7.05	49.42
pocfratio	115.06	80.58	42.79
pfcf ratio	115.06	80.58	42.79
pb ratio	30.35	23.4	29.70
ptb ratio	30.35	23.4	29.70
ev to sales	10.09	6.67	51.29
enterprise value over ebitda	440.21	-137.05	421.20
ev to operating cash flow	110.12	76.17	44.58
ev to free cash flow	110.12	76.17	44.58
earnings yield	0.0	-0.01	162.80
free cash flow yield	0.01	0.01	-29.97
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	-19.73	7.94	-348.59
current ratio	2.34	2.31	1.29
interest coverage	0	0	NaN
income quality	2.37	-2.12	211.52
dividend yield	0.0	0	NaN
payout ratio	0.12	0	NaN
sales general and administrative to revenue	0.26	0.87	-70.19
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0.0	-100.00
capex to revenue	0	0.0	-100.00
capex to depreciation	0	0.0	-100.00
stock based compensation to revenue	0.03	0.04	-25.28
graham number	0.03	0.02	12.18
roic	0.09	-0.13	170.99
return on tangible assets	0.06	-0.08	182.10
graham net net	0.01	0.01	26.32
working capital	887374	711086	24.79
tangible asset value	889530	715640	24.30
net current asset value	887374	711086	24.79
invested capital	889530	715640	24.30
average receivables	336215	346608.5	-3.00
average payables	119752	71536	67.40
average inventory	0	0	NaN
days sales outstanding	51.5	47.8	7.74
days payables outstanding	0	24.95	-100.00
days of inventory on hand	0	0	NaN
receivables turnover	7.09	7.64	-7.18
payables turnover	0	14.63	-100.00
inventory turnover	0	0	NaN
roe	0.11	-0.14	181.45
capex per share	0	0.0	-100.00

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 272.45 on 2024-10-31 from -171.10 on 2023-10-31, representing a change of 259.24%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 2.34 on 2024-10-31 from 2.31 on 2023-10-31, representing a change of 1.29%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-10-31 Q4	2024-07-31 Q3	Q/Q change %
SKKY
calendar year	2024	2024	NaN
revenue per share	0.01	0.01	-0.50
net income per share	0.0	0.0	0.64
operating cash flow per share	0.0	0.0	-61.81
free cash flow per share	0.0	0.0	-61.81
cash per share	0.02	0.02	2.75
book value per share	0.02	0.01	17.95
tangible book value per share	0.02	0.01	17.95
shareholders equity per share	0.02	0.01	17.95
interest debt per share	0	0	NaN
market cap	26997061.58	28591376.24	-5.58
enterprise value	25838806.58	27464170.24	-5.92
pe ratio	55.1	58.72	-6.17
price to sales ratio	40.72	42.91	-5.10
pocfratio	768.36	310.73	147.28
pfcf ratio	768.36	310.73	147.28
pb ratio	30.35	37.91	-19.95
ptb ratio	30.35	37.91	-19.95
ev to sales	38.97	41.22	-5.45
enterprise value over ebitda	228.8	248.12	-7.79
ev to operating cash flow	735.39	298.47	146.38
ev to free cash flow	735.39	298.47	146.38
earnings yield	0.0	0.0	6.58
free cash flow yield	0.0	0.0	-59.56
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	-10.26	-10.18	-0.71
current ratio	2.34	2.22	5.67
interest coverage	0	0	NaN
income quality	0.29	0.76	-62.06
dividend yield	0	0.0	-100.00
payout ratio	0	0.1	-100.00
sales general and administrative to revenue	0.71	0.83	-14.60
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0.03	0.03	0.50
graham number	0.03	0.03	8.95
roic	0.12	0.15	-14.98
return on tangible assets	0.08	0.09	-10.98
graham net net	0.01	0.01	12.85
working capital	887374	751382	18.10
tangible asset value	889530	754147	17.95
net current asset value	887374	751382	18.10
invested capital	889530	754145	17.95
average receivables	294761	253412.5	16.32
average payables	149533.5	151018	-0.98
average inventory	0	0	NaN
days sales outstanding	49.07	30.8	59.31
days payables outstanding	0	30.64	-100.00
days of inventory on hand	0	0	NaN
receivables turnover	1.83	2.92	-37.23
payables turnover	0	2.94	-100.00
inventory turnover	0	0	NaN
roe	0.14	0.16	-14.68
capex per share	0	0	NaN

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 55.10 on 2024-10-31 Q4 from 58.72 on 2024-07-31 Q3, representing a change of -6.17%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 2.34 on 2024-10-31 Q4 from 2.22 on 2024-07-31 Q3, representing a change of 5.67%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Negative Sentiment: Discounted Cash Flow value is 0.11 which is lower than current price 0.78, indicates the company may be overvalued.