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 625 % -11.9%
Debt-to-equity 100 % +16.8%
Return On Equity -90.9 % -17.1%
Return On Assets -43.5 % +1.74%
Operating Margin -139 % -18.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 171M USD -82.9%
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 25.3M USD -37%
Cost of Revenue 3.35M USD -8.33%
Research and Development Expense 4.27M USD -46.8%
Selling and Marketing Expense 20.8M USD -36.2%
General and Administrative Expense 17.2M USD -33.9%
Costs and Expenses -297K USD -100%
Operating Income (Loss) 25.6M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 26.1M USD
Income Tax Expense (Benefit) 73K USD -36%
Net Income (Loss) Attributable to Parent 26M USD
Earnings Per Share, Basic 1.47 USD/shares
Earnings Per Share, Diluted 1.44 USD/shares

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 -14.7M USD +82.4%
Net Cash Provided by (Used in) Financing Activities -249K USD +90.3%
Net Cash Provided by (Used in) Investing Activities 67.8M USD
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 52.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 326M USD -0.47%
Interest Paid, Excluding Capitalized Interest, Operating Activities 86K USD +473%
Deferred Tax Assets, Valuation Allowance 162M USD +64.4%
Deferred Tax Assets, Gross 163M USD +34.7%
Operating Lease, Liability 14.1M USD -10.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 26M USD
Lessee, Operating Lease, Liability, to be Paid 20.6M USD -13.7%
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 2.66M USD -13.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.62M USD -4.46%
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 6.52M USD -20.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.51M USD -6.62%
Deferred Tax Assets, Operating Loss Carryforwards 136M USD +26.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.59M USD +2.98%
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 114K USD -99.5%
Share-based Payment Arrangement, Expense 7.43M USD -30%
Interest Expense 9.36M USD -59.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%