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Jan 31, 2022

Skillsoft Q4 2022 Earnings Report

Reported strong financial results.

Key Takeaways

Skillsoft Corp. announced its financial results for the fourth quarter and full year of fiscal 2022 ended January 31, 2022. The Company also provided fiscal 2023 guidance.

Grew bookings 5%.

Delivered GAAP revenue of $166 million and GAAP net income of $8 million.

Grew adjusted revenue 2% to $176 million with adjusted EBITDA of $36 million, up 24% compared to the prior year.

Delivered combined Percipio and dual deployment dollar retention rate of 103%.

Total Revenue
$166M
Previous year: $109M
+52.8%
EPS
$1.2
Previous year: -$0.84
-242.9%
Gross Profit
$117M
Previous year: $67.9M
+71.9%
Cash and Equivalents
$155M
Previous year: $45.3M
+241.1%
Free Cash Flow
$26.8M
Previous year: -$2.12M
-1363.7%
Total Assets
$2.22B
Previous year: $1.55B
+43.8%

Skillsoft

Skillsoft

Forward Guidance

The Company also provided fiscal 2023 guidance.