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Our Mission To change the non-transparent $5.3 trillion 1 healthcare industry with innovation that removes friction and complexities with vertical integration, process simplification, automation, and digitalization. Overview Health in Tech ( HIT ) is an AI-enabled insurance technology platform company, which offers a marketplace that improves processes in the healthcare industry through vertica…
17.48% operating margin is respectable but not wide. ROIC at 34.73%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 69.9%, still solid. Margins contracted 4.1pp, which offsets some of the top-line progress.
ROIC dropped from 36.75% to 34.73%, capital efficiency is deteriorating. Operating margin contracted 4.1pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$33M
▲ +69.9% YoY
Net Income (TTM)
-$808K
▲ +90.7% YoY
Op. Margin
12.79%
▼ -4.1pp YoY
ROIC
18.54%
▼ -2.0pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$713K
▲ +44.0% YoY
Net Debt
-$10M
Net Cash Position
Cash & Equiv.
$10M
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