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Skillz (Skillz) Pretax Margin % : -105.57% (As of Mar. 2024)


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What is Skillz Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Skillz's Pre-Tax Income for the three months ended in Mar. 2024 was $-26.6 Mil. Skillz's Revenue for the three months ended in Mar. 2024 was $25.2 Mil. Therefore, Skillz's pretax margin for the quarter that ended in Mar. 2024 was -105.57%.

The historical rank and industry rank for Skillz's Pretax Margin % or its related term are showing as below:

SKLZ' s Pretax Margin % Range Over the Past 10 Years
Min: -162.85   Med: -59.88   Max: -19.69
Current: -78.62


SKLZ's Pretax Margin % is ranked worse than
84.66% of 580 companies
in the Interactive Media industry
Industry Median: -0.9 vs SKLZ: -78.62

Skillz Pretax Margin % Historical Data

The historical data trend for Skillz's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Skillz Pretax Margin % Chart

Skillz Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -19.69 -65.04 -54.47 -162.85 -70.92

Skillz Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -80.04 -54.72 -92.06 -71.42 -105.57

Competitive Comparison of Skillz's Pretax Margin %

For the Electronic Gaming & Multimedia subindustry, Skillz's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skillz's Pretax Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Skillz's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Skillz's Pretax Margin % falls into.



Skillz Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Skillz's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-106.466/150.113
=-70.92 %

Skillz's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-26.64/25.235
=-105.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Skillz  (NYSE:SKLZ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Skillz Pretax Margin % Related Terms

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Skillz (Skillz) Business Description

Traded in Other Exchanges
Address
P.O. Box 445, San francisco, CA, USA, 94104
Skillz Inc is a mobile game development company. It is engaged in re-inventing competitive mobile gaming and thereby expanding the mobile gaming market.
Executives
Jason Roswig officer: President & CFO PO BOX 445, SAN FRANCISCO CA 94104
Andrew Paradise director, officer: Chief Executive Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Andrew Dahlinghaus officer: General Counsel P.O. BOX 445, SAN FRANCISCO CA 94104
Kevin Chessen director 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Elly Ryu officer: Controller/Head of Accounting 245 FIRST STREET, SUITE 1800, CAMBRIDGE MA 02142
Alvin Lobo officer: Chief Financial Officer P.O. BOX 445, SAN FRANCISCO CA 94104
Alexander Mandel director 1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Stanley Mbugua officer: Chief Accounting Officer SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Seth Schorr director PO BOX 445, SAN FRANCISCO CA 94104
Henry M. Hoffman director PO BOX 445, SAN FRANCISCO CA 94104
Shari Glazer director PO BOX 445, SAN FRANCISCO CA 94104
Harry Sloan director, 10 percent owner, officer: CEO, Chairman 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Jerome Leon Bruckheimer director PHILPOTT MEEKS, 10030 VENTURA BOULEVARD, SUITE 380, ENCINO CA 91436
Christopher S Gaffney director C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Casey Chafkin director, officer: Chief Revenue Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445