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MARKETS / NYSE / FIRY
NYSE · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · SMALL CAP

Firy Inc. FIRY

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$104.5M
▲ 12.5% YoY
$-70.4M
$-70.3M
In brief

What this company does

Skillz shares in the aggregate entry fees paid by end users of its multi-player platform, in exchange for providing developers access to the platform and monetization services. Skillz operates an ecosystem paired with RZR (formerly Aarki), its AI-powered advertising technology segment, combining content, audience, and performance. Its platform enables game developers to monetize their content through multi-player competition by integrating real-money tournaments, virtual prizes, and social competition features directly into their games. RZR is a performance marketing platform that enables advertisers to acquire, retain, and monetize users across mobile, connected television, and other digital channels. The company is multinational, with offices in Las Vegas, San Francisco and Bangalore, India, and 370 employees as of December 31, 2025. Skillz was founded in 2012 by Andrew Paradise and Casey Chafkin. The company was originally incorporated in the State of Delaware on January 15, 2020 as a special purpose acquisition company.

Written from the business description in SKILLZ INC.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 104.5M
Revenue, FY2025 · full 8-year series below
Revenue $M Net income $M
FY2025 · Revenue 104.5 · Net income -70.4
200M-200M-400M20182019202020212022202320242025
Compound annual growth
−27.1%
−14.5%
+47.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −14.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−67 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -61.2% · Net -67.4%
-50%-100%-150%20182019202020212022202320242025
ROE
FY2025 · ROE -49.4%
-1000%-2000%20182019202020212022202320242025

Each USD of equity lost 49 cents this year.

Cash & shareholders
USD 9.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -70.3
-80M-160M20182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 9.3
-200M-400M20182019202020212022202320242025

USD 9.3M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 293.5M
EquityUSD 111.8M
CashUSD 194.5M
Gross debtUSD 127.6M
Net debtUSD -66.9M
Current ratio1.20×

The company holds more cash than debt.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B0.10.10.20.30.40.20.10.1
Operating income $B−0.1−0.0−0.1−0.4−0.3−0.1−0.0−0.0
EBITDA $B−0.1−0.0−0.1−0.4−0.3−0.1−0.0−0.0
Income tax $B0.00.00.0−0.0−0.00.00.00.0
Net income $B−0.1−0.0−0.1−0.4−0.2−0.1−0.0−0.0
Free cash flow $B−0.1−0.0−0.1−0.2−0.2−0.1−0.0−0.0
EPS, diluted $−4.51−2.62−4.85−21.41−0.71−0.51−0.09−0.12
Dividend / sh $········
Payout %········
ROE %−49.4−24.4−41.5−98.9−57.1−473.0−308.2−2581.8

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2018

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