MARKET COMPOSITE
TALK - Talkspace Inc7:59:56 PM 4/19/2024
Price
$3.13
+ 0.16 (5.39%)
Talkspace is the leading virtual behavioral healthcare company committed to making care more effective, accessible, and convenient. Talkspace addresses the challenges of traditional mental healthcare by combining effective clinical solutions with technology designed for how we live today. The platform is powered by a diverse team of certified mental health specialists in every state providing therapy and psychiatric treatment for individuals, couples, and adolescents. Talkspace therapists meet clients where they are, on their schedules, on any device, via chat, voice, and video. All care is delivered through an easy-to-use and fully encrypted web and mobile platform, consistent with HIPAA and other state regulatory requirements. More than two million people have used Talkspace. Talkspace for Business, the enterprise division of Talkspace, now covers more than 55 million lives. Existing relationships include leading employers, schools, and the nation’s largest health care plans, including an in-network provider agreement with Cigna.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue42.4MM+10%
Gross Profit21MM+11%
Cost Of Revenue21.4MM+8%
Operating Income-43.8MM-946%
Operating Expenses23.6MM-2%
Net Income-1.3MM-70%
R&D3.9MM-7%
G&A5.4MM+2%
Marketing12.8MM-3%
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