NYSE$SKIL

Skillsoft Corp · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported strong financial results.

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%.

Headline financials

Total Revenue

$166M

Previous: $109M+52.8%
EPS (adj)

$1.20

Previous: -$0.84+242.9%
Capital Expenditures

$1.94M

Previous: $2.33M-16.8%
Free Cash Flow

$26.8M

Previous: -$2.12M+1363.7%
Net Income

$7.9M

Previous: -$179K+4519.0%
Operating Income

-$22.4M

Previous: -$138K-16117.8%
Gross Profit

$117M

Previous: $67.9M+71.9%
Cash & Equivalents

$155M

Previous: $45.3M+241.1%
Total Assets

$2.22B

Previous: $1.55B+43.8%
Stock-Based Comp

$5.63M

No prior period

Revenue & EPS history

Skillsoft · Revenue · Quarterly

$166M

Q4 2022+52.8%vs Q4 2021
Beat estimate in 1 of 9 quarters(11%)
ActualEstimate

Revenue by segment

Skillsoft · $94.5M total across 1 segment · Q1 2027

  • Talent Development Solutions
    $94.5M-4.7%

Forward guidance

The Company also provided fiscal 2023 guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-5.1%

Avg return

Earnings day

-6.2%

Avg return

5 days after

-2.1%

Avg return

30 days after

24%

7 / 29 earnings

Positive

+27.1%

Q3 2025

Best reaction

-37.3%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-11.6%
Q4 2026+0.9%-2.1%
Q3 2026-22.1%-14.3%+25.8%
Q2 2026-10.1%-13.6%-6.7%
Q1 2026-3.5%-14.1%-12.0%
Q4 2025+22.0%+26.5%+32.8%
Q3 2025+27.1%+23.4%+101.2%
Q2 2025-6.6%+3.6%+16.0%
Q1 2025+14.9%+6.8%+58.2%
Q4 2024-37.3%-38.6%-4.6%
Q3 2024-10.7%-6.9%-14.6%
Q2 2024-10.4%-10.4%-24.8%
Q1 2024-13.4%-14.6%-22.0%
Q4 2023-14.1%-26.3%-37.1%
Q3 2023-16.0%-26.5%-30.0%
Q2 2023-17.6%-16.2%-41.4%
Q1 2023-19.4%-28.2%-38.7%
Q4 2020-2.7%-8.0%-14.7%
Q4 2022-3.5%+3.5%-8.4%
Q3 2022-4.9%-4.9%-27.1%
Q3 2021-4.9%-4.9%-27.1%
Q2 2022+2.8%+5.6%+25.6%
Q1 2022-8.7%-16.5%-18.9%
Q4 2021-0.1%-0.2%-0.3%
Q2 2021-0.1%-0.2%-0.3%
Q1 2021+0.1%+2.3%+6.2%
Q4 2019+2.3%+2.3%+6.3%
Q3 2019-0.6%-0.3%-0.7%
Q2 2019+0.0%+0.0%+0.2%

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