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Technology · Electronic Gaming & Multimedia · United States · Updated May 10, 8:13pm
$6.67
Price
$104.1M
Market Cap
225
Employees
4.60
Beta
Andrew C. Paradise
CEO
Business Description
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.
Business History
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-1.48
Stock Price: $6.67
EPS (Diluted): -4.51
EPS (Diluted): -4.51
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.60
Stock Price: $6.67
Total Equity: $111.82M
Shares: 15,605,220
Total Equity: $111.82M
Shares: 15,605,220
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-0.03
Market Cap: $104.09M
Total Debt: $128.72M
Cash: $194.51M
EBITDA: -$53.67M
Total Debt: $128.72M
Cash: $194.51M
EBITDA: -$53.67M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.5M
Market Cap: $104.09M
Total Debt: $128.72M
Cash: $194.51M
Total Debt: $128.72M
Cash: $194.51M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
87.5%
Gross Profit: $91.45M
Revenue: $104.50M
Revenue: $104.50M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-68.3%
Operating Income: -$71.42M
Revenue: $104.50M
Revenue: $104.50M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-67.4%
Net Income: -$70.41M
Revenue: $104.50M
Revenue: $104.50M
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
-63.0%
Net Income: -$70.41M
Total Equity: $111.82M
Total Equity: $111.82M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
-155.4%
Operating Income: -$71.42M
Tax Rate: -0.2%
Equity: $111.82M
Total Debt: $128.72M
Cash: $194.51M
Tax Rate: -0.2%
Equity: $111.82M
Total Debt: $128.72M
Cash: $194.51M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.20
Current Assets: $216.48M
Current Liabilities: $180.71M
Current Liabilities: $180.71M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
1.15
Short-Term Debt: $128.05M
Long-Term Debt: $665,000
Total Debt: $128.72M
Total Equity: $111.82M
Long-Term Debt: $665,000
Total Debt: $128.72M
Total Equity: $111.82M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$6.70
Revenue: $104.50M
Shares: 15,605,220
Shares: 15,605,220
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$7.17
Total Equity: $111.82M
Shares: 15,605,220
Shares: 15,605,220
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-4.51
Operating CF: -$68.93M
CapEx: -$1.40M
Shares: 15,605,220
CapEx: -$1.40M
Shares: 15,605,220
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $6.67
Stock Price: $6.67
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$70.41M
Net Income: -$70.41M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares SKLZ against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $380.2M | $269.7M | $152.1M | $95.5M | $104.5M |
| Cost of Revenue | $25.2M | $30.7M | $15.4M | $13.4M | $13.1M |
| Gross Profit | $354.9M | $239.0M | $136.7M | $82.1M | $91.4M |
| Operating Expenses | $648.7M | $660.3M | $251.0M | $130.4M | $162.9M |
| Operating Income | -$293.8M | -$421.4M | -$114.3M | -$48.4M | -$71.4M |
| Net Income | -$187.9M | -$438.9M | -$101.4M | -$48.2M | -$70.4M |
| EBITDA | -$194.2M | -$394.8M | -$96.3M | -$92.8M | -$53.7M |
| EPS | $-9.77 | $-21.41 | $-4.85 | $-2.70 | $-4.51 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $241.3M | $362.5M | $302.0M | $281.9M | $194.5M |
| Total Current Assets | $589.9M | $501.7M | $314.7M | $294.4M | $216.5M |
| Total Assets | $1.0B | $621.3M | $395.8M | $364.2M | $293.5M |
| Current Liabilities | $99.8M | $49.5M | $49.9M | $57.3M | $180.7M |
| Long-Term Debt | $278.9M | $272.8M | $123.9M | $125.7M | $665,000 |
| Total Liabilities | $412.0M | $342.9M | $185.3M | $192.6M | $181.6M |
| Total Equity | $609.2M | $278.4M | $210.5M | $171.6M | $111.8M |
| Retained Earnings | -$434.2M | -$873.1M | -$974.5M | -$1.0B | -$1.1B |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$180.2M | -$179.6M | -$71.8M | -$7.1M | -$68.9M |
| Capital Expenditure | -$3.2M | -$1.9M | -$13.2M | -$2.5M | -$1.4M |
| Free Cash Flow | -$183.4M | -$181.5M | -$85.0M | -$9.6M | -$70.3M |
| Acquisitions (net) | -$84.0M | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$13.0M | -$19.3M | -$9.3M |
| Net Change in Cash | -$21.4M | $121.2M | -$53.4M | -$30.1M | -$86.4M |
Analyst Estimates (Annual)
| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$103.2M $103.2M – $103.2M
|
$131.4M $131.4M – $131.4M
|
$145.9M $145.9M – $145.9M
|
$166.1M $161.2M – $170.9M
|
| EBITDA |
-$74.9M -$74.9M – -$74.9M
|
-$95.4M -$95.4M – -$95.4M
|
-$105.9M -$105.9M – -$105.9M
|
-$120.5M -$124.1M – -$117.0M
|
| Net Income |
-$57.3M -$57.3M – -$57.3M
|
-$47.9M -$47.9M – -$47.9M
|
-$30.8M -$30.8M – -$30.8M
|
-$18.3M -$18.3M – -$18.3M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -29.1% | -43.6% | -37.2% | +9.5% |
| Gross Profit Growth | -32.7% | -42.8% | -40.0% | +11.4% |
| Operating Income Growth | -43.4% | +72.9% | +57.7% | -47.7% |
| Net Income Growth | -133.5% | +76.9% | +52.4% | -46.0% |
| EBITDA Growth | -103.3% | +75.6% | +3.7% | +42.2% |
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27