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Skkynet Cloud Systems (Skkynet Cloud Systems) Profitability Rank : 3 (As of Jan. 2024)


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What is Skkynet Cloud Systems Profitability Rank?

Skkynet Cloud Systems has the Profitability Rank of 3. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Skkynet Cloud Systems's Operating Margin % for the quarter that ended in Jan. 2024 was 6.02%. As of today, Skkynet Cloud Systems's Piotroski F-Score is 6.


Competitive Comparison of Skkynet Cloud Systems's Profitability Rank

For the Software - Infrastructure subindustry, Skkynet Cloud Systems's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skkynet Cloud Systems's Profitability Rank Distribution in the Software Industry

For the Software industry and Technology sector, Skkynet Cloud Systems's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Skkynet Cloud Systems's Profitability Rank falls into.



Skkynet Cloud Systems Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Skkynet Cloud Systems has the Profitability Rank of 3. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Skkynet Cloud Systems's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0.038 / 0.631
=6.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Skkynet Cloud Systems has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Skkynet Cloud Systems Inc operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Skkynet Cloud Systems Profitability Rank Related Terms

Thank you for viewing the detailed overview of Skkynet Cloud Systems's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Skkynet Cloud Systems (Skkynet Cloud Systems) Business Description

Traded in Other Exchanges
N/A
Address
2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. It provides connectivity and data acquisition to a wide variety of industrial and office hardware and software products. The company's Skkynet Connected Systems platform includes the SkkyHub service, DataHub, Skkynet Vine, and Embedded Toolkit software. The platform enables real-time data connectivity for industrial, embedded, and financial systems. The company provides three types of cloud services: remotely hosted cloud systems and locally hosted cloud systems or a hybrid of the two. The business serves North America, Europe, Asia Pacific, and South America globally.
Executives
Andrew S Thomas director, 10 percent owner, officer: Chief Executive Officer 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Paul Benford director, 10 percent owner, officer: Chief Operating Officer 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Lowell Thomas Holden officer: Chief Financial Officer 631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408
Paul E Thomas director, 10 percent owner, officer: President 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Xavier Eric Mesrobian officer: VP Sales and Marketing 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
John X Adiletta director 51 BOULDERWOOD DRIVE, BERNARDSVILLE NJ 07924
Kenneth W. Jennings director 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Norman Evans director 5650 TOMKEN RD., UNIT 16, MISSISSAUGA A6 L4W 4P1
Michael R Thomas other: Advisor 2233 ARGENTIA ROAD, SUITE 306, MISSISSAUGA A6 L5N 2X7

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