Skkynet Cloud Systems (SKKY) Gross Margin (2012 - 2021)

Skkynet Cloud Systems (SKKY) posted Gross Margin of 100.0% for Q3 2021, little changed sequentially from 100.0% in Q3 2020, and little changed YoY from 100.0% in Q3 2020.

Skkynet Cloud Systems (SKKY) Gross Margin (2012 - 2021) Analysis & Trends

Skkynet Cloud Systems has reported Gross Margin for 10 years, with the latest figure at 100.0% in Q3 2021.

  • Quarterly Gross Margin changed 0.0% year-over-year to 100.0% in Q3 2021, while the trailing twelve-month figure through Jul 2021 was 91.49% (up 468.0% YoY) and the FY2018 annual result came in at 111.58%, up 1399.0% from the prior year.
  • Gross Margin was little changed at 100.0% in Q3 2021 per SKKY's latest filing, from 100.0% in the prior quarter.
  • Over five years, Gross Margin peaked at 817.19% in Q3 2019 and troughed at 95.42% in Q2 2017.
  • A 5-year average of 158.13% and a median of 100.0% in 2018 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2019 and 2020: Gross Margin surged 71719 bps in 2019, then plunged 71719 bps in 2020.
  • Over 5 years, Gross Margin stood at 98.65% in 2017, then jumped by 40 bps to 137.71% in 2018, then jumped by 493 bps to 817.19% in 2019, then plunged by 88 bps to 100.0% in 2020, then changed by 0 bps to 100.0% in 2021.
  • According to Business Quant data, Gross Margin over the past three periods registered 100.0%, 100.0%, and 817.19% for Q3 2021, Q3 2020, and Q3 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 67.20%
2 Oracle 433.50 Bn 402.15 Bn - -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 84.66%
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn 67.55%
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 80.24%
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 71.76%
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 73.54%
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn 65.86%
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 47.84%
10 Skkynet Cloud Systems 23.91 Mn 22.58 Mn - -

Historic Data

Download Data
DateValue
Jul 31, 2021 100.00%
Jul 31, 2020 100.00%
Jul 31, 2019 817.19%
Apr 30, 2019 108.34%
Jan 31, 2019 109.12%
Oct 31, 2018 137.71%
Jul 31, 2018 100.00%
Apr 30, 2018 96.55%
Jan 31, 2018 96.50%
Oct 31, 2017 98.65%
Jul 31, 2017 99.88%
Apr 30, 2017 95.42%
Jan 31, 2017 96.34%
Oct 31, 2016 99.39%
Jul 31, 2016 99.09%
Apr 30, 2016 97.83%
Jan 31, 2016 99.09%
Oct 31, 2015 98.58%
Jul 31, 2015 99.83%
Apr 30, 2015 92.11%