Market Capitalization (Millions $) |
134 |
Shares
Outstanding (Millions) |
21 |
Employees |
- |
Revenues (TTM) (Millions $) |
164 |
Net Income (TTM) (Millions $) |
-243 |
Cash Flow (TTM) (Millions $) |
90 |
Capital Exp. (TTM) (Millions $) |
12 |
Skillz Inc
Skillz Inc. is a mobile gaming platform that allows game developers to create and monetize online multiplayer games. It was founded in 2012 by Andrew Paradise, a former professional poker player and entrepreneur, with the intention of making gaming accessible to everyone, regardless of their location or socio-economic status.
The company's flagship product is the Skillz platform, which provides game developers with the tools they need to incorporate an online multiplayer experience into their games. Skillz has also developed a proprietary tournament platform, which allows players to compete against each other for cash prizes. Skillz takes a percentage of each prize pool as its revenue.
Since its inception, Skillz has experienced impressive growth, with millions of active players and hundreds of millions of dollars in annual revenue. The company has also partnered with major game developers and publishers, such as Glu Mobile, Jam City, and Square Enix.
Skillz has received several awards and recognition for its innovative approach to mobile gaming, including being named to the Forbes' Next Billion-Dollar Startups list in 2017 and 2018, and being recognized as one of Fast Company's Most Innovative Companies in gaming in both 2017 and 2018.
In addition to its gaming platform, Skillz has also developed a social impact program called the Skilled Gaming Federation. The program provides resources and mentorship to underprivileged youth in order to teach them valuable life skills such as critical thinking, problem-solving, and teamwork through gaming.
Overall, Skillz is a unique and innovative company that has revolutionized the mobile gaming industry by providing game developers with the tools they need to create engaging and profitable online multiplayer games, while also giving players the opportunity to compete for cash prizes in a fun and social environment.
Company Address: 6625 Badura Avenue Las Vegas 89118 NV
Company Phone Number: 762-0511 Stock Exchange / Ticker: NYSE SKLZ
SKLZ is expected to report next financial results on March 30, 2024. |
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