Skillz Q3 2024 revenue $24.6M, net loss $21.1M; targeting positive Adj EBITDA run-rate in 2025

Skillz Inc.

2024-Q3 EPS reported -$1.22 revenue$75,094,000

Revenue $24.6M; net loss $21.1M; Adjusted EBITDA -$13.9M.
Paying MAU of 121k, flat sequentially; ARPPU $67.6.
Total operating expenses ex-cost of revenue $42.2M.
Cash & restricted cash >$300M as of Sep 30, 2024.
CEO expects positive Adj EBITDA on run-rate basis in 2025.

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