Skillz Inc. financial data

Symbol
SKLZ on NYSE
Industry
Services-Computer Processing & Data Preparation
Location
6625 Badura Avenue, Las Vegas, NV
State of incorporation
DE
Fiscal year end
December 31
Former names
Flying Eagle Acquisition Corp. (to 12/17/2020)
Latest financial report
10-Q - Q2 2024 - Aug 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 578 % -21.3%
Debt-to-equity 91.8 % -13.1%
Return On Equity -23.7 % +74.7%
Return On Assets -12.4 % +72.9%
Operating Margin -45.1 % +69.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 161M USD
Common Stock, Value, Issued 1K USD -97.6%
Weighted Average Number of Shares Outstanding, Basic 17.8M shares -15.9%
Weighted Average Number of Shares Outstanding, Diluted 18.1M shares -14.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 118M USD -38.1%
Cost of Revenue 13.9M USD -32.8%
Research and Development Expense 20.1M USD -37.6%
Selling and Marketing Expense 97.1M USD -36.7%
General and Administrative Expense 82.8M USD -15.1%
Costs and Expenses 171M USD -63.7%
Operating Income (Loss) -53.3M USD +81.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -49.6M USD +82.2%
Income Tax Expense (Benefit) 167K USD -18.9%
Net Income (Loss) Attributable to Parent -49.7M USD +82.2%
Earnings Per Share, Basic -2.34 USD/shares +88.6%
Earnings Per Share, Diluted -2.37 USD/shares +88.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 316M USD -2.57%
Accounts Receivable, after Allowance for Credit Loss, Current 4.22M USD -56.3%
Other Assets, Current 532K USD -53.4%
Assets, Current 335M USD -8.98%
Property, Plant and Equipment, Net 14.6M USD
Operating Lease, Right-of-Use Asset 0 USD -100%
Goodwill 0 USD -100%
Other Assets, Noncurrent 707K USD -34%
Assets 403M USD -9.95%
Accounts Payable, Current 6.35M USD +51.3%
Employee-related Liabilities, Current 3.16M USD -57.7%
Liabilities, Current 52.4M USD -18.5%
Operating Lease, Liability, Noncurrent 9.91M USD -11.3%
Other Liabilities, Noncurrent 512K USD -55%
Liabilities 188M USD -6.15%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -975M USD -5.37%
Stockholders' Equity Attributable to Parent 215M USD -13.5%
Liabilities and Equity 403M USD -9.95%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -4.4M USD +70.1%
Net Cash Provided by (Used in) Financing Activities -7.2M USD -2792%
Net Cash Provided by (Used in) Investing Activities 169K USD -99.8%
Common Stock, Shares Authorized 31.3M shares +0.97%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -11.4M USD -122%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 326M USD -0.47%
Interest Paid, Excluding Capitalized Interest, Operating Activities 33K USD -47.6%
Deferred Tax Assets, Valuation Allowance 176M USD +8.15%
Deferred Tax Assets, Gross 176M USD +8.07%
Operating Lease, Liability 11.9M USD -15.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -49.6M USD +82.1%
Lessee, Operating Lease, Liability, to be Paid 17M USD -17.6%
Property, Plant and Equipment, Gross 25M USD
Operating Lease, Liability, Current 1.26M USD -29.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.51M USD -5.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.66M USD -26.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.03M USD -22.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.59M USD +2.98%
Deferred Tax Assets, Operating Loss Carryforwards 147M USD +8.54%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.67M USD +3.01%
Additional Paid in Capital 1.21B USD +3.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 12.5M USD +0.71%
Depreciation, Depletion and Amortization 403K USD -45.9%
Deferred Tax Assets, Net of Valuation Allowance 0 USD -100%
Share-based Payment Arrangement, Expense 38.7M USD +1.66%
Interest Expense 16.1M USD -61.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%