SKKY (Skkynet Cloud Systems) Tax Rate %: 57.69% (As of Apr. 2026)

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SKKY Skkynet Cloud Systems Inc SKKY
45 GF Score
Price $0.45
GF Value $0.46
Valuation Fairly Valued
! 2 Warning Signs
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What is Skkynet Cloud Systems Tax Rate %?

Skkynet Cloud Systems SKKY -0.02% 45 Tax Rate % is 57.69% as of Apr. 2026. GuruFocus rates SKKY with a GF Score™ of 45/100 and a GF Value™ of $0.46 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Skkynet Cloud Systems's Tax Expense for the three months ended in Apr. 2026 was $-0.15 Mil. Skkynet Cloud Systems's Pre-Tax Income for the three months ended in Apr. 2026 was $-0.26 Mil. Therefore, Skkynet Cloud Systems's Tax Rate % for the quarter that ended in Apr. 2026 was 57.69%.

Skkynet Cloud Systems Tax Rate % Related Terms

Skkynet Cloud Systems Tax Rate % Historical Data

* Premium members only.

The historical data trend for Skkynet Cloud Systems's Tax Rate % can be seen below:

* 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.

Skkynet Cloud Systems Tax Rate % Chart

Skkynet Cloud Systems Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.76 650.00 23.44 -35.62 -250.00

Skkynet Cloud Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.44 65.91 5.77 -1.79 57.69
SKKY
45GF Score
Skkynet Cloud Systems Inc SKKY
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Skkynet Cloud Systems Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Skkynet Cloud Systems's Tax Rate % for the fiscal year that ended in Oct. 2025 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2025 )/Pre-Tax Income (A: Oct. 2025 )
=-0.025/0.01
=-250.00 %

Skkynet Cloud Systems's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2026 )/Pre-Tax Income (Q: Apr. 2026 )
=-0.15/-0.26
=57.69 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 57.69% mean?
Skkynet Cloud Systems (SKKY) has a Tax Rate % of 57.69% as of Apr. 2026.
Is Skkynet Cloud Systems' Tax Rate % too high?
Skkynet Cloud Systems' current Tax Rate % is 57.69%. Overall, Skkynet Cloud Systems has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Skkynet Cloud Systems' Tax Rate % compare to AVX and AZIO?
Skkynet Cloud Systems' Tax Rate % of 57.69% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Skkynet Cloud Systems's current Tax Rate % is 57.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skkynet Cloud Systems stock overvalued right now?
Based on GuruFocus' analysis, Skkynet Cloud Systems (SKKY) is currently considered Fairly Valued. The stock's GF Value™ is $0.46, compared to a current price of $0.45 — trading 2.2% below its estimated fair value. The current Tax Rate % is 57.69%. Skkynet Cloud Systems' overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Skkynet Cloud Systems (SKKY), the current Tax Rate % is 57.69% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Skkynet Cloud Systems (SKKY) Overvalued in 2026?

Based on GuruFocus' analysis, Skkynet Cloud Systems stock appears to be undervalued. The current stock price of $0.45 is trading 2.2% below its estimated GF Value™ of $0.46. GuruFocus considers Skkynet Cloud Systems to be Fairly Valued.

Key valuation signals for SKKY:

  • Tax Rate %: 57.69%
  • GF Value™: $0.46 vs. price of $0.45 (2.2% below fair value)
  • GF Score™: 45/100 with 2 warning signs

No single metric tells the full story. See the SKKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Skkynet Cloud Systems Business Description

Address 2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
45GF Score

Get the complete analysis for SKKY

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.45
Price
$0.46
GF Value