Skillz
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Skillz's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 44% to $152,079,000. The net income raised on -$101,360,000 and profit margin reached -67%. Total operating expenses were $250,992,000.

Profit Margin

Skillz Inc. (NYSE:SKLZ): Profit margin
2018 50.77M -27.78M -54.71%
2019 119.87M -29.82M -24.88%
2020 230.11M -122.46M -53.22%
2021 384.08M -181.37M -47.22%
2022 269.70M -438.87M -162.72%
2023 152.07M -101.36M -66.65%

SKLZ Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
152.07M269.70M384.08M230.11M119.87M50.77M
Cost of revenue
15.37M30.71M24.71M12.28M5.71M2.11M
Gross profit
136.7M238.99M359.37M217.83M114.15M48.66M
Operating exp.
Research and development
28.14M52.26M46.01M23.22M11.24M7.54M
Selling and marketing
122.85M277.01M465.45M251.94M111.37M51.68M
Total operating expenses
250.99M492.29M646.5M317.45M138.98M74.21M
Operating income
-114.29M-253.30M-287.12M-99.62M-24.82M-25.54M
Other income (expenses), net
13.17M-185.91M86.74M-45.77M1.22M-45K
Income before tax
-101.12M-439.22M-200.37M-122.34M-23.60M-27.78M
Income tax expense
239K-345K-18.99M115K6.21M-45K
Net income
-101.36M-438.87M-181.37M-122.46M-29.82M-27.78M
Earnings per share
Basic EPS
-4.85-21.41-9.43-6.62-2.06-1.92
Diluted EPS
-4.85-21.41-9.34-6.62-2.06-1.92
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