a community of passionate individuals whose purpose is to revolutionize software design, creation and delivery, while advocating for positive social change. we work with people and organizations who have ambitious missions - whether they are in the commercial, social or government sectors. we set up smart teams who love challenges and think disruptively to help our clients succeed. our agile development tools help our clients continuously improve and deliver quality software. we are focused on helping our industry improve, and believe in sharing what we learn. we do this by writing books, blogging, running events, talking at conferences, and championing open source. we are strong believers in the power of software and technology as tools for social change. through our social impact program, we collaborate with organizations with a humanitarian mission and broad reach, helping them use technology to make an impact. learn more at http://www.thoughtworks.com/
Company profile
Ticker
TWKS
Exchange
Website
CEO
Xiao Guo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Turing Holding Corp.
SEC CIK
Corporate docs
Subsidiaries
ThoughtWorks Australia Pty Ltd • ThoughtWorks Brasil Software LTDA. • ThoughtWorks Software Technologies (Beijing) Ltd. • ThoughtWorks Software Technologies (Chengdu) Ltd. • ThoughtWorks Software Technologies (Wuhan) Ltd. • ThoughtWorks Software Technologies (Xi’an) Ltd. • ThoughtWorks, Inc. • Turing Topco LLC • ThoughtWorks, Ltd. • ThoughtWorks Deutschland GmbH ...
TWKS stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Thoughtworks Reports First Quarter 2024 Financial Results
7 May 24
ARS
2023 FY
Annual report to shareholders
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Thoughtworks Reports Fourth Quarter and Full Year 2023 Financial Results
27 Feb 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
12 Feb 24
Transcripts
TWKS
Earnings call transcript
2024 Q1
7 May 24
TWKS
Earnings call transcript
2023 Q4
27 Feb 24
TWKS
Earnings call transcript
2023 Q3
7 Nov 23
TWKS
Earnings call transcript
2023 Q2
8 Aug 23
TWKS
Earnings call transcript
2023 Q2
8 Aug 23
TWKS
Earnings call transcript
2023 Q1
9 May 23
TWKS
Earnings call transcript
2022 Q4
28 Feb 23
TWKS
Earnings call transcript
2022 Q3
14 Nov 22
TWKS
Earnings call transcript
2022 Q2
15 Aug 22
TWKS
Earnings call transcript
2022 Q1
9 May 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 88.75 mm | 88.75 mm | 88.75 mm | 88.75 mm | 88.75 mm | 88.75 mm |
Cash burn (monthly) | 251.67 k | 8.09 mm | 8.22 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.89 mm | 60.59 mm | 61.55 mm | n/a | n/a | n/a |
Cash remaining | 86.86 mm | 28.16 mm | 27.19 mm | n/a | n/a | n/a |
Runway (months of cash) | 345.1 | 3.5 | 3.3 | n/a | n/a | n/a |
Institutional ownership, Q4 2023
61.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 10 |
Opened positions | 2 |
Closed positions | 113 |
Increased positions | 2 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 5.10 bn |
Total shares | 198.83 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
APAX IX GP | 197.75 mm | $0.00 |
LGT Capital Partners | 880.00 k | $4.23 bn |
Harbor Capital Advisors | 92.34 k | $444.16 mm |
Mirae Asset Global Investments | 43.66 k | $210.02 mm |
Arizona State Retirement System | 26.65 k | $128.17 mm |
SG Americas Securities | 23.50 k | $113.00 k |
Yarbrough Capital | 15.00 k | $72.15 mm |
Advisors Preferred | 2.32 k | $11.08 mm |
Quent Capital | 565.00 | $2.72 mm |
Nisa Investment Advisors | 123.00 | $592.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Mar 24 | Guo Xiao | Common Stock | Other | Dispose J | No | No | 0 | 504,895 | 0.00 | 1,412,082 |
2 Jan 24 | Christopher Gerard Murphy | Common Stock | Payment of exercise | Dispose F | Yes | No | 4.81 | 282 | 1.36 k | 8,494 |
27 Dec 23 | Joanna Parke | Common Stock | Sell | Dispose S | No | No | 5 | 16,005 | 80.03 k | 425,522 |
20 Nov 23 | Chad-Affonso Wathington | Common Stock | Payment of exercise | Dispose F | No | No | 4.01 | 1,338 | 5.37 k | 196,089 |
20 Nov 23 | Christopher Gerard Murphy | Common Stock | Payment of exercise | Dispose F | Yes | No | 4.01 | 128 | 513.28 | 8,776 |
20 Nov 23 | Christopher Gerard Murphy | Common Stock | Payment of exercise | Dispose F | No | No | 4.01 | 3,368 | 13.51 k | 641,900 |
News
Citigroup Maintains Neutral on Thoughtworks Holding, Raises Price Target to $3.25
8 May 24
Wedbush Reiterates Outperform on Thoughtworks Holding, Maintains $6 Price Target
8 May 24
Evaluating Thoughtworks Holding: Insights From 5 Financial Analysts
8 May 24
Baird Maintains Outperform on Thoughtworks Holding, Raises Price Target to $6
8 May 24
Why Beyond Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
7 May 24
Press releases
Thoughtworks CEO Guo Xiao to Step Down; Board Appoints Industry Veteran, Mike Sutcliff, as CEO
7 May 24
Thoughtworks Reports First Quarter 2024 Financial Results
7 May 24
ROSEN, A LONGSTANDING LAW FIRM, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation – TWKS
5 May 24
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation – TWKS
22 Apr 24
ROSEN, NATIONAL TRIAL COUNSEL, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS
19 Apr 24