H

Health In Tech Inc
NASDAQ:HIT

Watchlist Manager
Health In Tech Inc
NASDAQ:HIT
Watchlist
Price: 1.67 USD 6.37%
Market Cap: 95m USD

Health In Tech Inc
Investor Relations

Health In Tech Inc is a US-based company operating in Insurance industry. The company is headquartered in Stuart, Florida and currently employs 74 full-time employees. The company went IPO on 2024-12-23. Health In Tech, Inc. is an insurance technology platform company. The firm provides a health insurance marketplace where insurance companies can list various stop-loss policy options for self-funded benefits plans. Its marketplace offers customization of health benefits plans, vendors, claims, and network services. Its services are delivered through three subsidiaries: Stone Mountain Risk, LLC (SMR), International Captive Exchange, LLC (ICE), and HI Card LLC’s HI Card platform (HI Card). The SMR is a program manager specializing in customized self-funded programs for small businesses. ICE is a Managing General Underwriter. ICE assists with underwriting activities through its sophisticated Web-based SaaS quoting platform, Enhance Do It Yourself Benefit System (eDIYBS). HI Card seeks to simplify healthcare management with a single standardized transaction and service platform, designed to streamline the management of medical records and claims through one platform using one login.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

Revenue Growth: Health In Tech reported third quarter revenue of $8.5 million, up 90% year-over-year, and expects full year 2025 revenue of $32–33 million, representing about 70% growth.

Distribution Expansion: The company grew its broker, TPA, and agency partner network to 849 partners, up 57% year-over-year, which drove strong new business momentum.

Large Employer Market Launch: Health In Tech launched its large employer underwriting capability through its eDIYBS platform, allowing brokers to bind quotes for groups of 150+ employees in as little as two weeks.

3-Year Rate Hold Innovation: The company piloted a new 3-year rate hold program for large employers, enabling predictable pricing and aiming to boost customer retention.

Blockchain Claims Initiative: Announced a partnership with AlphaTON Capital to develop a blockchain-based claims processing platform to reduce $300 billion in industry administrative costs.

Profitability Improvement: Adjusted EBITDA reached $1 million in Q3, up 49% year-over-year, and pretax income improved 48% to $0.6 million, reflecting better operating leverage and cost controls.

Upcoming Visibility: Health In Tech to host its first InsurTech Summit at Davos during World Economic Forum week in January 2026, expected to boost its global profile.

Key Financials
Revenue
$8.5 million
Revenue (nine months)
$25.8 million
Broker, TPA, and Agency Partners
849 partners
Enrolled Employees
25,240
Adjusted EBITDA
$1 million
Adjusted EBITDA (nine months)
$3.8 million
Pretax Income
$0.6 million
Pretax Income (nine months)
$2.1 million
Operating Expenses (Q3)
$3.7 million
Operating Expenses (nine months)
59% of revenue
Sales & Marketing Expense
$1 million
General Administrative Expense
$3.5 million
Cash and Cash Equivalents
$8 million
Cash Flow from Operations (nine months)
$2.7 million
Technology Development Investment (nine months)
$2.4 million
Net Positive Cash Flow (nine months)
$0.2 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Tim Johnson
CEO & Chairman
No Bio Available
Ms. Julia Qian
CFO & Director
No Bio Available
Mr. Del Lockett
C.S.O.
No Bio Available
Mr. Imran Yousuf
Chief Technology Officer
No Bio Available
Ms. Lori Babcock
Chief of Staff
No Bio Available
Mr. Glenn Hillyer
Chief Growth Officer
No Bio Available

Contacts

Address
FLORIDA
Stuart
701 S. Colorado Ave, Suite 1
Contacts
+18883730333
healthintech.com