earnings
confidence high
sentiment negative
materiality 0.75
Talkspace reports FY 2021 revenue up 49% to $114M, net loss widens to $63M
Talkspace, Inc.
2022-FY EPS reported
-$0.72
revenue$113,671,000
- Revenue $113.7M (+49% YoY); B2B eligible lives up 75% to 69M.
- Gross margin fell to 59% (down ~700bps) from mix shift to B2B and revenue reserves.
- Net loss $62.7M vs $21.7M prior year; Adjusted EBITDA loss $60.9M.
- Q4 revenue $29.2M (+14%); B2C revenue declined 15% due to reduced marketing spend.
- Cash and equivalents $198.3M as of Dec 31, 2021.