Talkspace, Inc. (TALK) 10-Year Financial Performance & Capital Metrics

TALK • • Industrial / General

HealthcareHealthcare FacilitiesBehavioral & Mental Health ServicesVirtual Mental Health Platforms

AboutTalkspace, Inc. operates as a virtual behavior healthcare company. It delivers healthcare through encrypted web and mobile platform. The company offers treatment options for every need, including psychiatry or adolescent, individual, or couples therapy. The members can send text, video, and voice messages to their therapists and engage in live video sessions. Talkspace, Inc. is based in New York, New York.Show more

Revenue $188M +25.0%
EBITDA -$4M +83.5%
Net Income $1M +106.0%
EPS (Diluted) 0.01 +105.4%
Gross Margin 45.76% -7.7%
EBITDA Margin -1.94% +86.8%
Operating Margin -2.4% +84.5%
Net Margin 0.61% +104.8%
ROE 0.97% +106.2%
ROIC -19.03%
Debt/Equity -
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 81 (top 19%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 37.5%
✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y37.49%

3Y18.17%

TTM18.37%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM185.75%

EPS CAGR

10Y-

5Y-

3Y-

TTM381.61%

ROCE

10Y Avg-58.72%

5Y Avg-51.88%

3Y Avg-23.23%

Latest-3.74%

Peer Comparison

Virtual Mental Health Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TALKTalkspace, Inc.	634.46M	3.83	589.23	25.02%	1.98%	3.89%	0.99%
SYRASyra Health Corp. Class A Common Stock	907.13K	0.08	-0.15	44.73%	-16.89%	-57.31%		0.16

Profit & Loss

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	38.18M	76.19M	113.67M	119.57M	150.04M	187.59M
Revenue Growth %	-	1%	0.49%	0.05%	0.25%	0.25%
Cost of Goods Sold+	18.04M	26.35M	46.9M	59.23M	75.67M	101.76M
COGS % of Revenue	0.47%	0.35%	0.41%	0.5%	0.5%	0.54%
Gross Profit+	20.14M	49.84M	66.77M	60.34M	74.38M	85.84M
Gross Margin %	0.53%	0.65%	0.59%	0.5%	0.5%	0.46%
Gross Profit Growth %	-	1.48%	0.34%	-0.1%	0.23%	0.15%
Operating Expenses+	49.56M	71.82M	160.69M	137.36M	97.59M	90.33M
OpEx % of Revenue	1.3%	0.94%	1.41%	1.15%	0.65%	0.48%
Selling, General & Admin	32.9M	57.9M	135.41M	109.11M	73.86M	73.28M
SG&A % of Revenue	0.86%	0.76%	1.19%	0.91%	0.49%	0.39%
Research & Development	12M	9.58M	15.92M	21.66M	17.57M	10.51M
R&D % of Revenue	0.31%	0.13%	0.14%	0.18%	0.12%	0.06%
Other Operating Expenses	4.67M	4.33M	9.37M	6.59M	6.16M	6.54M
Operating Income+	-29.43M	-21.98M	-93.92M	-77.02M	-23.21M	-4.5M
Operating Margin %	-0.77%	-0.29%	-0.83%	-0.64%	-0.15%	-0.02%
Operating Income Growth %	-	0.25%	-3.27%	0.18%	0.7%	0.81%
EBITDA+	-29.37M	-21.6M	-91.95M	-75.67M	-22.01M	-3.64M
EBITDA Margin %	-0.77%	-0.28%	-0.81%	-0.63%	-0.15%	-0.02%
EBITDA Growth %	-	0.26%	-3.26%	0.18%	0.71%	0.83%
D&A (Non-Cash Add-back)	59K	379K	1.97M	1.36M	1.2M	859K
EBIT	-29.43M	-21.98M	-62.7M	-79.42M	-23.21M	1.24M
Net Interest Income+	350K	-364K	31.23M	3.74M	4.25M	5.74M
Interest Income	350K	0	31.23M	3.74M	4.25M	5.74M
Interest Expense	0	364K	0	0	0	0
Other Income/Expense	350K	-364K	31.23M	-2.39M	4.25M	5.74M
Pretax Income+	-29.08M	-22.35M	-62.7M	-79.42M	-18.96M	1.24M
Pretax Margin %	-0.76%	-0.29%	-0.55%	-0.66%	-0.13%	0.01%
Income Tax+	8K	24K	47K	254K	218K	94K
Effective Tax Rate %	1%	1%	1%	1%	1.01%	0.92%
Net Income+	-29.09M	-22.37M	-62.74M	-79.67M	-19.18M	1.15M
Net Margin %	-0.76%	-0.29%	-0.55%	-0.67%	-0.13%	0.01%
Net Income Growth %	-	0.23%	-1.8%	-0.27%	0.76%	1.06%
Net Income (Continuing)	-29.09M	-22.37M	-62.74M	-79.67M	-19.18M	1.15M
Discontinued Operations	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0
EPS (Diluted)+	-0.00	-0.00	-0.72	-0.51	-0.12	0.01
EPS Growth %	-	-	-	0.29%	0.76%	1.05%
EPS (Basic)	-0.00	-0.00	-0.72	-0.51	-0.12	0.01
Diluted Shares Outstanding	133.59M	165.18M	154.08M	156.89M	165.04M	176.5M
Basic Shares Outstanding	133.59M	152.27M	154.08M	156.89M	165.04M	168.91M
Dividend Payout Ratio	-	-	-	-	-	-

Balance Sheet

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	41.35M	20.68M	213.33M	152.56M	139.8M	130.18M
Cash & Short-Term Investments	39.63M	13.25M	198.26M	138.54M	123.91M	117.81M
Cash Only	39.63M	13.25M	198.26M	138.54M	123.91M	76.69M
Short-Term Investments	0	0	0	0	0	41.12M
Accounts Receivable	897K	5.91M	5.51M	9.64M	10.17M	9.64M
Days Sales Outstanding	8.58	28.33	17.7	29.43	24.75	18.76
Inventory	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-
Other Current Assets	820K	1.4M	9.56M	4.37M	5.72M	2.73M
Total Non-Current Assets+	580K	12.2M	10.28M	3.7M	2.42M	8.49M
Property, Plant & Equipment	133K	175K	624K	677K	314K	6.26M
Fixed Asset Turnover	287.05x	435.37x	182.17x	176.61x	477.85x	29.97x
Goodwill	0	6.13M	6.13M	0	0	0
Intangible Assets	0	5.2M	3.44M	2.53M	1.79M	1.34M
Long-Term Investments	447K	0	0	0	0	0
Other Non-Current Assets	0	692K	82K	491K	321K	897K
Total Assets+	41.93M	32.87M	223.61M	156.25M	142.22M	138.68M
Asset Turnover	0.91x	2.32x	0.51x	0.77x	1.06x	1.35x
Asset Growth %	-	-0.22%	5.8%	-0.3%	-0.09%	-0.02%
Total Current Liabilities+	10.25M	20.49M	27.18M	27.32M	21.65M	19.02M
Accounts Payable	5.34M	7.9M	7.43M	6.46M	6.11M	7.71M
Days Payables Outstanding	108.03	109.43	57.82	39.82	29.48	27.66
Short-Term Debt	0	0	0	200K	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	1.76M	4.69M	6.57M	11.01M	5.2M	2.39M
Current Ratio	4.04x	1.01x	7.85x	5.58x	6.46x	6.84x
Quick Ratio	4.04x	1.01x	7.85x	5.58x	6.46x	6.84x
Cash Conversion Cycle	-	-	-	-	-	-
Total Non-Current Liabilities+	111.28M	111.28M	4.16M	1.4M	1.93M	2.26M
Long-Term Debt	111.28M	111.28M	0	0	0	0
Capital Lease Obligations	0	0	0	300K	0	0
Deferred Tax Liabilities	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	4.16M	1.1M	1.93M	2.26M
Total Liabilities	121.53M	131.77M	31.33M	28.72M	23.57M	21.28M
Total Debt+	111.28M	111.28M	0	500K	0	0
Net Debt	71.65M	98.03M	-198.26M	-138.04M	-123.91M	-76.69M
Debt / Equity	-	-	-	0.00x	-	-
Debt / EBITDA	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-
Interest Coverage	-	-60.39x	-	-	-	-
Total Equity+	-79.6M	-98.9M	192.27M	127.54M	118.65M	117.39M
Equity Growth %	-	-0.24%	2.94%	-0.34%	-0.07%	-0.01%
Book Value per Share	-0.60	-0.60	1.25	0.81	0.72	0.67
Total Shareholders' Equity	-79.6M	-98.9M	192.27M	127.54M	118.65M	117.39M
Common Stock	11K	1K	15K	16K	16K	17K
Retained Earnings	-86.42M	-108.79M	-171.53M	-251.2M	-270.38M	-269.24M
Treasury Stock	0	0	0	0	0	0
Accumulated OCI	0	0	-223.61M	0	0	2K
Minority Interest	0	0	0	0	0	0

Cash Flow

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-21.19M	-15.18M	-65.71M	-61.08M	-16.39M	11.7M
Operating CF Margin %	-0.56%	-0.2%	-0.58%	-0.51%	-0.11%	0.06%
Operating CF Growth %	-	0.28%	-3.33%	0.07%	0.73%	1.71%
Net Income	-29.09M	-22.37M	-62.74M	-79.67M	-19.18M	1.15M
Depreciation & Amortization	59K	379K	1.97M	1.36M	1.2M	859K
Stock-Based Compensation	3.4M	0	27.41M	12.12M	8.39M	9.17M
Deferred Taxes	0	0	-31.78M	0	0	0
Other Non-Cash Items	0	2.98M	175K	3M	748K	-371K
Working Capital Changes	4.43M	3.84M	-738K	2.12M	-7.55M	895K
Change in Receivables	-840K	-5.02M	402K	-4.13M	-534K	531K
Change in Inventory	0	0	-3.66M	0	0	0
Change in Payables	3.28M	2.56M	503K	-968K	-350K	1.6M
Cash from Investing+	-138K	-11.3M	-663K	-317K	-141K	-46.73M
Capital Expenditures	-138K	-1.06M	-663K	-350K	-151K	-5.44M
CapEx % of Revenue	0%	0.01%	0.01%	0%	0%	0.03%
Acquisitions	-	-	-	-	-	-
Investments	-	-	-	-	-	-
Other Investing	0	447K	0	0	0	-171K
Cash from Financing+	51.5M	94K	251.38M	1.68M	1.9M	-12.19M
Debt Issued (Net)	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-
Other Financing	297K	0	-50K	-1.5M	-810K	-1.19M
Net Change in Cash	-	-	-	-	-	-
Free Cash Flow+	-21.33M	-15.3M	-66.37M	-61.43M	-16.54M	6.26M
FCF Margin %	-0.56%	-0.2%	-0.58%	-0.51%	-0.11%	0.03%
FCF Growth %	-	0.28%	-3.34%	0.07%	0.73%	1.38%
FCF per Share	-0.16	-0.09	-0.43	-0.39	-0.10	0.04
FCF Conversion (FCF/Net Income)	0.73x	0.68x	1.05x	0.77x	0.85x	10.20x
Interest Paid	45K	0	0	68K	0	0
Taxes Paid	0	0	0	122K	219K	96K

Key Ratios

Metric	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-134.39%	-49.82%	-15.58%	0.97%
Return on Invested Capital (ROIC)	-	-	-	-	-	-19.03%
Gross Margin	52.74%	65.41%	58.74%	50.46%	49.57%	45.76%
Net Margin	-76.19%	-29.36%	-55.2%	-66.63%	-12.78%	0.61%
Debt / Equity	-	-	-	0.00x	-	-
Interest Coverage	-	-60.39x	-	-	-	-
FCF Conversion	0.73x	0.68x	1.05x	0.77x	0.85x	10.20x
Revenue Growth	-	99.57%	49.19%	5.19%	25.49%	25.02%

Frequently Asked Questions

Growth & Financials

Talkspace, Inc. (TALK) reported $214.6M in revenue for fiscal year 2024. This represents a 462% increase from $38.2M in 2019.

Talkspace, Inc. (TALK) grew revenue by 25.0% over the past year. This is strong growth.

Yes, Talkspace, Inc. (TALK) is profitable, generating $4.2M in net income for fiscal year 2024 (0.6% net margin).

Dividend & Returns

Talkspace, Inc. (TALK) has a return on equity (ROE) of 1.0%. This is below average, suggesting room for improvement.

Talkspace, Inc. (TALK) had negative free cash flow of $1.8M in fiscal year 2024, likely due to heavy capital investments.

← Back to Screener