See more : OHTL Public Company Limited (OHTL.BK) Income Statement Analysis – Financial Results
Complete financial analysis of Skillz Inc. (SKLZ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Skillz Inc., a leading company in the Electronic Gaming & Multimedia industry within the Technology sector.
You may be interested
- Websol Energy System Limited (WEBELSOLAR.NS) Income Statement Analysis – Financial Results
- BioPlus Acquisition Corp. (BIOSW) Income Statement Analysis – Financial Results
- International Land Alliance, Inc. (ILAL) Income Statement Analysis – Financial Results
- Polar Capital Global Healthcare Trust plc (PCGH.L) Income Statement Analysis – Financial Results
- Solvbl Solutions Inc. (SOLBF) Income Statement Analysis – Financial Results
Skillz Inc. (SKLZ)
About Skillz Inc.
Skillz Inc. operates a mobile games platform that connects players in fair, fun, and meaningful competition. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users worldwide. It also hosts casual esports tournaments to a range of mobile players. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is headquartered in San Francisco, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 152.08M | 269.71M | 384.09M | 230.12M | 119.87M | 50.78M |
| Cost of Revenue | 15.38M | 30.72M | 24.71M | 12.28M | 5.71M | 2.11M |
| Gross Profit | 136.70M | 238.99M | 359.38M | 217.83M | 114.16M | 48.67M |
| Gross Profit Ratio | 89.89% | 88.61% | 93.57% | 94.66% | 95.23% | 95.84% |
| Research & Development | 28.15M | 52.27M | 46.02M | 23.23M | 11.24M | 7.55M |
| General & Administrative | 96.65M | 163.02M | 135.03M | 42.29M | 16.38M | 14.98M |
| Selling & Marketing | 122.86M | 277.01M | 465.46M | 251.94M | 111.37M | 51.69M |
| SG&A | 219.51M | 440.03M | 600.48M | 294.23M | 127.75M | 66.66M |
| Other Expenses | 3.34M | 125.00K | 49.00K | -21.40M | 3.72M | -45.00K |
| Operating Expenses | 250.99M | 492.30M | 646.50M | 317.46M | 138.99M | 74.21M |
| Cost & Expenses | 266.37M | 523.02M | 671.21M | 329.74M | 144.70M | 76.32M |
| Interest Income | 0.00 | 26.59M | 1.22M | 1.33M | 2.50M | 0.00 |
| Interest Expense | 2.85M | 23.99M | 1.22M | 1.33M | 2.50M | 2.19M |
| Depreciation & Amortization | 1.96M | 13.19M | 11.67M | 1.61M | 711.00K | 404.00K |
| EBITDA | -96.31M | -402.04M | -194.18M | -142.46M | -20.40M | -25.19M |
| EBITDA Ratio | -63.33% | -87.25% | -71.84% | -51.89% | -17.02% | -49.60% |
| Operating Income | -114.29M | -253.31M | -287.12M | -99.62M | -24.83M | -25.55M |
| Operating Income Ratio | -75.15% | -93.92% | -74.75% | -43.29% | -20.71% | -50.31% |
| Total Other Income/Expenses | 13.17M | -17.86M | 80.06M | -45.77M | 1.22M | -2.24M |
| Income Before Tax | -101.12M | -439.22M | -200.37M | -122.35M | -23.61M | -27.78M |
| Income Before Tax Ratio | -66.49% | -162.85% | -52.17% | -53.17% | -19.69% | -54.71% |
| Income Tax Expense | 239.00K | -345.00K | -19.00M | 115.00K | 6.22M | -45.00K |
| Net Income | -101.36M | -438.88M | -181.38M | -122.46M | -29.82M | -27.78M |
| Net Income Ratio | -66.65% | -162.72% | -47.22% | -53.22% | -24.88% | -54.71% |
| EPS | -4.85 | -21.41 | -9.43 | -6.62 | -2.06 | -1.92 |
| EPS Diluted | -4.85 | -21.41 | -9.34 | -6.62 | -2.06 | -1.92 |
| Weighted Avg Shares Out | 20.89M | 20.50M | 19.23M | 18.49M | 14.45M | 14.45M |
| Weighted Avg Shares Out (Dil) | 20.89M | 20.50M | 19.43M | 18.49M | 14.45M | 14.45M |
Skillz Announces 1-for-20 Reverse Stock Split
LAS VEGAS--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company's Class A common stock and Class...
Get Out Now! 7 Penny Stocks That Are Poised to Plunge
In the dynamic world of investing, it's imperative to consider penny stocks to avoid . Investors frequently fall into the trap of equating low prices with low valuation or high upside potential.
Skillz Plants Roots in Las Vegas with New Headquarters
LAS VEGAS--(BUSINESS WIRE)--Skillz (NYSE: SKLZ), the leading mobile games platform that connects players and developers through fun and fair competition, today announces the purchase of a new office building in Las Vegas. The 36,045-square foot property overlooking the world-famous Las...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Skillz Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
NEW YORK , June 5, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Skillz Inc. (NYSE:...
Skillz Hires Fortune 500 Legal Executive Andrew Dahlinghaus As General Counsel
SAN FRANCISCO--(BUSINESS WIRE)--Skillz (NYSE: SKLZ), the leading mobile games platform that connects players and developers through fun and fair competition, today announces that Andrew Dahlinghaus will be joining the executive team as General Counsel, effective June 26, 2023. Dahlinghaus will...
Should Investors Buy Skillz Stock on the Dip?
Skillz updated investors with their latest financial figures, which could have huge implications for investors.
Why Skillz Stock Dived by 10% on Wednesday
Investors weren't impressed at all by the company's first-quarter performance. This revealed notable declines on both the top and bottom lines.
Skillz Inc. (SKLZ) Q1 2023 Earnings Call Transcript
Skillz Inc. (NYSE:SKLZ ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 AM ET Company Participants Susan Swanson - Communications Director Andrew Paradise - CEO Jason Roswig - President and CFO Casey Chafkin - CSO Conference Call Participants Jason...
Skillz Announces First Quarter 2023 Results
SAN FRANCISCO--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today announced results for the first quarter ending March 31, 2023. First Quarter Financial Update: Revenue of $44.4 million....
Skillz (SKLZ) Gears Up for Q1 Earnings: What's in Store?
Skillz (SKLZ) first-quarter 2023 results are likely to affect from dismal monthly active users and paying monthly active users.
Source: https://incomestatements.info
Category: Stock Reports