| Market Capitalization (Millions $) |
144 |
| Shares
Outstanding (Millions) |
8 |
| Employees |
2,943 |
| Revenues (TTM) (Millions $) |
533 |
| Net Income (TTM) (Millions $) |
-658 |
| Cash Flow (TTM) (Millions $) |
204 |
| Capital Exp. (TTM) (Millions $) |
12 |
Skillsoft Corp
Skillsoft is a global leader in corporate digital learning, servicing over 75% of the Fortune 1000, customers in over 160 countries, and a global learner community of over 90 million people. Skillsofts primary learning solutions include: I Percipio, an intelligent and immersive digital learning platform; (ii) Global Knowledge, a global provider of authorized information technology and development training and professional skills; (iii) Codecademy, an online learning platform for technical skills that employs an innovative, scalable approach to online coding education; and (iv) Pluma, which provides individualized coaching via a digital platform.
The Company provides enterprise learning solutions designed to prepare organizations for the future of work, enable them to overcome critical skill gaps, drive demonstrable behavior-change, and unlock the potential in one of their most important assets: their people. The Company's award-winning, AI-driven, immersive learning platform, Percipio, is purpose built to make learning easier, more accessible, and more effective. Percipio is an open, modern and extensible platform designed to meet all of the needs of the enterprise customer. Skillsoft offers a comprehensive suite of premium, original, and authorized partner content, including one of the broadest and deepest libraries of leadership & business, technology & developer, and compliance curricula. With access to a broad spectrum of learning options (including video, audio, books, bootcamps, live events, practice labs and individualized coaching), organizations can meaningfully increase learner engagement and retention. In addition, we believe our recent acquisition of Codecademy will further strengthen our content library, enhance the Percipio platform, broaden our customer reach and create significant cross selling opportunities, positioning us for faster growth.
Skillsoft Percipio provides AI-driven personalization and content recommendations for each learner to enhance their connection with the content and improve their level of engagement. In addition, Percipio's data tracking capabilities support the platform's ability to inform best practices for our customers and deliver insights for product enhancement. We believe our findings have validated that user engagement drives customer retention. Select platform capabilities include:
Open Platform:'Business administrators can upload their own proprietary content alongside Skillsoft original content and other third-party learning assets into channels that are unique for their business. Learners then access content via search, assignments, and recommendations within the platform. In addition, Percipio has the functionality to consolidate and deliver content from other providers, and we partner with numerous content developers to enhance our course offerings.
'Custom Channels and Journeys:'Percipio combines content from various sources into learning journeys. We offer more than 700 skill-based learning paths on a wide range of topics. Additionally, for learners focused on career aspirations, we offer nearly 100 Aspire Journeys, which are offerings that deliver curated learning paths for specific competencies that can also include live instruction capabilities, offering a unique blended learning experience.
'Administrator-Promoted Content and Flexible Assignments:'Employers can facilitate the assignment of online training with one-time-only or recurring options. Assignments can be set to recur by last completion date or due date, with intervals determined by the administrator.
'Powerful Tracking and In-Depth Reporting:'Employers can utilize comprehensive filtering, data export options, and individual and group reporting to view status and training progress. Administrators can also create and save customized reports and configure automatic emails, with training results sent to line managers or supervisors to help drive training completions.
'Training Groups:'Employers can assign training to individual users or defined user groups. Administrators can create user groups, or 'audiences,' based on demographics such as job role, corporate division, or geographic location.
'Records Management:'Employers can track users' access to and completion of assigned courses, while maintaining a complete training history for each user. Users and administrators can access a comprehensive view of an individual's training history, including recurring assignments.
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The platform's broad capabilities are complemented by the impact the platform has on the learner. The platform facilitates an efficient, learner-focused learning environment, supported by content discovery tools that allow the learner to identify content that fit best with their learning objectives and schedules. In addition, the platform's interactive interface displays personalized activity feeds, showing recent activity and training assignments to ensure the learner is apprised of both developmental progress and expectations. Since the platform's inception, we have deployed many value-additive features to further drive learner engagement, including AI-driven email campaigns as well as personalized mobile device notifications.
Percipio's efficacy is supported by customer performance. As compared to customers on our legacy platform, Skillport, customers on Percipio have performed better since January 2020 across a variety of key performance indicators, such as number of active learners, learning hours per user, and number of content launches, among others. This has translated into improved renewal rates for Percipio as compared to our legacy Skillport platform.
Company Address: 7887 E. Belleview Ave, Suite 600 Greenwood Village 80111 CO
Company Phone Number: 821-3902 Stock Exchange / Ticker: NYSE SKIL
| SKIL is expected to report next financial results on December 07, 2023. |
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2.07% 