Skillz Platform Stock Gross Profit

SKLZ Stock  USD 5.74  0.17  2.88%   
Skillz Platform fundamentals help investors to digest information that contributes to Skillz Platform's financial success or failures. It also enables traders to predict the movement of Skillz Stock. The fundamental analysis module provides a way to measure Skillz Platform's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skillz Platform stock.
Last ReportedProjected for Next Year
Gross Profit134.7 M204.2 M
Gross Profit Margin 0.90  1.02 
Gross Profit is likely to rise to about 204.2 M in 2024. Gross Profit Margin is likely to rise to 1.02 in 2024.
  
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Skillz Platform Company Gross Profit Analysis

Skillz Platform's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Skillz Platform Gross Profit

    
  238.99 M  
Most of Skillz Platform's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skillz Platform is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Skillz Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Skillz Platform is extremely important. It helps to project a fair market value of Skillz Stock properly, considering its historical fundamentals such as Gross Profit. Since Skillz Platform's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skillz Platform's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skillz Platform's interrelated accounts and indicators.
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Skillz Gross Profit Historical Pattern

Today, most investors in Skillz Platform Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Skillz Platform's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Skillz Platform gross profit as a starting point in their analysis.
   Skillz Platform Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Skillz Platform reported 238.99 M of gross profit. This is 99.69% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The gross profit for all United States stocks is 99.13% higher than that of the company.

Skillz Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skillz Platform's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skillz Platform could also be used in its relative valuation, which is a method of valuing Skillz Platform by comparing valuation metrics of similar companies.
Skillz Platform is currently under evaluation in gross profit category among its peers.

Skillz Platform ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Skillz Platform's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skillz Platform's managers, analysts, and investors.
Environmental
Governance
Social

Skillz Fundamentals

About Skillz Platform Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Skillz Platform's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillz Platform using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillz Platform based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.