SKKYNET CLOUD SYSTEMS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $2.6M | $2.4M | $2.2M | $1.8M | $1.5M | $1.4M | $1.3M |
| Cost of Revenue | — | — | — | — | — | $0 | $16.2K | $50.9K |
| Gross Profit | — | — | — | — | — | $1.5M | $1.4M | $1.4M |
| Gross Margin | — | — | — | — | — | 100.0% | 98.8% | 111.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $694.7K | $743.3K | $585.6K | $504.0K | $666.9K | $587.9K | $1.9M | $1.7M |
| Operating Income | $-6.5K | $58.7K | $-117.9K | $-60.4K | $-155.8K | $-392.2K | $-557.4K | $-451.4K |
| Operating Margin | -0.3% | 2.3% | -5.0% | -2.8% | -8.5% | -26.0% | -40.8% | -35.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $10.4K | $73.0K | $-127.8K | $-6.0K | $-189.5K | $-327.3K | $-574.9K | $-474.6K |
| Income Tax Expense | $-24.9K | $-26.1K | $-29.9K | $-38.7K | — | — | $30.5K | $32.3K |
| Net Income | $35.4K | $99.1K | $-97.9K | $32.8K | $-163.6K | $-311.3K | $-575.9K | $-490.8K |
| Net Margin | 1.4% | 3.9% | -4.1% | 1.5% | -8.9% | -20.7% | -42.1% | -38.7% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $0.00 | $-0.01 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $0.00 | $-0.01 |
| Shares Outstanding (Basic) | 53.1M | 53.1M | 53.1M | 52.2M | 51.6M | 51.6M | 51.6M | 51.4M |
| Shares Outstanding (Diluted) | 59.8M | 61.2M | 53.1M | 58.8M | 51.6M | 51.6M | 51.6M | 51.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |