Health In Tech, Inc. (HIT)

Health In Tech Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	19.8	19.15	5.77
Revenue Growth (YoY)	243.21%	231.93%	-
Cost of Revenue	3.9	2.3	0.33
Gross Profit	15.91	16.85	5.44
Selling, General & Admin	10.29	11.46	4.44
Research & Development	2.85	2	0.79
Operating Expenses	13.14	13.46	5.23
Operating Income	2.76	3.38	0.21
Interest Expense	-0.49	-	-0
Interest & Investment Income	0.12	0.04	-
Pretax Income	2.48	3.42	0.2
Income Tax Expense	0.66	0.95	0.12
Earnings From Discontinued Operations	-	1.48	-0.32
Net Income to Company	1.82	3.96	-0.24
Minority Interest in Earnings	-	-1.48	0.32
Net Income	1.82	2.48	0.08
Net Income to Common	1.82	2.48	0.08
Net Income Growth	2178.51%	3005.84%	-
Shares Outstanding (Basic)	56	52	48
Shares Outstanding (Diluted)	56	52	48
Shares Change (YoY)	15.73%	7.54%	-
EPS (Basic)	0.03	0.05	0.00
EPS (Diluted)	0.03	0.05	0.00
EPS Growth	1869.32%	2788.89%	-
Free Cash Flow	2.3	1.53	0.78
Free Cash Flow Per Share	0.04	0.03	0.02
Gross Margin	80.32%	87.97%	94.21%
Operating Margin	13.95%	17.66%	3.56%
Profit Margin	9.18%	12.93%	1.38%
Free Cash Flow Margin	11.62%	7.98%	13.57%
EBIT	2.76	3.38	0.21
EBIT Margin	13.95%	17.66%	3.56%
Effective Tax Rate	26.74%	27.62%	60.33%
Revenue as Reported	19.8	19.15	5.77
Advertising Expenses	-	0.31	0.11

Source: S&P Capital IQ. Standard template. Financial Sources.