Skillz Platform Inc

Company Profile

Skillz Platform Inc had its IPO on 2020-12-18 under the ticker symbol SKLZ.

The company operates in the Communication Services sector and Electronic Gaming & Multimedia industry. Skillz Platform Inc has a staff strength of 240 employees.

Stock update

Shares of Skillz Platform Inc opened at $6.98 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.77 - $7.09, and closed at $6.77.

This is a -3.7% slip from the previous day's closing price.

A total volume of 192,890 shares were traded at the close of the day’s session.

In the last one week, shares of Skillz Platform Inc have slipped by -17.24%.

Skillz Platform Inc's Key Ratios

Skillz Platform Inc has a market cap of $169.27 million, indicating a price to book ratio of 0.8264 and a price to sales ratio of 0.9792.

In the last 12-months Skillz Platform Inc’s revenue was $190.64 million with a gross profit of $238.99 million and an EBITDA of $-90358000. The EBITDA ratio measures Skillz Platform Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Skillz Platform Inc’s operating margin was -51.52% while its return on assets stood at -9.4% with a return of equity of -75.57%.

In Q2, Skillz Platform Inc’s quarterly earnings growth was a positive 3053.8% while revenue growth was a negative 44%.

Skillz Platform Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-13.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Skillz Platform Inc’s profitability.

Skillz Platform Inc stock is trading at a EV to sales ratio of 0.5387 and a EV to EBITDA ratio of -0.5241. Its price to sales ratio in the trailing 12-months stood at 0.9792.

Skillz Platform Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$447.39 million

Total Liabilities

$64.32 million

Operating Cash Flow

$0

Capital Expenditure

$14000

Dividend Payout Ratio

0%

Skillz Platform Inc ended 2024 with $447.39 million in total assets and $0 in total liabilities. Its intangible assets were valued at $447.39 million while shareholder equity stood at $247.47 million.

Skillz Platform Inc ended 2024 with $0 in deferred long-term liabilities, $64.32 million in other current liabilities, 41000.00 in common stock, $-930688000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $324.78 million and cash and short-term investments were $352.10 million. The company’s total short-term debt was $1,786,000 while long-term debt stood at $123.15 million.

Skillz Platform Inc’s total current assets stands at $367.79 million while long-term investments were $61.75 million and short-term investments were $27.32 million. Its net receivables were $9.66 million compared to accounts payable of $4.20 million and inventory worth $0.

In 2024, Skillz Platform Inc's operating cash flow was $0 while its capital expenditure stood at $14000.

Comparatively, Skillz Platform Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6.77

52-Week High

$25.4

52-Week Low

$6.73

Analyst Target Price

$12.33

Skillz Platform Inc stock is currently trading at $6.77 per share. It touched a 52-week high of $25.4 and a 52-week low of $25.4. Analysts tracking the stock have a 12-month average target price of $12.33.

Its 50-day moving average was $9.75 and 200-day moving average was $12.14 The short ratio stood at 4.1 indicating a short percent outstanding of 0%.

Around 1784.5% of the company’s stock are held by insiders while 4567.7% are held by institutions.