TalkSpace - CW25 | 10-Q: FY2025 Q1 Revenue: USD 52.18 M

Revenue: As of FY2025 Q1, the actual value is USD 52.18 M.

EPS: As of FY2025 Q1, the actual value is USD 0.

EBIT: As of FY2025 Q1, the actual value is USD 441 K.

Payor Revenue: Increased by $9.3 million, or 32.7%, to $37.8 million for the three months ended March 31, 2025, from $28.5 million for the same period in 2024.
DTE Revenue: Decreased by $0.3 million, or 3.3%, to $9.6 million for the three months ended March 31, 2025, from $9.9 million for the same period in 2024.
Consumer Revenue: Decreased by $2.2 million, or 32.0%, to $4.8 million for the three months ended March 31, 2025, from $7.0 million for the same period in 2024.

Net Income: $318 thousand for the three months ended March 31, 2025, compared to a net loss of - $1,466 thousand for the same period in 2024.
Gross Profit: Increased by $1.6 million, or 7.1%, to $23.3 million for the three months ended March 31, 2025, from $21.7 million for the same period in 2024.
Operating Expenses: Increased by $1.0 million, or 4.1%, to $24.4 million for the three months ended March 31, 2025, from $23.4 million for the same period in 2024.

Net Cash Used in Operating Activities: - $1,239 thousand for the three months ended March 31, 2025, compared to - $3,391 thousand for the same period in 2024.
Net Cash Used in Investing Activities: - $9,019 thousand for the three months ended March 31, 2025, compared to - $385 thousand for the same period in 2024.
Net Cash Used in Financing Activities: - $6,357 thousand for the three months ended March 31, 2025, compared to $146 thousand provided for the same period in 2024.

Number of Completed Payor Sessions: 350,000 sessions for the three months ended March 31, 2025, compared to 284,200 sessions for the same period in 2024.
Number of Consumer Active Members: 6,900 as of March 31, 2025, compared to 11,100 as of March 31, 2024.

Core Business Focus: The company plans to continue focusing on increasing utilization within Payor members and expanding enterprise customers.
Non-Core Business: The company has strategically decided to optimize and focus marketing efforts on attracting Payor members, reducing resources dedicated solely to the Consumer category.

Revenue: As of FY2025 Q1, the actual value is USD 52.18 M.

EPS: As of FY2025 Q1, the actual value is USD 0.

EBIT: As of FY2025 Q1, the actual value is USD 441 K.

Payor Revenue: Increased by $9.3 million, or 32.7%, to $37.8 million for the three months ended March 31, 2025, from $28.5 million for the same period in 2024.
DTE Revenue: Decreased by $0.3 million, or 3.3%, to $9.6 million for the three months ended March 31, 2025, from $9.9 million for the same period in 2024.
Consumer Revenue: Decreased by $2.2 million, or 32.0%, to $4.8 million for the three months ended March 31, 2025, from $7.0 million for the same period in 2024.

Net Income: $318 thousand for the three months ended March 31, 2025, compared to a net loss of - $1,466 thousand for the same period in 2024.
Gross Profit: Increased by $1.6 million, or 7.1%, to $23.3 million for the three months ended March 31, 2025, from $21.7 million for the same period in 2024.
Operating Expenses: Increased by $1.0 million, or 4.1%, to $24.4 million for the three months ended March 31, 2025, from $23.4 million for the same period in 2024.

Net Cash Used in Operating Activities: - $1,239 thousand for the three months ended March 31, 2025, compared to - $3,391 thousand for the same period in 2024.
Net Cash Used in Investing Activities: - $9,019 thousand for the three months ended March 31, 2025, compared to - $385 thousand for the same period in 2024.
Net Cash Used in Financing Activities: - $6,357 thousand for the three months ended March 31, 2025, compared to $146 thousand provided for the same period in 2024.

Number of Completed Payor Sessions: 350,000 sessions for the three months ended March 31, 2025, compared to 284,200 sessions for the same period in 2024.
Number of Consumer Active Members: 6,900 as of March 31, 2025, compared to 11,100 as of March 31, 2024.

Core Business Focus: The company plans to continue focusing on increasing utilization within Payor members and expanding enterprise customers.
Non-Core Business: The company has strategically decided to optimize and focus marketing efforts on attracting Payor members, reducing resources dedicated solely to the Consumer category.