Skillz Inc. (SKLZ): auditor change — Skillz dismisses EY auditor, hires Grant Thornton; Q4 EBITDA improves 53%, targets profitability in 2024

Skillz Inc.

Dismissed Ernst & Young as auditor; engaged Grant Thornton as new independent registered public accounting firm for FY 2023.
EY's 2022 report included explanatory paragraph on restatement; material weaknesses in internal controls remain unremediated.
Q4 2022 non-GAAP EBITDA improved 53% YoY; targeting positive run-rate EBITDA by end of 2024.
Reduced workforce by ~2/3; hired President/CFO, CTO, GC, and four new Board members.
Reduced engagement marketing spend 51% and UA spend 66% in 2022; rolled out new developer revenue share model.

item 4.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.99

Skillz Inc. dismissed Ernst & Young LLP as its auditor.

Action: dismissal
Auditor: Ernst & Young LLP
Successor: Grant Thornton LLP

Exact text from the filing

Effective June 16, 2023 (the “Dismissal Date”), the Audit Committee (the “Audit Committee”) of the Board of Directors (the “Board”) of Skillz Inc. (the “Company,” “we” or “our”) dismissed Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm.

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19 auditor changes filed in the last 30 days. Browse all auditor changes →

Skillz Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-022474

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