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Discontinued — last reported Q1 '24

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Other financials

Income statement

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Revenue$61.7M+13.6%
Gross profit$23.3M+7.1%
Operating income-$2.1M-18.0%
Net income-$1.5M-180%
EPS (diluted)-$0.01

Balance sheet

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Cash & equivalents$39.2M-27.9%
Total debt$466.0K
Total equity$112.1M-0.7%
Total assets$136.4M+2.8%

Cash flow

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Operating cash flow$11.4M+3,344%
Free cash flow$5.2M

Valuation

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Market cap$872.74M+112%
P/E4,498.7×+4,355×
P/S3.6×+1.5×

Profitability

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Gross margin45%-4.0pp
Operating margin-1.3%
Net margin0.1%-1.3pp
FCF margin-0.8%-0.4pp

Returns & leverage

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Return on equity0.2%-2.4pp
Debt / equity
Current ratio4.5×-2.0×

Where this comes from

Reported directly by Talkspace, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Talkspace, Inc.’s 10-Q, filed May 9, 2024.

Filed
May 9, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0000950170-24-056301
(U.S. dollars in thousands)Three Months Ended March 31, 2024Three Months Ended March 31, 2023
Other(2)(95)
Net cash used in operating activities(3,391)(14,037)
Cash flows from investing activities:
Purchase of property and equipment(385)(9)
Proceeds from sale of property and equipment28
Net cash used in investing activities(385)19
Cash flows from financing activities:
Proceeds from exercise of stock options741621

Item 1. Financial Statements.

FAQ

What is Talkspace, Inc.'s capex?
Talkspace, Inc. (TALK) reported capex of $385K in Q1 2024.
How has Talkspace, Inc.'s capex changed year-over-year?
Talkspace, Inc.'s capex increased by 4177.8% year-over-year, from $9K to $385K.
What is the long-term trend for Talkspace, Inc.'s capex?
Over 2 years (2021 to 2023), Talkspace, Inc.'s capex has grown at a -52.3% compound annual growth rate (CAGR), from $663K to $151K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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