See more : Nutech Global Limited (NUTECGLOB.BO) 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.
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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 |
Why Skillz Stock Was Stagnant on Monday
An analyst trimmed his price target on the shares. This was the second such move in nearly as many trading days.
Skillz Makes Massive Change Investors Can't Miss
Skillz's stock price has been on a seemingly straight path downward.
Skillz Inc. (SKLZ) Reports Q4 Loss, Misses Revenue Estimates
Skillz Inc. (SKLZ) delivered earnings and revenue surprises of 7.69% and 5.05%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Skillz Announces Q4 2022 and Fiscal Year 2022 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 fourth quarter and fiscal year ending December 31, 2022. Fourth Quarter Financial Update: Revenue...
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Skillz Fourth Quarter and Fiscal 2022 Earnings Call Date Revised
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 be reporting fourth quarter and full year 2022 financial results at 4:30 PM ET on...
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Skillz Appoints Gaming Industry Executive Alvin Lobo as Chief Financial Officer
SAN FRANCISCO--(BUSINESS WIRE)--Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced the appointment of Alvin Lobo to the role of Chief Financial Officer. “Alvin is a proven leader who will be dedicated to...
Financial Executive Kevin Chessen Joins Skillz Board of Directors
SAN FRANCISCO--(BUSINESS WIRE)--Skillz (NYSE: SKLZ), the leading mobile games platform bringing fair competition to players worldwide, today announced that Kevin Chessen, co-founder of BTIG, has joined its Board of Directors. Chessen will serve on the Audit Committee of the Board....
Source: https://incomestatements.info
Category: Stock Reports