Cash flow Skillsoft Corp.

Equities

SKIL

US83066P3091

Professional & Business Education

Market Closed - Nyse Other stock markets 04:00:02 2025-06-16 pm EDT			5-day change	1st Jan Change
17.96 ^USD	+14.69%		+0.34%	-25.04%

Jun. 11	Skillsoft Corp., Q1 2026 Earnings Call, Jun 09, 2025
Jun. 11	Skillsoft and Salesforce Partner to Build More Effective Customer Support Teams Through AI-Powered Learning	CI

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Published financial data: SKILLSOFT CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2020	2022	2023	2024	2025
Revenues	-	642M	555M	553M	531M
Total Revenues	-	642M	555M	553M	531M
Cost of Goods Sold, Total	-	190M	152M	153M	135M
Gross Profit	-	452M	403M	400M	396M
Selling General & Admin Expenses, Total	2.91M	267M	282M	267M	254M
R&D Expenses	-	70.02M	69.8M	68.03M	60.76M
Amortization of Goodwill and Intangible Assets - (IS)	-	144M	170M	153M	127M
Other Operating Expenses	-	-	843K	327K	828K
Other Operating Expenses, Total	2.91M	481M	523M	487M	443M
Operating Income	-2.91M	-29.07M	-120M	-87.34M	-47.1M
Interest Expense, Total	-	-36.55M	-53.49M	-62.58M	-62.23M
Interest And Investment Income	2.52M	141K	531K	3.56M	3.53M
Net Interest Expenses	2.52M	-36.41M	-52.96M	-59.02M	-58.7M
Currency Exchange Gains (Loss)	-	-	3.8M	-1.99M	677K
Other Non Operating Income (Expenses)	2M	23.39M	22.24M	4.75M	-
EBT, Excl. Unusual Items	1.61M	-42.09M	-147M	-144M	-105M
Restructuring Charges	-	-5.54M	-12.29M	-13.98M	-18.27M
Merger & Related Restructuring Charges	-	-30.29M	-30.66M	-5.06M	-4.25M
Impairment of Goodwill	-	-	-641M	-142M	-
Gain (Loss) On Sale Of Investments	1.28K	-	-	-	-
Asset Writedown	-	-	-	-60.5M	-
EBT, Incl. Unusual Items	1.61M	-77.92M	-831M	-365M	-128M
Income Tax Expense	487K	-7.71M	-40.97M	-16.26M	-5.74M
Earnings From Continuing Operations	1.12M	-70.21M	-790M	-349M	-122M
Earnings Of Discontinued Operations	-	-	65.1M	-682K	-
Net Income to Company	1.12M	-70.21M	-725M	-349M	-122M
Net Income - (IS)	1.12M	-70.21M	-725M	-349M	-122M
Net Income to Common Incl Extra Items	1.12M	-70.21M	-725M	-349M	-122M
Net Income to Common Excl. Extra Items	1.12M	-70.21M	-790M	-349M	-122M
Per Share Items
Net EPS - Basic	0.05	-10.55	-91.26	-43.38	-14.87
Basic EPS - Continuing Operations	0.05	-10.55	-99.45	-43.29	-14.87
Basic Weighted Average Shares Outstanding	20.7M	6.66M	7.94M	8.05M	8.2M
Net EPS - Diluted	0.05	-10.55	-91.26	-43.38	-14.87
Diluted EPS - Continuing Operations	0.05	-10.55	-99.45	-43.29	-14.87
Diluted Weighted Average Shares Outstanding	20.7M	6.66M	7.94M	8.05M	8.2M
Normalized Basic EPS	0.05	-3.95	-11.54	-11.15	-8.01
Normalized Diluted EPS	0.05	-3.95	-11.54	-11.15	-8.01
Supplemental Items
EBITDA	-	125M	62.2M	63.6M	74.89M
EBITA	-2.91M	115M	55.69M	60.27M	71.52M
EBIT	-2.91M	-29.07M	-120M	-87.34M	-47.1M
EBITDAR	-	-	68M	68.6M	77.09M
Effective Tax Rate - (Ratio)	30.21	9.9	4.93	4.46	4.5
Current Domestic Taxes	495K	-32.57M	-1.66M	1.14M	1.09M
Current Foreign Taxes	-	3.22M	4.72M	4.66M	3.16M
Total Current Taxes	495K	-29.35M	3.05M	5.8M	4.25M
Deferred Domestic Taxes	-	36.1M	-22.02M	-34K	57K
Deferred Foreign Taxes	-	-14.47M	-22.01M	-22.03M	-10.05M
Total Deferred Taxes	-8.68K	21.64M	-44.03M	-22.07M	-9.99M
Normalized Net Income	1.01M	-26.31M	-91.7M	-89.75M	-65.7M
Interest on Long-Term Debt	-	-	3.9M	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	31.18M	27.2M	21.6M
Selling and Marketing Expenses	-	159M	173M	171M	163M
General and Administrative Expenses	-	108M	109M	95.57M	91.54M
Research And Development Expense From Footnotes	-	70.02M	71M	72.93M	69.36M
Net Rental Expense, Total	-	-	5.8M	5M	2.2M
Imputed Operating Lease Interest Expense	-	-	4.12M	3.89M	1.78M
Imputed Operating Lease Depreciation	-	-	1.68M	1.11M	419K
Stock-Based Comp., COGS (Total)	-	-	232K	762K	583K
Stock-Based Comp., R&D Exp. (Total)	-	1.34M	8.85M	6.29M	4.58M
Stock-Based Comp., S&M Exp. (Total)	-	3.06M	7.34M	3.79M	3.65M
Stock-Based Comp., G&A Exp. (Total)	-	17.59M	20.2M	20.22M	10.77M
Total Stock-Based Compensation	-	22M	36.62M	31.07M	19.59M

Fiscal Period: January	2020	2022	2023	2024	2025
Assets
Cash And Equivalents	3.87M	155M	170M	136M	101M
Short Term Investments	-	633K	-	-	-
Total Cash And Short Term Investments	3.87M	155M	170M	136M	101M
Accounts Receivable, Total	-	212M	184M	186M	179M
Other Receivables	-	15.96M	5.63M	2.25M	817K
Total Receivables	-	228M	189M	188M	180M
Prepaid Expenses	94.3K	20.16M	25.7M	26.54M	26.38M
Restricted Cash	-	14.25M	7.2M	10.22M	2.57M
Other Current Assets, Total	-	9.08M	13.26M	24.38M	23.33M
Total Current Assets	3.97M	427M	406M	385M	333M
Gross Property Plant And Equipment	-	43.7M	27.81M	20.33M	-
Accumulated Depreciation	-	-5.69M	-3.02M	-5.65M	-
Net Property Plant And Equipment	-	38.01M	24.78M	14.68M	8.13M
Long-term Investments	-	-	-	1.2M	2.49M
Goodwill	-	872M	458M	317M	317M
Other Intangibles, Total	-	869M	738M	539M	427M
Deferred Charges Long-Term	-	8.42M	12.22M	13.44M	16.4M
Other Long-Term Assets, Total	697M	7.31M	4.12M	2.62M	1.91M
Total Assets	701M	2.22B	1.64B	1.27B	1.11B
Liabilities
Accounts Payable, Total	626K	25.66M	18.34M	14.51M	13.46M
Accrued Expenses, Total	9.98K	91.78M	70.37M	59.6M	72.03M
Short-term Borrowings	1.5M	74.63M	39.69M	44.98M	1M
Current Portion of Long-Term Debt	-	4.8M	6.4M	6.4M	6.4M
Current Portion of Leases	-	6.9M	4.2M	3.05M	1.79M
Current Income Taxes Payable	95.3K	7.8M	5.42M	2.11M	-
Unearned Revenue Current, Total	-	332M	281M	283M	282M
Other Current Liabilities	-	2.55M	-	-	-
Total Current Liabilities	2.23M	546M	425M	413M	377M
Long-Term Debt	-	462M	583M	577M	573M
Long-Term Leases	-	13.36M	11.95M	9.25M	6.43M
Unearned Revenue Non Current	-	1.25M	1.78M	2.4M	1.66M
Deferred Tax Liability Non Current	976	99.91M	73.98M	52.15M	42.04M
Other Non Current Liabilities	694M	39.63M	14.75M	13.53M	11.85M
Total Liabilities	696M	1.16B	1.11B	1.07B	1.01B
Common Stock, Total	1.97K	11K	14K	1K	1K
Additional Paid In Capital	398K	1.31B	1.52B	1.55B	1.57B
Retained Earnings	4.6M	-247M	-972M	-1.32B	-1.44B
Treasury Stock	-	-	-2.84M	-10.89M	-10.89M
Comprehensive Income and Other	-	970K	-14.79M	-13.05M	-16.92M
Total Common Equity	5M	1.06B	532M	206M	93.85M
Total Equity	5M	1.06B	532M	206M	93.85M
Total Liabilities And Equity	701M	2.22B	1.64B	1.27B	1.11B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.7M	8.15M	8.03M	8.09M	8.32M
ECS Total Common Shares Outstanding	20.7M	6.66M	8.18M	8.08M	8.32M
Book Value / Share	0.24	159.07	64.98	25.44	11.28
Tangible Book Value	5M	-681M	-664M	-651M	-650M
Tangible Book Value Per Share	0.24	-102.22	-81.15	-80.54	-78.21
Total Debt	1.5M	562M	646M	641M	589M
Net Debt	-2.37M	407M	475M	505M	488M
Debt Equivalent Oper. Leases	-	-	46.4M	40M	17.6M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	-	16.26M	7.89M	8.52M	-
Full Time Employees	-	2.94K	2.32K	2.26K	2.2K
Part Time Employees	2	-	107	56	61
Accumulated Allowance for Doubtful Accounts (Supple)	-	600K	221K	562K	501K

Fiscal Period: January	2020	2022	2023	2024	2025
Net Income	1.12M	-70.21M	-725M	-349M	-122M
Depreciation & Amortization - CF	-	15.54M	6.51M	3.33M	3.37M
Amortization of Goodwill and Intangible Assets - (CF)	-	144M	175M	148M	119M
Depreciation & Amortization, Total	-	159M	182M	151M	122M
Amortization of Deferred Charges, Total - (CF)	-	-	1.2M	4.9M	8.6M
(Gain) Loss on Sale of Investments - (CF)	-1.28K	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	641M	207M	2.62M
Stock-Based Compensation (CF)	-	22M	36.62M	31.07M	19.59M
Provision and Write-off of Bad Debts	-	411K	375K	341K	-61K
Net Cash From Discontinued Operations	-	-	-56.62M	682K	-
Other Operating Activities, Total	-2.53M	-44.11M	-58.87M	-27.5M	-6.92M
Change In Accounts Receivable	-	-130M	-1.56M	-2.09M	4.09M
Change In Accounts Payable	378K	2.97M	-5.98M	-3.85M	-855K
Change in Unearned Revenues	-	92.23M	2.23M	2.2M	2.09M
Change In Income Taxes	122K	-	-	-	-
Change in Other Net Operating Assets	181K	9.49M	-36.72M	-12.05M	729K
Cash from Operations	-721K	42.34M	-20.93M	2.82M	29.96M
Capital Expenditure	-	-9.43M	-4.91M	-4.18M	-1.6M
Sale of Property, Plant, and Equipment	-	-	-	-	10K
Cash Acquisitions	-	-842M	-199M	-	-
Divestitures	-	-	172M	-5.14M	-
Sale (Purchase) of Intangible assets	-	-5.57M	-10.35M	-13.72M	-16.76M
Other Investing Activities, Total	856K	-	-	-	-
Cash from Investing	856K	-857M	-42.18M	-23.04M	-18.36M
Short Term Debt Issued, Total	1.5M	40.35M	-	5.29M	-
Long-Term Debt Issued, Total	-	464M	157M	-	-
Total Debt Issued	1.5M	757M	157M	5.29M	-
Short Term Debt Repaid, Total	-	-	-34.94M	-	-43.98M
Long-Term Debt Repaid, Total	-	-608M	-37.8M	-6.4M	-6.4M
Total Debt Repaid	-	-912M	-72.73M	-6.4M	-50.38M
Issuance of Common Stock	-	795M	-	-	-
Repurchase of Common Stock	-	-2.13M	-7.12M	-9.7M	-1.13M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	1.5M	638M	77.23M	-10.81M	-51.51M
Foreign Exchange Rate Adjustments	-	-2.43M	-5.48M	1K	-3.28M
Net Change in Cash	1.64M	-179M	8.63M	-31.03M	-43.19M
Supplemental Items
Cash Interest Paid	-	19.45M	49.08M	64.23M	63.11M
Cash Income Tax Paid (Refund)	373K	2.35M	4.16M	5.84M	3.7M
Levered Free Cash Flow	-1.14M	-	64.82M	45.65M	89.41M
Unlevered Free Cash Flow	-1.14M	-	98.25M	84.76M	128M
Change In Net Working Capital	-682K	-	31.43M	29.66M	-25.93M
Net Debt Issued / Repaid	1.5M	-155M	84.36M	-1.12M	-50.38M

Fiscal Period: January	2020	2022	2023	2024	2025
Profitability
Return on Assets	-0.26	-	-3.87	-3.74	-2.47
Return on Total Capital	-31.6	-	-5.35	-5.39	-3.85
Return On Equity %	22.49	-	-99.28	-94.56	-81.43
Return on Common Equity	22.49	-	-99.28	-94.56	-81.43
Margin Analysis
Gross Profit Margin %	-	70.45	72.62	72.32	74.6
SG&A Margin	-	41.64	50.8	48.18	47.91
EBITDA Margin %	-	19.43	11.2	11.5	14.1
EBITA Margin %	-	17.89	10.03	10.89	13.47
EBIT Margin %	-	-4.53	-21.58	-15.79	-8.87
Income From Continuing Operations Margin %	-	-10.94	-142.32	-63.01	-22.96
Net Income Margin %	-	-10.94	-130.59	-63.13	-22.96
Net Avail. For Common Margin %	-	-10.94	-142.32	-63.01	-22.96
Normalized Net Income Margin	-	-4.1	-16.52	-16.22	-12.37
Levered Free Cash Flow Margin	-	-	11.68	8.25	16.84
Unlevered Free Cash Flow Margin	-	-	17.7	15.32	24.16
Asset Turnover
Asset Turnover	-	-	0.29	0.38	0.45
Fixed Assets Turnover	-	-	20.47	28.04	46.55
Receivables Turnover (Average Receivables)	-	-	3.11	3	2.91
Short Term Liquidity
Current Ratio	1.78	0.78	0.95	0.93	0.88
Quick Ratio	1.74	0.7	0.85	0.78	0.74
Operating Cash Flow to Current Liabilities	-0.32	0.08	-0.05	0.01	0.08
Days Sales Outstanding (Average Receivables)	-	-	117.52	121.8	125.66
Average Days Payable Outstanding	-	-	51.02	39.14	37.95
Long Term Solvency
Total Debt/Equity	30	53.01	121.41	311.87	627.51
Total Debt / Total Capital	23.08	34.65	54.84	75.72	86.25
LT Debt/Equity	-	44.87	111.95	285.4	617.71
Long-Term Debt / Total Capital	-	29.32	50.56	69.29	84.91
Total Liabilities / Total Assets	99.29	52.3	67.63	83.86	91.52
EBIT / Interest Expense	-	-0.8	-2.24	-1.4	-0.76
EBITDA / Interest Expense	-	3.59	1.27	1.1	1.24
(EBITDA - Capex) / Interest Expense	-	3.33	1.18	1.03	1.21
Total Debt / EBITDA	-	4.29	9.49	9.35	7.64
Net Debt / EBITDA	-	3.1	6.99	7.36	6.33
Total Debt / (EBITDA - Capex)	-	4.62	10.23	9.95	7.8
Net Debt / (EBITDA - Capex)	-	3.34	7.53	7.84	6.47
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	5.18	-0.34	-4.02
Gross Profit, 1 Yr. Growth %	-	-	7.02	-0.75	-0.99
EBITDA, 1 Yr. Growth %	-	-	-34.26	13.87	17.75
EBITA, 1 Yr. Growth %	192.7	-	-34.31	22.14	18.66
EBIT, 1 Yr. Growth %	192.7	-	147.01	-27.1	-46.07
Earnings From Cont. Operations, 1 Yr. Growth %	-82.03	-	796.59	-55.88	-65.03
Net Income, 1 Yr. Growth %	-82.03	-	932.58	-51.82	-65.1
Normalized Net Income, 1 Yr. Growth %	-79.52	-	145.22	-2.13	-26.79
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	651.35	-56.47	-65.66
Accounts Receivable, 1 Yr. Growth %	-	-	5.59	1.11	-3.58
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-15.88	-40.75	-44.62
Total Assets, 1 Yr. Growth %	0.44	-	-26.07	-22.47	-13.16
Tangible Book Value, 1 Yr. Growth %	0	-	25.35	-2	-0.05
Common Equity, 1 Yr. Growth %	0	-	-49.83	-61.34	-54.35
Cash From Operations, 1 Yr. Growth %	-73.35	-	-149.44	-113.46	963.34
Capital Expenditures, 1 Yr. Growth %	-	-	-47.89	-14.9	-61.66
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-20.61	95.85
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	-7.77	51.36
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	2.38	-2.2
Gross Profit, 2 Yr. CAGR %	-	-	-	3.06	-0.87
EBITDA, 2 Yr. CAGR %	-	-	-	-18.01	15.79
EBITA, 2 Yr. CAGR %	-	-	-	-15.68	20.39
EBIT, 2 Yr. CAGR %	-	-	-	34.19	-37.3
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-	98.9	-60.72
Net Income, 2 Yr. CAGR %	-	-	-	123.05	-58.99
Normalized Net Income, 2 Yr. CAGR %	-	-	-	54.92	-15.35
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	80.85	-61.34
Accounts Receivable, 2 Yr. CAGR %	-	-	-	3.33	-1.26
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-29.41	-42.72
Total Assets, 2 Yr. CAGR %	-	-	-	-24.29	-17.94
Tangible Book Value, 2 Yr. CAGR %	-	-	-	10.83	-1.03
Common Equity, 2 Yr. CAGR %	-	-	-	-55.96	-57.99
Cash From Operations, 2 Yr. CAGR %	-	-	-	-74.2	19.64
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-33.41	-42.88
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	24.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	18.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	0.2
Gross Profit, 3 Yr. CAGR %	-	-	-	-	1.69
EBITDA, 3 Yr. CAGR %	-	-	-	-	-7.49
EBITA, 3 Yr. CAGR %	-	-	-	-	-5.51
EBIT, 3 Yr. CAGR %	-	-	-	-	-0.97
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	-	11.43
Net Income, 3 Yr. CAGR %	-	-	-	-	20.19
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-	20.67
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	3.95
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	0.97
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	-34.89
Total Assets, 3 Yr. CAGR %	-	-	-	-	-20.75
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-	7.08
Common Equity, 3 Yr. CAGR %	-	-	-	-	-55.43
Cash From Operations, 3 Yr. CAGR %	-	-	-	-	-10.88
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-44.6