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.