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| Date | Value |
|---|---|
| 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% |