Skkynet Cloud Systems Gross Profit Growth & History (SKKY)
Skkynet Cloud Systems's gross profit was $1.5M for fiscal 2020.
View full Skkynet Cloud Systems company overviewSkkynet Cloud Systems annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-10-31 | $1.5M | $155,708 | +11.52% |
| 2019 | 2019-10-31 | $1.4M | −$64,270 | −4.54% |
| 2018 | 2018-10-31 | $1.4M | $111,429 | +8.54% |
| 2017 | 2017-10-31 | $1.3M | $155,072 | +13.50% |
| 2016 | 2016-10-31 | $1.1M | −$40,705 | −3.42% |
| 2015 | 2015-10-31 | $1.2M | $275,404 | +30.12% |
| 2014 | 2014-10-31 | $914,291 | $138,277 | +17.82% |
| 2013 | 2013-10-31 | $776,014 | $47,476 | +6.52% |
| 2012 | 2012-10-31 | $728,538 | $12,751 | +1.78% |
| 2011 | 2011-10-31 | $715,787 | — | — |
Skkynet Cloud Systems quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q3 2021 | 2021-07-31 | $497,375 | $180,457 | +56.94% |
| Q3 2020 | 2020-07-31 | $316,918 | −$20,394 | −6.05% |
| Q4 2019 | 2019-10-31 | $323,026 | −$105,778 | −24.67% |
| Q3 2019 | 2019-07-31 | $337,312 | $17,392 | +5.44% |
| Q2 2019 | 2019-04-30 | $403,908 | $106,619 | +35.86% |
| Q1 2019 | 2019-01-31 | $286,975 | −$82,503 | −22.33% |
| Q4 2018 | 2018-10-31 | $428,804 | $123,582 | +40.49% |
| Q3 2018 | 2018-07-31 | $319,920 | −$42,682 | −11.77% |
| Q2 2018 | 2018-04-30 | $297,289 | −$63,911 | −17.69% |
| Q1 2018 | 2018-01-31 | $369,478 | $94,440 | +34.34% |
| Q4 2017 | 2017-10-31 | $305,222 | $158,922 | +108.63% |
| Q3 2017 | 2017-07-31 | $362,602 | $870 | +0.24% |
| Q2 2017 | 2017-04-30 | $361,200 | $81,974 | +29.36% |
| Q1 2017 | 2017-01-31 | $275,038 | −$86,694 | −23.97% |
| Q4 2016 | 2016-10-31 | $146,300 | — | — |
| Q3 2016 | 2016-07-31 | $361,732 | $54,232 | +17.64% |
| Q2 2016 | 2016-04-30 | $279,226 | — | — |
| Q1 2016 | 2016-01-31 | $361,732 | $132,555 | +57.84% |
| Q3 2015 | 2015-07-31 | $307,500 | $99,038 | +47.51% |
| Q1 2015 | 2015-01-31 | $229,177 | — | — |
| Q3 2014 | 2014-07-31 | $208,462 | — | — |
Skkynet Cloud Systems gross profit trends
Over the last five fiscal years, Skkynet Cloud Systems's gross profit increased from $1.2M to $1.5M, a change of $317,234. The latest reported quarter, Q3 2021, shows $497,375.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Skkynet Cloud Systems source filings ↗