Skillsoft Corp Class A (SKIL)

Skillsoft's stock price has experienced significant volatility over the past six months. Key events impacting the stock include Q3 FY2026 earnings, which fell short of analyst expectations, and Q1 FY2026 results, which showed improved profitability. Q3 FY2025 results exceeded revenue expectations, and Q4 FY2025 surpassed adjusted EBITDA expectations. Skillsoft is exploring strategic alternatives for its Global Knowledge segment and launching its AI-driven Principio platform. There have also been leadership changes, with Jeff Tarr retiring as CEO and Ron Hovsepian stepping in as the new Executive Chair and Principal Executive Officer.

Skillsoft experiences demand seasonality for its products and services. The first quarter is typically the smallest for its Content & Platform segment, and the third quarter is generally a weaker cash flow quarter seasonally. The company anticipates a seasonal pattern with quarterly adjusted EBITDA margins.

Skillsoft Corp. is a global leader in corporate digital learning and cloud-based learning and talent management solutions, operating within the Education & Training Services sector. The company's mission is to make skills accessible globally, fostering continuous learning and enabling businesses to navigate the evolving work landscape. Skillsoft delivers its products and services through two primary segments: Content & Platform, focusing on digital learning solutions, and Instructor-Led Training, providing training solutions for information technology and business skills.

Skillsoft has a significant global presence, serving customers in over 160 countries and reaching more than 45 million learners worldwide. Approximately 70% of the Fortune 1000 companies are among its clientele. The company operates in various international locations, including the US, France, India, the Netherlands, Egypt, and Ireland.

Skillsoft is actively investing in AI-driven innovation, indicated by the growth in its AI learner base and learning hours, and securing multi-year contracts. However, the decline in stock price and revenue misses could impact investor and customer confidence. The exploration of strategic alternatives for the Global Knowledge segment also points to areas needing improvement.

Skillsoft Corp. has a diverse ownership structure, with 134 institutional owners holding a total of 3,631,871 shares. Major institutional shareholders include Paradice Investment Management LLC, AREX Capital Management, LP, and Lodbrok Capital LLP. Significant individual insider holders include NASPERS LTD, Churchill Sponsor II LLC, Zachary Sims, Michael Stuart Klein, and Ronald W. Hovsepian.