HIT Stock Overview

Operates as an insurance technology platform company. More details

HIT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings grew by 114.8% over the past year

Risk Analysis

Shares are highly illiquid

Less than 3 years of financial data is available

My Notes

Capture your thoughts, links and company narrative

Health In Tech, Inc. Competitors

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Helport AI

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Price History & Performance

Summary of share price highs, lows and changes for Health In Tech
Historical stock prices
Current Share Price	US$5.50
52 Week High	US$7.12
52 Week Low	US$4.82
Beta	0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.84%

Recent updates

Shareholder Returns

	HIT	US Insurance	US Market
7D	n/a	0.1%	-0.4%
1Y	n/a	27.2%	24.8%

Return vs Industry: Insufficient data to determine how HIT performed against the US Insurance industry.

Return vs Market: Insufficient data to determine how HIT performed against the US Market.

Price Volatility

Is HIT's price volatile compared to industry and market?
HIT volatility
HIT Average Weekly Movement	n/a
Insurance Industry Average Movement	4.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: HIT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine HIT's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	76	Tim Johnson	healthintech.com

Health In Tech, Inc. operates as an insurance technology platform company. It offers reference-based pricing, group insurance captives, community health plans, and association health programs for small businesses; and enhance do it yourself benefit system (eDIYBS), a web-based SaaS quoting platform to quote health insurance for small to medium sized employers. The company also provides health intelligence (HI) card 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. Fundamentals Summary

How do Health In Tech's earnings and revenue compare to its market cap?
HIT fundamental statistics
Market cap	US$297.38m
Earnings (TTM)	US$1.82m
Revenue (TTM)	US$19.80m

163.7x

P/E Ratio

15.0x

P/S Ratio

Is HIT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIT income statement (TTM)
Revenue	US$19.80m
Cost of Revenue	US$3.90m
Gross Profit	US$15.91m
Other Expenses	US$14.09m
Earnings	US$1.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.034
Gross Margin	80.32%
Net Profit Margin	9.18%
Debt/Equity Ratio	0%

How did HIT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 01:22
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Health In Tech, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Health In Tech NasdaqCM:HIT Stock Report