Skillz Inc. (SKLZ)

Skillz Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	95.47	152.08	269.71	380.15	229.05
Revenue Growth (YoY)	-37.23%	-43.61%	-29.05%	65.97%	91.08%
Cost of Revenue	13.41	15.38	30.72	25.24	12.28
Gross Profit	82.06	136.7	238.99	354.91	216.77
Selling, General & Admin	159.22	219.51	440.03	602.49	296.73
Research & Development	17.2	28.15	52.27	46.23	23.23
Other Operating Expenses	46	3.34	168.05	-	-
Total Operating Expenses	222.41	250.99	660.35	648.73	319.96
Operating Income	-48.35	-114.29	-421.36	-293.81	-103.19
Interest Expense	0.3	-2.85	-26.55	-1.22	-1.33
Other Non-Operating Income (Expense)	-0.12	16.02	8.68	87.97	-44.45
Total Non-Operating Income (Expense)	0.18	13.17	-17.86	86.75	-45.77
Pretax Income	-48.17	-101.12	-439.22	-207.07	-148.96
Provision for Income Taxes	0.06	0.24	-0.35	-19.14	0.12
Net Income	-48.23	-101.36	-438.88	-187.93	-149.08
Net Income to Common	-48.23	-101.36	-438.88	-187.93	-149.08
Shares Outstanding (Basic)	18	21	20	19	15
Shares Outstanding (Diluted)	18	21	20	19	15
Shares Change (YoY)	-14.59%	1.93%	5.51%	31.91%	12.76%
EPS (Basic)	-2.70	-4.85	-21.41	-9.80	-10.20
EPS (Diluted)	-2.70	-4.85	-21.41	-14.20	-10.20
Free Cash Flow	-9.95	-84.99	-181.49	-183.39	-59.48
Free Cash Flow Per Share	-0.56	-4.07	-8.85	-9.44	-4.04
Gross Margin	85.96%	89.89%	88.61%	93.36%	94.64%
Operating Margin	-50.65%	-75.15%	-156.23%	-77.29%	-45.05%
Profit Margin	-50.52%	-66.65%	-162.72%	-49.43%	-65.09%
FCF Margin	-10.42%	-55.89%	-67.29%	-48.24%	-25.97%
EBITDA	-46.79	-112.33	-403.49	-282.15	-101.58
EBITDA Margin	-49.01%	-73.86%	-149.60%	-74.22%	-44.35%
EBIT	-48.35	-114.29	-421.36	-293.81	-103.19
EBIT Margin	-50.65%	-75.15%	-156.23%	-77.29%	-45.05%
Effective Tax Rate	-0.13%	-0.24%	0.08%	9.24%	-0.08%

Updated Dec 31, 2024. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q