Skillsoft Corp. (SKIL)
Skillsoft Corp. provides skills management platform and associated learning solutions in the United States, Other Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Talent Development Solutions and Global Knowledge. The company offers Skills Management Platform which provides organizations with subscription-based access to learning and workforce capability development tools; and Learner Platform that offers interactive and practice-based technology skill development experiences for individual learners. It also provides instructor-led training delivered in-person and virtually. In addition, the company operates Percipio, an AI-native enterprise skills management platform that is designed to enable organizations to manage workforce capabilities within one unified system, as well as integrates learning content, skills data, proficiency measurement, and administrative controls across roles, learners, and enterprise systems. It markets and sells its products through direct sales organization focused on enterprise and public sector accounts. Skillsoft Corp. was incorporated in 2019 and is based in Nashua, New Hampshire.
Sector: Services-Prepackaged Software
Industry: Education & Training Services
Skillsoft Corp.
NYSE:SKILConsumer Defensive · Education & Training Services
+1.35%$5.24
AH Close$5.240.00%vs close
AH$5.24+0.00%vs close
Mkt Cap$47.7M
Float4.9M
O/S9.1M
Inst Own60.4%
SI9.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$512.67M
Net Income-$139.82M
Total Assets$992.89M
Free Cash Flow$23.28M
Debt & Equity
Debt 105%
Total Debt$586.26M
Total Equity-$30.23M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:20Reverse splitOct 2, 202320 shares → 1
Balance Sheet Details
Assets$992.89M
Liabilities$1.02B
Accounts Receivable$175.99M
Accounts Payable$21.31M
Inventory$0
PP&E (Net)$0
Goodwill$296.3M
Intangible Assets$308.03M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $512.67M | $530.99M | $553.24M | $555.12M | $527.76M | $0 | $514.02M |
| YoY Growth | -3.5% | -4.0% | -0.3% | 5.2% | - | - | - |
| Cost of Revenue | $134.64M | $134.88M | $153.16M | $152.01M | $151.09M | $0 | $96.04M |
| Gross Profit | $378.04M | $396.12M | $400.08M | $403.11M | $376.68M | $0 | $417.98M |
| Gross Margin | 73.7% | 74.6% | 72.3% | 72.6% | 71.4% | - | 81.3% |
| Research and Development | $55.63M | $60.76M | $68.03M | $69.8M | $4.88M | $0 | $67.95M |
| Selling, General, and Administrative | $216.76M | $234.27M | $249.15M | $269.8M | $244.86M | $907K | $198.14M |
| Other | $144.73M | $148.19M | $170.24M | $183.31M | $210.17M | -$2M | $555.1M |
| Total Operating Expenses | $417.12M | $443.22M | $487.42M | $522.91M | $459.92M | $907K | $821.19M |
| Operating Income (EBIT) | -$39.08M | -$47.1M | -$87.34M | -$119.8M | -$83.24M | -$907K | -$403.22M |
| Operating Margin | -7.6% | -8.9% | -15.8% | -21.6% | -15.8% | - | -78.4% |
| Interest Expense | $58.47M | $63.52M | $65.33M | $53.49M | $429.96M | $0 | $429.96M |
| Interest Income | $1.86M | $3.53M | $3.56M | $531K | $136K | $2.52M | $306K |
| Other Income (Expense) | -$114.45M | -$80.55M | -$278.21M | -$654.62M | -$11.33M | -$71.07M | -$434.78M |
| Income Before Tax (EBT) | -$153.53M | -$127.65M | -$365.55M | -$774.42M | -$94.58M | -$71.97M | -$837.99M |
| Income Tax Expense | -$13.71M | -$5.74M | -$16.27M | -$40.97M | -$6.46M | $487K | $11.21M |
| Net Income | -$139.82M | -$121.91M | -$349.29M | -$724.96M | -$70.21M | -$72.46M | -$849.21M |
| Net Income Margin | -27.3% | -23.0% | -63.1% | -130.6% | -13.3% | - | -165.2% |
| Supplementary Data | |||||||
| EPS | -16.27 | -14.87 | -43.38 | -91.20 | -14.43 | -16.80 | -41.02 |
| Diluted EPS | -16.27 | -14.87 | -43.38 | -91.20 | -14.43 | -16.80 | -41.02 |
| Weighted Average OS | 8.59M | 8.20M | 8.05M | 7.94M | 6.66M | 4.31M | 20.70M |
| EBITDA | $32.28M | $66.46M | -$143.69M | -$594.35M | $97.59M | $0 | -$301.95M |
| EBITDA Margin | 6.3% | 12.5% | -26.0% | -107.1% | 18.5% | - | -58.7% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $100.82M | $100.77M | $136.31M | $170.36M | $152.19M | $3.87M | $2.24M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $100.82M | $100.77M | $136.31M | $170.36M | $152.19M | $3.87M | $2.24M |
| Accounts Receivable | $175.99M | $179.81M | $187.89M | $189.22M | $178.27M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $33.8M | $25.9M | $34.6M | $20.46M | $65.25M | $0 | $0 |
| Total Current Assets | $310.6M | $332.85M | $385.33M | $405.74M | $420.35M | $3.97M | $2.54M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $0 | $4.94M | $14.68M | $24.78M | $29.46M | $0 | $0 |
| Goodwill | $296.3M | $317.07M | $317.07M | $457.74M | $795.81M | $0 | $0 |
| Intangible Assets | $308.03M | $427.22M | $539.29M | $738.07M | $793.86M | $0 | $0 |
| Long-Term Investments | $0 | $2.49M | $1.2M | $0 | $0 | $696.96M | $695.3M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $17.05M | $0 | $0 |
| Other Long-Term Assets | $77.96M | $21.5M | $16.05M | $16.35M | $182.47M | $0 | $0 |
| Total Long-Term Assets | $682.29M | $773.22M | $888.3M | $1.24B | $1.82B | $696.96M | $695.3M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $992.89M | $1.11B | $1.27B | $1.64B | $2.24B | $700.93M | $697.84M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $21.31M | $13.46M | $14.51M | $18.34M | $24.16M | $635K | $257K |
| Short-Term Debt | $9.03M | $7.4M | $51.38M | $46.1M | $79.43M | $3.1M | $0 |
| Current Income Tax Payable | $0 | $9.53M | $2.11M | $5.42M | $7.69M | $95K | $0 |
| Current Unearned Revenue | $274.88M | $282.3M | $282.57M | $280.68M | $259.7M | $0 | $0 |
| Other Current Liabilities | $19.93M | $47.8M | $27.83M | $34.33M | $95.16M | $635K | -$257K |
| Total Current Liabilities | $373M | $376.98M | $413.23M | $425.11M | $545.72M | $3.84M | $257K |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $570.77M | $573.27M | $577.49M | $581.82M | $462.19M | $0 | $0 |
| Long-Term Unearned Revenue | $1.12M | $1.66M | $2.4M | $1.78M | $1.25M | $21.37M | $0 |
| Long-Term Deferred Tax Liabilities | $63.71M | $42.04M | $52.15M | $81.51M | $116.44M | $976 | $10K |
| Other Long-Term Liabilities | $8.06M | $11.85M | $13.53M | $8.77M | $41.75M | $149.71M | $77.73M |
| Total Long-Term Liabilities | $650.12M | $635.24M | $654.82M | $685.82M | $633.37M | $149.71M | $77.74M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.02B | $1.01B | $1.07B | $1.11B | $1.18B | $153.55M | $78M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1K | $1K | $1K | $1K | $11K | $542.38M | $614.84M |
| Retained Earnings | -$1.58B | -$1.44B | -$1.32B | -$972.19M | -$247.23M | -$87.14M | -$14.68M |
| Comprehensive Income & Other | -$12.92M | -$16.92M | -$13.05M | -$14.79M | $970K | $0 | $0 |
| Other Stockholders' Equity | $1.55B | $1.54B | $1.53B | $1.5B | $1.31B | $92.14M | $19.68M |
| Total Equity | -$30.23M | $93.85M | $205.59M | $531.76M | $1.06B | $547.38M | $619.84M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $992.89M | $1.11B | $1.27B | $1.64B | $2.24B | $700.93M | $697.84M |
| Supplementary Data | |||||||
| Total Debt | $586.26M | $588.89M | $641.17M | $644.06M | $559.75M | $3.1M | $0 |
| Net Debt | $485.45M | $488.13M | $504.86M | $473.7M | $407.56M | -$770K | -$2.24M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$139.82M | -$121.91M | -$349.29M | -$56.34M | $7.9M | $1.12M | -$849.21M |
| Depreciation & Amortization | $127.35M | $130.59M | $155.84M | $183.2M | $146.1M | $2.91M | $106.08M |
| Deferred Income Tax | -$8.35M | -$9.99M | -$22.07M | -$43.08M | -$18.67M | -$9K | $5.76M |
| Stock-Based Compensation | $13.24M | $19.59M | $31.07M | $36.62M | $22M | $0 | $83K |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $7.37M | $4.09M | -$2.09M | -$1.56M | $2.04M | $0 | $23.68M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $248.25M |
| Accounts Payable | $7.5M | -$855K | -$3.85M | -$5.98M | -$2.88M | $378K | -$6.58M |
| Other Working Capital | -$20.17M | $2.97M | -$9.85M | -$34.49M | $18.38M | $304K | -$21.14M |
| Total Working Capital Change | -$5.29M | $6.2M | -$15.79M | -$42.03M | $17.54M | $682K | $244.2M |
| Other Non-Cash Items | $37.93M | $5.49M | $203.05M | -$99.3M | -$112.83M | -$5.42M | $455.67M |
| Net Cash from Operating | $25.05M | $29.96M | $2.82M | -$20.93M | $62.03M | -$721K | -$37.41M |
| Investing Activities | |||||||
| Capital Expenditures | -$1.77M | -$1.6M | -$4.18M | -$15.27M | -$12.99M | $0 | -$17.4M |
| Acquisitions | $0 | $0 | $0 | -$26.92M | -$561.61M | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$690M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$16.79M | -$16.75M | -$18.86M | $161.64M | -$5.57M | $856K | $690M |
| Net Cash from Investing | -$18.55M | -$18.36M | -$23.04M | -$42.18M | -$574.6M | $856K | -$17.4M |
| Financing Activities | |||||||
| Debt Repaid | $4.8M | $6.4M | $6.4M | -$119.29M | $88.24M | - | $7.4M |
| Common Stock Issuance | -$3.25M | -$1.13M | $0 | $0 | $0 | $0 | $693.61M |
| Common Stock Repurchases | $0 | $0 | -$8.05M | -$2.85M | -$2.13M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$43.98M | -$1.65M | -$4.28M | $530.71M | $0 | -$693.61M |
| Net Cash from Financing | -$8.05M | -$51.51M | -$10.81M | $77.23M | $440.35M | $1.5M | $57.8M |
| Forex Effect | $2.7M | -$3.28M | $1K | -$5.48M | $220.53M | $0 | $348K |
| Net Change in Cash | $1.14M | -$43.19M | -$31.03M | $8.63M | $148.32M | $1.64M | $3.34M |
| Supplementary Data | |||||||
| Operating Cash Flow | $25.05M | $29.96M | $2.82M | -$20.93M | $62.03M | -$721K | -$37.41M |
| Capital Expenditure | -$1.77M | -$18.37M | -$17.9M | -$15.27M | -$12.99M | $0 | -$17.4M |
| Free Cash Flow | $23.28M | $11.6M | -$15.09M | -$36.2M | $49.05M | -$721K | -$54.81M |
| Cash at Beginning | $103.34M | $146.52M | $177.56M | $152.19M | $3.87M | $2.24M | $30.47M |
| Cash at End | $104.48M | $103.34M | $146.52M | $177.56M | $152.19M | $3.87M | $33.8M |