Filing Flows › Health In Tech (HIT) › Q1 2025
Health In Tech (HIT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Health In Tech (HIT) reported revenue of $8.0M for the first quarter 2025 (Q1 2025), +56% from a year earlier and +63% from the quarter before. Operating margin was 8.5%, net earnings $499K (6.2% of revenue).
Health In Tech, Q1 2025: revenue $8.0M (+56% year over year), operating margin 8.5%, net earnings $499K, operating cash flow $527K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.0M | +63% | +56% |
| Gross profit | $5.4M | +41% | +30% |
| Operating profit | $684K | — | +257% |
| Net earnings | $499K | — | +396% |
| Operating cash flow | $527K | — | — |
What changed
Revenue was $8.0M in Q1 2025, up 56% year over year and up 63% from the previous quarter. Revenues From Fees was the largest line at 71% of revenue. Revenues From Fees added $2.3M year over year (up 70%), 80% of the total change.
Gross margin was 66.8%, down 13.9 points from a year earlier. Operating profit was $684K, a 8.5% margin (up 4.8 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, above the 4% margin then. Operating expenses grew 18% against revenue growth of 56%. Net earnings were $499K, up 396% year over year. The effective tax rate was 27.2%.
Operating cash flow was $527K, 106% of net earnings. Non-cash charges added back $136K of depreciation and amortization and $493K of share-based compensation. Working capital and other items used $600K.
Questions
What was Health In Tech's revenue in the first quarter 2025?
Health In Tech (HIT) reported revenue of $8.0M for the first quarter 2025 (Q1 2025), +56% from a year earlier and +63% from the quarter before.
Was Health In Tech profitable in the first quarter 2025?
Operating profit was $684K (8.5% of revenue) and net earnings $499K.
Source: Health In Tech 10-Q on SEC EDGAR.