Talkspace SPAC Presentation Deck
Valuation benchmarking to peers
'19A-¹22E
Revenue
CAGR
EV / Revenue
EV Gross Profit
75%
11.3x
17.7x³
3
6.9x
talk space
Talkspace premium /
(discount) to peers
11.0x
talkspace
3
Talkspace premium /
(discount) to peers
24.4x
38%
17.8x
GoodP
26.0x
(53%) / (61%)
19.0x
GoodPx
(35%) / (45%)
32%
16.7x
13.0x
44.5x
amwell
(32%) / (47%)
31.5x
amwell
(65%) / (69%)
16.7x
68%
25.0x
12.7x
● TELADOC.
(32%) / (46%)
2021
18.8x
2021 Core Peers Median: 16.7x
2022 Core Peers Median: 12.9x
OTELADOC.
(36%) / (47%)
2022
3.7x
20%
2.6x
7.5x
SOC Telemed"
205%/162%
2021 Core Peers Median: 25.5x
2022 Core Peers Median: 18.9x
4.9x
SOC Telemed"
12.2x
104% / 94%
24%
9.8x
Disruptive
Healthcare¹
22.9x
(7%) / (29%)
18.9x
Disruptive
Healthcare¹
(23%) / (42%)
14.4x
t
Source: FactSet as of 03/05/21; 1 Disruptive Healthcare includes mean of: Accolade, DexCom, Health Catalyst, Health Equity, Inspire Medical, iRhythm, Novocure, Oak Street, One Medical, Phreesia, Veeva;
2 High Growth Internet includes mean of: Chegg, Etsy, Fiverr, Match, Shopify, Upwork, Zoom; 3 Represents PF HEC multiples
49%
20.9x
11.8x
High Growth
Internet²
(21%) / (41%)
17.1x
High Growth
Internet²
(15%) / (36%)
69View entire presentation