Skillz Platform Stock Net Income
| SKLZ Stock | USD 4.54 0.10 2.16% |
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 Reported | Projected for Next Year | ||
| Net Loss | -229.3 M | -240.8 M | |
| Net Loss | -395 M | -375.2 M | |
| Net Loss | -106.7 M | -112 M | |
| Net Loss | (4.85) | (5.09) | |
| Net Income Per E B T | 1.00 | 1.13 |
Skillz | Net Income |
Skillz Platform Company Net Income Analysis
Skillz Platform's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Skillz Platform Net Income | (106.69 M) |
Most of Skillz Platform's fundamental indicators, such as Net Income, 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 Net Income 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 Net Income. 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Skillz Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Skillz Platform reported net income of (106.69 Million). This is 106.69% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The net income for all United States stocks is 118.69% higher than that of the company.
Skillz Net Income 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 Net Income 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 net income 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 Platform Institutional Holders
Institutional Holdings refers to the ownership stake in Skillz Platform that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Skillz Platform's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Skillz Platform's value.| Shares | Trexquant Investment Lp | 2024-09-30 | 50.8 K | Millennium Management Llc | 2024-09-30 | 38.7 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 34.6 K | Group One Trading, Lp | 2024-09-30 | 31.7 K | D. E. Shaw & Co Lp | 2024-09-30 | 28.5 K | Northern Trust Corp | 2024-09-30 | 23.9 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 19.5 K | Vista Wealth Management, Llc | 2024-09-30 | 18.7 K | Susquehanna Portfolio Strategies Llc | 2024-09-30 | 18.3 K | Vanguard Group Inc | 2024-09-30 | 477.1 K | Renaissance Technologies Corp | 2024-09-30 | 398.6 K |
Skillz Fundamentals
| Return On Equity | -0.17 | ||||
| Return On Asset | -0.13 | ||||
| Profit Margin | (0.35) % | ||||
| Operating Margin | (0.85) % | ||||
| Current Valuation | (86.37 M) | ||||
| Shares Outstanding | 13.46 M | ||||
| Shares Owned By Insiders | 14.22 % | ||||
| Shares Owned By Institutions | 34.70 % | ||||
| Number Of Shares Shorted | 1.54 M | ||||
| Price To Book | 0.39 X | ||||
| Price To Sales | 0.74 X | ||||
| Revenue | 150.11 M | ||||
| Gross Profit | 238.99 M | ||||
| EBITDA | (113.99 M) | ||||
| Net Income | (106.69 M) | ||||
| Cash And Equivalents | 470.47 M | ||||
| Cash Per Share | 1.12 X | ||||
| Total Debt | 135.87 M | ||||
| Debt To Equity | 0.59 % | ||||
| Current Ratio | 8.61 X | ||||
| Book Value Per Share | 11.14 X | ||||
| Cash Flow From Operations | (69.62 M) | ||||
| Short Ratio | 14.64 X | ||||
| Earnings Per Share | (2.02) X | ||||
| Target Price | 8.83 | ||||
| Number Of Employees | 225 | ||||
| Beta | 2.76 | ||||
| Market Capitalization | 78.36 M | ||||
| Total Asset | 395.5 M | ||||
| Retained Earnings | (979.8 M) | ||||
| Working Capital | 274.83 M | ||||
| Net Asset | 395.5 M |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.