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Skkynet Q3 Revenue Jumps 16% as Subscription Shift Accelerates

Skkynet Q3 revenue jumps 16% to $560,504 as subscription shift accelerates. Deferred revenue up 17%, cash grows 11%. Global expansion and industrial AI progress.

Skkynet’s accelerating revenue growth and expanding deferred revenue signal that its subscription transition is gaining traction, which could lead to more predictable and higher-quality earnings. The build-out of global sales leadership and participation in major industry events position the company to capture growing demand for secure industrial data connectivity and edge processing. The Industrial AI initiative, supported by non-dilutive government funding, aims to address the unique security, auditability, and real-time requirements of industrial customers—an area often overlooked by consumer AI solutions. As industries increasingly adopt AI and cloud technologies, Skkynet’s secure-by-design architecture and 25-year track record could make it a key enabler of the AI-driven industrial future. For investors, the strengthening balance sheet and broadening customer base suggest a solid foundation for long-term growth.