TALK, TALKW · CIK 0001803901 · operating
Talkspace operates a virtual behavioral healthcare platform that matches patients with licensed mental health providers for treatment of conditions including depression, anxiety, and trauma. The company delivers psychotherapy and psychiatry services through asynchronous messaging, audio, and video modalities, enabling remote access to mental health care in the United States.
The company generates revenue through multiple channels: health insurance plans, employee assistance programs, direct contracts with enterprise customers, and individual direct-to-consumer subscriptions. This diversified customer base spans institutional and individual segments across the behavioral health market.
Talkspace was founded in 2012 and rebranded from Groop Internet Platform Inc. in 2021. Headquartered in New York, the company operates entirely through its digital platform without physical clinic locations, allowing it to reach patients across the country without geographic constraints typical of traditional mental health practices.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $0.01 | $0.01 | +108.3% | |
| 2023 | $-0.12 | $-0.12 | +76.5% | |
| 2022 | $-0.51 | $-0.51 | — | |
| 2021 | — | — | — | |
| 2020 | — | — | — |