Skillz
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Skillz generated cash of -$71,758,000, which is more than the previous year. Cash used in financing activities reached the amount of -$149,951,000 last year. Net change in cash is therefore -$53,408,000.
Cash Flow
| 2018 | -16.94M | -867K | 33.33M |
|---|---|---|---|
| 2019 | -21.93M | -3.22M | 31.16M |
| 2020 | -56.23M | -3.24M | 296.57M |
| 2021 | -180.15M | -643.92M | 802.68M |
| 2022 | -179.59M | 311.38M | -10.60M |
| 2023 | -71.75M | 168.30M | -149.95M |
SKLZ Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 365.43M | 244.25M | 265.64M | 28.54M | 22.54M | 7.02M |
Operating activities | ||||||
Net income | -101.36M | -438.87M | -181.37M | -122.46M | -23.60M | -27.78M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 1.96M | 17.87M | 11.13M | 1.60M | 711K | 404K |
Stock-based compensation expense | 43.69M | 108.20M | 60.33M | 23.75M | 1.23M | 0 |
| Deferred income tax benefit | 43.69M | 108.20M | 60.33M | 23.75M | 1.23M | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 1.23M | 5.59M | 203K | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 16K | -17.22M | 6.26M | 10.72M | -54K | 1.85M |
Cash generated by operating activities | -71.75M | -179.59M | -180.15M | -56.23M | -21.93M | -16.94M |
Investing activities | ||||||
Purchases Of Investments | 0 | -454.09M | -558.80M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -13.23M | -1.89M | -3.23M | -3.24M | -3.22M | -867K |
Acquisitions Net | 0 | -313.27M | -83.98M | 0 | 0 | 0 |
Cash generated by investing activities | 168.30M | 311.38M | -643.92M | -3.24M | -3.22M | -867K |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 402.13M | 246.48M | 25.10M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -13M | 0 | 0 | -2.55M | 0 | 0 |
Repayments of term debt | -1.09M | -2.61M | -1.58M | -10M | 6.06M | -5M |
Cash used in financing activities | -149.95M | -10.60M | 802.68M | 296.57M | 31.16M | 33.33M |
Net Change In Cash | -53.40M | 121.18M | -21.39M | 237.1M | 6.00M | 15.51M |
Cash at end of period | 312.02M | 365.43M | 244.25M | 265.64M | 28.54M | 22.54M |
| Data source | Data source | Data source | Data source |