Income Statement Talkspace A

Stocks

TALK

US87427V1035

Healthcare Facilities & Services

Market Closed - Nasdaq 15:57:40 2026-08-14 EDT			5-day change	1st Jan Change
5.245 ^USD	-0.10%		-0.10%	+44.49%

08-17	Talkspace, Inc.(NasdaqCM:TALK) dropped from S&P Global BMI Index	CI
08-17	Talkspace, Inc.(NasdaqCM:TALK) dropped from S&P Health Care Services Select Industry Index	CI

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Published financial data: TALKSPACE A

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	114M	120M	150M	188M	229M
Total Revenues	114M	120M	150M	188M	229M
Cost of Goods Sold, Total	56.26M	65.82M	81.82M	108M	138M
Gross Profit	57.41M	53.75M	68.22M	79.29M	91.14M
Selling General & Admin Expenses, Total	135M	109M	73.86M	72.08M	75.57M
R&D Expenses	15.92M	21.66M	17.57M	10.51M	9.54M
Depreciation & Amortization - (IS)	-	-	-	-	2.88M
Other Operating Expenses, Total	151M	131M	91.43M	82.59M	87.99M
Operating Income	-93.92M	-77.02M	-23.21M	-3.3M	3.15M
Interest Expense, Total	-572K	-	-	-413K	-
Interest And Investment Income	-	640K	5.3M	6M	3.92M
Net Interest Expenses	-572K	640K	5.3M	5.59M	3.92M
Other Non Operating Income (Expenses)	36M	3.1M	-1.06M	152K	1.3M
EBT, Excl. Unusual Items	-58.5M	-73.28M	-18.96M	2.44M	8.37M
Merger & Related Restructuring Charges	-4.2M	-	-	-	-
Impairment of Goodwill	-	-6.13M	-	-	-
Other Unusual Items	-	-	-	-1.2M	-
EBT, Incl. Unusual Items	-62.7M	-79.42M	-18.96M	1.24M	8.37M
Income Tax Expense	47K	254K	218K	94K	574K
Earnings From Continuing Operations	-62.74M	-79.67M	-19.18M	1.15M	7.79M
Net Income to Company	-62.74M	-79.67M	-19.18M	1.15M	7.79M
Net Income - (IS)	-62.74M	-79.67M	-19.18M	1.15M	7.79M
Net Income to Common Incl Extra Items	-62.74M	-79.67M	-19.18M	1.15M	7.79M
Net Income to Common Excl. Extra Items	-62.74M	-79.67M	-19.18M	1.15M	7.79M
Per Share Items
Net EPS - Basic	-0.72	-0.51	-0.12	0.01	0.05
Basic EPS - Continuing Operations	-0.72	-0.51	-0.12	0.01	0.05
Basic Weighted Average Shares Outstanding	86.78M	157M	165M	169M	167M
Net EPS - Diluted	-0.72	-0.51	-0.12	0.01	0.04
Diluted EPS - Continuing Operations	-0.72	-0.51	-0.12	0.01	0.04
Diluted Weighted Average Shares Outstanding	86.78M	157M	165M	176M	174M
Normalized Basic EPS	-0.42	-0.29	-0.07	0.01	0.03
Normalized Diluted EPS	-0.42	-0.29	-0.07	0.01	0.03
Supplemental Items
EBITDA	-91.95M	-75.67M	-22.01M	-2.44M	6.03M
EBITA	-92.12M	-76.12M	-22.51M	-2.9M	3.75M
EBIT	-93.92M	-77.02M	-23.21M	-3.3M	3.15M
EBITDAR	-91.85M	-75.47M	-	-	-
Effective Tax Rate - (Ratio)	-0.07	-0.32	-1.15	7.57	6.86
Current Domestic Taxes	-	-	-	169K	468K
Current Foreign Taxes	-	-	-	46K	106K
Total Current Taxes	-	-	-	215K	574K
Deferred Domestic Taxes	-	-	-	-121K	-
Total Deferred Taxes	-	-	-	-121K	-
Normalized Net Income	-36.56M	-45.8M	-11.85M	1.53M	5.23M
Supplemental Operating Expense Items
Advertising Expense	69.3M	-	-	-	-
Marketing Expenses	-	-	-	26.1M	30.5M
Selling and Marketing Expenses	101M	72.84M	52.54M	50.65M	53.8M
General and Administrative Expenses	34.67M	36.07M	21.32M	21.43M	21.77M
Research And Development Expense From Footnotes	15.92M	21.66M	17.57M	10.51M	9.54M
Net Rental Expense, Total	100K	200K	-	-	-
Stock-Based Comp., COGS (Total)	1.71M	549K	455K	293K	400K
Stock-Based Comp., R&D Exp. (Total)	3.1M	2.55M	2.46M	1.78M	1.48M
Stock-Based Comp., S&M Exp. (Total)	6.09M	3.09M	1.72M	1.86M	1.75M
Stock-Based Comp., G&A Exp. (Total)	16.5M	5.93M	3.76M	5.24M	4.81M
Total Stock-Based Compensation	27.4M	12.12M	8.4M	9.17M	8.44M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	198M	139M	124M	76.69M	37.35M
Short Term Investments	-	-	-	41.12M	55.23M
Total Cash And Short Term Investments	198M	139M	124M	118M	92.59M
Accounts Receivable, Total	5.51M	9.64M	10.17M	9.64M	16.06M
Total Receivables	5.51M	9.64M	10.17M	9.64M	16.06M
Other Current Assets, Total	9.56M	4.37M	5.72M	2.73M	2.42M
Total Current Assets	213M	153M	140M	130M	111M
Gross Property Plant And Equipment	926K	1.72M	-	894K	18.89M
Accumulated Depreciation	-302K	-642K	-	-735K	-3.1M
Net Property Plant And Equipment	624K	1.08M	314K	159K	15.79M
Goodwill	6.13M	-	-	-	3.32M
Other Intangibles, Total	3.44M	2.53M	1.79M	7.44M	3.87M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	82K	91K	321K	897K	823K
Total Assets	224M	156M	142M	139M	135M
Liabilities
Accounts Payable, Total	7.43M	6.46M	6.11M	7.71M	8.5M
Accrued Expenses, Total	7.29M	5.83M	7.9M	6.55M	5.07M
Current Portion of Leases	-	270K	-	-	-
Unearned Revenue Current, Total	7.19M	4.36M	3.07M	3.28M	2.22M
Other Current Liabilities	5.27M	10.4M	4.57M	1.48M	1.6M
Total Current Liabilities	27.18M	27.32M	21.65M	19.02M	17.4M
Long-Term Leases	-	196K	-	-	-
Other Non Current Liabilities	4.16M	1.2M	1.93M	2.26M	452K
Total Liabilities	31.33M	28.72M	23.58M	21.28M	17.85M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	15K	16K	16K	17K	17K
Additional Paid In Capital	364M	379M	389M	387M	378M
Retained Earnings	-172M	-251M	-270M	-269M	-261M
Comprehensive Income and Other	-	-	-	2K	57K
Total Common Equity	192M	128M	119M	117M	117M
Total Equity	192M	128M	119M	117M	117M
Total Liabilities And Equity	224M	156M	142M	139M	135M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	154M	162M	169M	168M	167M
ECS Total Common Shares Outstanding	153M	161M	168M	169M	167M
Book Value / Share	1.26	0.79	0.7	0.7	0.7
Tangible Book Value	183M	125M	117M	110M	110M
Tangible Book Value Per Share	1.2	0.78	0.69	0.65	0.66
Total Debt	0	466K	0	0	0
Net Debt	-198M	-138M	-124M	-118M	-92.59M
Debt Equivalent Oper. Leases	800K	1.6M	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	926K	1.32M	-	755K	802K
Full Time Employees	496	339	472	521	598
Accumulated Allowance for Doubtful Accounts (Supple)	4.92M	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	-62.74M	-79.67M	-19.18M	1.15M	7.79M
Depreciation & Amortization - CF	173K	457K	496K	459K	2.28M
Amortization of Goodwill and Intangible Assets - (CF)	1.8M	900K	700K	400K	600K
Depreciation & Amortization, Total	1.97M	1.36M	1.2M	859K	2.88M
Amortization of Deferred Charges, Total - (CF)	175K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-856K
Asset Writedown & Restructuring Costs	-	6.13M	-	-	-
Stock-Based Compensation (CF)	27.4M	12.12M	8.4M	9.17M	8.44M
Other Operating Activities, Total	-31.78M	-3.13M	748K	-371K	-1.68M
Change In Accounts Receivable	402K	-4.13M	-534K	531K	-6.42M
Change In Accounts Payable	503K	-968K	-350K	1.6M	791K
Change in Unearned Revenues	2.01M	-2.83M	-1.29M	213K	-1.18M
Change in Other Net Operating Assets	-3.66M	10.04M	-5.38M	-1.45M	-1.24M
Cash from Operations	-65.71M	-61.08M	-16.39M	11.7M	8.53M
Capital Expenditure	-663K	-350K	-151K	-	-
Sale of Property, Plant, and Equipment	-	33K	10K	-	-
Cash Acquisitions	-	-	-	-	-4.9M
Sale (Purchase) of Intangible assets	-	-	-	-5.44M	-10.64M
Investment in Marketable and Equity Securities, Total	-	-	-	-41.12M	-13.26M
Other Investing Activities, Total	-	-	-	-171K	-72K
Cash from Investing	-663K	-317K	-141K	-46.73M	-28.88M
Short Term Debt Issued, Total	6M	-	-	-	-
Total Debt Issued	6M	-	-	-	-
Short Term Debt Repaid, Total	-6M	-	-	-	-
Total Debt Repaid	-6M	-	-	-	-
Issuance of Common Stock	251M	3.18M	2.71M	2.01M	913K
Repurchase of Common Stock	-	-853K	-810K	-14.2M	-19.91M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-50K	-645K	-	-	-
Cash from Financing	251M	1.68M	1.9M	-12.19M	-19M
Net Change in Cash	185M	-59.71M	-14.64M	-47.22M	-39.34M
Supplemental Items
Cash Interest Paid	538K	68K	-	-	-
Cash Income Tax Paid (Refund)	-	122K	219K	96K	417K
Levered Free Cash Flow	-31.13M	-34.08M	-12.62M	3.17M	-5.08M
Unlevered Free Cash Flow	-30.94M	-34.08M	-12.62M	3.42M	-5.08M
Change In Net Working Capital	957K	-933K	7.55M	-895K	7.73M
Net Debt Issued / Repaid	0	-	-	-	-

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-45.78	-25.35	-9.72	-1.47	1.44
Return on Total Capital	-57.37	-30.06	-11.78	-1.75	1.68
Return On Equity %	-61.31	-49.82	-15.58	0.97	6.65
Return on Common Equity	-134.39	-49.82	-15.58	0.97	6.65
Margin Analysis
Gross Profit Margin %	50.5	44.95	45.47	42.27	39.82
SG&A Margin	119.13	91.26	49.22	38.42	33.02
EBITDA Margin %	-80.89	-63.28	-14.67	-1.3	2.63
EBITA Margin %	-81.04	-63.67	-15	-1.54	1.64
EBIT Margin %	-82.63	-64.42	-15.47	-1.76	1.38
Income From Continuing Operations Margin %	-55.2	-66.63	-12.78	0.61	3.4
Net Income Margin %	-55.2	-66.63	-12.78	0.61	3.4
Net Avail. For Common Margin %	-55.2	-66.63	-12.78	0.61	3.4
Normalized Net Income Margin	-32.16	-38.31	-7.9	0.81	2.28
Levered Free Cash Flow Margin	-27.38	-28.51	-8.41	1.69	-2.22
Unlevered Free Cash Flow Margin	-27.22	-28.51	-8.41	1.82	-2.22
Asset Turnover
Asset Turnover	0.89	0.63	1.01	1.34	1.67
Fixed Assets Turnover	284.53	140.58	302.82	1.37K	20.76
Receivables Turnover (Average Receivables)	19.9	15.78	15.15	18.93	17.81
Short Term Liquidity
Current Ratio	7.85	5.58	6.46	6.84	6.38
Quick Ratio	7.5	5.42	6.19	6.7	6.25
Operating Cash Flow to Current Liabilities	-2.42	-2.24	-0.76	0.62	0.49
Days Sales Outstanding (Average Receivables)	18.34	23.13	24.1	19.33	20.5
Average Days Payable Outstanding	49.72	38.51	28.04	23.35	21.48
Long Term Solvency
Total Debt/Equity	-	0.37	-	-	-
Total Debt / Total Capital	-	0.36	-	-	-
LT Debt/Equity	-	0.15	-	-	-
Long-Term Debt / Total Capital	-	0.15	-	-	-
Total Liabilities / Total Assets	14.01	18.38	16.58	15.35	13.23
EBIT / Interest Expense	-164.2	-	-	-7.98	-
EBITDA / Interest Expense	-160.75	-	-	-5.9	-
(EBITDA - Capex) / Interest Expense	-161.91	-	-	-5.9	-
Total Debt / EBITDA	-	-0.01	-	-	-
Net Debt / EBITDA	2.16	1.83	5.63	48.32	-15.36
Total Debt / (EBITDA - Capex)	-	-0.01	-	-	-
Net Debt / (EBITDA - Capex)	2.14	1.82	5.59	48.32	-15.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	49.19	5.19	25.49	25.02	22
Gross Profit, 1 Yr. Growth %	26.16	-6.38	26.93	16.23	14.3
EBITDA, 1 Yr. Growth %	325.64	-17.71	-70.91	-88.92	-347.21
EBITA, 1 Yr. Growth %	324.88	-17.37	-70.43	-87.13	-229.51
EBIT, 1 Yr. Growth %	327.27	-17.99	-69.87	-85.79	-195.6
Earnings From Cont. Operations, 1 Yr. Growth %	180.47	26.98	-75.92	-105.98	578.83
Net Income, 1 Yr. Growth %	180.47	26.98	-75.92	-105.98	578.83
Normalized Net Income, 1 Yr. Growth %	161.77	25.28	-74.12	-112.88	242.63
Diluted EPS Before Extra, 1 Yr. Growth %	-56.82	-29.76	-77.11	-105.66	488.57
Accounts Receivable, 1 Yr. Growth %	-6.8	74.89	5.54	-5.22	66.56
Net Property, Plant and Equip., 1 Yr. Growth %	256.57	72.6	-53.62	39.47	152.34
Total Assets, 1 Yr. Growth %	580.21	-30.12	-8.98	-2.49	-2.75
Tangible Book Value, 1 Yr. Growth %	-265.75	-31.58	-6.52	-5.75	-5.36
Common Equity, 1 Yr. Growth %	-294.42	-33.67	-6.97	-1.05	-0.32
Cash From Operations, 1 Yr. Growth %	333.02	-7.05	-73.16	-171.4	-24.39
Capital Expenditures, 1 Yr. Growth %	426.19	-47.21	-56.86	-	-
Levered Free Cash Flow, 1 Yr. Growth %	335.68	9.5	-62.69	-125.2	-248.45
Unlevered Free Cash Flow, 1 Yr. Growth %	347.38	10.15	-62.69	-127.46	-248.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	72.55	25.27	14.89	25.26	23.5
Gross Profit, 2 Yr. CAGR %	92.67	8.68	9.01	21.46	15.21
EBITDA, 2 Yr. CAGR %	76.94	87.15	-51.07	-82.05	-47.67
EBITA, 2 Yr. CAGR %	76.93	87.37	-50.57	-80.49	-59.17
EBIT, 2 Yr. CAGR %	78.65	87.19	-50.29	-79.31	-63.15
Earnings From Cont. Operations, 2 Yr. CAGR %	46.87	88.72	-44.71	-88	-36.26
Net Income, 2 Yr. CAGR %	46.87	88.72	-44.71	-88	-36.26
Normalized Net Income, 2 Yr. CAGR %	41.83	81.09	-45	-81.75	-33.58
Diluted EPS Before Extra, 2 Yr. CAGR %	-43.77	-44.93	-59.91	-88.46	-42.27
Accounts Receivable, 2 Yr. CAGR %	147.89	27.67	35.86	0.02	25.64
Net Property, Plant and Equip., 2 Yr. CAGR %	116.6	148.08	-29.06	-51.54	1.08K
Total Assets, 2 Yr. CAGR %	130.93	118.02	-20.25	-5.79	-2.62
Tangible Book Value, 2 Yr. CAGR %	51.5	6.49	-20.02	-6.21	-2.97
Common Equity, 2 Yr. CAGR %	55.42	13.56	-21.45	-4.06	-0.69
Cash From Operations, 2 Yr. CAGR %	76.09	100.62	-50.05	-56.22	-27.85
Capital Expenditures, 2 Yr. CAGR %	119.19	66.67	-52.28	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	71.07	118.42	-35.97	-69.25	-36.15
Unlevered Free Cash Flow, 2 Yr. CAGR %	70.56	121.99	-36.15	-68.02	-36.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	58.1	46.31	25.35	18.17	24.16
Gross Profit, 3 Yr. CAGR %	77.15	51.48	14.45	11.37	19.25
EBITDA, 3 Yr. CAGR %	65.7	37.09	0.63	-70.18	-56.97
EBITA, 3 Yr. CAGR %	65.73	37.27	1.26	-68.44	-63.34
EBIT, 3 Yr. CAGR %	66.8	37.81	1.83	-67.26	-65.54
Earnings From Cont. Operations, 3 Yr. CAGR %	46.37	39.92	-5	-73.65	-53.92
Net Income, 3 Yr. CAGR %	46.37	39.92	-5	-73.65	-53.92
Normalized Net Income, 3 Yr. CAGR %	42.99	36.09	-5.32	-66.1	-51.49
Diluted EPS Before Extra, 3 Yr. CAGR %	-28.32	-39.44	-58.9	-78.9	-57.2
Accounts Receivable, 3 Yr. CAGR %	359	120.68	19.82	20.49	18.55
Net Property, Plant and Equip., 3 Yr. CAGR %	126.08	100.81	21.52	-36.6	185.74
Total Assets, 3 Yr. CAGR %	176.11	55.04	62.95	-14.72	-4.79
Tangible Book Value, 3 Yr. CAGR %	49.93	16.24	1.97	-15.57	-4.22
Common Equity, 3 Yr. CAGR %	52.5	17.02	6.26	-15.16	-2.83
Cash From Operations, 3 Yr. CAGR %	57.56	42.31	2.61	-43.74	-48.11
Capital Expenditures, 3 Yr. CAGR %	102.37	36.37	6.22	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	47.43	20.87	-53.14	-46.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	47.43	22.18	-51.99	-46.65
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	39.15	37.49	24.61
Gross Profit, 5 Yr. CAGR %	-	-	45.88	38.67	14.9
EBITDA, 5 Yr. CAGR %	-	-	1.72	-39.21	-22.53
EBITA, 5 Yr. CAGR %	-	-	2.15	-37.1	-29.59
EBIT, 5 Yr. CAGR %	-	-	2.78	-35.45	-32.19
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-0.84	-47.61	-19.01
Net Income, 5 Yr. CAGR %	-	-	-0.84	-47.61	-19.01
Normalized Net Income, 5 Yr. CAGR %	-	-	-1.06	-39.07	-17.84
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-43.18	-68.77	-52.62
Accounts Receivable, 5 Yr. CAGR %	-	-	182.05	60.8	22.12
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	42.2	3.64	146.09
Total Assets, 5 Yr. CAGR %	-	-	68.01	27.03	32.62
Tangible Book Value, 5 Yr. CAGR %	-	-	16.6	6.67	-0.07
Common Equity, 5 Yr. CAGR %	-	-	16.96	8.08	3.42
Cash From Operations, 5 Yr. CAGR %	-	-	-0.49	-11.2	-10.87
Capital Expenditures, 5 Yr. CAGR %	-	-	13.55	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-21.53	-6.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-20.29	-5.98