Skillz sees sales jump 70% to $102 million
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November 4, 2021 |
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This is its 23rd consecutive quarter of revenue outperformance
Revenue was up 70 per cent year-on-year to $102 million.
This was driven by 47 per cent growth in paying MAUs.
Gross profit was up 66 per cent to $94 million.
The company ended the quarter with $540 million in terms of cash and equivalents.
During the period, Skillz closed the acquisition of Aarki and launched Big Buck Hunter: Marksman, a game that quickly climbed the charts in the App Store and reached the top spot in the Sports category.
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