Skkynet Cloud Systems, Inc. Reports Earnings Results for the Full Year Ended October 31, 2020
February 09, 2021 at 04:01 pm EST
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Skkynet Cloud Systems, Inc. announced earnings results for the full year ended October 31, 2020. For the full year, the company announced sales was USD 1.506 million compared to USD 1.367 million a year ago. Operating loss was USD 392,232 compared to USD 557,416 a year ago. Net loss was USD 311,333 compared to USD 575,854 a year ago. Basic loss per share from continuing operations was USD 0.01.
Skkynet Cloud Systems, Inc. (Skkynet) is a Canada-based company. The Company is an industrial middleware vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products. It offers DataHub software, including applications for real-time graphical web display of data; connecting data from open process control, dynamic data exchange, and Modbus servers to analyze the status of factory production, embedded systems, or financial strategies; connecting data from MQTT clients to connect remote sensors and other cloud-based services; and data mirroring. Its DataHub software is also used for data logging that enables reading and writing of data with various open database connectivity; creating a data bridging interface to permit association of data points in another control system; providing historical data; data redundancy features; and network system monitoring. It serves customers in aerospace, energy and utility, and others.
SKKYNET CLOUD SYSTEMS, INC. 
