Skkynet Cloud Systems, Inc. provides custom development, installation support and software maintenance services. The company operates its business through wholly owned subsidiaries Skkynet, Inc., Skkynet Corp. and Nic Corporation, Cogent Real-Time Systems, Inc., which develops software and related systems and facilities for collecting, processing, and distributing real-time information over networks. Skkynet Cloud Systems was founded on August 31, 2011 and is headquartered in Mississauga, Canada.
Company profile
Ticker
SKKY
Exchange
Website
CEO
Andrew S. Thomas
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
Former names
Skyynet Cloud Systems, Inc.
SEC CIK
IRS number
453757848
SKKY stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
27 Jan 23
DEF 14C
Information statement
22 Dec 22
PRE 14C
Preliminary information
2 Dec 22
10-Q
2022 Q3
Quarterly report
12 Sep 22
10-Q
2022 Q2
Quarterly report
13 Jun 22
EFFECT
Notice of effectiveness
27 Apr 22
CORRESP
Correspondence with SEC
25 Apr 22
S-1/A
IPO registration (amended)
12 Apr 22
UPLOAD
Letter from SEC
11 Apr 22
S-1/A
IPO registration (amended)
18 Mar 22
Latest ownership filings
Financial summary
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| Diluted EPS |
| Annual (USD) | Oct 22 | Oct 21 | Oct 20 | Oct 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 729.94 k | 729.94 k | 729.94 k | 729.94 k | 729.94 k | 729.94 k |
| Cash burn (monthly) | (no burn) | 5.66 k | (no burn) | 2.02 k | (no burn) | 3.00 k |
| Cash used (since last report) | n/a | 18.82 k | n/a | 6.73 k | n/a | 9.99 k |
| Cash remaining | n/a | 711.12 k | n/a | 723.20 k | n/a | 719.95 k |
| Runway (months of cash) | n/a | 125.7 | n/a | 357.4 | n/a | 239.8 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 26 Oct 22 | Andrew S Thomas | Common Stock | Buy | Acquire P | No | No | 0.22 | 3,156 | 694.32 | 22,334,929 |
| 26 Oct 22 | Paul Benford | Common Stock | Buy | Acquire P | No | No | 0.21 | 5,000 | 1.05 k | 8,665,400 |
| 26 Sep 22 | Andrew S Thomas | Common Stock | Buy | Acquire P | No | No | 0.22 | 5,844 | 1.29 k | 22,331,773 |
| 7 Jul 22 | Paul E Thomas | Common Stock | Buy | Acquire P | No | No | 0.001 | 338,900 | 338.90 | 5,348,900 |
| 22 Jun 22 | Andrew S Thomas | Common Stock | Buy | Acquire P | No | No | 0.16 | 17,629 | 2.82 k | 21,719,629 |