Skkynet Cloud Systems Gross Profit Growth & History (SKKY)

Skkynet Cloud Systems's gross profit was $1.5M for fiscal 2020.

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Skkynet Cloud Systems annual gross profit history

Skkynet Cloud Systems annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20202020-10-31$1.5M$155,708+11.52%
20192019-10-31$1.4M−$64,270−4.54%
20182018-10-31$1.4M$111,429+8.54%
20172017-10-31$1.3M$155,072+13.50%
20162016-10-31$1.1M−$40,705−3.42%
20152015-10-31$1.2M$275,404+30.12%
20142014-10-31$914,291$138,277+17.82%
20132013-10-31$776,014$47,476+6.52%
20122012-10-31$728,538$12,751+1.78%
20112011-10-31$715,787

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.

About the metric

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.

Calculation and source

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.

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