12 High Growth Low Debt Stocks to Invest in Now

2. Talkspace Inc. (NASDAQ:TALK)

EPS Growth Rate (Next 5 Years): 166.84%

Talkspace Inc. (NASDAQ:TALK) is a behavioral healthcare company that provides online psychotherapy and psychiatry services through its digital platform.

On January 06, 2025, the company reported that it has expanded its in-network coverage to 9.5 million active-duty and retired military personnel and their families through partnerships with TRICARE East and West region contractors. This move addresses a critical need, as 23% of active-duty service members experience depression, and suicide rates have surged over 40% in recent years. Through its digital therapy and psychiatry services, Talkspace Inc. (NASDAQ:TALK) eliminates barriers like cost, geography, and childcare constraints. It is among the best high growth stocks to buy now.

Talkspace Inc. (NASDAQ:TALK) delivered a strong FY2024, with revenue rising 25% YoY to $187.6 million, driven by a 54% surge in Payor revenue. The company achieved net income of $1.1 million, a significant turnaround from a $19.2 million loss in 2023, and Adjusted EBITDA of $7.0 million, up from a $13.5 million loss. Operating expenses declined 7% YoY, reflecting improved efficiency. Looking ahead, FY2025 revenue is projected at $220-$235 million, with Adjusted EBITDA expected to more than double to $14-$20 million, reinforcing Talkspace’s path to profitability and sustainable growth.