Thoughtworks Holding, Inc. financial data

Symbol
TWKS on Nasdaq
Industry
Services-Computer Programming Services
Location
200 East Randolph Street, 25 Th Floor, Chicago, IL
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Turing Holding Corp. (to 9/16/2021)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 274 % -3.67%
Debt-to-equity 69.9 % -13.5%
Return On Equity -15.3 % -174%
Return On Assets -8.97 % -192%
Operating Margin -5.91 % -505%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 323M shares +1.71%
Common Stock, Shares, Outstanding 323M shares +1.72%
Entity Public Float 879M USD -45.1%
Common Stock, Value, Issued 374K USD +1.63%
Weighted Average Number of Shares Outstanding, Basic 323M shares +1.78%
Weighted Average Number of Shares Outstanding, Diluted 323M shares +1.78%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.03B USD -16.5%
Cost of Revenue 727M USD -15%
Costs and Expenses 1.09B USD -10.3%
Operating Income (Loss) -61M USD -438%
Nonoperating Income (Expense) -39.4M USD -71.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -100M USD -1951%
Income Tax Expense (Benefit) 15.2M USD -59.9%
Net Income (Loss) Attributable to Parent -116M USD -170%
Earnings Per Share, Basic -0.36 USD/shares -157%
Earnings Per Share, Diluted -0.36 USD/shares -157%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 47.7M USD -45.8%
Accounts Receivable, after Allowance for Credit Loss, Current 144M USD -6.72%
Other Assets, Current 25.9M USD
Assets, Current 367M USD -11.6%
Property, Plant and Equipment, Net 26.5M USD -17.5%
Operating Lease, Right-of-Use Asset 35.3M USD -19.1%
Intangible Assets, Net (Excluding Goodwill) 387M USD -2.48%
Goodwill 418M USD -1.01%
Other Assets, Noncurrent 20.1M USD -3.67%
Assets 1.25B USD -6.04%
Accounts Payable, Current 3.11M USD -31.6%
Accrued Liabilities, Current 14.4M USD -61.4%
Contract with Customer, Liability, Current 12.7M USD +112%
Liabilities, Current 142M USD +2.9%
Deferred Income Tax Liabilities, Net 44.3M USD -18.4%
Operating Lease, Liability, Noncurrent 24.9M USD -18.1%
Other Liabilities, Noncurrent 24.3M USD +11%
Liabilities 518M USD -2.95%
Accumulated Other Comprehensive Income (Loss), Net of Tax -35.7M USD +9.98%
Retained Earnings (Accumulated Deficit) -261M USD -81.4%
Stockholders' Equity Attributable to Parent 729M USD -8.11%
Liabilities and Equity 1.25B USD -6.04%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -15.8M USD -148%
Net Cash Provided by (Used in) Financing Activities -4.78M USD +95.3%
Net Cash Provided by (Used in) Investing Activities -4.14M USD +76.4%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 374M shares +1.45%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -27.5M USD +67.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 49.4M USD -44.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.06M USD -8.76%
Deferred Tax Assets, Valuation Allowance 47.6M USD +67%
Deferred Tax Assets, Gross 108M USD +22%
Operating Lease, Liability 45.1M USD -1.7%
Payments to Acquire Property, Plant, and Equipment 4.22M USD +155%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -112M USD -146%
Lessee, Operating Lease, Liability, to be Paid 50.6M USD -1.98%
Property, Plant and Equipment, Gross 98.7M USD +4.68%
Operating Lease, Liability, Current 13.6M USD -12.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.1M USD +12.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.4M USD -2.94%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +18.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.57M USD -4.17%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.09M USD +16.5%
Deferred Tax Assets, Operating Loss Carryforwards 40.6M USD +99.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 18.4M USD +23%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.38M USD -20.5%
Operating Lease, Payments 4.76M USD
Additional Paid in Capital 1.65B USD +2.94%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 14.5M USD +10.7%
Depreciation, Depletion and Amortization 7.16M USD -21.3%
Deferred Tax Assets, Net of Valuation Allowance 60.3M USD +0.56%
Share-based Payment Arrangement, Expense 49.7M USD -57.2%
Interest Expense 26M USD +5.21%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%