Talkspace (TALK) Financials

$2.78 -0.01 (-0.36%)

Closing price 04/15/2025 04:00 PM Eastern

Extended Trading

$2.76 -0.02 (-0.72%)

As of 04/15/2025 07:53 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	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-80	-19	1.15
Consolidated Net Income / (Loss)	-80	-19	1.15
Net Income / (Loss) Continuing Operations	-80	-19	1.15
Total Pre-Tax Income	-79	-19	1.24
Total Operating Income	-83	-23	-4.50
Total Gross Profit	60	74	86
Total Revenue	120	150	188
Operating Revenue	120	150	188
Total Cost of Revenue	59	76	102
Operating Cost of Revenue	59	76	102
Total Operating Expenses	143	98	90
Selling, General & Admin Expense	43	27	29
Marketing Expense	73	53	51
Research & Development Expense	22	18	11
Impairment Charge	6.13	0.00	0.00
Total Other Income / (Expense), net	3.74	4.25	5.74
Other Income / (Expense), net	-	-	5.74
Income Tax Expense	0.25	0.22	0.09
Weighted Average Basic Shares Outstanding	156.89M	165.04M	168.91M
Weighted Average Diluted Shares Outstanding	156.89M	165.04M	176.50M
Weighted Average Basic & Diluted Shares Outstanding	162.20M	168.90M	168.44M

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

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

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

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

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	2022	2023	2024
Total Assets	156	142	139
Total Current Assets	153	140	130
Cash & Equivalents	139	124	77
Short-Term Investments	-	0.00	41
Accounts Receivable	9.64	10	9.64
Other Current Assets	4.37	5.72	2.73
Plant, Property, & Equipment, net	0.68	0.00	0.00
Total Noncurrent Assets	3.02	2.42	8.50
Intangible Assets	2.53	0.00	0.00
Other Noncurrent Operating Assets	0.49	2.42	8.50
Total Liabilities & Shareholders' Equity	156	142	139
Total Liabilities	29	24	21
Total Current Liabilities	27	22	19
Accounts Payable	6.46	6.11	7.71
Accrued Expenses	17	12	8.03
Current Deferred Revenue	4.36	3.07	3.28
Total Noncurrent Liabilities	1.40	1.93	2.26
Other Noncurrent Operating Liabilities	1.40	1.93	2.26
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	128	119	117
Total Preferred & Common Equity	128	119	117
Total Common Equity	128	119	117
Common Stock	379	389	387
Retained Earnings	-251	-270	-269
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 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	176	145	141	140	138	134	138
Total Current Assets	166	141	137	138	136	129	132
Cash & Equivalents	153	125	126	125	120	115	119
Accounts Receivable	8.69	12	8.42	7.97	11	12	9.60
Other Current Assets	4.61	3.81	2.92	4.41	4.42	2.30	2.92
Plant, Property, & Equipment, net	0.85	0.56	0.46	0.27	0.00	0.00	0.00
Total Noncurrent Assets	8.85	2.86	2.62	2.36	2.55	5.02	6.71
Other Noncurrent Operating Assets	0.00	0.52	0.46	0.39	2.55	5.02	6.71
Total Liabilities & Shareholders' Equity	176	145	141	140	138	134	138
Total Liabilities	33	23	21	23	19	20	21
Total Current Liabilities	29	22	20	21	16	18	19
Accounts Payable	10	7.67	5.48	6.51	5.81	7.73	8.30
Accrued Expenses	13	9.80	10	11	7.00	7.31	7.25
Current Deferred Revenue	5.46	4.12	3.68	3.62	2.88	2.73	3.51
Total Noncurrent Liabilities	3.94	1.55	1.12	1.78	3.01	1.97	1.59
Other Noncurrent Operating Liabilities	3.94	1.55	1.12	1.78	3.01	1.97	1.59
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	143	122	120	118	120	114	118
Total Preferred & Common Equity	143	122	120	118	120	114	118
Total Common Equity	143	122	120	118	120	114	118
Common Stock	376	382	384	387	391	386	388
Retained Earnings	-233	-260	-265	-269	-272	-272	-270

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

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

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

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

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:TALK) was last updated on 4/16/2025 by MarketBeat.com Staff

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Talkspace (TALK) Financials

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