Talkspace (TALKW) Financials

$0.10 -0.01 (-5.55%)

As of 05/23/2025 03:56 PM Eastern

Annual Income Statements for Talkspace

This table shows Talkspace's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	1.15	-19	-80
Consolidated Net Income / (Loss)	1.15	-19	-80
Net Income / (Loss) Continuing Operations	1.15	-19	-80
Total Pre-Tax Income	1.24	-19	-79
Total Operating Income	-4.50	-23	-83
Total Gross Profit	86	74	60
Total Revenue	188	150	120
Operating Revenue	188	150	120
Total Cost of Revenue	102	76	59
Operating Cost of Revenue	102	76	59
Total Operating Expenses	90	98	143
Selling, General & Admin Expense	29	27	43
Marketing Expense	51	53	73
Research & Development Expense	11	18	22
Impairment Charge	0.00	0.00	6.13
Total Other Income / (Expense), net	5.74	4.25	3.74
Other Income / (Expense), net	5.74	-	-
Income Tax Expense	0.09	0.22	0.25
Weighted Average Basic Shares Outstanding	168.91M	165.04M	156.89M
Weighted Average Diluted Shares Outstanding	176.50M	165.04M	156.89M
Weighted Average Basic & Diluted Shares Outstanding	168.44M	168.90M	162.20M

This table shows Talkspace's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	1.21	1.87	-0.47	-1.47	-1.31	-4.41	-4.70	-8.76	-18	-18
Consolidated Net Income / (Loss)	1.21	1.87	-0.47	-1.47	-1.31	-4.41	-4.70	-8.76	-18	-18
Net Income / (Loss) Continuing Operations	1.21	1.87	-0.47	-1.47	-1.31	-4.41	-4.70	-8.76	-18	-18
Total Pre-Tax Income	-1.42	1.80	-0.44	1.30	-18	-4.40	-4.70	8.62	-141	18
Total Operating Income	-2.79	0.10	-3.49	1.68	-21	-5.18	-6.41	9.04	-145	20
Total Gross Profit	22	22	21	22	21	19	18	17	16	15
Total Revenue	49	47	46	45	42	39	36	33	30	29
Operating Revenue	49	47	46	45	42	39	36	33	30	29
Total Cost of Revenue	27	26	25	24	21	20	18	17	14	15
Operating Cost of Revenue	27	26	25	24	21	20	18	17	14	15
Total Operating Expenses	21	22	24	23	24	24	24	26	37	34
Selling, General & Admin Expense	6.67	6.83	9.01	6.66	6.84	6.66	7.00	6.97	12	9.86
Marketing Expense	12	12	13	13	13	13	13	13	14	19
Research & Development Expense	2.26	2.35	2.16	3.74	3.87	4.18	4.17	5.35	4.98	6.07
Total Other Income / (Expense), net	0.62	1.70	3.04	0.38	1.33	0.78	1.71	0.42	2.85	1.89
Income Tax Expense	-0.03	-0.07	0.03	0.17	0.05	0.01	0.01	0.14	0.13	0.02
Weighted Average Basic Shares Outstanding	168.91M	168.43M	169.15M	168.85M	165.04M	166.57M	164.20M	161.80M	156.89M	158.33M
Weighted Average Diluted Shares Outstanding	176.50M	173.75M	169.15M	168.85M	165.04M	166.57M	164.20M	161.80M	156.89M	158.33M
Weighted Average Basic & Diluted Shares Outstanding	168.44M	168.92M	168.21M	169.68M	168.90M	167.10M	166.51M	163.66M	162.20M	159.15M

This table details how cash moves in and out of Talkspace's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-47	-15	-60
Net Cash From Operating Activities	12	-16	-61
Net Cash From Continuing Operating Activities	12	-16	-61
Net Income / (Loss) Continuing Operations	1.15	-19	-80
Consolidated Net Income / (Loss)	1.15	-19	-80
Depreciation Expense	0.86	1.20	1.36
Non-Cash Adjustments To Reconcile Net Income	9.02	9.30	15
Changes in Operating Assets and Liabilities, net	0.68	-7.71	2.12
Net Cash From Investing Activities	-47	-0.14	-0.32
Net Cash From Continuing Investing Activities	-47	-0.14	-0.32
Acquisitions	-5.44	0.00	0.00
Purchase of Investments	-41	0.00	0.00
Other Investing Activities, net	-0.17	-0.14	-0.32
Net Cash From Financing Activities	-12	1.90	1.68
Net Cash From Continuing Financing Activities	-12	1.90	1.68
Repurchase of Common Equity	-11	0.00	-0.65
Other Financing Activities, net	-1.19	1.90	2.33
Cash Interest Paid	0.00	0.00	0.07
Cash Income Taxes Paid	0.10	0.22	0.12

This table details how cash moves in and out of Talkspace's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-42	4.08	-5.37	-3.63	-1.42	-0.77	1.02	-13	-4.40	-12
Net Cash From Operating Activities	4.08	6.21	4.81	-3.39	-1.53	-1.12	0.29	-14	-14	-14
Net Cash From Continuing Operating Activities	4.08	6.21	4.81	-3.39	-1.53	-1.12	0.29	-14	-4.53	-12
Net Income / (Loss) Continuing Operations	1.21	1.87	-0.47	-1.47	-1.31	-4.41	-4.70	-8.76	-18	-18
Consolidated Net Income / (Loss)	1.21	1.87	-0.47	-1.47	-1.31	-4.41	-4.70	-8.76	-18	-18
Depreciation Expense	0.21	0.23	0.22	0.20	0.28	0.31	0.30	0.31	0.35	0.31
Non-Cash Adjustments To Reconcile Net Income	2.53	1.65	1.45	3.40	2.25	2.74	1.82	2.49	6.15	1.54
Changes in Operating Assets and Liabilities, net	0.14	2.45	3.61	-5.52	-2.76	0.26	2.87	-8.08	7.28	3.94
Net Cash From Investing Activities	-43	-1.69	-1.77	-0.39	-0.13	-0.03	-0.00	0.02	-0.06	-0.09
Net Cash From Continuing Investing Activities	-43	-1.69	-1.77	-0.39	-0.13	-0.03	-0.00	0.02	-0.06	-0.09
Acquisitions	-1.68	-1.66	-	-	-	-	-	-	-	-
Other Investing Activities, net	-0.10	-0.07	-	-	-0.13	-0.04	-	-	-	-
Net Cash From Financing Activities	-3.49	-0.44	-8.41	0.15	0.24	0.37	0.73	0.56	0.19	-0.14
Net Cash From Continuing Financing Activities	-3.49	-0.44	-8.41	0.15	0.24	0.37	0.73	0.56	0.19	-0.14
Repurchase of Common Equity	-3.00	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	-0.49	-0.44	-0.41	0.15	0.24	0.37	0.73	0.56	0.84	-0.14
Cash Income Taxes Paid	0.05	0.01	0.02	0.02	0.02	0.02	0.01	0.17	-	0.03

This table presents Talkspace's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	139	142	156
Total Current Assets	130	140	153
Cash & Equivalents	77	124	139
Short-Term Investments	41	0.00	-
Accounts Receivable	9.64	10	9.64
Other Current Assets	2.73	5.72	4.37
Plant, Property, & Equipment, net	0.00	0.00	0.68
Total Noncurrent Assets	8.50	2.42	3.02
Intangible Assets	0.00	0.00	2.53
Other Noncurrent Operating Assets	8.50	2.42	0.49
Total Liabilities & Shareholders' Equity	139	142	156
Total Liabilities	21	24	29
Total Current Liabilities	19	22	27
Accounts Payable	7.71	6.11	6.46
Accrued Expenses	8.03	12	17
Current Deferred Revenue	3.28	3.07	4.36
Total Noncurrent Liabilities	2.26	1.93	1.40
Other Noncurrent Operating Liabilities	2.26	1.93	1.40
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	117	119	128
Total Preferred & Common Equity	117	119	128
Total Common Equity	117	119	128
Common Stock	387	389	379
Retained Earnings	-269	-270	-251
Accumulated Other Comprehensive Income / (Loss)	0.00	0.00	-

This table presents Talkspace's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	138	134	138	140	141	145	176
Total Current Assets	132	129	136	138	137	141	166
Cash & Equivalents	119	115	120	125	126	125	153
Accounts Receivable	9.60	12	11	7.97	8.42	12	8.69
Other Current Assets	2.92	2.30	4.42	4.41	2.92	3.81	4.61
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.27	0.46	0.56	0.85
Total Noncurrent Assets	6.71	5.02	2.55	2.36	2.62	2.86	8.85
Other Noncurrent Operating Assets	6.71	5.02	2.55	0.39	0.46	0.52	0.00
Total Liabilities & Shareholders' Equity	138	134	138	140	141	145	176
Total Liabilities	21	20	19	23	21	23	33
Total Current Liabilities	19	18	16	21	20	22	29
Accounts Payable	8.30	7.73	5.81	6.51	5.48	7.67	10
Accrued Expenses	7.25	7.31	7.00	11	10	9.80	13
Current Deferred Revenue	3.51	2.73	2.88	3.62	3.68	4.12	5.46
Total Noncurrent Liabilities	1.59	1.97	3.01	1.78	1.12	1.55	3.94
Other Noncurrent Operating Liabilities	1.59	1.97	3.01	1.78	1.12	1.55	3.94
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	118	114	120	118	120	122	143
Total Preferred & Common Equity	118	114	120	118	120	122	143
Total Common Equity	118	114	120	118	120	122	143
Common Stock	388	386	391	387	384	382	376
Retained Earnings	-270	-272	-272	-269	-265	-260	-233

This table displays calculated financial ratios and metrics derived from Talkspace's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	25.02%	25.49%	5.19%
EBITDA Growth	109.54%	73.09%	10.87%
EBIT Growth	105.35%	72.09%	11.46%
NOPAT Growth	74.41%	72.09%	11.46%
Net Income Growth	105.98%	75.92%	-26.98%
EPS Growth	0.00%	0.00%	0.00%
Operating Cash Flow Growth	171.40%	73.16%	7.05%
Free Cash Flow Firm Growth	59.06%	58.65%	12.28%
Invested Capital Growth	92.11%	52.20%	-84.00%
Revenue Q/Q Growth	3.48%	8.83%	-17.46%
EBITDA Q/Q Growth	109.80%	84.98%	-431.73%
EBIT Q/Q Growth	105.55%	84.30%	-391.91%
NOPAT Q/Q Growth	73.45%	84.30%	-245.50%
Net Income Q/Q Growth	183.67%	46.99%	-171.63%
EPS Q/Q Growth	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	92.09%	43.64%	14.53%
Free Cash Flow Firm Q/Q Growth	58.82%	79.22%	0.00%
Invested Capital Q/Q Growth	70.48%	30.86%	-10.42%
Profitability Metrics	-	-	-
Gross Margin	45.76%	49.57%	50.46%
EBITDA Margin	1.12%	-14.67%	-68.41%
Operating Margin	-2.40%	-15.47%	-69.55%
EBIT Margin	0.66%	-15.47%	-69.55%
Profit (Net Income) Margin	0.61%	-12.78%	-66.63%
Tax Burden Percent	92.43%	101.15%	100.32%
Interest Burden Percent	100.00%	81.71%	95.50%
Effective Tax Rate	7.57%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.97%	-15.58%	-49.82%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.88%	-15.55%	-43.78%
Return on Assets (ROA)	0.82%	-12.85%	-41.95%
Return on Common Equity (ROCE)	0.97%	-15.58%	-49.82%
Return on Equity Simple (ROE_SIMPLE)	0.98%	-16.17%	-62.47%
Net Operating Profit after Tax (NOPAT)	-4.16	-16	-58
NOPAT Margin	-2.22%	-10.83%	-48.68%
Net Nonoperating Expense Percent (NNEP)	4.39%	-2.24%	-12.74%
Return On Investment Capital (ROIC_SIMPLE)	-3.54%	-13.69%	-45.64%
Cost of Revenue to Revenue	54.24%	50.43%	49.54%
SG&A Expenses to Revenue	15.55%	18.31%	35.85%
R&D to Revenue	5.60%	11.71%	18.11%
Operating Expenses to Revenue	48.15%	65.04%	120.01%
Earnings before Interest and Taxes (EBIT)	1.24	-23	-83
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.10	-22	-82
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	4.45	3.58	0.76
Price to Tangible Book Value (P/TBV)	4.45	3.58	0.78
Price to Revenue (P/Rev)	2.78	2.83	0.81
Price to Earnings (P/E)	454.68	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.22%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.15	2.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	192.37	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	325.41	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	34.53	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-1.02	-1.07	-1.05
Leverage Ratio	1.19	1.21	1.19
Compound Leverage Factor	1.19	0.99	1.13
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	14.34	9.65	-0.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	6.84	6.46	5.58
Quick Ratio	6.70	6.19	5.42
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-9.00	-22	-53
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.34	1.01	0.63
Accounts Receivable Turnover	18.93	15.15	15.78
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	183.81
Accounts Payable Turnover	14.73	12.04	8.53
Days Sales Outstanding (DSO)	19.28	24.10	23.13
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	24.79	30.32	42.80
Cash Conversion Cycle (CCC)	-5.51	-6.22	-19.67
Capital & Investment Metrics	-	-	-
Invested Capital	-0.42	-5.26	-11
Invested Capital Turnover	-66.09	-18.44	-14.07
Increase / (Decrease) in Invested Capital	4.85	5.75	-5.03
Enterprise Value (EV)	404	301	-41
Market Capitalization	522	424	97
Book Value per Share	$0.70	$0.71	$0.80
Tangible Book Value per Share	$0.70	$0.71	$0.79
Total Capital	117	119	128
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-118	-124	-139
Capital Expenditures (CapEx)	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-6.65	-5.76	-13
Debt-free Net Working Capital (DFNWC)	111	118	125
Net Working Capital (NWC)	111	118	125
Net Nonoperating Expense (NNE)	-5.30	2.94	21
Net Nonoperating Obligations (NNO)	-118	-124	-139
Total Depreciation and Amortization (D&A)	0.86	1.20	1.36
Debt-free, Cash-free Net Working Capital to Revenue	-3.55%	-3.84%	-11.13%
Debt-free Net Working Capital to Revenue	59.26%	78.74%	104.74%
Net Working Capital to Revenue	59.26%	78.74%	104.74%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	168.91M	165.04M	156.89M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	176.50M	165.04M	156.89M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	168.44M	168.90M	162.20M
Normalized Net Operating Profit after Tax (NOPAT)	-4.16	-16	-54
Normalized NOPAT Margin	-2.22%	-10.83%	-45.09%
Pre Tax Income Margin	0.66%	-12.64%	-66.42%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	958.45%	0.00%	-0.81%

This table displays calculated financial ratios and metrics derived from Talkspace's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.86%	22.65%	29.21%	36.24%	40.27%	31.75%	19.44%	10.57%	-45.54%	0.00%
EBITDA Growth	87.33%	106.77%	46.51%	-75.84%	85.94%	-122.11%	-128.62%	-58.48%	-84.59%	-14.32%
EBIT Growth	86.50%	101.91%	45.60%	-77.24%	85.78%	-123.83%	-130.42%	-59.06%	-83.83%	-13.84%
NOPAT Growth	86.50%	102.84%	45.60%	-83.51%	85.78%	-118.28%	-121.37%	-58.04%	-83.83%	12.31%
Net Income Growth	192.96%	142.46%	89.92%	83.26%	92.87%	75.45%	79.57%	56.98%	-157.15%	65.15%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,200.00%
Operating Cash Flow Growth	366.73%	656.50%	1,564.01%	75.84%	89.24%	91.89%	101.61%	7.32%	42.20%	41.06%
Free Cash Flow Firm Growth	66.36%	-1.97%	-4.45%	-128.54%	79.09%	-143.30%	51.51%	-98.82%	0.00%	-96.81%
Invested Capital Growth	92.11%	81.53%	86.23%	79.69%	52.20%	23.66%	32.65%	56.10%	-84.00%	37.62%
Revenue Q/Q Growth	2.79%	2.91%	1.41%	7.07%	9.76%	8.42%	6.93%	10.23%	3.10%	-1.72%
EBITDA Q/Q Growth	-882.42%	110.10%	-244.64%	107.35%	-318.10%	20.18%	-165.34%	106.45%	-757.45%	3.32%
EBIT Q/Q Growth	-2,917.17%	102.84%	-269.47%	106.63%	-298.94%	19.18%	-170.89%	106.22%	-768.41%	3.17%
NOPAT Q/Q Growth	-1,994.15%	104.22%	-266.45%	106.75%	-298.94%	19.18%	-150.46%	108.74%	-612.80%	-5.50%
Net Income Q/Q Growth	-35.22%	495.36%	67.67%	-12.25%	70.41%	6.17%	46.29%	52.16%	-1.80%	21.89%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	26.67%
Operating Cash Flow Q/Q Growth	-34.23%	29.03%	241.82%	-121.63%	-37.22%	-485.81%	102.06%	1.29%	-3.46%	23.49%
Free Cash Flow Firm Q/Q Growth	-11.43%	22.57%	-515.67%	95.34%	-237.71%	20.68%	-268.22%	104.64%	-799.51%	188.83%
Invested Capital Q/Q Growth	70.48%	-61.80%	-24.14%	86.70%	30.86%	-20.64%	-83.08%	68.70%	-10.42%	-6.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.20%	45.61%	45.49%	47.85%	49.44%	48.77%	49.97%	50.24%	53.49%	49.76%
EBITDA Margin	-5.30%	0.70%	-7.09%	4.97%	-48.04%	-12.61%	-17.13%	28.03%	-479.26%	75.16%
Operating Margin	-5.72%	0.21%	-7.57%	3.70%	-48.71%	-13.40%	-17.98%	27.11%	-480.42%	67.68%
EBIT Margin	-5.72%	0.21%	-7.57%	4.53%	-48.71%	-13.40%	-17.98%	27.11%	-480.42%	74.10%
Profit (Net Income) Margin	2.49%	3.95%	-1.03%	-3.23%	-3.08%	-11.42%	-13.20%	-26.27%	-60.54%	-61.31%
Tax Burden Percent	-85.67%	104.11%	107.24%	-112.68%	7.07%	100.32%	100.17%	-101.66%	13.02%	-100.09%
Interest Burden Percent	50.81%	1,818.18%	12.68%	63.25%	89.46%	84.96%	73.28%	95.31%	96.81%	82.66%
Effective Tax Rate	0.00%	-4.11%	0.00%	12.68%	0.00%	0.00%	0.00%	1.66%	0.00%	0.09%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.97%	-1.17%	-6.55%	-9.86%	-15.58%	-27.79%	-35.92%	-45.70%	-49.82%	-16.78%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-7.65%	0.27%	-9.52%	5.19%	-48.97%	-11.69%	-14.09%	19.01%	-302.44%	50.56%
Return on Assets (ROA)	3.33%	5.15%	-1.29%	-3.70%	-3.10%	-9.97%	-10.34%	-18.42%	-38.11%	-41.83%
Return on Common Equity (ROCE)	0.97%	-1.17%	-6.55%	-9.86%	-15.58%	-27.79%	-35.92%	-45.70%	-49.82%	-16.78%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-1.17%	-6.72%	-9.94%	0.00%	-30.74%	-41.53%	-55.96%	0.00%	-20.56%
Net Operating Profit after Tax (NOPAT)	-1.95	0.10	-2.44	1.47	-14	-3.63	-4.49	8.89	-102	20
NOPAT Margin	-4.01%	0.22%	-5.30%	3.23%	-34.10%	-9.38%	-12.58%	26.66%	-336.30%	67.61%
Net Nonoperating Expense Percent (NNEP)	2.62%	1.45%	1.63%	-2.39%	10.03%	-0.57%	-0.15%	-11.41%	49.52%	-20.14%
Return On Investment Capital (ROIC_SIMPLE)	-1.66%	-	-	-	-12.19%	-	-	-	-79.74%	-
Cost of Revenue to Revenue	55.80%	54.39%	54.51%	52.15%	50.56%	51.23%	50.03%	49.76%	46.51%	50.24%
SG&A Expenses to Revenue	13.69%	14.42%	19.55%	14.67%	16.13%	17.24%	19.65%	20.89%	40.03%	33.62%
R&D to Revenue	4.63%	4.96%	4.70%	8.23%	9.12%	10.82%	11.70%	16.06%	16.45%	20.70%
Operating Expenses to Revenue	43.03%	45.41%	53.06%	51.55%	55.53%	62.17%	67.95%	77.35%	123.03%	117.43%
Earnings before Interest and Taxes (EBIT)	-2.79	0.10	-3.49	2.06	-21	-5.18	-6.41	9.04	-145	22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.58	0.33	-3.27	2.26	-20	-4.87	-6.11	9.35	-145	22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.45	2.99	3.42	5.04	3.58	2.76	1.74	0.93	0.76	1.14
Price to Tangible Book Value (P/TBV)	4.45	2.99	3.42	5.04	3.58	2.81	1.77	0.95	0.78	1.22
Price to Revenue (P/Rev)	2.78	1.94	2.26	3.72	2.83	2.36	1.62	0.92	0.81	1.12
Price to Earnings (P/E)	454.68	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	411.43
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.24%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.15	1.28	1.60	2.98	2.00	1.45	0.64	0.00	0.00	0.07
Enterprise Value to EBITDA (EV/EBITDA)	192.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	325.41	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	34.53	38.17	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-1.02	-1.04	-1.03	-1.02	-1.07	-1.07	-1.06	-1.04	-1.05	-1.07
Leverage Ratio	1.19	1.18	1.17	1.17	1.21	1.21	1.18	1.18	1.19	1.21
Compound Leverage Factor	0.60	21.53	0.15	0.74	1.08	1.03	0.87	1.12	1.15	1.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	14.25	9.77	11.21	18.86	9.71	7.79	5.15	2.46	-1.56	3.28
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	6.84	6.90	7.24	8.65	6.46	6.60	7.01	6.55	5.58	5.72
Quick Ratio	6.70	6.75	7.11	8.37	6.19	6.39	6.86	6.37	5.42	5.56
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.80	-6.10	-7.88	-1.28	-20	-5.98	-7.54	4.48	-97	14
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	-880.78%	0.00%	0.00%	28,900.00%	0.00%	0.00%	-14,622.34%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.34	1.30	1.26	1.15	1.01	0.87	0.78	0.70	0.63	0.68
Accounts Receivable Turnover	18.93	20.63	17.28	13.80	15.15	16.55	16.50	13.08	15.78	20.68
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	246.85	238.28	205.27	183.81	192.76
Accounts Payable Turnover	14.73	12.97	13.62	12.28	12.04	8.09	9.51	7.07	8.53	4.78
Days Sales Outstanding (DSO)	19.28	17.69	21.13	26.45	24.10	22.06	22.12	27.91	23.13	17.65
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	24.79	28.15	26.79	29.72	30.32	45.09	38.37	51.62	42.80	76.29
Cash Conversion Cycle (CCC)	-5.51	-10.46	-5.66	-3.28	-6.22	-23.03	-16.25	-23.71	-19.67	-58.64
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-0.42	-1.41	-0.87	-0.70	-5.26	-7.61	-6.31	-3.45	-11	-9.97
Invested Capital Turnover	-66.09	-40.21	-48.07	-78.21	-18.44	-15.68	-16.40	-21.73	-14.07	-11.16
Increase / (Decrease) in Invested Capital	4.85	6.21	5.44	2.75	5.75	2.36	3.06	4.40	-5.03	6.01
Enterprise Value (EV)	404	233	275	483	301	199	82	-12	-41	10
Market Capitalization	522	352	390	603	424	325	208	113	97	163
Book Value per Share	$0.70	$0.70	$0.67	$0.71	$0.71	$0.71	$0.73	$0.75	$0.80	$0.90
Tangible Book Value per Share	$0.70	$0.70	$0.67	$0.71	$0.71	$0.70	$0.72	$0.74	$0.79	$0.85
Total Capital	117	118	114	120	119	118	120	122	128	143
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-118	-119	-115	-120	-124	-125	-126	-125	-139	-153
Capital Expenditures (CapEx)	0.00	-0.04	-0.35	0.39	0.00	-0.01	0.00	-0.02	0.00	0.09
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-6.65	-6.53	-3.92	-0.23	-5.76	-8.47	-8.27	-5.32	-13	-16
Debt-free Net Working Capital (DFNWC)	111	112	111	120	118	117	118	120	125	137
Net Working Capital (NWC)	111	112	111	120	118	117	118	120	125	137
Net Nonoperating Expense (NNE)	-3.17	-1.77	-1.97	2.93	-13	0.79	0.22	18	-83	38
Net Nonoperating Obligations (NNO)	-118	-119	-115	-120	-124	-125	-126	-125	-139	-153
Total Depreciation and Amortization (D&A)	0.21	0.23	0.22	0.20	0.28	0.31	0.30	0.31	0.35	0.31
Debt-free, Cash-free Net Working Capital to Revenue	-3.55%	-3.60%	-2.27%	-0.14%	-3.84%	-6.14%	-6.43%	-4.34%	-11.13%	-10.86%
Debt-free Net Working Capital to Revenue	59.26%	62.04%	64.33%	74.04%	78.74%	84.77%	91.66%	97.56%	104.74%	94.52%
Net Working Capital to Revenue	59.26%	62.04%	64.33%	74.04%	78.74%	84.77%	91.66%	97.56%	104.74%	94.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.03)	($0.03)	($0.05)	$0.00	($0.11)
Adjusted Weighted Average Basic Shares Outstanding	168.91M	168.43M	169.15M	168.85M	165.04M	166.57M	164.20M	161.80M	156.89M	158.33M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.03)	($0.03)	($0.05)	$0.00	($0.11)
Adjusted Weighted Average Diluted Shares Outstanding	176.50M	173.75M	169.15M	168.85M	165.04M	166.57M	164.20M	161.80M	156.89M	158.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	168.44M	168.92M	168.21M	169.68M	168.90M	167.10M	166.51M	163.66M	162.20M	159.15M
Normalized Net Operating Profit after Tax (NOPAT)	-1.95	0.07	-2.44	1.47	-14	-3.63	-4.49	8.89	-102	20
Normalized NOPAT Margin	-4.01%	0.15%	-5.30%	3.23%	-34.10%	-9.38%	-12.58%	26.66%	-336.30%	67.61%
Pre Tax Income Margin	-2.91%	3.80%	-0.96%	2.86%	-43.57%	-11.39%	-13.17%	25.84%	-465.12%	61.25%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	958.45%	-583.38%	-104.49%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.81%	0.00%

Frequently Asked Questions About Talkspace's Financials

When does Talkspace's financial year end?

According to the most recent income statement we have on file, Talkspace's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Talkspace's net income changed over the last 2 years?

Talkspace's net income appears to be on a downward trend, with a most recent value of $1.15 million in 2024, falling from -$79.67 million in 2022. The previous period was -$19.18 million in 2023.

What is Talkspace's operating income?

Talkspace's total operating income in 2024 was -$4.50 million, based on the following breakdown:

Total Gross Profit: $85.84 million
Total Operating Expenses: $90.33 million

How has Talkspace revenue changed over the last 2 years?

Over the last 2 years, Talkspace's total revenue changed from $119.57 million in 2022 to $187.59 million in 2024, a change of 56.9%.

How much debt does Talkspace have?

Talkspace's total liabilities were at $21.28 million at the end of 2024, a 9.7% decrease from 2023, and a 25.9% decrease since 2022.

How much cash does Talkspace have?

In the past 2 years, Talkspace's cash and equivalents has ranged from $76.69 million in 2024 to $138.55 million in 2022, and is currently $76.69 million as of their latest financial filing in 2024.

How has Talkspace's book value per share changed over the last 2 years?

Over the last 2 years, Talkspace's book value per share changed from 0.80 in 2022 to 0.70 in 2024, a change of -13.3%.

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This page (NASDAQ:TALKW) was last updated on 5/25/2025 by MarketBeat.com Staff

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Talkspace (TALKW) Financials

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Talkspace (TALKW) Financials

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