Health In Tech, Inc. (HIT) Financials

$1.40

$0.18 (14.75%)
Last update: 04:00 PM EST
Day's range
$1.22
Day's range
$1.45

HIT Income statement / Annual

Last year (2024), Health In Tech, Inc.'s total revenue was $19.49 M, an increase of 1.77% from the previous year. In 2024, Health In Tech, Inc.'s net income was $670.48 K. See Health In Tech, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022
Period Ended 12/31/2024 12/31/2023 12/31/2022
Operating Revenue $19.49 M $19.15 M $5.77 M
Cost of Revenue $4.05 M $2.30 M $334.19 K
Gross Profit $15.44 M $16.85 M $5.44 M
Gross Profit Ratio 0.79 0.88 0.94
Research and Development Expenses $2.81 M $2.00 M $794.62 K
General & Administrative Expenses $8.48 M $8.08 M $3.27 M
Selling & Marketing Expenses $3.16 M $3.38 M $1.17 M
Selling, General & Administrative Expenses $11.64 M $11.46 M $4.44 M
Other Expenses $0.00 $0.00 $0.00
Operating Expenses $14.45 M $13.46 M $5.23 M
Cost And Expenses $18.50 M $15.77 M $5.56 M
Interest Income $122.89 K $40.86 K $0.00
Interest Expense $495.00 K $2.05 K $4.57 K
Depreciation & Amortization $541.14 K $339.30 K $0.00
EBITDA $1.93 M $3.76 M $205.58 K
EBITDA Ratio 0.1 0.2 0.04
Operating Income Ratio 0.05 0.18 0.04
Total Other Income/Expenses Net -$100.90 K $38.81 K -$4.57 K
Income Before Tax $889.00 K $3.42 M $201.01 K
Income Before Tax Ratio 0.05 0.18 0.03
Income Tax Expense $218.52 K $945.24 K $121.27 K
Net Income $670.48 K $2.48 M $79.74 K
Net Income Ratio 0.03 0.13 0.01
EPS 0.01 0.0458 0.0015
EPS Diluted 0.0123 0.0458 0.0015
Weighted Average Shares Out $67.05 M $54.07 M $54.07 M
Weighted Average Shares Out Diluted $53.66 M $54.07 M $54.07 M
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