Earnings Summary

Skillz Inc’s revenue fell -52.5% since last year same period to $44.38Mn in the Q1 2023. On a quarterly growth basis, Skillz Inc has generated -5.31% fall in its revenue since last 3-months.

Skillz Inc’s net profit jumped 75.97% since last year same period to $-35.59Mn in the Q1 2023. On a quarterly growth basis, Skillz Inc has generated 75.19% jump in its net profits since last 3-months.

Skillz Inc’s net profit margin jumped 49.41% since last year same period to -80.2% in the Q1 2023. On a quarterly growth basis, Skillz Inc has generated 73.8% jump in its net profit margins since last 3-months.

Skillz Inc’s earning per share (EPS) estimates for the current quarter stand at -0.12 - a 7.69% jump from last quarter’s estimates.

Skillz Inc’s earning per share (EPS) estimates for the current year stand at -0.12.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Skillz Inc’s return on assets (ROA) stands at -0.1.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Skillz Inc’s return on equity (ROE) stands at -0.81.