Thoughtworks Holding, Inc.

TWKS

TWKSThoughtworks Holding, Inc. US flag

NASDAQ Global Select

4.47

USD

- -

1.45BMarket Cap

Income Statement (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Sales/Revenue/Turnover	772	803	1,070	1,296	1,127
+ Sales & Services Revenue	772	803	1,070	1,296	1,127
- Cost of Revenue	477	476	670	950	773
+ Cost of Goods & Services	477	476	670	950	773
Gross Profit	296	328	400	346	354
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	220	207	352	393	355
+ Selling, General & Admin	204	190	334	373	332
+ Research & Development	- -	- -	- -	- -	- -
+ Other Operating Expense	16	17	18	20	24
Operating Income (Loss)	76	120	49	-47	-1
- Non-Operating (Income) Loss	28	18	33	27	42
+ Interest Expense, Net	26	26	25	22	26
+ Interest Expense	26	26	25	22	26
- Interest Income	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	2	-7	7	5	16
Pretax Income	48	102	16	-75	-43
- Income Tax Expense (Benefit)	19	23	17	31	26
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	28	79	-1	-105	-69
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	28	79	-1	-105	-69
- Minority Interest	- -	- -	- -	- -	- -
Net Income, GAAP	28	79	-1	-105	-69
- Preferred Dividends	- -	- -	60	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	28	79	-60	-105	-69
EBIT	76	120	49	-47	-1
EBITDA	99	147	78	-13	35
EBITDA Margin (%)	12.84	18.3	7.32	-0.99	3.11
EBITA	76	120	49	-47	-1
Gross Margin (%)	38.28	40.8	37.41	26.69	31.42
Operating Margin (%)	9.83	15	4.56	-3.65	-0.12
Profit Margin (%)	3.68	9.83	-0.05	-8.13	-6.09
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	0.62	- -	1.24	- -	- -
Depreciation Expense	23	27	30	34	36
Basic Weighted Avg Shares	306	306	254	311	318
Basic EPS, GAAP	0.09	0.26	-0.24	-0.34	-0.22
Basic EPS from Cont Ops	0.09	0.26	- -	-0.34	-0.22
Diluted Weighted Avg Shares	335	335	254	311	318
Diluted EPS, GAAP	0.08	0.24	-0.24	-0.34	-0.22
Diluted EPS from Cont Ops	0.08	0.24	- -	-0.34	-0.22

Balance Sheet (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Total Current Assets	263	712	679	557	428
+ Cash, Cash Equivalents & STI	56	491	368	194	100
+ Cash & Cash Equivalents	56	491	368	194	100
+ ST Investments	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	190	202	250	324	283
+ Accounts Receivable, Net	122	113	146	202	168
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	69	88	104	122	115
+ Inventories	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	17	19	61	38	45
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	766	763	803	905	899
+ Property, Plant & Equip, Net	28	26	34	82	68
+ Property, Plant & Equip	47	61	80	137	140
- Accumulated Depreciation	19	35	45	55	73
+ LT Investments & Receivables	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	737	737	768	823	831
+ Total Intangible Assets	724	720	746	802	812
+ Goodwill	314	318	347	405	425
+ Other Intangible Assets	410	402	399	397	387
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	14	17	23	21	19
Total Assets	1,029	1,475	1,482	1,462	1,327
+ Payables & Accruals	28	50	70	66	30
+ Accounts Payable	5	4	5	5	3
+ Accrued Taxes	15	27	52	30	10
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	8	19	14	30	17
+ ST Debt	6	5	7	23	22
+ ST Borrowings	5	5	7	7	7
+ ST Finance Leases	2	- -	- -	16	15
+ Other ST Liabilities	54	63	103	91	107
+ Deferred Revenue	9	12	14	5	18
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	45	52	89	85	89
Total Current Liabilities	89	118	181	180	159
+ LT Debt	438	435	497	422	316
+ LT Borrowings	438	435	497	392	286
+ LT Finance Leases	- -	- -	- -	30	30
+ Other LT Liabilities	107	437	102	82	79
+ Accrued Liabilities	93	98	83	63	55
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	13	339	19	20	24
Total Noncurrent Liabilities	545	872	599	504	395
Total Liabilities	634	991	780	684	554
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	379	381	1,360	1,566	1,628
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	379	381	1,359	1,566	1,627
- Treasury Stock	2	2	629	625	623
+ Retained Earnings	27	106	-17	-124	-194
+ Other Equity	-10	-2	-11	-39	-38
Equity Before Minority Interest	395	485	702	778	773
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
Total Equity	395	485	702	778	773
Total Liabilities & Equity	1,029	1,475	1,482	1,462	1,327
Shares Outstanding	305	305	305	316	322
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	2	- -	- -	46	45
Net Debt	387	-51	136	205	193
Net Debt to Equity	97.86	-10.54	19.42	26.31	24.95
Tangible Common Equity Ratio	-107.73	-31.19	-5.93	-3.61	-7.49
Current Ratio	2.96	6.02	3.76	3.1	2.69
Cash Conversion Cycle	- -	49.74	41.7	47.01	57.97

Cash Flow Statement (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

+ Net Income	28	79	-1	-105	-69
+ Depreciation & Amortization	23	27	30	34	36
+ Non-Cash Items	12	8	113	265	81
+ Stock-Based Compensation	2	2	128	251	65
+ Deferred Income Taxes	4	2	-22	-19	-8
+ Asset Impairment Charge	4	8	-1	2	5
+ Other Non-Cash Adj	3	-4	9	32	20
+ Chg in Non-Cash Work Cap	-35	12	-24	-105	- -
+ (Inc) Dec in Accts Receiv	-46	-13	-49	-83	40
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	- -	-7	-4	- -
+ Inc (Dec) in Accts Payable	13	30	62	-5	-10
+ Inc (Dec) in Other	- -	-6	-31	-14	-30
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	29	125	118	89	49
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	1	1	- -
+ Disp of Fixed Prod Assets	- -	- -	1	1	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-19	-15	-26	-25	-9
+ Acq of Fixed Prod Assets	-19	-15	-26	-25	-9
+ Acq of Intangible Assets	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-1	- -	-385	- -	- -
+ Increase in Capital Stock	- -	- -	317	- -	- -
+ Decrease in Capital Stock	-1	- -	-702	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	-45	-70	-16
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-45	-70	-16
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-19	-15	-70	-94	-25
+ Dividends Paid	-189	- -	-315	- -	- -
+ Net Cash From Debt	181	-5	65	-107	-107
+ Cash From Debt	185	58	401	- -	- -
+ Repayments of Debt	-4	-63	-337	-107	-107
+ Other Financing Activities	3	323	495	-68	-13
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	-7	318	-141	-175	-120
Effect of Foreign Exchange Rates	1	7	-5	-20	2
Net Changes in Cash	4	428	-93	-180	-96
EBITDA	99	147	78	-13	35
EBITDA Margin (%)	12.84	18.3	7.32	-0.99	3.11
Free Cash Flow	11	110	92	65	40
Net Cash Paid for Acquisitions	- -	- -	45	70	16
Free Cash Flow to Firm	26	130	91	- -	- -
Free Cash Flow to Equity	- -	106	98	-42	-67
Free Cash Flow per Basic Share	0.03	0.36	0.36	0.21	0.13
Price/Free Cash Flow	- -	- -	47.22	27.82	26.34
Cash Flow to Net Income	1.03	1.59	-205.75	-0.85	-0.71
Capital Expenditures	-19	-15	-26	-25	-9