Skillsoft net loss widens 13% on below-the-line costs as GK sale nears close

Filed June 9, 2026 · Period ending April 30, 2026 · Compared to 10-Q Jun 9, 2025 · ~2 min read

Key Changes

• high

  Operating loss narrowed 54% to $8.3M, but net loss widened 13% to $43.1M due to larger below-the-line deductions (interest, taxes, or non-operating expenses), signaling earnings quality divergence where bottom-line improvement did not come from operations.

  MD&A: Operating Results verify on EDGAR →
• high

  Company committed April 30, 2026 to sell Global Knowledge instructor-led training business to Enduring Ventures affiliate for expected net proceeds of $5-8M over two years; transaction subject to Saudi Arabia antitrust approval and expected to close Q2 FY2027.

  MD&A: GK Business Sale verify on EDGAR →
• high

  Received NYSE non-compliance notice March 26, 2026 for falling below minimum market cap requirement; submitted 18-month compliance plan including GK disposition, but delisting risk remains and could reduce liquidity and ability to raise capital.

  MD&A: NYSE Delisting Risk verify on EDGAR →