$315 M

SkillSoft Revenue FY, 2010
SkillSoft Revenue growth (FY, 2009 - FY, 2010), %(4%)
SkillSoft Gross profit (FY, 2010)285.4 M
SkillSoft Gross profit margin (FY, 2010), %90.6%
SkillSoft Net income (FY, 2010)71.4 M
SkillSoft EBIT (FY, 2010)103.2 M
SkillSoft Cash, 31-Jan-201076.7 M

SkillSoft Revenue

SkillSoft revenue was $314.97 m in FY, 2010 which is a 4.1% year over year decrease from the previous period.

Embed Graph

SkillSoft Funding

Summary Metrics

Founding Date

1998

Time since last funding

21 years ago

SkillSoft investors

SkillSoft Revenue Breakdown

Embed Graph

SkillSoft revenue breakdown by geographic segment: 75.3% from United States and 24.7% from International

SkillSoft Income Statement

Annual

USDFY, 2008FY, 2009FY, 2010

Revenue

281.2m328.5m315.0m

Revenue growth, %

17%(4%)

Cost of goods sold

38.1m41.2m29.6m

Gross profit

243.2m287.3m285.4m

Gross profit Margin, %

86%87%91%

Sales and marketing expense

97.5m108.4m95.6m

R&D expense

49.6m49.5m43.8m

General and administrative expense

34.6m36.8m34.7m

Operating expense total

206.6m208.3m182.2m

EBIT

36.5m79.0m103.2m

EBIT margin, %

13%24%33%

Interest expense

12.6m14.2m7.6m

Interest income

3.9m1.6m269.0k

Pre tax profit

28.1m67.8m94.9m

Income tax expense

(31.6m)19.0m23.6m

Net Income

60.0m50.8m71.4m

SkillSoft Balance Sheet

Annual

USDFY, 2008FY, 2009FY, 2010

Cash

76.1m37.9m76.7m

Accounts Receivable

171.7m146.4m141.8m

Prepaid Expenses

29.1m18.3m23.4m

Current Assets

307.8m233.8m277.2m

PP&E

7.2m7.7m6.3m

Goodwill

256.2m238.6m238.6m

Total Assets

696.7m575.1m586.2m

Accounts Payable

2.1m5.6m4.5m

Short-term debt

2.0m1.3m865.0k

Current Liabilities

277.4m245.7m247.1m

Long-term debt

197.0m122.1m83.5m

Non-Current Liabilities

206.2m125.4m87.9m

Total Debt

199.0m123.4m84.4m

Common Stock

12.4m10.6m10.0m

Additional Paid-in Capital

591.3m509.2m482.6m

Retained Earnings

(361.7m)(310.9m)(239.5m)

Total Equity

213.1m204.1m251.2m

Debt to Equity Ratio

0.9 x0.6 x0.3 x

Debt to Assets Ratio

0.3 x0.2 x0.1 x

Financial Leverage

3.3 x2.8 x2.3 x

SkillSoft Cash Flow

Annual

USDFY, 2008FY, 2009FY, 2010

Net Income

60.0m50.8m71.4m

Depreciation and Amortization

6.9m5.3m4.6m

Accounts Receivable

(43.3m)17.0m9.2m

Accounts Payable

(2.6m)3.4m(1.2m)

Cash From Operating Activities

22.2m97.7m111.3m

Purchases of PP&E

(3.0m)(5.7m)(3.2m)

Cash From Investing Activities

(202.7m)13.6m(4.7m)

Long-term Borrowings

(1.0m)(75.6m)(39.0m)

Cash From Financing Activities

205.4m(146.5m)(69.7m)

Net Change in Cash

27.4m(38.2m)38.8m

Interest Paid

10.3m13.3m4.7m

Income Taxes Paid

2.9m4.6m8.7m

SkillSoft Ratios

USDFY, 2008

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x

SkillSoft Operating Metrics

SkillSoft's Enterprise Customers was reported to be 3 k in FY, 2010. SkillSoft's Backlog was reported to be $239m in FY, 2010. SkillSoft's Users was reported to be 10.5 m in FY, 2010.
FY, 2008FY, 2009FY, 2010Y, 2014Y, 2015Y, 2016Y, 2017Y, 2018Mar, 2019Jan, 2020

Users

10 m10.50 m10.50 m

Enterprise Customers

3 k3 k3 k

Backlog

$255 m$239 m$239 m

Titles (Books24x7)

18.50 k22 k25 k

Book Publisher Imprints (Books24x7)

330 340 560

Courses

6.60 k7.50 k6.69 k

Book Titles

89.97 k

Countries

160 160

Courses, Videos and Books

165 k1.65 m

Courses, Videos and Books Accessed Monthly

130 m130 m

Imprints

929

Languages

29 29

New Book Titles

49.66 k16.27 k8.41 k10 k5.57 k57

Pieces of Content Delivered to Date

1 b

Publishing Partners

266 266

Title Pages

14.93 m

Users to Date

400 m

SkillSoft Employee Rating

2.9570 votes
Culture & Values
2.7
Work/Life Balance
3.2
Senior Management
2.6
Salary & Benefits
3
Career Opportunities
2.6
Source