Talkspace, Inc. · NASDAQ:TALK

Talkspace — Q4 2024 Earnings Presentation

10 slides from Talkspace's earnings presentation, Feb 20, 2025

  1. Slide 1: 2024 Fourth Quarter Earnings Presentation

    2024 Fourth Quarter Earnings Presentation February 20, 2025

  2. Slide 2: Disclaimer

    2024 FOURTH QUARTER EARNINGS PRESENTATION 2 Disclaimer This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements contained in this presentation that do not relate to maers of historical fact s

  3. Slide 3: 2024 Performance Highlights

    2024 FOURTH QUARTER EARNINGS PRESENTATION 3 2024 Performance Highlights USD, Millions Thousands USD, Millions 2 1 Revenue and % Composition Payor Sessions Adjusted EBITDA3 $64 54% $39 $39 34% 34% PAYOR DTE CONSUMER (1) Revenue is presented on an as-reported basis. (2) Includes sessions from Managed

  4. Slide 4: Revenue and Gross Profit

    2024 FOURTH QUARTER EARNINGS PRESENTATION 4 Revenue and Gross Profit USD, Millions USD, Millions Revenue Gross Profit and % Margin PAYOR DTE CONSUMER GROSS PROFIT % MARGIN

  5. Slide 5: Operating Expense and Adjusted EBITDA

    2024 FOURTH QUARTER EARNINGS PRESENTATION 5 Operating Expense and Adjusted EBITDA1 USD, Millions USD, Millions Operating Expenses Adjusted EBITDA1 ($2.8) ($4.0) $(6.4) NORMALIZED OPEX NORMALIZED OPEX SBC + NON-RECURRING AS % OF REVENUE (1) Adjusted EBITDA is a non-GAAP financial measure. For a reconc

  6. Slide 6: 4Q 2024 Business Highlights

    2024 FOURTH QUARTER EARNINGS PRESENTATION 6 4Q 2024 Business Highlights Expanding our Available Market Optimizing Member and Provider Experience ● Grew covered lives to 179M, +37% YoY ● Tech improvements driving utilization and member satisfaction: ● +21% active members, +32% Payor sessions +9% sess

  7. Slide 7: 2025 Financial Guidance

    2024 FOURTH QUARTER EARNINGS PRESENTATION 7 2025 Financial Guidance1 Revenue Adjusted EBITDA2 $220M to $235M $14M to 20M +17% to +25% YoY +101% to 187% YoY Building mental fitness Reduce stress, build resilience, and increase self-understanding with self-guided courses, online classes, reflections and

  8. Slide 8: Appendix

    8 Appendix

  9. Slide 9: Non-GAAP Financial Measures

    2024 FOURTH QUARTER EARNINGS PRESENTATION 9 Non-GAAP Financial Measures In addition to our financial results determined in accordance with GAAP, we believe adjusted EBITDA, a non-GAAP measure, is useful in evaluating our operating performance, and our management uses it as a key performance measure t

  10. Slide 10: Reconciliation of Net Income (Loss) to Adjusted EBITDA

    2024 FOURTH QUARTER EARNINGS PRESENTATION 10 Reconciliation of Net Income (Loss) to Adjusted EBITDA Adjusted EBITDA We calculate adjusted EBITDA as net income (loss) adjusted to exclude (i) depreciation and amortization, (ii) interest and other expenses (income), net, (iii) tax benefit and expense, (

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