secwatch.observer — SEC 8-K summary
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Issuer:     Skillsoft Corp. (SKIL)
CIK:        0001774675
Form:       8-K
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0001437749-23-010001
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skillsoft beats FY revenue outlook; Q4 content bookings up 4% constant currency, guides FY2024 revenue $555-585M
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- Full year GAAP revenue $555M; GAAP net loss $725M; adjusted EBITDA $107M (margin 19%).
- Q4 GAAP revenue $140M, net loss $53M, adjusted EBITDA $22M (margin 16%).
- Skillsoft Content segment bookings grew 5% YoY constant currency full year; Global Knowledge bookings down 16%.
- LTM Dollar Retention Rate ~100% in Q4 (vs ~97% prior year).
- FY2024 guidance: Bookings $610-640M, revenue $555-585M, adjusted EBITDA $100-105M; cash $170M, net leverage 4.5x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1774675/000143774923010001/0001437749-23-010001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1774675/000143774923010001/skil20230216_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-010001

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