Skillz Platform Inc
Skillz Inc. operates a mobile game platform in the United States, Israel, China, Malta, Hong Kong, Cyprus, and internationally. The company operates in two segments, Skillz and Aarki. It offers an 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 th… Read more
Skillz Platform Inc (SKLZ) - Net Assets
Latest net assets as of September 2025: $127.18 Million USD
Based on the latest financial reports, Skillz Platform Inc (SKLZ) has net assets worth $127.18 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($308.23 Million) and total liabilities ($181.05 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $127.18 Million |
| % of Total Assets | 41.26% |
| Annual Growth Rate | 106.37% |
| 5-Year Change | -71.83% |
| 10-Year Change | N/A |
| Growth Volatility | 610.72 |
Skillz Platform Inc - Net Assets Trend (2018–2025)
This chart illustrates how Skillz Platform Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Skillz Platform Inc (2018–2025)
The table below shows the annual net assets of Skillz Platform Inc from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $171.59 Million | -18.48% |
| 2024-12-31 | $210.49 Million | +2.60% |
| 2023-12-31 | $205.16 Million | -26.31% |
| 2022-12-31 | $278.40 Million | -54.30% |
| 2021-12-31 | $609.16 Million | +972.71% |
| 2020-12-31 | $56.79 Million | +204.24% |
| 2019-12-31 | $18.66 Million | +1634.67% |
| 2018-12-31 | $1.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skillz Platform Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 94415800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.00% |
| Other Components | $1.19 Billion | 696.00% |
| Total Equity | $171.59 Million | 100.00% |
Skillz Platform Inc Competitors by Market Cap
The table below lists competitors of Skillz Platform Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Provident Agro Tbk
JK:PALM
|
$30.43 Million |
|
Societe d Exploration Miniere Vior Inc
V:VIO
|
$30.44 Million |
|
CATER. INTL SVCS-CISINH.
F:8WG
|
$30.44 Million |
|
Mildex Optical
TWO:4729
|
$30.44 Million |
|
SEC
KQ:081180
|
$30.43 Million |
|
Elixir Energy Limited
PINK:ELXPF
|
$30.43 Million |
|
Bohae Brewery
KO:000890
|
$30.42 Million |
|
Bioptik Technology
TWO:4161
|
$30.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skillz Platform Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 210,489,000 to 171,595,000, a change of -38,894,000 (-18.5%).
- Net loss of 48,231,000 reduced equity.
- Share repurchases of 19,349,000 reduced equity.
- Other comprehensive income increased equity by 7,000.
- Other factors increased equity by 28,679,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-48.23 Million | -28.11% |
| Share Repurchases | $19.35 Million | -11.28% |
| Other Comprehensive Income | $7.00K | +0.0% |
| Other Changes | $28.68 Million | +16.71% |
| Total Change | $- | -18.48% |
Book Value vs Market Value Analysis
This analysis compares Skillz Platform Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 20.28x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.16 | $3.28 | x |
| 2019-12-31 | $1.29 | $3.28 | x |
| 2020-12-31 | $3.07 | $3.28 | x |
| 2021-12-31 | $31.36 | $3.28 | x |
| 2022-12-31 | $13.58 | $3.28 | x |
| 2023-12-31 | $9.82 | $3.28 | x |
| 2024-12-31 | $10.07 | $3.28 | x |
| 2025-12-31 | $9.62 | $3.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skillz Platform Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -28.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.52%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.12x
- Recent ROE (-28.11%) is above the historical average (-410.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -2581.78% | -54.71% | 1.95x | 24.19x | $-27.89 Million |
| 2019 | -126.47% | -19.69% | 3.09x | 2.08x | $-25.47 Million |
| 2020 | -262.52% | -65.09% | 0.81x | 4.97x | $-154.76 Million |
| 2021 | -30.85% | -49.43% | 0.37x | 1.68x | $-248.84 Million |
| 2022 | -157.64% | -162.72% | 0.43x | 2.23x | $-466.72 Million |
| 2023 | -52.01% | -71.08% | 0.38x | 1.93x | $-127.21 Million |
| 2024 | -48.15% | -66.65% | 0.38x | 1.88x | $-122.41 Million |
| 2025 | -28.11% | -50.52% | 0.26x | 2.12x | $-65.39 Million |
Industry Comparison
This section compares Skillz Platform Inc's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $3,313,913,293
- Average return on equity (ROE) among peers: -81.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skillz Platform Inc (SKLZ) | $127.18 Million | -2581.78% | 1.42x | $30.43 Million |
| Alliance Media Holdings Inc (ADTR) | $3.34 Million | 5.56% | 2.25x | $1.00 |
| Alpha Esports Tech Inc (APETF) | $2.65 Million | -47.32% | 0.21x | $1.19K |
| Atlantis Internet Group Corp (ATIG) | $-2.11 Million | 0.00% | 0.00x | $1.96 |
| Kuuhubb Inc (BCDMF) | $448.25K | -290.46% | 0.57x | $333.35K |
| Blue Hat Interactive Entertainment (BHAT) | $6.95 Million | 37.02% | 0.79x | $1.57K |
| i3 Interactive Inc (BLITF) | $439.47K | -289.81% | 0.19x | $21.80K |
| Global Gaming Technologies Corp (BLKCF) | $3.39 Million | -79.50% | 0.30x | $12.22K |
| Capcom Co. Ltd (CCOEF) | $32.49 Billion | 11.15% | 2.27x | $8.38 Billion |
| Doubledown Interactive Co Ltd (DDI) | $626.23 Million | -37.36% | 0.26x | $7.07 Million |
| DarkIris Inc. Class A Ordinary Shares (DKI) | $6.78 Million | -127.41% | 0.25x | $2.82 Million |