skillz is the worldwide leader in mobile esports. the skillz tournament management system can be integrated into any mobile game, enabling developers to offer esports competitions to their users. skillz allows players of all skill levels, from amateur to professional, to compete in tournaments of all sizes. skillz has hosted more than 40 million mobile tournaments for players in over 180 countries. more than 1,100 game studios use the skillz platform, which awards over $1 million in cash prizes to players every two weeks. skillz is powering the future of esports competitions by focusing on what’s best for both players and developers. founded in 2012, skillz has offices in san francisco and boston and has raised over $28 million in funding from sources including the owners of the new england patriots, milwaukee bucks and new york mets. skillz is hiring! if you’re interested in joining a fun and dynamic team dedicated to powering the future of sports, check out the current job openin
Company profile
Ticker
SKLZ
Exchange
Website
CEO
Andrew C. Paradise
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Flying Eagle Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Skillz Platform Inc. • Skillz Platform Canada Inc. • Aarki, LLC • Beijing Aarki Technology Co. Ltd. • Aarki LLC • Aarki (UK) Limited ...
IRS number
844478274
SKLZ stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
14 Mar 24
8-K
Skillz Reports 2023 Fourth Quarter and Full Year 2023 Results
14 Mar 24
8-K
Departure of Directors or Certain Officers
16 Feb 24
8-K/A
Departure of Directors or Certain Officers
13 Feb 24
8-K
Departure of Directors or Certain Officers
8 Jan 24
8-K
Departure of Directors or Certain Officers
13 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Skillz Reports 2023 Third Quarter Results
8 Nov 23
8-K
Amendments to Articles of Incorporation or Bylaws
23 Oct 23
8-K
Departure of Directors or Certain Officers
31 Aug 23
Transcripts
SKLZ
Earnings call transcript
2023 Q4
14 Mar 24
SKLZ
Earnings call transcript
2023 Q3
8 Nov 23
SKLZ
Earnings call transcript
2023 Q2
2 Aug 23
SKLZ
Earnings call transcript
2023 Q1
9 May 23
SKLZ
Earnings call transcript
2022 Q4
30 Mar 23
SKLZ
Earnings call transcript
2022 Q3
2 Nov 22
SKLZ
Earnings call transcript
2022 Q2
4 Aug 22
SKLZ
Earnings call transcript
2022 Q1
5 May 22
SKLZ
Earnings call transcript
2021 Q4
24 Feb 22
SKLZ
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
Casey Chafkin
18 Mar 24
4
Casey Chafkin
6 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
4/A
Alexander Mandel
23 Jan 24
4
Alexander Mandel
23 Jan 24
3
Gaetano Franceschi
18 Jan 24
4
Salvatore Jr. Lento
4 Jan 24
4
Kent Wakeford
20 Dec 23
4
Casey Chafkin
15 Dec 23
4
Casey Chafkin
6 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 333.08 mm | 333.08 mm | 333.08 mm | 333.08 mm | 333.08 mm | 333.08 mm |
Cash burn (monthly) | (no burn) | (no burn) | 11.18 mm | 20.67 mm | 6.14 mm | 6.02 mm |
Cash used (since last report) | n/a | n/a | 66.79 mm | 123.50 mm | 36.71 mm | 36.00 mm |
Cash remaining | n/a | n/a | 266.28 mm | 209.58 mm | 296.37 mm | 297.08 mm |
Runway (months of cash) | n/a | n/a | 23.8 | 10.1 | 48.2 | 49.3 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 112 |
Opened positions | 29 |
Closed positions | 19 |
Increased positions | 18 |
Reduced positions | 29 |
13F shares | Current |
---|---|
Total value | 21.26 bn |
Total shares | 48.86 mm |
Total puts | 210.22 k |
Total calls | 578.06 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Atlas Venture Fund IX | 23.28 mm | $0.00 |
WestCapSkillz 2020-A | 15.30 mm | $0.00 |
Integrated Core Strategies | 5.30 mm | $105.95 mm |
Linden Capital | 795.43 k | $15.91 mm |
Millennium Management | 685.50 k | $3.50 bn |
Vanguard | 573.36 k | $2.92 bn |
Renaissance Technologies | 424.73 k | $2.17 bn |
STT State Street | 390.85 k | $1.99 bn |
BLK Blackrock | 287.87 k | $1.47 bn |
Coastal Bridge Advisors | 247.01 k | $1.26 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Casey Chafkin | Class A common stock | Option exercise | Acquire M | No | No | 0 | 3,372 | 0.00 | 760,116 |
14 Mar 24 | Casey Chafkin | RSU Class A common stock | Option exercise | Dispose M | No | No | 0 | 3,372 | 0.00 | 26,981 |
4 Mar 24 | Casey Chafkin | Class A common stock | Option exercise | Acquire M | No | No | 0 | 916 | 0.00 | 756,744 |
4 Mar 24 | Casey Chafkin | RSU Class A common stock | Option exercise | Dispose M | No | No | 0 | 916 | 0.00 | 3,665 |
20 Jan 24 | Alexander Mandel | Class A common stock | Option exercise | Acquire M | No | No | 0 | 7,067 | 0.00 | 7,067 |
20 Jan 24 | Alexander Mandel | RSU Class A common stock | Option exercise | Dispose M | No | No | 0 | 7,067 | 0.00 | 21,204 |
3 Jan 24 | Salvatore Jr. Lento | RSU Class A common stock | Grant | Acquire A | No | No | 0 | 9,012 | 0.00 | 9,012 |
News
Wedbush Reiterates Outperform on Skillz, Maintains $15 Price Target
15 Mar 24
Recap: Skillz Q4 Earnings
14 Mar 24
Skillz Q4 2023 GAAP EPS $(1.04) Beats $(1.41) Estimate, Sales $29.138M Miss $38.087M Estimate
14 Mar 24
Earnings Scheduled For March 14, 2024
14 Mar 24
A Preview Of Skillz's Earnings
13 Mar 24