Company research
Skkynet Cloud Systems, Inc.
CIK 1546853Updated Sep 24, 2026
SecuritySKKY · OTC · equity
Name history
Skyynet Cloud Systems, Inc. · through Apr 26, 2012
SKKY price & chart
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OTC:SKKY on TradingView ↗About the company
Skkynet Cloud Systems, Inc. is a global leader in industrial software, providing secure, real-time data connectivity and edge processing for industrial systems. Skkynet’s technologies bridge plant systems, cloud platforms, and AI to enable safe, intelligent, and resilient operations across all industrial verticals. Skkynet’s solutions empower organizations to optimize operations, enhance efficiency, and drive innovation by connecting, monitoring, and controlling their systems in real time while maintaining robust security and data privacy standards.
In the news
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Recent filings
Show 5 more recent filings
10-Q filing
10-K filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,831,014Source | 1,549,486Source | 1,256,545Source | 1,144,994Source |
| Property, Plant and Equipment, NetUSD | 0Source | 2,156Source | 4,554Source | 7,058Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,427,321Source | 1,158,255Source | 916,780Source | 729,936Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 376,830Source | 361,480Source | 306,255Source | 377,491Source |
| Assets, CurrentUSD | 1,831,014Source | 1,547,330Source | 1,251,991Source | 1,137,936Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | 0Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 803,299Source | 659,956Source | 540,905Source | 474,398Source |
| Commitments and ContingenciesUSD | 0Source | 0Source | 0Source | 0Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 5Source | 5Source |
| Common Stock, Value, IssuedUSD | 53,145Source | 53,145Source | 53,145Source | 53,145Source |
| Additional Paid in CapitalUSD | 7,348,775Source | 7,226,547Source | 7,146,991Source | 6,990,526Source |
| Retained Earnings (Accumulated Deficit)USD | -6,447,576Source | -6,471,307Source | -6,558,777Source | -6,449,285Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 73,172Source | 80,946Source | 74,082Source | 76,011Source |
| Stockholders' Equity Attributable to ParentUSD | 1,027,715Source | 889,530Source | 715,640Source | 670,596Source |
| Liabilities and EquityUSD | 1,831,014Source | 1,549,486Source | 1,256,545Source | 1,144,994Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 803,299Source | 659,956Source | 540,905Source | 455,292Source |
| Operating Lease, Liability, CurrentUSD | — | — | — | 0Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 347,686Source | 338,382Source | 360,170Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 35,351Source | 99,090Source | -97,872Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 122,228Source | 79,556Source | 98,677Source | 200,220Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 28,981Source | 55,225Source | 71,236Source | -124,132Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 276,827Source | 234,638Source | 207,822Source | -36,021Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | 0Source | -19,106Source | -27,747Source |
| Repayments of Long-term DebtUSD | — | — | — | 29,315Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 269,066Source | 241,475Source | 186,844Source | -67,872Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,427,321Source | 1,158,255Source | 916,780Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 0Source | 0Source | 0Source |
| Income Taxes Paid, NetUSD | 0Source | — | — | 0Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -7,761Source | 6,837Source | -1,872Source | — |
| Additional Financial Items | ||||
| DepreciationUSD | 1,931Source | 2,425Source | 2,447Source | 2,563Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -7,172Source | -11,341Source | -6,087Source | 46,675Source |
| General and Administrative ExpenseUSD | 694,656Source | 663,711Source | 585,647Source | 503,957Source |
| Income Tax Expense (Benefit)USD | -24,925Source | -26,128Source | -29,897Source | — |
| Net Income (Loss) Attributable to ParentUSD | 35,351Source | 99,090Source | -97,872Source | 32,758Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 23,731Source | 87,470Source | -109,492Source | — |
| Operating ExpensesUSD | 2,557,439Source | 2,503,048Source | 2,492,159Source | 2,217,328Source |
| Other Nonoperating Income (Expense)USD | 16,914Source | 14,265Source | -9,826Source | 54,463Source |
| Stock or Unit Option Plan ExpenseUSD | — | 79,556Source | 98,677Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,550,951Source | 2,561,745Source | 2,374,216Source | 2,156,880Source |
| Operating Income (Loss)USD | -6,488Source | 58,697Source | -117,943Source | -60,448Source |
| Other Nonoperating Income (Expense)USD | 16,914Source | 14,265Source | -9,826Source | 54,463Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 10,426Source | 72,962Source | -127,769Source | -5,985Source |
| Income Tax Expense (Benefit)USD | -24,925Source | -26,128Source | -29,897Source | — |
| Net Income (Loss) Attributable to ParentUSD | 35,351Source | 99,090Source | -97,872Source | 32,758Source |
| Earnings Per Share, BasicUSD per share | 0Source | 0Source | 0Source | — |
| Earnings Per Share, DilutedUSD per share | 0Source | 0Source | 0Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 53,143,822Source | 53,143,822Source | 53,143,822Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 59,771,458Source | 61,217,272Source | 53,143,822Source | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,931Source | 2,425Source | 2,447Source | 2,563Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -7,172Source | -11,341Source | -6,087Source | 46,675Source |
| General and Administrative ExpenseUSD | 694,656Source | 663,711Source | 585,647Source | 503,957Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 23,731Source | 87,470Source | -109,492Source | — |
| Operating ExpensesUSD | 2,557,439Source | 2,503,048Source | 2,492,159Source | 2,217,328Source |
| Other IncomeUSD | 37,761Source | 25,606Source | 145Source | 1,512Source |
Filing attachments
skky_ex991.htm · 8-K · 2025-12-18
EX-99.1 2 skky_ex991.htm PRESS RELEASE skky_ex991.htm EXHIBIT 99.1 Skkynet Announces C$2.6 Million Industrial AI Product Development Initiative Project powered by Government of Canada support to enhance AI adoption in industrial automation Mississauga, Ontario, December 18, 2025 - Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY), a global leader in real-time data communication technology for industrial systems, today announced a new C$2.6 million (US$1.9 million) pr…
Read attachment ↗skky_ex991.htm · 8-K · 2025-12-09
EX-99.1 2 skky_ex991.htm PRESS RELEASE skky_ex991.htm EXHIBIT 99.1 Skkynet Appoints Industry Veteran Gary Tillery as Chief Executive Officer Seasoned Industrial Software Leader to Drive Strategic Growth and Market Expansion into Industrial AI. Mississauga, Ontario, December 9, 2025 - Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY), a global leader in real-time data communication technology for industrial systems, today announced the appointment of Gary Tillery as C…
Read attachment ↗skky_ex991.htm · 8-K · 2025-12-03
EX-99.1 2 skky_ex991.htm PRESS RELEASE skky_ex991.htm EXHIBIT 99.1 Skkynet Appoints Lee Tedstone to Board of Directors Seasoned global leader to support Skkynet’s growth, innovation, and go-to-market expansion. Mississauga, Ontario, December 3, 2025 - Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY), a global leader in real-time industrial data communication and connectivity solutions, today announced the appointment of Lee Tedstone to its Board of Directors. Tedsto…
Read attachment ↗skky_ex991.htm · 8-K · 2025-11-25
EX-99.1 2 skky_ex991.htm PRESS RELEASE skky_ex991.htm EXHIBIT 99.1 Skkynet Elects Xavier Mesrobian as Chairman of the Board Long-time executive leader to guide Skkynet’s next phase of strategic, sustained growth. Mississauga, Ontario, November 25, 2025 - Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY), a global leader in real-time industrial data communications, today announced that its Board of Directors has elected Xavier Mesrobian as Chairman. Mesrobian has bee…
Read attachment ↗