Talkspace Q4 net loss narrows to $1.3M; announces $15M share repurchase

Talkspace, Inc.

2023-FY EPS reported -$0.12 revenue$25,300,000

Q4 revenue $42.4M (+40% YoY); Payor revenue up 138% YoY.
Q4 net loss $1.3M vs. $(18.3)M in prior year; Adj. EBITDA loss $0.3M, improved 97%.
FY2023 revenue $150M (+25% YoY); net loss $19.2M vs. $(79.7M) in 2022.
FY2024 guidance: revenue $185-195M, adjusted EBITDA $4-8M.
Board authorized $15M share repurchase over 24 months starting March 1, 2024.

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