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Health In Tech (HIT) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 17, 2025

Health In Tech (HIT) reported revenue of $4.9M for the fourth quarter 2024 (Q4 2024) and +10% from the quarter before. Operating margin was -2.3%, net loss $144K (2.9% of revenue).

Revenue$4.9M
Year over year—
Quarter over quarter+10%
Operating margin-2.3%
Net earnings−$144K

Health In Tech, Q4 2024: revenue $4.9M, operating margin -2.3%, net loss $144K, operating cash flow −$531K. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$4.9M+10%—
Operating profit−$111K——
Net earnings−$144K——
Operating cash flow−$531K——

What changed

Revenue was $4.9M in Q4 2024, up 10% from the previous quarter.

Gross margin was 77.4%. Operating costs exceeded revenue by $111K, an operating margin of -2.3%. The quarter ended with a net loss of $144K, after a profit of $376K the previous quarter.

Operating cash flow was −$531K. Non-cash charges added back $136K of depreciation and amortization. Working capital and other items used $523K.

Questions

What was Health In Tech's revenue in the fourth quarter 2024?

Health In Tech (HIT) reported revenue of $4.9M for the fourth quarter 2024 (Q4 2024) and +10% from the quarter before.

Was Health In Tech profitable in the fourth quarter 2024?

Operating loss was $111K (-2.3% of revenue) and net loss $144K.

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Source: Health In Tech 10-K on SEC EDGAR.