
Skillz sees sales jump 70% to $102 million
0
0
November 4, 2021 |
-
This is its 23rd consecutive quarter of revenue outperformance
Skillz has announced its Q3 FY21 financials for the three months ending 30 September 2021.
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.
tags:
Skillz