Skillz Past Earnings Performance
Past criteria checks 0/6
Skillz's earnings have been declining at an average annual rate of -26.9%, while the Entertainment industry saw earnings growing at 17.6% annually. Revenues have been declining at an average rate of 26.8% per year.
Key information
-26.9%
Earnings growth rate
-21.5%
EPS growth rate
| Entertainment Industry Growth | 14.3% |
| Revenue growth rate | -26.8% |
| Return on equity | -53.7% |
| Net Margin | -74.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Skillz makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 131 | -98 | 204 | 24 |
| 31 Dec 23 | 150 | -107 | 223 | 28 |
| 30 Sep 23 | 168 | -229 | 216 | 30 |
| 30 Jun 23 | 191 | -279 | 232 | 30 |
| 31 Mar 23 | 222 | -325 | 274 | 41 |
| 31 Dec 22 | 270 | -439 | 421 | 50 |
| 30 Sep 22 | 328 | -401 | 566 | 60 |
| 30 Jun 22 | 371 | -267 | 645 | 66 |
| 31 Mar 22 | 388 | -284 | 669 | 58 |
| 31 Dec 21 | 380 | -188 | 583 | 46 |
| 30 Sep 21 | 343 | -149 | 497 | 41 |
| 30 Jun 21 | 301 | -243 | 427 | 32 |
| 31 Mar 21 | 270 | -184 | 366 | 26 |
| 31 Dec 20 | 229 | -149 | 297 | 23 |
| 30 Sep 20 | 197 | -25 | 235 | 17 |
| 30 Jun 20 | 168 | -30 | 187 | 16 |
| 31 Mar 20 | 136 | -25 | 151 | 13 |
| 31 Dec 19 | 120 | -24 | 128 | 11 |
| 31 Dec 18 | 51 | -28 | 67 | 8 |
Quality Earnings: SKLZ * is currently unprofitable.
Growing Profit Margin: SKLZ * is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKLZ * is unprofitable, and losses have increased over the past 5 years at a rate of 26.9% per year.
Accelerating Growth: Unable to compare SKLZ *'s earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SKLZ * is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-4.3%).
Return on Equity
High ROE: SKLZ * has a negative Return on Equity (-53.71%), as it is currently unprofitable.