Talkspace, Inc. (TALK) intrinsic value & 10-year financials
Talkspace, Inc. (TALK) has a Graham intrinsic value of $1.33 per share. Over the last 8 fiscal years revenue grew 34.8% a year to $228.9M, with an average return on invested capital of 142.8%.
- Graham intrinsic value
- $1.33
- Revenue (FY2025)
- $228.9M
- Revenue growth (8-yr CAGR)
- 34.8%
- ROIC (10-yr avg)
- 142.8%
- Free cash flow (FY2025)
- —
TALK 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $228.9M | $7.8M | $0.04 | — | 1.4% | 2.5% |
| FY2024 | $187.6M | $1.1M | $0.01 | — | -2.4% | -3.5% |
| FY2023 | $150.0M | -$19.2M | -$0.12 | -$16.5M | -15.5% | 216.7% |
| FY2022 | $119.6M | -$79.7M | -$0.51 | -$61.4M | -69.5% | 776.5% |
| FY2021 | $113.7M | -$62.7M | -$0.72 | -$66.4M | -82.6% | -95.2% |
| FY2020 | $76.2M | -$22.4M | -$1.67 | -$15.3M | -28.9% | 58.9% |
| FY2019 | $38.2M | -$29.1M | — | -$21.3M | -77.1% | 44.0% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Talkspace, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Talkspace, Inc. has historically struggled to out-earn its cost of capital, averaging just 2.4% ROIC.
Talkspace, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Talkspace, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.33 per share.