Here's Why We're Not At All Concerned With Talkspace's (NASDAQ:TALK) Cash Burn Situation [Yahoo! Finance]
Talkspace, Inc. (TALK)
Company Research
Source: Yahoo! Finance
But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. In light of its strong share price run, we think now is a good time to investigate how risky Talkspace's cash burn is. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway. See our latest analysis for Talkspace Does Talkspace Have A Long Cash Runway? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Talkspace last reported its December 2023 balance sheet in March 2024, it had zero debt and cash worth US$124m. In the last year, its cash burn was US$17m. Therefore, from December 2023 it had 7.5 years of cash runway. Notably, however, analysts think that Talkspace will break even
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News
- Talkspace Unveils New Brand Identity Alongside Mental Health Awareness Month [Yahoo! Finance]Yahoo! Finance
- Talkspace Unveils New Brand Identity Alongside Mental Health Awareness MonthBusiness Wire
- Talkspace Launches Behavioral Health Consortium of Specialized Care and Treatment Programs, Expanding In-Network Offerings for Members [Yahoo! Finance]Yahoo! Finance
- Talkspace Launches Behavioral Health Consortium of Specialized Care and Treatment Programs, Expanding In-Network Offerings for MembersBusiness Wire
- Mental Health App Market to Hit US$ 14.72 Billion by 2034: Fact.MR Analysis [Yahoo! Finance]Yahoo! Finance
TALK
Earnings
- 2/22/24 - Beat
TALK
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/26/24 - Form 4
- TALK's page on the SEC website