Thoughtworks Holding, Inc. financial data

Symbol
TWKS on Nasdaq
Industry
Services-Computer Programming Services
Location
200 East Randolph Street, 25 Th Floor, Chicago, Illinois
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Turing Holding Corp. (to 9/16/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 284 % -3.61%
Debt-to-equity 69 % -24.2%
Return On Equity -11.8 % -27.7%
Return On Assets -6.99 % -44.8%
Operating Margin -3.76 % -2070%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 323 M shares +1.79%
Common Stock, Shares, Outstanding 323 M shares +1.88%
Entity Public Float 879 M USD -45.1%
Common Stock, Value, Issued 373 K USD +1.64%
Weighted Average Number of Shares Outstanding, Basic 323 M shares +1.96%
Weighted Average Number of Shares Outstanding, Diluted 323 M shares +1.96%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.07 B USD -16.7%
Cost of Revenue 742 M USD -18.5%
Costs and Expenses 1.11 B USD -13.7%
Operating Income (Loss) -40.2 M USD -1706%
Nonoperating Income (Expense) -33.1 M USD +2.28%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -73.2 M USD -103%
Income Tax Expense (Benefit) 18.2 M USD -46.2%
Net Income (Loss) Attributable to Parent -91.4 M USD -30.8%
Earnings Per Share, Basic -0.29 USD/shares -26.1%
Earnings Per Share, Diluted -0.29 USD/shares -26.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 72.6 M USD -33.6%
Accounts Receivable, after Allowance for Credit Loss, Current 131 M USD -10.8%
Other Assets, Current 25.8 M USD
Assets, Current 381 M USD -13.2%
Property, Plant and Equipment, Net 27.2 M USD -23.2%
Operating Lease, Right-of-Use Asset 39.2 M USD -14%
Intangible Assets, Net (Excluding Goodwill) 387 M USD -2.48%
Goodwill 420 M USD -0.12%
Other Assets, Noncurrent 19.1 M USD -16.1%
Assets 1.27 B USD -6.77%
Accounts Payable, Current 4.27 M USD -41.7%
Accrued Liabilities, Current 14.4 M USD -61.4%
Contract with Customer, Liability, Current 12.1 M USD +96.4%
Liabilities, Current 133 M USD -19.7%
Deferred Income Tax Liabilities, Net 47.7 M USD -22.1%
Operating Lease, Liability, Noncurrent 28 M USD -11.1%
Other Liabilities, Noncurrent 22.5 M USD -6.09%
Liabilities 515 M USD -10.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -38.5 M USD +1.12%
Retained Earnings (Accumulated Deficit) -224 M USD -70.5%
Stockholders' Equity Attributable to Parent 753 M USD -4.38%
Liabilities and Equity 1.27 B USD -6.77%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -15.8 M USD -148%
Net Cash Provided by (Used in) Financing Activities -4.78 M USD +95.3%
Net Cash Provided by (Used in) Investing Activities -4.14 M USD +76.4%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 373 M shares +1.58%
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 -27.5 M USD +67.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 74.2 M USD -32.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.06 M USD -8.76%
Deferred Tax Assets, Valuation Allowance 47.6 M USD +67%
Deferred Tax Assets, Gross 108 M USD +22%
Operating Lease, Liability 45.1 M USD -1.7%
Depreciation 21.9 M USD +2.82%
Payments to Acquire Property, Plant, and Equipment 4.22 M USD +155%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -91 M USD +1.7%
Lessee, Operating Lease, Liability, to be Paid 50.6 M USD -1.98%
Property, Plant and Equipment, Gross 98.7 M USD +4.68%
Operating Lease, Liability, Current 14.1 M USD -14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.1 M USD +12.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.4 M USD -2.94%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +18.9%
Deferred Income Tax Expense (Benefit) -8.35 M USD +57%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.57 M USD -4.17%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.09 M USD +16.5%
Deferred Tax Assets, Operating Loss Carryforwards 40.6 M USD +99.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -4.21 M USD +72.6%
Current Income Tax Expense (Benefit) 33.9 M USD -32.6%
Preferred Stock, Shares Authorized 100 M shares 0%
Unrecognized Tax Benefits 18.4 M USD +23%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.38 M USD -20.5%
Operating Lease, Payments 21.5 M USD +8.53%
Additional Paid in Capital 1.64 B USD +3.55%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 3.23 M USD -65.1%
Current Federal Tax Expense (Benefit) 6.52 M USD -80.1%
Amortization of Intangible Assets 14.5 M USD +10.7%
Depreciation, Depletion and Amortization 7.16 M USD -21.3%
Deferred Tax Assets, Net of Valuation Allowance 60.3 M USD +0.56%
Share-based Payment Arrangement, Expense 58 M USD -65.4%
Deferred State and Local Income Tax Expense (Benefit) -947 K USD +70.7%
Interest Expense 26 M USD +5.21%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%