Skillsoft Corp. announced its financial results for the third quarter of fiscal 2025, ended October 31, 2024, on December 10, 2024. The company reported strong revenue execution, improved profitability, and positive free cash flow, marking the first step in executing its transformation strategy.
For the full fiscal year ending January 31, 2025, Skillsoft updated its GAAP revenue guidance to a range of $520 million to $530 million, raising and tightening the previous range. The adjusted EBITDA outlook was reaffirmed at $105 million to $110 million, reflecting confidence in operational execution.
The Talent Development Solutions (TDS) segment revenue was $102.8 million in Q4 FY25, an increase of 1% year-over-year, with a dollar retention rate of approximately 105%. The company also highlighted nearly 1 million launches of its AI simulator, Skillsoft CAISY, by individual learners and through its limited preview program with 100 enterprise organizations.
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