Growth Metrics

Skkynet Cloud Systems (SKKY) Gross Margin (2016 - 2021)

Skkynet Cloud Systems (SKKY) has disclosed Gross Margin for 10 consecutive years, with 100.0% as the latest value for Q3 2021.

  • Quarterly Gross Margin changed 0.0% to 100.0% in Q3 2021 from the year-ago period, while the trailing twelve-month figure was 89.66% through Jul 2021, up 285.0% year-over-year, with the annual reading at 111.58% for FY2018, 1399.0% up from the prior year.
  • Gross Margin hit 100.0% in Q3 2021 for Skkynet Cloud Systems, roughly flat from 100.0% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 137.71% in Q4 2018 to a low of 95.42% in Q2 2017.
  • Historically, Gross Margin has averaged 102.96% across 5 years, with a median of 99.92% in 2019.
  • Biggest five-year swings in Gross Margin: plummeted -275bps in 2017 and later skyrocketed 3906bps in 2018.
  • Year by year, Gross Margin stood at 98.65% in 2017, then skyrocketed by 40bps to 137.71% in 2018, then decreased by -27bps to 99.92% in 2019, then grew by 0bps to 100.0% in 2020, then changed by 0bps to 100.0% in 2021.
  • Business Quant data shows Gross Margin for SKKY at 100.0% in Q3 2021, 100.0% in Q3 2020, and 99.92% in Q3 2019.