Skillz Inc. (NYSE: SKLZ), a leading mobile games platform, announced its financial results for the fourth quarter and full year ended December 31, 2025. The company reported a revenue of $30.0 million for Q4 2025, a notable increase compared to $17.8 million in Q4 2024. For the full year, Skillz achieved a total revenue of $104.5 million, up from $92.9 million in 2024. Despite the revenue growth, the company faced a net loss of $17.9 million in Q4 and a total net loss of $70.4 million for the year, reflecting ongoing challenges in profitability. Adjusted EBITDA loss for Q4 was reported at $10.0 million, while the full year adjusted EBITDA loss reached $50.5 million. The company highlighted a significant increase in paying monthly active users (PMAUs), which stood at 141,000, indicating a growing user engagement on its platform. However, total operating expenses for Q4 were $42.7 million, contributing to the overall losses. Skillz's CEO, Andrew Paradise, emphasized the company's strategic progress and the positive performance of its AI ad-tech segment, RZR, which achieved positive adjusted EBITDA for the year. The company ended 2025 with $194.5 million in cash and cash equivalents, positioning itself for future growth despite the current financial challenges. The results reflect a mixed outlook, with revenue growth tempered by substantial losses, raising concerns about the company's path to profitability.

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