Thoughtworks Holding, Inc.
TWKSTechnology · Services-Computer Programming Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|
| Revenue | $1.13B | $1.30B | $1.07B | $803.4M | $772.2M |
| Operating income | −$20.3M | −$47.3M | $48.8M | $120.5M | $75.9M |
| Net income | −$68.7M | −$105.4M | −$575,000 | $79.0M | $28.4M |
| Total assets | $1.33B | $1.46B | $1.48B | $1.48B | — |
| Total liabilities | $554.1M | $683.6M | $779.9M | $667.7M | — |
| Equity | $773.1M | $778.2M | $702.0M | $484.8M | $395.0M |
| EPS (diluted) | $-0.22 | $-0.34 | $-0.24 | $0.26 | $0.10 |
| Shares out. | 316.5M | 305.1M | 305.1M | 284.6M | 281.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −1.8%
- Net margin
- −6.1%
- Return on equity
- −8.9%
- Return on assets
- −5.2%
- Return on capital (ROCE)
- −1.7%
- Liabilities / assets
- 41.7%
- Debt / equity
- 0.72×
- Book value / share
- $2.44
- Revenue growth (YoY)
- −13.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- 2.22grey zone
- Accruals / assets
- −8.9%clean
- Beneish M-Score
- -3.08normal
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Altman Z″ in the grey zone
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Think Investments LpPassive (13G)Nov 14, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Regulation FD disclosureNov 13, 2024
- Results of operationsNov 12, 2024
- Entered a material agreement · Results of operations · Costs from exit or disposal · Shareholder vote · Regulation FD disclosureAug 5, 2024
- Director / officer changeJun 21, 2024
- Shareholder voteJun 6, 2024
- Results of operations · Costs from exit or disposal · Director / officer change · Regulation FD disclosureMay 7, 2024
- Results of operationsFeb 27, 2024
- Prior financials not reliable (restatement)Feb 12, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.