Skillz (SKLZ) Interest Expenses (2020 - 2023)

Skillz (SKLZ) recorded quarterly Interest Expenses of $2.3 million in Q3 2023, up 33.12% on a QoQ basis from $1.7 million in Q2 2023, and down 64.17% year-over-year from $6.4 million in Q3 2022.

Skillz (SKLZ) Interest Expenses (2020 - 2023) Analysis & Trends

Skillz has disclosed Interest Expenses across 4 years of filings, most recently posting $2.3 million for Q3 2023.

  • Quarterly Interest Expenses fell 64.17% year-over-year to $2.3 million in Q3 2023, while the trailing twelve-month figure through Jun 2024 was $2.3 million (down 83.05% YoY) and the FY2022 annual result came in at $24.0 million, up 1863.34% from the prior year.
  • Interest Expenses grew to $2.3 million in Q3 2023, from $1.7 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $8.2 million in Q1 2022 and troughed at $24000.0 in Q3 2020.
  • A 4-year average of $2.3 million and a median of $1.1 million in 2021 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2021 — Interest Expenses plunged 97.39% — and 2022, when it soared 33887.5%.
  • Tracing SKLZ's Interest Expenses over 4 years: stood at $28000.0 in 2020, then surged by 3778.57% to $1.1 million in 2021, then soared by 73.02% to $1.9 million in 2022, then rose by 21.29% to $2.3 million in 2023.
  • Business Quant data shows SKLZ's Interest Expenses at $2.3 million in Q3 2023, $1.7 million in Q2 2023, and $3.5 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Electronic Arts 50.76 Bn 47.89 Bn 1.76 Bn -
2 Take Two Interactive Software 42.04 Bn 40.05 Bn 938.70 Mn -
3 Roblox 34.08 Bn 30.86 Bn 1.15 Bn 10.00 Mn
4 Playtika Holding 1.32 Bn 539.18 Mn 384.10 Mn 24.20 Mn
5 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn -
6 Gdev 221.62 Mn 113.30 Mn 75.00 Mn -
7 Meridian Holdings 164.46 Mn 149.93 Mn 28.14 Mn 353,726.00
8 Skillz 132.36 Mn -27.57 Mn 25.51 Mn -
9 Brag House Holdings 89.71 Mn 89.57 Mn - 158,125.00
10 Playstudios 70.83 Mn -32.85 Mn 37.39 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 2.28 Mn
Sep 30, 2023 2.28 Mn
Jun 30, 2023 1.71 Mn
Jun 30, 2023 1.71 Mn
Mar 31, 2023 3.49 Mn
Mar 31, 2023 3.49 Mn
Dec 31, 2022 1.88 Mn
Dec 31, 2022 1.88 Mn
Sep 30, 2022 6.36 Mn
Sep 30, 2022 6.36 Mn
Jun 30, 2022 7.60 Mn
Jun 30, 2022 7.60 Mn
Mar 31, 2022 8.16 Mn
Mar 31, 2022 8.16 Mn
Dec 31, 2021 1.09 Mn
Dec 31, 2021 1.09 Mn
Sep 30, 2021 87,000.00
Sep 30, 2021 87,000.00
Jun 30, 2021 25,000.00
Jun 30, 2021 25,000.00