•
Jun 11, 2021

Skillsoft Q1 2022 Earnings Report

Skillsoft completed business combination with Churchill Capital Corp II and acquired Global Knowledge.

Key Takeaways

Skillsoft completed its business combination with Churchill Capital Corp II and acquired Global Knowledge. The business is performing in line with expectations, and the company is affirming its financial outlook for the fiscal year ending January 31, 2022.

Skillsoft completed its business combination with Churchill Capital Corp II.

Skillsoft acquired Global Knowledge on June 11, 2021.

Final pro-forma balance sheet as of March 31, 2021, includes gross debt of $584.4 million and cash of $259.8 million.

The business is performing in line with expectations as previously communicated in external guidance.

Total Revenue
$34.8M
EPS
-$2.96
Previous year: -$2.05
+44.7%
Gross Profit
$27.9M
0
Cash and Equivalents
$260M
Free Cash Flow
$33.2M
Total Assets
$700M

Skillsoft

Skillsoft

Forward Guidance

Skillsoft is affirming its financial outlook for the fiscal year ending January 31, 2022.