HIT
Income statement / Annual
Last year (2024), Health In Tech, Inc.'s total revenue was $19.49 M,
an increase of 1.77% from the previous year.
In 2024, Health In Tech, Inc.'s net income was $670,477.00.
See Health In Tech, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
| Operating Revenue |
$19.49 M |
$19.15 M |
$5.77 M |
| Cost of Revenue |
$4.05 M
|
$2.30 M
|
$334,188.00
|
| Gross Profit |
$15.44 M
|
$16.85 M
|
$5.44 M
|
| Gross Profit Ratio |
0.79
|
0.88
|
0.94
|
| Research and Development Expenses |
$2.81 M
|
$2.00 M
|
$794,617.00
|
| General & Administrative Expenses |
$8.48 M
|
$8.08 M
|
$3.27 M
|
| Selling & Marketing Expenses |
$3.16 M
|
$3.38 M
|
$1.17 M
|
| Selling, General & Administrative Expenses |
$11.64 M
|
$11.46 M
|
$4.44 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$14.45 M
|
$13.46 M
|
$5.23 M
|
| Cost And Expenses |
$18.50 M
|
$15.77 M
|
$5.56 M
|
| Interest Income |
$122,885.00
|
$40,857.00
|
$0.00
|
| Interest Expense |
$495,000.00
|
$2,052.00
|
$4,572.00
|
| Depreciation & Amortization |
$541,141.00
|
$339,300.00
|
$0.00
|
| EBITDA |
$1.93 M |
$3.76 M |
$205,582.00 |
| EBITDA Ratio |
0.1
|
0.2
|
0.04
|
| Operating Income Ratio |
0.05
|
0.18
|
0.04
|
| Total Other Income/Expenses Net |
-$100,904.00
|
$38,805.00
|
-$4,572.00
|
| Income Before Tax |
$889,000.00
|
$3.42 M
|
$201,010.00
|
| Income Before Tax Ratio |
0.05
|
0.18
|
0.03
|
| Income Tax Expense |
$218,523.00
|
$945,236.00
|
$121,268.00
|
| Net Income |
$670,477.00
|
$2.48 M
|
$79,742.00
|
| Net Income Ratio |
0.03
|
0.13
|
0.01
|
| EPS |
0.012 |
0.0458 |
0.0015 |
| EPS Diluted |
0.012 |
0.0458 |
0.0015 |
| Weighted Average Shares Out |
$67.05 M
|
$54.07 M
|
$54.07 M
|
| Weighted Average Shares Out Diluted |
$53.66 M
|
$54.07 M
|
$54.07 M
|
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