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Apr 30, 2024

Skillsoft Q1 2025 Earnings Report

Reported financial results for the first quarter of fiscal year 2025.

Key Takeaways

Skillsoft announced its financial results for the first quarter of fiscal 2025, with the Executive Chair expressing confidence in the company's market opportunity and ability to deliver transformative talent development outcomes.

Skillsoft is focused on strengthening go-to-market execution.

The company aims to enhance its operational foundation.

Skillsoft is extending its lead in generative AI-based solutions and interactive learning experiences.

Management will host a Virtual Investor Day on July 11, 2024, to provide a strategic business update and discuss long-term financial outlook.

Total Revenue
$128M
Previous year: $136M
-5.7%
EPS
-$3.37
Previous year: -$3.6
-6.4%
Gross Profit
$61.7M
Previous year: $97.7M
-36.8%
Cash and Equivalents
$74M
Previous year: $178M
-58.4%
Free Cash Flow
$14.8M
Previous year: $19.8M
-25.4%
Total Assets
$1.18B
Previous year: $1.54B
-23.3%

Skillsoft

Skillsoft

Forward Guidance

Skillsoft reaffirmed its financial outlook for the fiscal year ending January 31, 2025.

Positive Outlook

  • GAAP Revenue is expected to be between $530 million and $550 million.
  • Adjusted EBITDA is expected to be between $105 million and $110 million.