Health In Tech, Inc. (HIT)

Health In Tech Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	19.49	19.15	5.77
Revenue Growth (YoY)	1.77%	231.93%	-
Cost of Revenue	4.05	2.3	0.33
Gross Profit	15.44	16.85	5.44
Selling, General & Admin	11.64	11.46	4.44
Research & Development	2.81	2	0.79
Operating Expenses	14.45	13.46	5.23
Operating Income	0.99	3.38	0.21
Interest Expense	-0.5	-0	-0
Interest & Investment Income	0.12	0.04	-
Other Non Operating Income (Expenses)	0.27	-	-
Pretax Income	0.89	3.42	0.2
Income Tax Expense	0.22	0.95	0.12
Earnings From Discontinued Operations	-	1.48	-0.32
Net Income to Company	0.67	3.96	-0.24
Minority Interest in Earnings	-	-1.48	0.32
Net Income	0.67	2.48	0.08
Net Income to Common	0.67	2.48	0.08
Net Income Growth	-72.93%	3005.84%	-
Shares Outstanding (Basic)	52	52	48
Shares Outstanding (Diluted)	54	52	48
Shares Change (YoY)	3.66%	7.54%	-
EPS (Basic)	0.01	0.05	0.00
EPS (Diluted)	0.01	0.05	0.00
EPS Growth	-79.10%	2788.89%	-
Gross Margin	79.21%	87.97%	94.21%
Operating Margin	5.08%	17.66%	3.56%
Profit Margin	3.44%	12.93%	1.38%
EBIT	0.99	3.38	0.21
EBIT Margin	5.08%	17.66%	3.56%
Effective Tax Rate	24.58%	27.62%	60.33%
Revenue as Reported	19.49	19.15	5.77
Advertising Expenses	0.06	0.31	0.11

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q