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
DE
Fiscal year end
December 31
Former names
Turing Holding Corp. (to 9/16/2021)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 264 % -8.86%
Debt-to-equity 71 % -4.24%
Return On Equity -12.8 % -234%
Return On Assets -7.5 % -240%
Operating Margin -5.69 % -485%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 325M shares +1.98%
Common Stock, Shares, Outstanding 324M shares +1.8%
Entity Public Float 879M USD -45.1%
Common Stock, Value, Issued 374K USD +1.36%
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 1.01B USD -14.4%
Cost of Revenue 711M USD -10.9%
Costs and Expenses 1.07B USD -8.21%
Operating Income (Loss) -57.7M USD -429%
Nonoperating Income (Expense) -19.9M USD +11.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -77.7M USD -1478%
Income Tax Expense (Benefit) 18.2M USD -27.8%
Net Income (Loss) Attributable to Parent -95.9M USD -218%
Earnings Per Share, Basic -0.3 USD/shares -200%
Earnings Per Share, Diluted -0.3 USD/shares -200%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 47M USD -46.3%
Accounts Receivable, after Allowance for Credit Loss, Current 159M USD +3.93%
Other Assets, Current 35.1M USD
Assets, Current 378M USD -8.67%
Property, Plant and Equipment, Net 26.4M USD -7.56%
Operating Lease, Right-of-Use Asset 39.2M USD -7.4%
Intangible Assets, Net (Excluding Goodwill) 387M USD -2.48%
Goodwill 426M USD +2.43%
Other Assets, Noncurrent 20.7M USD -11.7%
Assets 1.27B USD -3.29%
Accounts Payable, Current 3.13M USD -24.1%
Accrued Liabilities, Current 14.4M USD -61.4%
Contract with Customer, Liability, Current 10.3M USD +49.2%
Liabilities, Current 155M USD +5.17%
Deferred Income Tax Liabilities, Net 44M USD -4.52%
Operating Lease, Liability, Noncurrent 29M USD -3.23%
Other Liabilities, Noncurrent 25.4M USD +8.77%
Liabilities 535M USD -0.01%
Accumulated Other Comprehensive Income (Loss), Net of Tax -32.5M USD +25.1%
Retained Earnings (Accumulated Deficit) -267M USD -57.5%
Stockholders' Equity Attributable to Parent 735M USD -5.54%
Liabilities and Equity 1.27B USD -3.29%

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 +1.51%
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 48.7M USD -45.2%
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 -85M USD -392%
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 13.4M USD -9.24%
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 1.66B USD +2.57%
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 43.8M USD -37.2%
Interest Expense 26M USD +5.21%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%