Talkspace Results Presentation Deck
Operating Expense and Adjusted EBITDA
% change QoQ
Q1 '22
Advertising Spend¹
Q2 '22
(23%)
(9%)
Q3 '22 Q4 '22
(16%)
USD, millions
$40
$30
$20
$10
$0
Operating Expenses ¹,2
$36.2
$2.4
$33.9
$35.6
$3.8
$31.8
$34.4
$4.1
$30.4
Q1 '22 Q2 '22
SBC + Non-recurring
Q3 '22
$37.2
$11.8
$25.4
Q4 '22
OpEx
USD, millions
($25)
($20)
($15)
($10)
($5)
($0)
Adjusted EBITA Loss ¹,2,3
$18.4
$17.0
$15.5
Q1 '22 Q2 '22 Q3 '22
(1)
2022 results are unaudited.
3Q'22 OpEx includes $0.9M non-recurring expenses; 4Q'22 OpEx includes a $6.1M non-recurring charge related to Goodwill Impairment and $5.5M accrual for estimated litigation expenses, partially offset by one-time savings related to marketing costs.
(3) Adjusted EBITDA is a non-GAAP financial measure. For a reconciliation to the most directly comparable GAAP measure, see the appendix to this presentation.
(2)
$8.9
Q4 '22
talk space
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