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 - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 590 % -15.4%
Debt-to-equity 93.8 % -14%
Return On Equity -18.4 % +79.7%
Return On Assets -9.5 % +78.2%
Operating Margin -40.3 % +71%

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 17.5M shares -17.7%
Weighted Average Number of Shares Outstanding, Diluted 17.5M shares -17.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 106M USD -36.7%
Cost of Revenue 13.6M USD -19.1%
Research and Development Expense 17M USD -47.1%
Selling and Marketing Expense 84.5M USD -36.9%
General and Administrative Expense 76.5M USD -24.2%
Costs and Expenses 149M USD -62.8%
Operating Income (Loss) -42.8M USD +81.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -37.1M USD +83.8%
Income Tax Expense (Benefit) 190K USD -43.3%
Net Income (Loss) Attributable to Parent -37.3M USD +83.7%
Earnings Per Share, Basic -1.97 USD/shares +89.1%
Earnings Per Share, Diluted -2 USD/shares +88.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 301M USD -8.7%
Accounts Receivable, after Allowance for Credit Loss, Current 5.27M USD -43.1%
Other Assets, Current 445K USD -43.8%
Assets, Current 322M USD -8.18%
Property, Plant and Equipment, Net 14.9M USD
Operating Lease, Right-of-Use Asset 0 USD -100%
Goodwill 0 USD -100%
Other Assets, Noncurrent 723K USD -77.3%
Assets 390M USD -8.86%
Accounts Payable, Current 8.67M USD +262%
Employee-related Liabilities, Current 3.44M USD -59%
Liabilities, Current 55.5M USD -14.3%
Operating Lease, Liability, Noncurrent 9.56M USD -12%
Other Liabilities, Noncurrent 422K USD -63.8%
Liabilities 191M USD -4.82%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -996M USD -3.89%
Stockholders' Equity Attributable to Parent 199M USD -12.4%
Liabilities and Equity 390M USD -8.86%

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 311M USD -6.5%
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 -37.3M USD +83.6%
Lessee, Operating Lease, Liability, to be Paid 17M USD -17.6%
Property, Plant and Equipment, Gross 25.7M USD
Operating Lease, Liability, Current 1.31M USD -10.8%
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 1.22B USD +2.78%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 12.5M USD +0.71%
Depreciation, Depletion and Amortization 1.29M USD -20%
Deferred Tax Assets, Net of Valuation Allowance 0 USD -100%
Share-based Payment Arrangement, Expense 33M USD -25.8%
Interest Expense 16.1M USD -61.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%