Skkynet Cloud Systems Past Earnings Performance

Past criteria checks 3/6

Skkynet Cloud Systems has been growing earnings at an average annual rate of 39.3%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 13.3% per year. Skkynet Cloud Systems's return on equity is 5.9%, and it has net margins of 1.3%.

Key information

39.3%

Earnings growth rate

39.6%

EPS growth rate

Software Industry Growth	17.3%
Revenue growth rate	13.3%
Return on equity	5.9%
Net Margin	1.3%
Last Earnings Update	31 Jul 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Skkynet Cloud Systems makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:SKKY Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Jul 24	3	0	1
30 Apr 24	2	0	1
31 Jan 24	3	0	1
31 Oct 23	2	0	1
31 Jul 23	2	0	1
30 Apr 23	2	0	2
31 Jan 23	2	0	2
31 Oct 22	2	0	1
31 Jul 22	2	0	1
30 Apr 22	2	0	1
31 Jan 22	2	0	1
31 Oct 21	2	0	1
31 Jul 21	2	0	1
30 Apr 21	2	0	1
31 Jan 21	2	0	1
31 Oct 20	2	0	1
31 Jul 20	2	0	2
30 Apr 20	2	0	2
31 Jan 20	2	0	2
31 Oct 19	1	-1	2
31 Jul 19	1	0	2
30 Apr 19	1	0	2
31 Jan 19	1	0	2
31 Oct 18	1	0	2
31 Jul 18	1	-1	2
30 Apr 18	1	-1	2
31 Jan 18	1	-1	2
31 Oct 17	1	-1	2
31 Jul 17	1	-1	2
30 Apr 17	1	-1	2
31 Jan 17	1	-1	2
31 Oct 16	1	-1	2
31 Jul 16	1	-1	2
30 Apr 16	1	-1	2
31 Jan 16	1	-1	2
31 Oct 15	1	-1	3
31 Jul 15	1	-2	3
30 Apr 15	1	-2	3
31 Jan 15	1	-2	2
31 Oct 14	1	-1	2
31 Jul 14	1	-1	2
30 Apr 14	1	0	1
31 Jan 14	1	0	1

Quality Earnings: SKKY has high quality earnings.

Growing Profit Margin: SKKY became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SKKY has become profitable over the past 5 years, growing earnings by 39.3% per year.

Accelerating Growth: SKKY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SKKY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (27.6%).

Return on Equity

High ROE: SKKY's Return on Equity (5.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 01:46
End of Day Share Price	2024/12/23 00:00
Earnings	2024/07/31
Annual Earnings	2023/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Skkynet Cloud Systems, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution