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SKKYNET CLOUD SYSTEMS INC (SKKY) Financials

SKKY
Trailing 12 months to April 30, 2026
Revenue $2.3M -16.4% YoY
Net Income -$302K -222.9% YoY
EPS (Diluted) $0.00 YoY not available
Operating Cash Flow -$104K -145.8% YoY
Market Cap $21.9M as of Sep 11, 2026
Price / Sales 9.5x on $2.3M revenue, trailing 12 months to April 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to April 30, 2026
Price / Book 26.1x on $837K equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Apr 30, 2026 Reported Currency USD FYE October

Newest figures come from the 10-Q for Q2 FY2026, filed Jun 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SKKY SEC filings page.

SKKYNET CLOUD SYSTEMS INC (SKKY) reported $2.3M in revenue over the twelve months to Apr 30, 2026, down 16.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SKKY FY2025

Operating cash flow is strengthening even as flat revenue and a larger asset base make profitability less efficient.

Operating cash flow rose from $208K in FY2023 to $277K in FY2025 while net income moved from a loss to a modest profit. That repeated cash-versus-earnings divergence means reported earnings are a poor standalone proxy for cash generation, with working-capital movements, non-cash charges, or other reconciliation items carrying substantial weight.

Revenue was essentially flat between FY2024 and FY2025, yet assets climbed from $1.5M to $1.8M, making the balance sheet expand faster than the sales base. ROA fell from 6.4% to 1.9%, indicating that additional capital was not producing a proportionate increase in operating scale.

FY2025 operating margin slipped to -0.3% from 2.3% in FY2024, so the prior year's operating profit did not yet establish a stable margin pattern. Net margin nevertheless stayed positive at 1.4%, while the 2.3x current ratio suggests reported short-term coverage remained stronger than operating profitability.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

SKKYNET CLOUD SYSTEMS INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Safe
13.46

SKKYNET CLOUD SYSTEMS INC scores 13.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($21.9M) relative to total liabilities ($803K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
4/7

SKKYNET CLOUD SYSTEMS INC passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
7.83x

For every $1 of reported earnings, SKKYNET CLOUD SYSTEMS INC generates $7.83 in operating cash flow ($277K OCF vs $35K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
N/A

SKKYNET CLOUD SYSTEMS INC reported an operating loss of $6K against $14K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$606K
YoY+3.5%
QoQ+10.3%
5Y CAGR+6.2%
10Y CAGR+7.8%

SKKYNET CLOUD SYSTEMS INC generated $606K in revenue in Q2 2026. This represents an increase of 3.5% from the same quarter a year earlier. Against the prior quarter it is up 10.3%.

EBITDA
-$270K
YoY-39.0%
QoQ-24.3%

SKKYNET CLOUD SYSTEMS INC's EBITDA was -$270K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 39.0% from the same quarter a year earlier. Against the prior quarter it is down 24.3%.

Net Income
-$109K
YoY+52.0%
QoQ+51.7%

SKKYNET CLOUD SYSTEMS INC reported -$109K in net income in Q2 2026. This represents an increase of 52.0% from the same quarter a year earlier. Against the prior quarter it is up 51.7%.

EPS (Diluted)
$0.00

SKKYNET CLOUD SYSTEMS INC earned $0.00 per diluted share (EPS) in Q2 2026.

Cash & Balance Sheet

Cash & Debt
$1.3M
YoY+7.2%
QoQ-3.7%
5Y CAGR+18.4%
10Y CAGR+13.6%

SKKYNET CLOUD SYSTEMS INC held $1.3M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
53M
YoY0.0%
QoQ0.0%
5Y CAGR+0.6%
10Y CAGR+0.4%

SKKYNET CLOUD SYSTEMS INC had 53M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin
-44.5%
YoY-11.3pp
QoQ-5.0pp
5Y change-51.7pp

SKKYNET CLOUD SYSTEMS INC's operating margin was -44.5% in Q2 2026, reflecting core business profitability. This is down 11.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.0 percentage points.

Net Margin
-18.1%
YoY+20.8pp
QoQ+23.2pp
5Y change-20.0pp

SKKYNET CLOUD SYSTEMS INC's net profit margin was -18.1% in Q2 2026, showing the share of revenue converted to profit. This is up 20.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 23.2 percentage points.

Return on Equity
-13.1%
QoQ+13.0pp

SKKYNET CLOUD SYSTEMS INC's ROE was -13.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is up 13.0 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

SKKY Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SKKY quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$606K+3.5%$549K-33.7%$655K-1.3%$483K-27.6%$586K-2.7%$828K+31.3%$663K+5.8%$666K+5.8%
SG&A Expenses$107K-21.6%$273K+38.8%$235K+84.5%$126K+15.3%$136K-39.9%$197K-29.6%$128K+229.2%$110K+2.6%
Operating Income-$270K-38.6%-$217K-209.6%$42K-62.3%-$52K-147.6%-$195K+3.7%$198K+416.8%$112K+66.5%$110K+67.1%
EBITDA-$270K-39.0%-$217K-209.3%$43K-62.4%-$52K-146.8%-$194K+3.7%$199K+410.2%$113K+65.9%$111K+66.4%
Income Tax-$150K-12208.1%$4K$3K+16.4%-$29K$1K+104.4%$0$2K+103.8%$0
Net Income-$109K+52.0%-$227K-198.9%$49K-59.6%-$15K-112.7%-$228K-36.8%$229K+971.2%$122K+81.4%$122K+85.5%
EPS (Basic)N/A$0.00$0.00$0.00N/A$0.00$0.00$0.00
EPS (Diluted)$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Diluted Shares (Avg)53M0.0%53M-13.9%N/A53M-13.2%53M0.0%62M+0.9%N/A61M+2.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.

SKKY Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SKKY quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$1.9M+14.7%$1.8M-3.6%$1.8M+18.2%$1.6M+17.9%$1.7M+27.3%$1.8M+40.7%$1.5M+23.3%$1.4M+13.9%
Current Assets$1.9M+14.7%$1.8M-3.6%$1.8M+18.3%$1.6M+18.1%$1.7M+27.6%$1.8M+41.0%$1.5M+23.6%$1.4M+14.2%
Cash & Equivalents$1.3M+7.2%$1.4M+6.1%$1.4M+23.2%$1.4M+20.0%$1.2M+20.7%$1.3M+42.1%$1.2M+26.3%$1.1M+31.3%
Short-Term Investments$0$0$0$0$0$0$0$0
Accounts Receivable$580K+37.7%$366K-28.7%$377K+4.2%$230K+1.0%$421K+51.0%$513K+39.6%$361K+18.0%$228K-29.6%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$1.1M-36.0%$912K+29.3%$803K+21.7%$669K+8.5%$1.7M+141.7%$705K+27.3%$660K+22.0%$616K-0.6%
Current Liabilities$933K+23.0%$912K+29.3%$803K+21.7%$669K+8.5%$759K+6.7%$705K+27.3%$660K+22.0%$616K-0.6%
Non-Current Liabilities$167K-82.6%$0$0$0$961K$0$0$0
Total Equity$837K+2857.8%$869K-24.0%$1.0M+15.5%$947K+25.6%-$30K-104.9%$1.1M+50.5%$890K+24.3%$754K+29.2%
Retained Earnings-$6.8M-4.8%-$6.7M-6.9%-$6.4M+0.4%-$6.5M+1.5%-$6.5M+3.5%-$6.2M+4.5%-$6.5M+1.3%-$6.6M+0.5%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

SKKY Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SKKY quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$238K-319.8%-$43K-127.1%$73K+108.8%$103K+11.8%-$57K-152.7%$157K+1310666.7%$35K-48.7%$92K-3.6%
Depreciation & Amortization$0-100.0%$0-100.0%$170-71.9%$600-0.5%$581-4.3%$580-5.1%$604-0.7%$603-2.4%
Stock-Based CompensationN/A$64K+100.7%N/A$35K+73.5%$23K+13.3%$32K+61.4%N/A$20K+56.9%
Financing Cash FlowN/AN/AN/AN/AN/AN/A$0$0+100.0%
Dividends Paid$3K$122K$9K0.0%$0N/AN/A$9K$0

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Share Buybacks.

SKKY Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SKKY quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Margin-44.5%-11.3pp-39.5%-63.5pp6.5%-10.5pp-10.9%-27.4pp-33.2%+0.4pp23.9%+17.9pp17.0%+6.2pp16.5%+6.1pp
Net Margin-18.1%+20.8pp-41.2%-68.9pp7.6%-10.9pp-3.2%-21.5pp-38.9%-11.2pp27.7%+24.3pp18.5%+7.7pp18.3%+7.9pp
Return on Equity-13.1%-26.1%-46.1pp4.8%-9.0pp-1.6%-17.8ppN/A20.0%+17.2pp13.8%+4.3pp16.1%+4.9pp
Return on Assets-5.7%+7.8pp-12.7%-25.1pp2.7%-5.2pp-1.0%-9.8pp-13.5%-0.9pp12.4%+10.8pp7.9%+2.5pp8.9%+3.4pp
Current Ratio2.08-0.1x1.95-0.7x2.28-0.1x2.42+0.2x2.22+0.4x2.62+0.3x2.340.0x2.22+0.3x
Debt-to-Equity1.311.05+0.4x0.780.0x0.71-0.1xN/A0.62-0.1x0.740.0x0.82-0.2x
Asset Turnover0.310.0x0.31-0.1x0.36-0.1x0.30-0.2x0.35-0.1x0.450.0x0.43-0.1x0.490.0x

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
SKKYNET CLOUD SYSTEMS INC SKKY FY2025 $2.6M $35K 1.4% $21.9M
ALL THINGS MOBILE ANLYTIC ATMH FY2013 N/A -$72K N/A $2.8M

Frequently Asked Questions

What is SKKYNET CLOUD SYSTEMS INC's annual revenue?

SKKYNET CLOUD SYSTEMS INC (SKKY) reported $2.6M in total revenue for fiscal year 2025. This represents a -0.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SKKYNET CLOUD SYSTEMS INC's revenue growing?

SKKYNET CLOUD SYSTEMS INC (SKKY) revenue declined by 0.4% year-over-year, from $2.6M to $2.6M in fiscal year 2025.

Is SKKYNET CLOUD SYSTEMS INC profitable?

Yes, SKKYNET CLOUD SYSTEMS INC (SKKY) reported a net income of $35K in fiscal year 2025, with a net profit margin of 1.4%.

SKKYNET CLOUD SYSTEMS INC (SKKY) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SKKYNET CLOUD SYSTEMS INC (SKKY) had EBITDA of -$5K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

SKKYNET CLOUD SYSTEMS INC (SKKY) had an operating margin of -0.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

SKKYNET CLOUD SYSTEMS INC (SKKY) had a net profit margin of 1.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

SKKYNET CLOUD SYSTEMS INC (SKKY) has a return on equity of 3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

SKKYNET CLOUD SYSTEMS INC (SKKY) generated $277K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

SKKYNET CLOUD SYSTEMS INC (SKKY) had $1.8M in total assets as of fiscal year 2025, including both current and long-term assets.

SKKYNET CLOUD SYSTEMS INC (SKKY) had 53M shares outstanding as of fiscal year 2025.

SKKYNET CLOUD SYSTEMS INC (SKKY) had a current ratio of 2.28 as of fiscal year 2025, which is generally considered healthy.

SKKYNET CLOUD SYSTEMS INC (SKKY) had a debt-to-equity ratio of 0.78 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

SKKYNET CLOUD SYSTEMS INC (SKKY) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

SKKYNET CLOUD SYSTEMS INC (SKKY) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to April 30, 2026). The market capitalization is $21.9M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SKKYNET CLOUD SYSTEMS INC (SKKY) trades at 9.5x sales, its market capitalization divided by revenue of $2.3M revenue, trailing 12 months to April 30, 2026. The market capitalization is $21.9M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SKKYNET CLOUD SYSTEMS INC (SKKY) has an Altman Z-Score of 13.46, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

SKKYNET CLOUD SYSTEMS INC (SKKY) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

SKKYNET CLOUD SYSTEMS INC (SKKY) has an earnings quality ratio of 7.83x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

SKKYNET CLOUD SYSTEMS INC (SKKY) reported an operating loss of $6K against $14K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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