Tearsheet

Health In Tech (HIT)


Market Price (12/13/2025): $1.07 | Market Cap: $60.4 Mil
Sector: Information Technology | Industry: Application Software

Health In Tech (HIT)


Market Price (12/13/2025): $1.07
Market Cap: $60.4 Mil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 55%
Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.6%
1 Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine. Themes include Telehealth Platforms, Health Data Analytics, and AI in Healthcare Management.
Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 265%
2  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.4%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 55%
1 Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine. Themes include Telehealth Platforms, Health Data Analytics, and AI in Healthcare Management.
2 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.6%
3 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 265%
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.4%

Valuation, Metrics & Events

HIT Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Health In Tech (symbol: HIT) experienced a significant stock price decline of approximately -61.5% between August 31, 2025, and December 13, 2025, attributed to several key factors. 1. Declining Net Income in Q3 2025. Health In Tech reported a 28.30% decrease in net income in the third quarter of 2025 compared to the previous quarter, signaling potential profitability challenges despite reported revenue growth.

2. Failure to Meet Market Profitability Expectations. Despite a reported 90% year-over-year revenue increase in Q3 2025, the market's strong negative reaction, evidenced by the substantial stock drop, suggests investor dissatisfaction with the company's ability to translate top-line growth into sustained and improving bottom-line profitability.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
HIT Return-80%
Peers Return8%31%15%-7%-18%-12%9%
S&P 500 Return16%27%-19%24%23%16%111%

Monthly Win Rates [3]
HIT Win Rate58% 
Peers Win Rate48%52%60%43%48%55% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
HIT Max Drawdown-90% 
Peers Max Drawdown-36%-7%-11%-20%-24%-32% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: UNH, ELV, CI, HUM, CNC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/12/2025 (YTD)

How Low Can It Go

HIT has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

Unique KeyEventXLKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-34.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven278 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-31.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven46.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven79 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven31.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-53.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven115.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1183 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Health In Tech (HIT)

Better Bets than Health In Tech (HIT)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to HIT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
11.5%11.5%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
11.7%11.7%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
15.5%15.5%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
5.8%5.8%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
11.6%11.6%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
11.5%11.5%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
11.7%11.7%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
15.5%15.5%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
5.8%5.8%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
11.6%11.6%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Health In Tech

Peers to compare with:

Financials

HITUNHELVCIHUMCNCMedian
NameHealth I.UnitedHe.Elevance.Cigna Humana Centene  
Mkt Price1.06341.84359.07274.70268.4540.85271.57
Mkt Cap0.1309.780.273.132.320.152.7
Rev LTM31435,159194,820261,220126,362185,857190,338
Op Inc LTM126,357---1,0951,095
FCF LTM-117,3723,7673,9441,5473,3563,562
FCF 3Y Avg-18,9684,2957,7737323,0174,295
CFO LTM220,9584,9125,2922,0454,0644,488
CFO 3Y Avg-22,4435,5199,1971,4643,7615,519

Growth & Margins

HITUNHELVCIHUMCNCMedian
NameHealth I.UnitedHe.Elevance.Cigna Humana Centene  
Rev Chg LTM55.1%10.5%12.0%20.9%9.9%14.9%13.4%
Rev Chg 3Y Avg-11.4%8.4%13.6%11.4%9.6%11.4%
Rev Chg Q90.4%12.2%12.3%11.2%11.1%18.2%12.3%
QoQ Delta Rev Chg LTM15.1%2.9%2.9%2.7%2.6%4.3%2.9%
Op Mgn LTM4.5%6.1%---0.6%4.5%
Op Mgn 3Y Avg-7.7%---1.7%4.7%
QoQ Delta Op Mgn LTM-0.5%-1.2%----0.5%-0.5%
CFO/Rev LTM7.0%4.8%2.5%2.0%1.6%2.2%2.4%
CFO/Rev 3Y Avg-5.8%3.1%4.4%1.4%2.3%3.1%
FCF/Rev LTM-2.6%4.0%1.9%1.5%1.2%1.8%1.7%
FCF/Rev 3Y Avg-4.9%2.4%3.8%0.8%1.9%2.4%

Valuation

HITUNHELVCIHUMCNCMedian
NameHealth I.UnitedHe.Elevance.Cigna Humana Centene  
Mkt Cap0.1309.780.273.132.320.152.7
P/S1.90.70.40.30.20.10.3
P/EBIT90.311.98.59.213.3-4.210.6
P/E41.617.813.015.324.2-3.316.5
P/CFO27.814.914.714.515.34.314.8
Total Yield2.4%8.1%9.8%8.6%5.5%-30.2%6.8%
Dividend Yield0.0%2.5%2.1%2.1%1.4%0.0%1.7%
FCF Yield 3Y Avg-4.5%4.7%9.0%0.6%11.5%4.7%
D/E0.00.30.40.40.41.00.4
Net D/E-0.00.2-0.00.3-0.3-0.1-0.0

Returns

HITUNHELVCIHUMCNCMedian
NameHealth I.UnitedHe.Elevance.Cigna Humana Centene  
1M Rtn-42.1%1.5%10.2%2.1%11.6%12.8%6.1%
3M Rtn-59.8%-1.8%15.8%-8.8%-2.6%22.8%-2.2%
6M Rtn77.6%11.2%-5.6%-12.5%14.9%-26.0%2.8%
12M Rtn--32.1%-3.3%-0.9%-0.2%-29.6%-3.3%
3Y Rtn--32.9%-27.7%-12.1%-47.1%-50.9%-32.9%
1M Excs Rtn-41.7%1.8%10.5%2.4%12.0%13.2%6.5%
3M Excs Rtn-62.6%-4.3%14.4%-10.2%-5.4%21.9%-4.8%
6M Excs Rtn63.4%-3.0%-19.9%-26.8%0.7%-40.3%-11.4%
12M Excs Rtn--51.2%-19.2%-23.1%-17.9%-41.1%-23.1%
3Y Excs Rtn--107.0%-102.6%-86.2%-123.1%-126.8%-107.0%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity425,649
Short Interest: % Change Since 11152025-0.4%
Average Daily Volume262,496
Days-to-Cover Short Interest1.62
Basic Shares Quantity56,432,407
Short % of Basic Shares0.8%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/12/2025-14.9%-35.8% 
7/21/202525.2%21.5%137.8%
3/17/2025-18.2%-22.8%-15.6%
SUMMARY STATS   
# Positive111
# Negative222
Median Positive25.2%21.5%137.8%
Median Negative-16.6%-29.3%-15.6%
Max Positive25.2%21.5%137.8%
Max Negative-18.2%-35.8%-15.6%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251112202510-Q 9/30/2025
6302025808202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024317202510-K 12/31/2024
63020248302024S-1 6/30/2024
33120246272024DRS/A 3/31/2024
1231202312232024424B4 12/31/2023