Skillz Past Earnings Performance
Past criteria checks 0/6
Skillz's earnings have been declining at an average annual rate of -35.3%, while the Entertainment industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 10.8% per year.
Key information
-35.3%
Earnings growth rate
-29.6%
EPS growth rate
| Entertainment Industry Growth | 18.1% |
| Revenue growth rate | 10.8% |
| Return on equity | -52.0% |
| Net Margin | -71.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Skillz: Large Cash Position But Core Business Keeps Declining
Apr 09Revenues Not Telling The Story For Skillz Inc. (NYSE:SKLZ) After Shares Rise 28%
Mar 01
Skillz Inc.: Still Early In Turning Around The Ship
Jan 02Skillz: Dying Core Business, But Near-Term Squeeze Possible
Oct 24Skillz: Chasing The Clock's Shadow Amid A Shrinking Proposition
Aug 18Skillz: Racing The Clock As Revenue Growth Declines
Jun 23Optimistic Investors Push Skillz Inc. (NYSE:SKLZ) Shares Up 44% But Growth Is Lacking
Apr 17Skillz adds BTIG co-founder to its board
Feb 21Skillz: Enroute To Profitability Although The Destination Is Not Near
Jan 10Skillz not in compliance with NYSE's stock price listing rule
Dec 20Skillz Platform GAAP EPS of -$0.19, revenue of $60M
Nov 02Skillz: A $25,000 Mistake To Learn From
Oct 25Why I'm Not Rolling The Dice With Skillz Stock
Oct 11Skillz taps gaming industry veteran as new CTO
Sep 12Skillz shares climb 5% as gaming platform maker hits two-month high
Aug 16Skillz Platform GAAP EPS of -$0.15 beats by $0.01, revenue of $73.34M misses by $19.43M
Aug 03Skillz appoints CFO
Jun 30Skillz: A Financial Disaster
Jun 02Skillz Q1 Earnings: Avoid This Stock
May 05Skillz Part II: Change The Vig, Change The World
Apr 19Why Skillz Is Woefully Misunderstood And Undervalued
Mar 20Skillz Stock: A Glimmer Of Hope
Mar 10News Flash: 8 Analysts Think Skillz Inc. (NYSE:SKLZ) Earnings Are Under Threat
Feb 25Skillz: Wild Marketing Spending Finally Ends In Tears
Feb 24Revenue & 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 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 35.3% 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 (38.1%).
Return on Equity
High ROE: SKLZ has a negative Return on Equity (-52.01%), as it is currently unprofitable.