Skkynet Cloud Systems Gross Margin Growth & History (SKKY)
Skkynet Cloud Systems's gross margin was 100.00% for fiscal 2020.
View full Skkynet Cloud Systems company overviewSkkynet Cloud Systems annual gross margin history
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2020 | 2020-10-31 | 100.00% | +1.19 pp |
| 2019 | 2019-10-31 | 98.81% | −12.77 pp |
| 2018 | 2018-10-31 | 111.58% | +13.99 pp |
| 2017 | 2017-10-31 | 97.59% | −0.42 pp |
| 2016 | 2016-10-31 | 98.01% | +0.62 pp |
| 2015 | 2015-10-31 | 97.39% | −2.33 pp |
| 2014 | 2014-10-31 | 99.72% | +0.71 pp |
| 2013 | 2013-10-31 | 99.01% | −0.32 pp |
| 2012 | 2012-10-31 | 99.33% | −0.24 pp |
| 2011 | 2011-10-31 | 99.58% | — |
Skkynet Cloud Systems quarterly gross margin
Q3.14
Q1.15
Q3.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q3.20
Q3.21
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2021 | 2021-07-31 | 100.00% | 0.00 pp |
| Q3 2020 | 2020-07-31 | 100.00% | +0.08 pp |
| Q4 2019 | 2019-10-31 | 81.98% | −84.31 pp |
| Q3 2019 | 2019-07-31 | 99.92% | −0.08 pp |
| Q2 2019 | 2019-04-30 | 108.34% | +11.79 pp |
| Q1 2019 | 2019-01-31 | 109.12% | +12.62 pp |
| Q4 2018 | 2018-10-31 | 166.28% | +67.58 pp |
| Q3 2018 | 2018-07-31 | 100.00% | +0.12 pp |
| Q2 2018 | 2018-04-30 | 96.55% | +1.13 pp |
| Q1 2018 | 2018-01-31 | 96.50% | +0.16 pp |
| Q4 2017 | 2017-10-31 | 98.70% | +5.40 pp |
| Q3 2017 | 2017-07-31 | 99.88% | +0.78 pp |
| Q2 2017 | 2017-04-30 | 95.42% | −2.41 pp |
| Q1 2017 | 2017-01-31 | 96.34% | −2.75 pp |
| Q4 2016 | 2016-10-31 | 93.31% | — |
| Q3 2016 | 2016-07-31 | 99.09% | −0.74 pp |
| Q2 2016 | 2016-04-30 | 97.83% | — |
| Q1 2016 | 2016-01-31 | 99.09% | +0.25 pp |
| Q3 2015 | 2015-07-31 | 99.83% | +0.36 pp |
| Q1 2015 | 2015-01-31 | 98.84% | — |
| Q3 2014 | 2014-07-31 | 99.47% | — |
Skkynet Cloud Systems gross margin trends
Over the last five fiscal years, Skkynet Cloud Systems's gross margin increased from 97.39% to 100.00%, a change of +2.61 percentage points. The latest reported quarter, Q3 2021, shows 100.00%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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