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Jan 31, 2024

Skillsoft Q4 2024 Earnings Report

Skillsoft's financial performance for Q4 2024 and full fiscal year were reported.

Key Takeaways

Skillsoft reported full-year Adjusted EBITDA above the top end of its outlook range and accelerated revenue growth in its subscription-based Content & Platform segment. The company has positioned itself as a partner for enterprise customers seeking to prepare their workforces to utilize generative AI.

Increased fourth quarter LTM Content & Platform Dollar Retention Rates to approximately 101%, up from approximately 100% in the prior year period.

Launched an expanded collection of more than 60 new learning scenarios and recognized with a 2024 AI Excellence Award by Business Intelligence Group for Skillsoft’s AI-powered coaching solution CAISY™.

Released new GenAI capabilities and enhancements to the Codecademy platform.

Named as a key learning partner for the launch of Accenture LearnVantage.

Total Revenue
$138M
Previous year: $140M
-2.0%
EPS
-$3.09
Previous year: -$4.2
-26.4%
Gross Profit
$62.7M
Previous year: $94.2K
+66380.6%
Cash and Equivalents
$101M
Previous year: $170M
-40.7%
Free Cash Flow
$11.1M
Previous year: $2.43M
+356.0%
Total Assets
$1.31B
Previous year: $1.64B
-20.4%

Skillsoft

Skillsoft

Skillsoft Revenue by Segment

Forward Guidance

Skillsoft provided its financial outlook for full year fiscal 2025.