Health In Tech, Inc. Class A Common Stock

Health In Tech, Inc. Class A Common Stock

HIT · NASDAQ · Technology / Software - Application

0.3955USD-0.14 (-26.12%)

Price History

Full chart

Market Stats

Previous Close0.5353
Open0.4705
Day Range0.3649 – 0.5366
52-Week Range0.775 – 4.02
Volume210.57K
Market Cap55.83M
P/E (TTM)0.00
Forward P/E8.80
EPS-0.07
Dividend Yield0.00%
50-Day Avg1.01
200-Day Avg1.25

About

Health In Tech, Inc. operates as an insurance technology platform company in the United States. The company offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; SMR, a program manager specializing in customized self-funded benefits plans for businesses; ICE is, an MGU, which specializes in underwriting and providing administrative functions on behalf of stop loss carriers; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small and medium sized employers. It also provides health intelligence (HI) cards to streamline the management of medical records and claims; and HI performance network, which offers a series of hospital facilities, as well as delivers medicare-based reimbursement pricing. Health In Tech, Inc. was founded in 2014 and is headquartered in Stuart, Florida.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Tim Johnson
  • Employees87
  • Headquarters701 S. Colorado Ave, Stuart, FL, United States, 34994, USA
  • Websitehttps://healthintech.com

Leadership

  • Mr. Tim JohnsonFounder, CEO & Chairman · b. 1965
  • Ms. Julia QianCFO & Director · b. 1976
  • Mr. Sri RajagopalanChief Technology Officer · b. 1969
  • Mr. John P. McStravockGeneral Counsel
  • Ms. Lori BabcockChief of Staff · b. 1965
  • Mr. Glenn HillyerSenior Vice President of Sales Partner Relations · b. 1965
  • Mr. Jonathan LockettChief Strategy Officer · b. 1962
  • Mr. Zain HasanChief Growth Officer · b. 1988
  • Mr. Michael ClarksonChief Information Security Officer · b. 1975

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue5.77M19.15M19.49M33.33M
Growth (%)-+231.93%+1.77%+70.99%
Cost of Revenue334.19K2.30M4.05M12.39M
Gross Profit5.44M16.85M15.44M20.94M
Gross Margin94.21%87.97%79.21%62.82%
Operating Expense5.23M13.46M14.45M19.41M
Operating Income205.58K3.38M989.90K1.53M
Operating Margin3.56%17.66%5.08%4.59%
EBITDA205.58K3.76M1.93M2.57M
EBITDA Margin3.56%19.65%9.88%7.73%
Net Income79.74K2.48M670.48K1.28M
Net Income Margin1.38%12.93%3.44%3.84%
R&D794.62K2.00M2.81M1.57M
R&D as % of Total Revenue13.77%10.47%14.44%4.71%
Interest Expense4.57K2.05K495.00K0
Interest Expense % of Total Revenue0.08%0.01%2.54%0.00%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets28.56M11.50M15.77M23.09M
Total Liabilities27.14M5.41M2.60M5.98M
Total Equity1.05M6.09M13.17M17.11M
Cash1.49M2.42M7.85M7.67M
Total Debt316.09K1.92M206.69K139.81K
Net Debt-1.17M-501.18K-7.64M-7.53M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow782.75K1.53M2.18M3.13M
Investing Cash Flow-1.22M-1.94M-836.75K-3.13M
Financing Cash Flow1.88M1.34M4.09M-187.39K
Capital Expenditure1.22M1.14M900.75K3.19M
Free Cash Flow-436.63K384.52K1.28M-56.11K
FCF to OCF-55.78%25.15%58.61%-1.79%

Earnings

Report DateFeb 26, 2025Apr 14, 2025Jul 21, 2025Nov 12, 2025Mar 25, 2026May 13, 2026Aug 13, 2026Nov 9, 2026
EPS Estimate-0.010.010.01-0.01-0.02-0.03-0.04
EPS Actual-0.010.010.010.01-0.01-0.03-0.04-
Surprise-0.00%0.00%0.00%0.00%-50.00%-33.33%-
Timing-After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap55.83M
Enterprise Value51.31M
Trailing P/E0.00
Forward P/E8.80
Price / Sales1.70
Price / Book2.95
EPS-0.07
Book Value0.298
Revenue (TTM)32.83M
Gross Profit (TTM)17.70M
EBITDA2.43M
Profit Margin-12.03%
Operating Margin-42.68%
Return on Equity-21.91%
Return on Assets-12.72%
Shares Outstanding53.70M
Shares Float20.74M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
8.78%
Insiders
61.58%
Retail / Other
29.64%

Top Institutional Holders

  • Whetstone Capital Advisors, LLC
    1.51M2.30%
  • Mink Brook Asset Management LLC
    1.13M1.73%
  • Vanguard Capital Management, LLC
    565.48K0.86%
  • Heights Capital Management Inc
    373.30K0.57%
  • BlackRock Inc
    284.65K0.43%
  • Geode Capital Management, LLC
    183.32K0.28%
  • Citadel Advisors Llc
    176.91K0.27%
  • Vanguard Fiduciary Trust Co
    74.57K0.11%
  • State Street Corp
    62.90K0.10%
  • Northern Trust Corp
    36.15K0.06%
  • XTX Topco Ltd
    24.88K0.04%
  • Morgan Stanley - Brokerage Accounts
    14.71K0.02%
  • MN Wealth Advisors LLC
    12.00K0.02%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    406.00K0.62%
  • Fidelity Extended Market Index
    117.69K0.18%
  • iShares Micro-Cap ETF
    62.19K0.09%
  • Gest Bout VIII Inver Value Global Fnd FI
    46.36K0.07%
  • Fidelity Nasdaq Composite Index
    33.63K0.05%
  • Fidelity Series Total Market Index
    20.33K0.03%
  • Fidelity Total Market Index
    18.72K0.03%