NASDAQ$TALK

Talkspace Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported a revenue increase of 14% driven by B2B growth but faced challenges in the B2C sector due to reduced marketing spend.

Talkspace's Q4 2021 results showed revenue growth driven by its B2B segment, offsetting a decline in B2C revenue due to reduced marketing spend. The company reported a net loss of $21 million and an adjusted EBITDA loss of $18 million.

  • Revenue increased by 14% to $29 million, driven by growth in B2B sector and a favorable revenue reserve.
  • B2C revenue declined by 15% due to reduced marketing spend.
  • Gross profit decreased by 5% to $16 million, with gross margin declining to 55% due to a shift towards B2B revenue and increased therapist costs.
  • Net loss amounted to $21 million, impacted by higher customer acquisition costs and employee-related expenses.

Headline financials

Total Revenue

$29.2M

Previous: $25.7M+13.6%
EPS (adj)

-$0.14

Previous: -$0.83+83.1%
Capital Expenditures

$41K

Previous: $83K-50.6%
Free Cash Flow

-$24.6M

Previous: -$8.6M-186.7%
Net Income

-$21.1M

Previous: -$11.1M-89.3%
Operating Income

-$28.6M

Previous: -$33M+13.3%
Gross Profit

$16M

Previous: $16.7M-4.5%
Cash & Equivalents

$198M

Previous: $13.2M+1396.5%
Total Assets

$224M

Previous: $32.9M+580.2%
Stock-Based Comp

$6.82M

Previous: $1.91M+257.5%

Revenue & EPS history

Talkspace · Revenue · Quarterly

$29.2M

Q4 2021+13.6%vs Q4 2020
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Talkspace · $16.5M total across 1 segment · Q4 2021

  • Consumer revenue
    $16.5M-15.0%

Forward guidance

No specific forward guidance was provided in the document.

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 Q4 2021

Historical avgQ4 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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