Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
SKLZ logo SKLZ
Upturn stock ratingUpturn stock rating
SKLZ logo

Skillz Platform Inc (SKLZ)

Upturn stock ratingUpturn stock rating
$4.36
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: SKLZ (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -82.19%
Avg. Invested days 19
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 72.94M USD
Price to earnings Ratio -
1Y Target Price 10
Price to earnings Ratio -
1Y Target Price 10
Volume (30-day avg) 80772
Beta 2.76
52 Weeks Range 4.33 - 7.48
Updated Date 04/2/2025
52 Weeks Range 4.33 - 7.48
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -2.7

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-03-12
When Before Market
Estimate -1
Actual -1.5

Profitability

Profit Margin -50.52%
Operating Margin (TTM) -128.02%

Management Effectiveness

Return on Assets (TTM) -15.52%
Return on Equity (TTM) -25.25%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -62443926
Price to Sales(TTM) 0.76
Enterprise Value -62443926
Price to Sales(TTM) 0.76
Enterprise Value to Revenue 0.2
Enterprise Value to EBITDA -0.2
Shares Outstanding 13300000
Shares Floating 11285192
Shares Outstanding 13300000
Shares Floating 11285192
Percent Insiders 15.38
Percent Institutions 36.64

Analyst Ratings

Rating 4
Target Price 8.83
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Skillz Platform Inc

stock logo

Company Overview

overview logo History and Background

Skillz Platform Inc. was founded in 2012 by Andrew Paradise and Casey Chafkin. The company provides a mobile games platform that hosts tournaments for cash prizes. It went public in December 2020 via a SPAC merger with Flying Eagle Acquisition Corp.

business area logo Core Business Areas

  • Mobile Games Platform: Skillz operates a platform that allows game developers to integrate their games and host tournaments with cash prizes and virtual currency. Skillz provides the infrastructure, payment processing, and anti-cheating technology.

leadership logo Leadership and Structure

Andrew Paradise is the CEO. The company has a board of directors overseeing the management team.

Top Products and Market Share

overview logo Key Offerings

  • Mobile Games Platform: Skillz's platform allows developers to host tournaments. Revenue is generated through a revenue share model with the game developers. Skillz faces competition from other mobile gaming platforms and traditional gaming companies. It's difficult to pinpoint specific market share data due to varying definitions, but it operates in a competitive segment of the mobile gaming market.

Market Dynamics

industry overview logo Industry Overview

The mobile gaming industry is a large and growing market. Competitive gaming is a sub-segment experiencing growth due to increased mobile penetration and esports popularity.

Positioning

Skillz positions itself as a leader in the mobile esports and competitive gaming space. Its competitive advantage lies in its tournament platform and payment infrastructure, enabling developers to monetize games through skill-based competition.

Total Addressable Market (TAM)

Estimates vary, but the mobile gaming market is in the hundreds of billions of dollars annually. Skillz aims to capture a portion of this TAM by focusing on skill-based competitions and monetization through tournaments. Skillz aims to convert casual mobile gamers into tournament participants.

Upturn SWOT Analysis

Strengths

  • Proprietary tournament platform
  • Established payment infrastructure
  • Focus on skill-based gaming
  • Partnerships with game developers

Weaknesses

  • High marketing expenses
  • Dependence on developer partnerships
  • Competition from established gaming companies
  • Profitability challenges

Opportunities

  • Expansion into new geographic markets
  • Development of new game genres
  • Partnerships with larger gaming companies
  • Integration of blockchain technology

Threats

  • Increasing competition in the mobile gaming market
  • Changes in app store policies
  • Regulatory risks related to cash prizes
  • Economic downturn impacting consumer spending

Competitors and Market Share

competitor logo Key Competitors

  • APP (Digital Turbine)
  • EA (Electronic Arts)
  • ATVI (Activision Blizzard)

Competitive Landscape

Skillz faces intense competition from larger, more established gaming companies with greater resources. Its competitive advantage lies in its focus on skill-based tournaments.

Major Acquisitions

Alinea

  • Year: 2021
  • Acquisition Price (USD millions): 23.6
  • Strategic Rationale: Alinea is a social mobile gaming experience designed to bring new types of players into the ecosystem, through educational content.

Growth Trajectory and Initiatives

Historical Growth: Skillz experienced rapid revenue growth in its early years as a public company, but growth has slowed, and the company has faced profitability challenges.

Future Projections: Analyst projections vary, but generally, expect Skillz to continue to grow its revenue base as it expands its platform and partnerships.

Recent Initiatives: Recent initiatives include expanding partnerships with game developers and focusing on reducing marketing costs.

Summary

Skillz is a mobile gaming platform focused on skill-based tournaments, and is faced with challenges to become profitable. While it offers a unique platform for developers, it faces strong competition and high marketing costs. Its revenue growth has slowed but is expected to resume as it expands and finds strategic alignment. Skillz must manage its costs and effectively monetize its platform to achieve sustained success and to look out for market changes that are in the mobile gaming arena.

Similar Companies

APPratingrating

Applovin Corp

$346.29
Large-Cap Stock
0%
PASS

APPratingrating

Applovin Corp

$346.29
Large-Cap Stock
0%
PASS

EAratingrating

Electronic Arts Inc

$129.23
Large-Cap Stock
0%
PASS

EAratingrating

Electronic Arts Inc

$129.23
Large-Cap Stock
0%
PASS

TTWOratingrating

Take-Two Interactive Software Inc

$210.13
Large-Cap Stock
9.88%
Consider higher Upturn Star rating
BUY since 43 days

TTWOratingrating

Take-Two Interactive Software Inc

$210.13
Large-Cap Stock
BUY since 43 days
9.88%
Consider higher Upturn Star rating

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share data is approximate and may vary depending on the source and methodology. Financial performance data is not current and should not be used for investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Skillz Platform Inc

Exchange NYSE
Headquaters Las Vegas, NV, United States
IPO Launch date 2020-12-18
Co-Founder, CEO & Chairman of the Board Mr. Andrew C. Paradise
Sector Communication Services
Industry Electronic Gaming & Multimedia
Full time employees -
Full time employees -

Skillz Inc. operates a mobile game platform in the United States, Israel, China, Malta, and internationally. The company operates in two segments, Skillz an Aarki. It offers eSports gaming platform, which enables game developers to monetize content through multi-player competition. The company provides advertising solutions for mobile app developers. It distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is based in Las Vegas, Nevada.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​