TaskUs Inc

For the period ended Sep 30, 2024. Filed Nov 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 7, 2024

TASK$9.23+0.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Condensed Consolidated Balance Sheets

(in thousands, except share data)

	September 30,2024	December 31,2023
Assets
Current assets:
Cash and cash equivalents	$180,381	$125,776
Accounts receivable, net of allowance for credit losses of $1,836 and $1,978, respectively	200,780	176,812
Income tax receivable	8,472	2,021
Prepaid expenses and other current assets	29,777	23,909
Total current assets	419,410	328,518
Noncurrent assets:
Property and equipment, net	65,127	68,893
Operating lease right-of-use assets	47,352	44,326
Deferred tax assets	6,651	4,857
Intangibles	178,084	192,958
Goodwill	218,359	218,108
Other noncurrent assets	7,114	6,542
Total noncurrent assets	522,687	535,684
Total assets	$942,097	$864,202
Liabilities and Shareholders’ Equity
Liabilities:
Current liabilities:
Accounts payable and accrued liabilities	$38,464	$26,054
Accrued payroll and employee-related liabilities	59,514	40,291
Current portion of debt	13,122	8,059
Current portion of operating lease liabilities	18,116	15,872
Current portion of income tax payable	6,239	7,451
Deferred revenue	3,646	4,077
Total current liabilities	139,101	101,804
Noncurrent liabilities:
Income tax payable	4,678	4,621
Long-term debt	246,325	256,166
Operating lease liabilities	31,677	31,475
Accrued payroll and employee-related liabilities	5,212	3,978
Deferred tax liabilities	25,229	25,214
Other noncurrent liabilities	85	233
Total noncurrent liabilities	313,206	321,687
Total liabilities	452,307	423,491
Commitments and Contingencies (See Note 10)
Shareholders’ equity:
Class A common stock, $0.01 par value. Authorized 2,500,000,000; 32,555,207 issued and 19,415,430 outstanding and 30,522,570 issued and 18,725,947 outstanding, respectively	326	305
Class B convertible common stock, $0.01 par value. Authorized 250,000,000; 70,032,694 and 70,032,694 shares issued and outstanding, respectively	700	700
Additional paid-in capital	714,471	683,117
Accumulated deficit	(52,973)	(89,984)
Accumulated other comprehensive loss	(13,324)	(9,551)
Treasury stock, at cost. 13,139,777 and 11,796,623 shares, respectively	(159,410)	(143,876)
Total shareholders’ equity	489,790	440,711
Total liabilities and shareholders’ equity	$942,097	$864,202

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.