See more : Morozoff Limited (2217.T) 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
- ShenZhen RoadRover Technology Co.,Ltd (002813.SZ) Income Statement Analysis – Financial Results
- KG Chemical Corporation (001390.KS) Income Statement Analysis – Financial Results
- BiomX Inc. (PHGE-UN) Income Statement Analysis – Financial Results
- GigCapital4, Inc. (GIG) Income Statement Analysis – Financial Results
- PUDO Inc. (PDO.CN) 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 |
3 Gaming and Esports Stocks With Huge Return Potential for Long-Term Investors
The long-term potential of gaming and esports stocks is a product of impressive expected growth in the esports market. The global esports market was valued at $1.44 billion in 2022.
Skillz Announces Date for First Quarter 2023 Results
SAN FRANCISCO--(BUSINESS WIRE)--Skillz Inc. (NYSE: SKLZ) (“Skillz”), the leading mobile games platform bringing fair and fun competition to players worldwide, today announced that it will release its first quarter 2023 results after the close of the market on Tuesday, May...
Consumer Discretionary Stocks Are In Play: 5 Picks
March CPI data shows the smallest increase since May 2021. We see this as a thumbs up to Consumer Discretionary spending.
Best Penny Stocks To Buy Now? 4 Under $1 To Watch This Week
Penny stocks to buy for under $1 but are they worth the risk? The post Best Penny Stocks To Buy Now?
Skillz Soars 24% After CEO and Founder Andrew Paradise Discloses Significant Purchase
Esports stock Skillz Inc (US:SKLZ) has been making headlines this Easter weekend; recently its CEO and founder, Andrew Paradise, disclosed that he had made a significant share purchase in the trading window post fourth-quarter earnings.
Best Momentum Stocks to Buy for April 10th
SKLZ, WPP and EONGY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 10, 2023.
New Strong Buy Stocks for April 10th
GSL, WPP, CINF, SKLZ and EONGY have been added to the Zacks Rank #1 (Strong Buy) List on April 10, 2023.
Penny Stock Trading: A Guide to Price and Volume Breakouts
How to make money with penny stocks using price and volume breakouts The post Penny Stock Trading: A Guide to Price and Volume Breakouts appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
How to Analyze Penny Stocks for Long Term Growth
Use these tips for analyzing penny stocks for long term growth The post How to Analyze Penny Stocks for Long Term Growth appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Why Skillz Stock Is Soaring Today
Skillz's CEO recently purchased more shares of the company. Despite management's optimism, Skillz still has a lot to prove.
Source: https://incomestatements.info
Category: Stock Reports