企業概要
Skillz Inc. operates a mobile game platform across the United States, Israel, China, Malta, Hong Kong, Cyprus, and international markets, serving both the Skillz and RZR business segments. The company is categorized within the Communication Services sector and specifically operates in the Electronic Gaming & Multimedia industry, positioning it as a key player in the competitive mobile gaming ecosystem. As of the latest available data, the company possesses a market capitalization of $39.16M and generates annual revenue totaling $104.50M, though specific employee count data is not publicly disclosed. These valuation figures indicate that Skillz Inc. operates with a relatively small market capitalization relative to its revenue generation, suggesting a micro-cap status that often correlates with higher volatility and potential for rapid scaling or contraction in the gaming sector.
財務健全性
The company reported a trailing twelve-month revenue of $104.50M, while simultaneously posting a net income loss of -$70.408M and an EBITDA loss of -$70.037M, revealing a significant gap between top-line generation and bottom-line profitability. This substantial disparity indicates a heavy cost structure where operating expenses, likely driven by research and development and sales overhead, are consuming the majority of the generated revenue before taxes. The company generated free cash flow of -$39.382376M, which signifies a current burn rate that limits immediate financial flexibility and reliance on external capital sources to fund operations. Despite the losses, the balance sheet shows a robust cash position of $194.51M against total debt of $128.72M, creating a net cash scenario that provides a buffer against operational deficits. The debt-to-equity ratio stands at 115.11, indicating a highly leveraged capital structure where debt significantly exceeds equity, yet the strong cash hoard mitigates immediate solvency risks. Liquidity is maintained at a current ratio of 1.20, suggesting the company holds sufficient current assets to cover its short-term liabilities, although the margin is relatively tight for a high-burn entity. Return on Equity is negative at -49.4% and return on assets is -13.4%, demonstrating that management has not yet generated positive returns on the capital invested by shareholders or asset base.
バリュエーション評価
The stock exhibits a trailing twelve-month P/E ratio that is unavailable due to negative earnings, while the forward P/E is listed as -0.75, implying that the market prices in future profitability expectations that differ from current accounting results. The price-to-book ratio is 0.30, indicating that the market values the company at significantly less than its net asset value, a common characteristic for unprofitable firms or those with intangible-heavy balance sheets. Additionally, the price-to-sales ratio is 0.37 and the EV/EBITDA is 0.38, suggesting that investors are valuing the firm based on sales multiples rather than earnings power, which is typical for companies in high-growth phases that have not yet achieved positive cash conversion. The stock price has ranged between a 52-week low of $2.23 and a 52-week high of $9.11, meaning the current valuation sits within this historical volatility band and reflects the speculative nature of the investment. The beta value of 3.09 highlights that the stock is highly volatile and tends to fluctuate with much greater intensity than the broader market, exposing investors to significant short-term price swings.
Growth & Income
Revenue growth year-over-year stands at 68.9%, which is a robust expansion rate, whereas earnings growth is unavailable due to negative net income, preventing a direct comparison of earnings versus revenue growth rates in traditional terms. The company does not pay a dividend, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, indicating that all available cash flow is being retained and reinvested into the business for growth initiatives rather than distributed to shareholders. This reinvestment strategy is typical for companies prioritizing market share acquisition and platform development over immediate income generation for investors. Overall, the growth and income profile presents a high-risk, high-reward scenario characterized by rapid revenue expansion but a complete absence of current income distribution or profitability.