NASDAQ$TALK

Talkspace Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported a 73% year-over-year increase in net revenue and a 40% year-over-year increase in total active members.

Talkspace reported a strong second quarter with a 73% increase in net revenue year-over-year, reaching approximately $31 million. Total active members also grew by more than 40% year-over-year, reaching approximately 61,500. The company reaffirmed its full-year 2021 net revenue guidance, expecting 64% year-over-year growth.

  • Net revenue grew 73% year-over-year to approximately $31 million.
  • Total active members grew more than 40% year-over-year to approximately 61,500.
  • Reaffirmed FY 2021 net revenue guidance, expecting 64% year-over-year growth.
  • Experienced broad-based momentum driven by significant demand and a shift to virtual care.

Headline financials

Total Revenue

$31M

No prior period
EPS (adj)

-$1.15

No prior period
Capital Expenditures

-$449K

No prior period
Free Cash Flow

-$30.9M

No prior period
Net Income

-$30.4M

No prior period
Operating Income

-$27.6M

No prior period
Gross Profit

$19.3M

No prior period
Cash & Equivalents

$248M

No prior period
Total Assets

$270M

No prior period
Stock-Based Comp

$15.2M

No prior period

Revenue & EPS history

Talkspace · Revenue · Quarterly

$31M

Q2 2021
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Talkspace · $9.07M total across 1 segment · Q2 2023

  • Consumer revenue
    $9.07M

Forward guidance

The Company is reaffirming its net revenue guidance of $125 million for the full year ending December 31, 2021. The Company’s outlook for net revenue is $32 million for the third quarter ending September 30, 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-1.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+5.5%

Avg return

30 days after

48%

10 / 21 earnings

Positive

+23.2%

Q2 2023

Best reaction

-38.3%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-0.2%+0.4%
Q4 2025+22.4%+14.8%+30.8%
Q3 2025+4.3%+20.9%+22.0%
Q1 2025+1.0%-3.5%+3.8%
Q4 2024-14.8%-23.8%-27.5%
Q3 2024+17.8%+16.7%+29.0%
Q2 2024-4.5%-4.5%+6.2%
Q1 2024-16.4%-11.6%-17.0%
Q4 2023+17.9%+23.1%+52.6%
Q3 2023-10.0%-11.1%+26.1%
Q2 2023+23.2%+21.8%+12.0%
Q1 2023+8.4%+7.5%+33.0%
Q4 2022-7.5%-5.5%-25.6%
Q3 2022+7.3%+17.5%+4.4%
Q2 2022-17.2%-14.6%-32.3%
Q1 2022-4.3%-7.1%+25.7%
Q4 2021+4.2%+4.2%+19.6%
Q3 2021-38.3%-36.0%-45.1%
Q2 2021-15.7%-8.0%-9.3%
Q4 2020-0.1%+0.9%-0.1%
Q3 2020-0.3%+0.5%+7.7%

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