Software Sales was Skkynet Cloud Systems’s largest product and service line in fiscal 2025, bringing in $1.69M of $2.55M (66%).
| Product and Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Software Sales | $1.68M | $1.71M | $1.69M |
| Support Sales | $639.07K | $766.35K | $806.61K |
| Other Sales | $55.29K | $86.82K | $54.68K |
| Total | $2.37M | $2.56M | $2.55M |
Skkynet Cloud Systems brought in $2.55M from its three product and service lines in fiscal 2025, the year ended October 31, 2025. That was down 0.4% from $2.56M in fiscal 2024. Software Sales was the largest at $1.69M (66.2%), ahead of Support Sales at $806.61K (31.6%) and Other Sales at $54.68K (2.1%).
Compared with fiscal 2024, Support Sales grew fastest, up 5.3% to $806.61K, while Other Sales fell the most, down 37.0% to $54.68K. From fiscal 2023 to 2025, combined revenue from these lines grew from $2.37M to $2.55M, a compound annual growth rate of 3.7%. Software Sales' share of the total fell from 70.8% to 66.2%.
Europe was Skkynet Cloud Systems’s largest region in fiscal 2021, bringing in $713.56K of $1.83M (39%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|
| Geographically | $1.27M | — | — | — | |
| Europe | — | $579.01K | $529.32K | $713.56K | |
| North America | — | $518.93K | $563.28K | $605.37K | |
| Asia | — | — | — | — | |
| Asia Pacific | — | $128.73K | $197.96K | $261.75K | |
| Other | $99.82K | $98.05K | $152.19K | $185.00K | |
| Middle East | — | — | — | — | |
| South America | $80.06K | $42.73K | $64.19K | $64.78K | |
| Total | $1.45M | $1.37M | $1.51M | $1.83M |
Skkynet Cloud Systems brought in $1.83M from its five regions in fiscal 2021, the year ended October 31, 2021. That was up 21.5% from $1.51M in fiscal 2020. Europe was the largest at $713.56K (39.0%), ahead of North America at $605.37K (33.1%) and Asia Pacific at $261.75K (14.3%). The other two regions brought in $249.77K combined.
Compared with fiscal 2020, Europe grew fastest, up 34.8% to $713.56K. Every region above 2% of revenue grew.
Skkynet Cloud Systems began breaking out Asia Pacific in fiscal 2019, when it brought in $128.73K. Skkynet Cloud Systems stopped reporting Geographically as a separate region after fiscal 2018, when it brought in $1.27M.
Software Sales was Skkynet Cloud Systems’s largest revenue line in fiscal 2022, bringing in $1.51M of $2.16M (70%).
| Income Statement Location Axis | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|
| Software Sales | $936.47K | $1.03M | $1.30M | $1.51M |
| Support Sales | $390.18K | $459.99K | $506.25K | $613.51K |
| Other Sales | $40.80K | $21.82K | $25.52K | $31.43K |
| Total | $1.37M | $1.51M | $1.83M | $2.16M |
Skkynet Cloud Systems brought in $2.16M from its three revenue lines in fiscal 2022, the year ended October 31, 2022. That was up 17.8% from $1.83M in fiscal 2021. Software Sales was the largest at $1.51M (70.1%), ahead of Support Sales at $613.51K (28.4%) and Other Sales at $31.43K (1.5%).
Compared with fiscal 2021, Support Sales grew 21.2% to $613.51K and Software Sales grew 16.4% to $1.51M. From fiscal 2019 to 2022, combined revenue from these revenue lines grew from $1.37M to $2.16M, a compound annual growth rate of 16.4%. Software Sales' share of the total rose from 68.5% to 70.1%.
Skkynet Cloud Systems (SKKY) reports its revenue by product and service, by geography and by income statement location axis. In fiscal 2025, Software Sales was its largest product and service line, bringing in $1.69M (66.2% of the total), followed by Support Sales at $806.61K (31.6%).
Software Sales was Skkynet Cloud Systems' largest product and service line in fiscal 2025, bringing in $1.69M, or 66.2% of the $2.55M total across its three product and service lines.
Europe was Skkynet Cloud Systems' largest region in fiscal 2021, bringing in $713.56K, or 39.0% of the $1.83M total across its five regions.
Software Sales was Skkynet Cloud Systems' largest revenue line in fiscal 2022, bringing in $1.51M, or 70.1% of the $2.16M total across its three revenue lines.
Among Skkynet Cloud Systems' product and service lines that make up at least 2% of revenue, Support Sales grew fastest in fiscal 2025, up 5.3% from $766.35K to $806.61K.
Every figure comes from Skkynet Cloud Systems' annual financial filings, as reported. Each line keeps the name Skkynet Cloud Systems gives it, and years follow its fiscal calendar.
Skkynet Cloud Systems' revenue by product and service goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.