Filing Flows › Health In Tech (HIT) › Q4 2024
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).
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 2024 | Amount | Q/Q | Y/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.
Source: Health In Tech 10-K on SEC EDGAR.