Skillz Historical Income Statement

SKLZ Stock  USD 7.12  0.29  4.25%   
Historical analysis of Skillz Platform income statement accounts such as Selling And Marketing Expenses of 234.7 M, Total Revenue of 220.9 M, Gross Profit of 204.2 M or Other Operating Expenses of 368.7 M can show how well Skillz Platform performed in making a profits. Evaluating Skillz Platform income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Skillz Platform's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Skillz Platform latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Skillz Platform is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.

About Skillz Income Statement Analysis

Skillz Platform Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Skillz Platform shareholders. The income statement also shows Skillz investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Skillz Platform Income Statement Chart

At this time, Skillz Platform's Reconciled Depreciation is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 10 M in 2024, whereas Net Interest Income is likely to drop (9.8 M) in 2024.

Total Revenue

Total revenue comprises all receipts Skillz Platform generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Skillz Platform's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Skillz Platform current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skillz Platform. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Skillz Stock please use our How to Invest in Skillz Platform guide.At this time, Skillz Platform's Reconciled Depreciation is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 10 M in 2024, whereas Net Interest Income is likely to drop (9.8 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit359.4M239.0M134.7M204.2M
Total Revenue384.1M269.7M150.1M220.9M

Skillz Platform income statement Correlations

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-0.750.580.670.830.870.860.93-0.96-0.94-0.960.99-0.950.980.920.95-0.91-0.34-0.9-0.51
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-0.50.40.460.920.980.990.991.0-0.98-0.8-0.980.96-0.990.950.87-0.81-0.12-0.79-0.66
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0.81-0.29-0.89-0.340.0-0.07-0.04-0.130.220.570.22-0.330.2-0.37-0.12-0.50.660.69-0.41
0.87-0.54-0.89-0.9-0.7-0.74-0.72-0.80.860.930.86-0.90.85-0.92-0.79-0.961.00.690.28
-0.1-0.30.09-0.51-0.71-0.63-0.64-0.660.680.230.68-0.520.68-0.47-0.66-0.450.32-0.410.28
Click cells to compare fundamentals

Skillz Platform Account Relationship Matchups

Skillz Platform income statement Accounts

201920202021202220232024 (projected)
Net Interest Income(2.5M)(1.3M)(1.2M)(24.0M)(9.4M)(9.8M)
Depreciation And Amortization4.4M(19.8M)11.2M18.0M2.0M3.0M
Interest Expense2.5M1.3M1.2M24.0M3.2M6.3M
Selling General Administrative16.4M42.3M135.0M163.0M100.0M86.5M
Selling And Marketing Expenses111.4M251.9M465.5M277.0M122.6M234.7M
Total Revenue119.9M230.1M384.1M269.7M150.1M220.9M
Gross Profit114.2M217.8M359.4M239.0M134.7M204.2M
Other Operating Expenses144.7M329.7M671.2M523.0M266.1M368.7M
Operating Income(24.8M)(99.6M)(287.1M)(253.3M)(116.0M)(121.7M)
Net Income From Continuing Ops(23.6M)(122.5M)(181.4M)(438.9M)(229.3M)(240.8M)
Ebit(24.8M)(99.6M)(287.1M)(253.3M)(116.0M)(121.7M)
Research Development11.2M23.2M46.0M52.3M28.1M30.9M
Ebitda(20.4M)(119.4M)(275.9M)(235.3M)(114.0M)(119.7M)
Cost Of Revenue5.7M12.3M24.7M30.7M15.4M16.7M
Total Operating Expenses139.0M317.5M646.5M492.3M250.7M352.0M
Reconciled Depreciation711K1.6M11.1M17.9M4.0M6.6M
Income Before Tax(23.6M)(122.3M)(200.4M)(439.2M)(106.5M)(111.8M)
Total Other Income Expense Net1.2M(22.7M)86.7M(185.9M)9.5M10.0M
Net Income Applicable To Common Shares(23.6M)(122.5M)(181.4M)(438.9M)(395.0M)(375.2M)
Net Income(29.8M)(122.5M)(181.4M)(438.9M)(106.7M)(112.0M)
Income Tax Expense6.2M115K(19.0M)(345K)228K239.4K

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Additional Tools for Skillz Stock Analysis

When running Skillz Platform's price analysis, check to measure Skillz Platform's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skillz Platform is operating at the current time. Most of Skillz Platform's value examination focuses on studying past and present price action to predict the probability of Skillz Platform's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skillz Platform's price. Additionally, you may evaluate how the addition of Skillz Platform to your portfolios can decrease your overall portfolio volatility.