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Stock impact report

3 Unprofitable Stocks We're Skeptical Of [Yahoo! Finance]

Skillz Inc. Class A (SKLZ) 
Company Research Source: Yahoo! Finance
Unprofitable companies face an uphill battle, but not all are created equal. Luckily for you, StockStory is here to separate the promising ones from the weak. Keeping that in mind, here are three unprofitable companiesthat don't make the cut and some better opportunities instead. Skillz (SKLZ) Trailing 12-Month GAAP Operating Margin: -63.8% Taking a new twist at video gaming, Skillz (NYSE:SKLZ) offers developers a platform to create and distribute mobile games where players can pay fees to compete for cash prizes. Why Are We Out on SKLZ? Intense competition is diverting traffic from its platform as its paying monthly active users fell by 15% annually Persistent EBITDA margin losses suggest the business manages its expenses poorly Cash-burning tendencies make us wonder if it can sustainably generate shareholder value Skillz is trading at $6.04 per share, or 0.9x forward price-to-gross profit. Dive into our free research report to see why there are better opportunities Show less Read more
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