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SKIL (Skillsoft) Net Income : $-336.1 Mil (TTM As of Oct. 2024)


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What is Skillsoft Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Skillsoft's Net Income for the three months ended in Oct. 2024 was $-23.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Oct. 2024 was $-336.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Skillsoft's Earnings per Share (Diluted) for the three months ended in Oct. 2024 was $-2.86.


Skillsoft Net Income Historical Data

The historical data trend for Skillsoft's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Skillsoft Net Income Chart

Skillsoft Annual Data
Trend Dec19 Jan20 Jan23 Jan24
Net Income
- -849.21 -724.96 -349.29

Skillsoft Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jul21 Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.74 -245.33 -27.64 -39.57 -23.60

Skillsoft Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Skillsoft's Net Income for the fiscal year that ended in Jan. 2024 is calculated as

Net Income(A: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-364.868+16.265+0+-0.68200000000002
=-349.3

Skillsoft's Net Income for the quarter that ended in Oct. 2024 is calculated as

Net Income(Q: Oct. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-25.458+1.859+0+-3.5527136788005E-15
=-23.6

Net Income for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-336.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Skillsoft  (NYSE:SKIL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Skillsoft's Earnings per Share (Diluted) (EPS) for the quarter that ended in Oct. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Skillsoft Net Income Related Terms

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Skillsoft Business Description

Traded in Other Exchanges
N/A
Address
7887 E. Belleview Avenue, Suite 600, Greenwood Village, CO, USA, 80111
Skillsoft Corp is a leader in corporate digital learning. The company's segment includes Content & Platform and Instructor-Led Training. The Content & Platform business engages in the sale, marketing and delivery of its content learning solutions, in areas such as Leadership and Business, Technology and Developer and Compliance. The Instructor-Led Training business offers training solutions covering information technology and business skills for corporations and their employees. The majority of revenue is from the Content & Platform segment.
Executives
Jeffrey R Tarr director, officer: Chief Executive Officer DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Peter Schmitt director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Matthew Glitzer officer: CHIEF REVENUE OFFICER 300 INNOVATIVE WAY, SUITE 201, NASHUA NH 03062
Lawrence Charles Illg director SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Jose Torres officer: Chief Accounting Officer 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Richard Walker officer: Chief Strategy & Corp Dev Ofc C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202
Patrick Kolek director SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Ciara Harrington officer: Interim Chief People Officer C/O SKILLSOFT CORP., 300 INNOVATION WAY, SUITE 201, NASHUA NH 03062-5746
Gary W Ferrera officer: Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Kristi Hummel officer: Chief People Officer 300 INNOVATIVE WAY, SUITE 201, NASHUA NH 03062
Zachary Sims officer: GM Tech & Dev, CEO Codecademy 575 BROADWAY, 5TH FLOOR, NEW YORK NY 10012
Mih Learning B.v. director, 10 percent owner SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Naspers Ltd director, 10 percent owner NASPERS CENTRE PO BOX 2271, CAPETOWN 8000, SOUTH AFRICA T3 00000
N.v. Prosus director, 10 percent owner SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Ryan H Murray officer: Interim CFO, CAO SKILLSOFT CORP, 300 INNOVATIVE WAY #201, NASHUA NH 03062