NASDAQ$TALK

Talkspace Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Net revenue grew driven by B2B, but overall financial results were below expectations due to lower B2C customers and a one-time non-cash reserve adjustment.

Talkspace reported Q3 2021 financial results with net revenue of $26.4 million, a 23% increase year-over-year. The growth was primarily driven by the B2B segment. However, the overall financial results were disappointing due to a lower number of B2C customers and a one-time non-cash reserve adjustment for credit losses.

  • Net Revenue of $26.4 million, a 23% increase over the prior-year period
  • Gross Profit of $14.2 million with a gross margin of 54%
  • Adjusted EBITDA loss of ($20.8) million
  • Net income of $1.5 million

Headline financials

Total Revenue

$26.4M

Previous: $21.5M+22.6%
EPS (adj)

$0.01

Previous: -$0.84+101.2%
Capital Expenditures

-$622K

Previous: $34K-1929.4%
Free Cash Flow

$883K

Previous: $965K-8.5%
Net Income

$1.51M

Previous: -$2.69M+155.9%
Operating Income

$25.2M

Previous: $2.4M+949.4%
Gross Profit

$14.2M

Previous: $15.1M-6.1%
Cash & Equivalents

$223M

Previous: $33.4M+567.2%
Total Assets

$249M

Previous: $416M-40.1%
Stock-Based Comp

$3.88M

Previous: $336K+1053.3%

Revenue & EPS history

Talkspace · Revenue · Quarterly

$26.4M

Q3 2021+22.6%vs Q3 2020
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

Management's outlook for future financial and operational performance.

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 Q3 2021

Historical avgQ3 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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