Skkynet Achieves Record Sales Growth and Profitability for Fiscal Year 2022
MISSISSAUGA, ON, Jan. 31, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB:SKKY) is pleased to announce its year-end operating and financial results for the period ended October 31, 2022. The Company reported record annual revenue of $2,156,880 compared to $1,830,459 for the same period in 2021, a 17.8% year over year revenue growth. A strong cash position is reinforced by a profitable year, with net income of $32,758.