TaskUs Inc
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 8, 2024
TASK$9.23+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders’ Equity
(in thousands, except share data)
| Capital stock and additional paid-in capital · Accumulated deficit · Accumulated other comprehensive income (loss) · Total shareholders’ equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Class A common stock · Class B convertible common stock · Additional paid-in capital · Treasury stock | ||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount | ||||||||||
| Balance as of December 31, 2020 | — | $— | 91,737,020 | $917 | $398,202 | $(67,398) | $3,416 | — | $— | $335,137 |
| Issuance of common stock in the initial public offering, net of offering costs | 5,553,154 | 56 | — | — | 116,636 | — | — | — | — | 116,692 |
| Conversion of common stock | 21,704,326 | 217 | (21,704,326) | (217) | — | — | — | — | — | — |
| Issuance of common stock for settlement of equity awards | 275,588 | 3 | — | — | (3) | — | — | — | — | — |
| Shares withheld related to net share settlement | (101,804) | (1) | — | — | (4,606) | — | — | — | — | (4,607) |
| Stock-based compensation expense | — | — | — | — | 46,189 | — | — | — | — | 46,189 |
| Distribution of dividends (0.55 per share) | — | — | — | — | — | (50,000) | — | — | — | (50,000) |
| Net loss | — | — | — | — | — | (58,698) | — | — | — | (58,698) |
| Other comprehensive loss | — | — | — | — | — | — | (5,579) | — | — | (5,579) |
| Balance as of December 31, 2021 | 27,431,264 | $275 | 70,032,694 | $700 | $556,418 | $(176,096) | $(2,163) | — | $— | $379,134 |
| Issuance of common stock for settlement of equity awards | 1,819,740 | 18 | — | — | 3,460 | — | — | — | — | 3,478 |
| Shares withheld related to net share settlement | (193,456) | (2) | — | — | (4,143) | — | — | — | — | (4,145) |
| Shares issued in acquisition of heloo | 200,103 | 2 | — | — | 7,194 | — | — | — | — | 7,196 |
| Repurchase of common stock | — | — | — | — | — | — | — | 1,649,931 | (30,967) | (30,967) |
| Stock-based compensation expense | — | — | — | — | 68,979 | — | — | — | — | 68,979 |
| Net income | — | — | — | — | — | 40,422 | — | — | — | 40,422 |
| Other comprehensive loss | — | — | — | — | — | — | (8,484) | — | — | (8,484) |
| Balance as of December 31, 2022 | 29,257,651 | $293 | 70,032,694 | $700 | $631,908 | $(135,674) | $(10,647) | 1,649,931 | $(30,967) | $455,613 |
| Issuance of common stock for settlement of equity awards | 1,453,010 | 13 | — | — | 618 | — | — | — | — | 631 |
| Shares withheld related to net share settlement | (188,091) | (1) | — | — | (2,168) | — | — | — | — | (2,169) |
| Repurchase of common stock | — | — | — | — | — | — | — | 10,146,692 | (112,909) | (112,909) |
| Stock-based compensation expense | — | — | — | — | 52,759 | — | — | — | — | 52,759 |
| Net income | — | — | — | — | — | 45,690 | — | — | — | 45,690 |
| Other comprehensive income | — | — | — | — | — | — | 1,096 | — | — | 1,096 |
| Balance as of December 31, 2023 | 30,522,570 | $305 | 70,032,694 | $700 | $683,117 | $(89,984) | $(9,551) | 11,796,623 | $(143,876) | $440,711 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.