Financial Snapshot

Revenue
$181.3M
TTM
Gross Margin
47.1%
TTM
Net Earnings
-$1.372M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
690.27%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$117.6M
Q3 2024
Cash
Q3 2024
P/E
-444.5
Nov 29, 2024 EST
Free Cash Flow
$2.122M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $150.0M $119.6M $113.7M $76.19M $38.18M
YoY Change 25.49% 5.19% 49.19% 99.57%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $150.0M $119.6M $113.7M $76.19M $38.18M
Cost Of Revenue $75.67M $59.23M $46.90M $26.35M $18.04M
Gross Profit $74.38M $60.34M $66.77M $49.84M $20.14M
Gross Profit Margin 49.57% 50.46% 58.74% 65.41% 52.74%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $73.86M $109.1M $135.4M $57.90M $32.90M
YoY Change -32.31% -19.42% 133.85% 76.03%
% of Gross Profit 99.3% 180.83% 202.8% 116.19% 163.36%
Research & Development $17.57M $21.66M $15.92M $9.583M $12.00M
YoY Change -18.87% 36.06% 66.12% -20.12%
% of Gross Profit 23.62% 35.9% 23.84% 19.23% 59.58%
Depreciation & Amortization $1.196M $1.357M $1.973M $379.0K $59.00K
YoY Change -11.86% -31.22% 420.58% 542.37%
% of Gross Profit 1.61% 2.25% 2.95% 0.76% 0.29%
Operating Expenses $97.59M $143.5M $160.7M $71.82M $49.56M
YoY Change -31.99% -10.7% 123.75% 44.9%
Operating Profit -$23.21M -$83.16M -$93.92M -$21.98M -$29.43M
YoY Change -72.09% -11.46% 327.27% -25.3%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $4.245M $3.740M $31.23M -$364.0K $350.0K
YoY Change 13.5% -88.02% -8679.12% -204.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$18.96M -$79.42M -$62.70M -$22.35M -$29.08M
YoY Change -76.12% 26.67% 180.56% -23.15%
Income Tax $218.0K $254.0K $47.00K $24.00K $8.000K
% Of Pretax Income
Net Earnings -$19.18M -$79.67M -$62.74M -$22.37M -$29.09M
YoY Change -75.92% 26.98% 180.47% -23.09%
Net Earnings / Revenue -12.78% -66.63% -55.2% -29.36% -76.19%
Basic Earnings Per Share -$0.12 -$0.51 -$0.72 -$1.67
Diluted Earnings Per Share -$0.12 -$0.51 -$410.4K -$146.9K -$191.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $123.9M $138.5M $198.3M $13.25M $39.63M
YoY Change -10.56% -30.12% 1396.5% -66.57%
Cash & Equivalents $123.9M $138.5M $198.3M $13.25M $39.63M
Short-Term Investments
Other Short-Term Assets $5.718M $4.372M $9.562M $1.515M $820.0K
YoY Change 30.79% -54.28% 531.16% 84.76%
Inventory
Prepaid Expenses
Receivables $10.17M $9.640M $5.512M $5.914M $897.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $139.8M $152.6M $213.3M $20.68M $41.35M
YoY Change -8.36% -28.49% 931.73% -49.99%
Property, Plant & Equipment $314.0K $677.0K $624.0K $175.0K $133.0K
YoY Change -53.62% 8.49% 256.57% 31.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $321.0K $491.0K $82.00K $692.0K $447.0K
YoY Change -34.62% 498.78% -88.15% 54.81%
Total Long-Term Assets $2.421M $3.697M $10.28M $12.20M $580.0K
YoY Change -34.51% -64.02% -15.74% 2002.76%
Total Assets $142.2M $156.3M $223.6M $32.87M $41.93M
YoY Change
Accounts Payable $6.111M $6.461M $7.429M $7.901M $5.340M
YoY Change -5.42% -13.03% -5.97% 47.96%
Accrued Expenses $9.420M $16.50M $9.971M $6.025M $1.762M
YoY Change -42.92% 65.5% 65.49% 241.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $21.65M $27.32M $27.18M $20.49M $10.25M
YoY Change -20.76% 0.52% 32.64% 99.97%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.927M $1.400M $4.156M
YoY Change 37.64% -66.31%
Total Long-Term Liabilities $1.927M $1.400M $4.156M $0.00 $0.00
YoY Change 37.64% -66.31%
Total Liabilities $23.58M $28.72M $31.33M $20.49M $10.25M
YoY Change -17.91% -8.35% 52.93% 99.97%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 165.0M 156.9M 86.78M 13.36M
Diluted Shares Outstanding 165.0M 156.9M 86.78M 13.36M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $609.81 Million

About Talkspace, Inc.

Talkspace, Inc. engages in the operation and development of a technology platform used in connecting patients to licensed mental health professionals through messaging, video, and audio. The company is headquartered in New York City, New York and currently employs 472 full-time employees. The company went IPO on 2020-06-09. Through its platform, the Company provides psychotherapy and psychiatry services to individuals, enterprises and health plans through both business-to-business (B2B) and business-to-customer (B2C) channels. In psychotherapy or talk therapy, members work with a licensed therapist or counsellor to treat specific mental health conditions, such as depression or anxiety, trauma and other human challenges, including by developing positive thinking and coping skills. In psychotherapy, the Company offers text, audio and video-based psychotherapy from licensed therapists. In psychiatry, members receive personalized, care from a prescriber who specializes in mental healthcare and prescription management. The firm offers its members a robust ecosystem for end-to-end behavioral healthcare.

Industry: Services-Health Services Peers: AKUMIN INC. ATI Physical Therapy, Inc. Bitech Technologies Corp CRYO CELL INTERNATIONAL INC CVS HEALTH Corp ENZO BIOCHEM INC InfuSystem Holdings, Inc