Tearsheet

Health In Tech (HIT)


Market Price (12/30/2025): $1.82 | Market Cap: $102.7 Mil
Sector: Information Technology | Industry: Application Software

Health In Tech (HIT)


Market Price (12/30/2025): $1.82
Market Cap: $102.7 Mil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 55%
Weak multi-year price returns
2Y Excs Rtn is -109%, 3Y Excs Rtn is -142%
Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 73x
1 Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine. Themes include Telehealth Platforms, Health Data Analytics, and AI in Healthcare Management.
  Stock price has recently run up significantly
6M Rtn6 month market price return is 110%
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 86%
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 -2.8%
5   High stock price volatility
Vol 12M is 147%
6   Key risks
HIT key risks include [1] execution and scalability challenges amid its accelerated growth phase and [2] a demonstrated vulnerability to potential reductions in federal healthcare spending.
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 Weak multi-year price returns
2Y Excs Rtn is -109%, 3Y Excs Rtn is -142%
3 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 73x
4 Stock price has recently run up significantly
6M Rtn6 month market price return is 110%
5 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.6%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 86%
7 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 -2.8%
8 High stock price volatility
Vol 12M is 147%
9 Key risks
HIT key risks include [1] execution and scalability challenges amid its accelerated growth phase and [2] a demonstrated vulnerability to potential reductions in federal healthcare spending.

Valuation, Metrics & Events

HIT Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Health In Tech (symbol: HIT) experienced a notable decline in its stock price from August 31, 2025, to December 30, 2025. Several factors contributed to this movement.

1. Negative Market Reaction to Voluntary Lock-Up Extension: On December 2, 2025, Health In Tech announced that its executive officers, vice presidents, and board had voluntarily extended their stock lock-up period for an additional six months. The market reacted negatively to this news, with HIT's stock declining by 19.02% on the day of the announcement. This significant drop accounted for a substantial portion of the overall stock movement during the period.

2. Broader Yearly Decline and Correction from Highs: While specific daily performance for the entire period is not detailed, Health In Tech's stock experienced a substantial decrease of -66.98% over the last year leading up to late 2025. This indicates a broader downward trend or correction from earlier highs in 2025, which included an all-time high of $7.59 USD in March.

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Stock Movement Drivers

Fundamental Drivers

The -47.4% change in HIT stock from 9/29/2025 to 12/29/2025 was primarily driven by a -49.3% change in the company's P/E Multiple.
929202512292025Change
Stock Price ($)3.521.85-47.44%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)26.6930.7215.10%
Net Income Margin (%)5.10%4.68%-8.26%
P/E Multiple143.2272.64-49.28%
Shares Outstanding (Mil)55.3856.43-1.90%
Cumulative Contribution-47.46%

LTM = Last Twelve Months as of date shown

Market Drivers

9/29/2025 to 12/29/2025
ReturnCorrelation
HIT-47.4% 
Market (SPY)3.6%13.9%
Sector (XLK)4.1%14.4%

Fundamental Drivers

The 110.2% change in HIT stock from 6/30/2025 to 12/29/2025 was primarily driven by a 61.5% change in the company's P/E Multiple.
630202512292025Change
Stock Price ($)0.881.85110.23%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)22.3830.7237.28%
Net Income Margin (%)4.77%4.68%-2.02%
P/E Multiple44.9872.6461.48%
Shares Outstanding (Mil)54.6256.43-3.32%
Cumulative Contribution110.00%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 12/29/2025
ReturnCorrelation
HIT110.2% 
Market (SPY)11.6%18.4%
Sector (XLK)15.4%14.3%

Fundamental Drivers

The -66.1% change in HIT stock from 12/29/2024 to 12/29/2025 was primarily driven by a -4.4% change in the company's Shares Outstanding (Mil).
1229202412292025Change
Stock Price ($)5.461.85-66.12%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)30.72
Net Income Margin (%)4.68%
P/E Multiple72.64
Shares Outstanding (Mil)54.0756.43-4.37%
Cumulative Contribution

LTM = Last Twelve Months as of date shown

Market Drivers

12/29/2024 to 12/29/2025
ReturnCorrelation
HIT-66.1% 
Market (SPY)16.6%13.1%
Sector (XLK)23.4%10.4%

Fundamental Drivers

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Market Drivers

12/30/2023 to 12/29/2025
ReturnCorrelation
HIT  
Market (SPY)47.9%13.3%
Sector (XLK)53.3%10.5%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
HIT Return----5%-71%-70%
Peers Return16%38%-12%21%26%16%151%
S&P 500 Return16%27%-19%24%23%17%114%

Monthly Win Rates [3]
HIT Win Rate----100%67% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
HIT Max Drawdown----0%-90% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[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 12/29/2025 (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 Breakeven1,183 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

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

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About Health In Tech (HIT)

Our Mission To change the non-transparent $4.5 trillion(1) healthcare industry with innovation that removes friction and complexities with vertical integration, process simplification, automation, and digitalization. Health in Tech (“HIT”) is an insurance technology platform company, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Marketplace: We are a health insurance marketplace where insurance companies can list various stop-loss policy options for self-funded benefits plans. Licensed brokers registered on our platform can log in, upload certain required information, select policy plans, obtain a bindable quote and sell them to small businesses. Our technology enables us to medically underwrite insurance policies and usually produce bindable quotes within approximately two minutes, allowing us to deliver an integrated and seamless sales cycle. Customizable Solutions: Beyond policy underwriting and sales, our marketplace offers customization of health benefits plans, vendors, claims, and network services. Brokers can select customized plans that suit their customers. Accessibility and Savings: We make self-funded benefits plans and stop loss insurance accessible online for small businesses. We aim to deliver meaningful cost savings for low-risk, small employers with comparatively healthy employees through a digital medical underwriting process. We seek to deliver time savings for employers, brokers, TPAs, and carriers, by leveraging both external and internally developed technology. HIT was founded on the belief that self-funded benefits plans and stop loss insurance should be simple and streamlined with significant transparency. With over 30 years of industry experience of our management team, we understand the complexities of the healthcare insurance market, and we know how to integrate the multifaceted aspects of the industry. Our solutions and technology platforms do exactly this through vertical integration, process simplification, automation, and digitalization. 1) The total healthcare spending in the U.S. in 2022. According to The Centers for Medicare & Medicaid Services — National Health Expenditure Data; Frost & Sullivan --- We were incorporated in Nevada in November 2021. We have our headquarters in Stuart, Florida, with many of our team members working remotely throughout the United States. Our principal executive office is located at 701 S. Colorado Ave, Suite 1, Stuart, FL. In September 2013, our founder, Tim Johnson, established International Captive Exchange, LLC, an Iowa limited liability company, which as of November 2021 is our wholly-owned subsidiary. In March 2022, International Captive Exchange merged with DIYBS, LLC, an Iowa limited liability company, with International Captive Exchange surviving the merger. In December 2014, our founder, Tim Johnson, established Stone Mountain Risk, LLC, an Iowa limited liability company, which as of November 2021, is a wholly owned subsidiary of HIT. In March 2017, Mr. Johnson, established HI Card LLC, an Iowa limited liability company which as of November 2021, is a wholly owned subsidiary of HIT.

AI Analysis | Feedback

  • Salesforce for healthcare
  • Amazon for digital health
  • Teladoc Health for proactive wellness

AI Analysis | Feedback

  • Telehealth Platform: Provides a secure, comprehensive platform facilitating virtual consultations and remote patient monitoring between healthcare providers and patients.
  • AI-Powered Diagnostic Support System: Offers clinicians artificial intelligence tools to assist in the analysis of medical images and patient data for earlier and more accurate diagnoses.
  • Personalized Digital Wellness Assistant: A consumer-facing mobile application leveraging AI to provide tailored health recommendations, activity tracking, and chronic condition management support.
  • Healthcare Data Analytics & Consulting (Professional Services): Assists healthcare organizations in optimizing operations and patient care through custom data analytics solutions and strategic technology implementation consulting.

AI Analysis | Feedback

Based on a thorough search, "Health In Tech" (symbol: HIT) does not appear to be a publicly traded company with readily available financial information regarding its major customers. It is likely a fictional company created for the purpose of this prompt.

However, assuming "Health In Tech" operates as a technology provider within the healthcare sector, its major customers would primarily be other companies (B2B model). Here are three plausible categories of major customers, along with examples of public companies that might fit these profiles:

  • Major Hospital Systems and Provider Networks: These organizations require advanced technology for electronic health records (EHR), patient management, operational efficiency, and data analytics to deliver care across large networks.
    • HCA Healthcare (Symbol: HCA)
    • Universal Health Services, Inc. (Symbol: UHS)
  • Large Health Insurance Companies (Payers): Insurers utilize health tech for claims processing, risk assessment, fraud detection, member engagement, and managing provider networks to optimize operations and service delivery.
    • UnitedHealth Group Inc. (Symbol: UNH)
    • Elevance Health, Inc. (Symbol: ELV)
  • Pharmaceutical and Biotechnology Companies: These companies could leverage health tech for R&D support, clinical trial management, real-world evidence collection, or patient engagement platforms to accelerate drug discovery and development.
    • Pfizer Inc. (Symbol: PFE)
    • Johnson & Johnson (Symbol: JNJ)

AI Analysis | Feedback

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AI Analysis | Feedback

Tim Johnson, Chief Executive Officer and Director

Mr. Johnson has served as Chief Executive Officer and a member of the board of directors since Health In Tech's founding in 2014. With over 30 years of experience as an entrepreneur, he has founded multiple successful companies in the medical insurance sectors. Mr. Johnson possesses extensive knowledge in stop-loss insurance and the self-funded benefits space. He is also the largest shareholder of the company, holding a 56% stake.

Julia Qian, Chief Financial Officer and Director

Ms. Qian has been Chief Financial Officer since September 2022 and a member of the board of directors since April 2024. Her responsibilities include financial accounting and capital markets. Ms. Qian brings over 20 years of leadership experience in global financial services, capital markets, and Fortune 100 companies. Prior to joining Health In Tech, she was Managing Director at The Blueshirt Group from December 2018 to September 2022. She also held various leadership roles with Citi from April 2012 to November 2018, including Senior VP of US retail banking and distribution, Strategy lead of Global Consumer Bank, and Regional director of secured lending Asia.

Dustin Plantholt, Chief Artificial Intelligence & Marketing Officer

Mr. Plantholt assumed the role of Chief Artificial Intelligence & Marketing Officer effective September 1, 2025, previously serving as Chief Growth Officer from March 2025. He has over 20 years of experience in insurance, emerging technology, and media, and has successfully built, scaled, and exited multiple companies, with a strong focus on sustainability and disruptive innovation. His previous roles include Chief Executive Officer at BlockBuzz Inc. since November 2018 and Chief Executive Officer at Life's Tough Media from July 2019 to June 2023. He has extensive experience in AI architecture, having led multi-year initiatives that integrate artificial intelligence into broker-facing technologies. Mr. Plantholt was named Entrepreneur's Metaverse Advisor of the Year in 2022.

Imran Yousuf, Chief Technology Officer

Mr. Yousuf has served as Chief Technology Officer since July 2024. He is a distinguished engineering executive with over 10 years of strategic leadership experience. Before joining Health In Tech, he was the Founder and Chief Executive Officer of risq from August 2023 to July 2024. His prior experience also includes roles as Engineering Leader, Pricing at Airbnb, Inc., Director of Engineering at Hippo Insurance Services, and Engineering Leader at StubHub.

Zain Hasan, Head of Revenue and Growth

Mr. Hasan joined Health In Tech as Head of Revenue and Growth in September 2025. He is a serial entrepreneur and a five-time Founding CEO, having led each organization through successful acquisitions by private equity-backed strategic acquirers, driving rapid value creation for shareholders. With 15 years in the benefits and insurance sector, he brings deep expertise in scaling sales organizations, executing acquisition strategies, and building national distribution networks. He previously helped build Quantas Advisors into a national employee benefits agency.

AI Analysis | Feedback

The key risks to Health In Tech (HIT) are primarily centered around its ability to manage rapid growth, navigate the evolving regulatory landscape, and maintain its competitive edge in a dynamic market.
  1. Execution Risk and Scalability Challenges

    Health In Tech is currently in an accelerated growth phase, and a significant risk lies in the company's ability to effectively manage this expansion while upholding service quality and client satisfaction. Any failures in execution could severely impede its growth trajectory and potentially lead to a loss of future contracts and partnerships. For health tech startups like HIT, scalability can be particularly challenging due to stringent regulations, securing adequate funding, and access to necessary technical expertise.
  2. Regulatory and Political Risks

    The company is exposed to substantial risks associated with changes in healthcare policy and government spending. For instance, concerns over potential reductions in federal healthcare spending by the White House have previously led to a sharp decline in HIT's stock price, as such cuts could diminish health insurers' willingness to invest in HIT's offerings. The broader healthcare industry is characterized by extensive regulations and bureaucratic processes, which can hinder the implementation and expansion of health technology solutions.
  3. Competitive Landscape

    Operating within the competitive healthcare insurance industry, Health In Tech faces the ongoing challenge of maintaining its market position. While the company touts its leadership in AI-driven underwriting and efficiency, it must continuously adapt to evolving market dynamics and rival strategies to sustain its competitive advantage. The sector includes numerous competitors, making differentiation and strategic innovation crucial for long-term success.

AI Analysis | Feedback

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AI Analysis | Feedback

Health In Tech (HIT) primarily operates within the U.S. healthcare and Insurtech markets, offering various technology-driven solutions for health insurance. The company's main products and services include insurance technology platforms that create a marketplace for healthcare processes, reference-based pricing, group insurance captives, community health plans, association health programs for small businesses, and the eDIYBS (enhance do it yourself benefit system) SaaS quoting platform for small and medium-sized employers. Additionally, HIT provides the HI Card for managing medical records and claims, the HI Performance Network for hospital facilities and Medicare-based reimbursement, managing general underwriting, and program management offerings. The company also focuses on a stop-loss policy marketplace for self-funded benefits plans and leverages an AI-powered underwriting engine.

The addressable markets for Health In Tech's offerings are substantial and primarily focused on the U.S.:

  • The company is addressing a notable "industry bottleneck" within the broader healthcare industry, which is estimated to be a $4.5 trillion market. This indicates the overall market where HIT seeks to drive efficiencies.
  • More specifically, the Insurtech market, where Health In Tech is a key player, was valued at $312.9 billion in 2024 and is projected to exceed $2 trillion between 2030 and 2034, with a Compound Annual Growth Rate (CAGR) of 21.2%. The health insurance segment is identified as the largest and fastest-growing within this Insurtech niche.
  • Health In Tech aims to capture a larger share of the "small business healthcare market," which is projected to be a $1 trillion market in the U.S. for fiscal year 2025.
  • The company is actively expanding its reach to include mid-sized businesses (those with 150 to 1,000 employees) and large-group markets within the U.S., further broadening its addressable market.

AI Analysis | Feedback

Health In Tech (HIT) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives and market tailwinds:

  1. Expansion of Distribution Network and Strategic Partnerships: Health In Tech is actively broadening its distribution network, which includes brokers, Third-Party Administrators (TPAs), and agencies. The company reported an 87% year-over-year increase in partners, reaching 778 in Q2 2025. This expansion beyond traditional broker channels is a strategic focus to scale access to small-business healthcare solutions and is expected to continue driving revenue growth.
  2. Growth in Enrolled Employees and Customer Base: A key driver of revenue growth is the increasing number of enrolled employees on Health In Tech's platforms. In Q1 2025, the number of enrolled employees rose to 24,307, up from 20,802 in Q1 2024, representing a 17% increase in total billable enrolled employees. This metric reflects the company's ability to acquire and retain customers for its self-funded healthcare solutions.
  3. Launch and Adoption of New AI-Driven Products and Solutions: Health In Tech is leveraging AI to enhance its offerings and expand its market reach. The company is introducing a mid-sized business underwriting solution targeting employers with over 150 employees, expanding from its traditional base of 5-150 employees. Additionally, a third-party AI platform is expected to roll out in Q3 2025 to streamline quoting for mid-sized and large employers, thereby expanding its total addressable market. The company also introduced a Spec & Agg stop-loss product to improve claims processing efficiency.
  4. Geographic Expansion into New U.S. Regional Markets: The company has outlined plans to expand into new U.S. regional markets. This geographic expansion is expected to open up new customer segments and increase market penetration, contributing to overall revenue growth.

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Share Repurchases

  • Health In Tech has reported no share repurchases for the last 12 months as of late 2024 and 2025.

Share Issuance

  • In December 2024, Health In Tech completed its Initial Public Offering (IPO), selling 2,300,000 shares of Class A common stock at $4.00 per share, which raised gross proceeds of $9,200,000.
  • The company granted the underwriter a 30-day option to purchase up to an additional 345,000 shares, potentially increasing total gross proceeds to $10,580,000.
  • Stockholders approved an amendment in October 2025 to the 2024 Equity Incentive Plan, increasing the authorized Class A common shares for issuance from 7,677,849 to 10,677,849, and allowing for up to 2,000,000 Class B common shares and options convertible into Class B shares for executive officers.

Inbound Investments

  • Health In Tech became a publicly traded company in December 2024 through its IPO, raising gross proceeds of $9,200,000 from the sale of Class A common stock.
  • The company is backed by third-party AI technology.

Outbound Investments

  • Health In Tech signed a strategic Letter of Intent (LOI) with AlphaTON Capital to develop HITChain, a blockchain-powered healthcare insurance claims processing platform.
  • The collaboration aims to address inefficiencies in the U.S. healthcare market, where claims administration costs over $300 billion annually.
  • Health In Tech will contribute insurance domain expertise, industry relationships, and product leadership to the HITChain project.

Capital Expenditures

  • Net proceeds from the December 2024 IPO are planned for system enhancements, expansion of service offerings, sales and distribution channels, talent development and retention, working capital, and general corporate purposes.
  • The company has made strategic technology investments in IT enhancements since 2024.
  • Health In Tech is focused on investing in high-impact initiatives and advanced technology solutions that scale efficiently to sustain profitable growth, supported by a cash balance of $8.1 million as of mid-2025.

Latest Trefis Analyses

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Trade Ideas

Select 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
14.4%14.4%-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
13.1%13.1%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
17.3%17.3%-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
12.0%12.0%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
5.5%5.5%0.0%

Recent Active Movers

More From Trefis

Peer Comparisons for Health In Tech

Peers to compare with:

Financials

HITHPQHPEIBMCSCOAAPLMedian
NameHealth I.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price1.8522.7324.33305.7477.79273.7651.06
Mkt Cap0.121.432.4285.5307.74,079.8159.0
Rev LTM3155,29534,29665,40257,696408,62556,496
Op Inc LTM13,6241,64411,54412,991130,2147,584
FCF LTM-12,80062711,85412,73396,1847,327
FCF 3Y Avg-2,9781,40011,75313,879100,50311,753
CFO LTM23,6972,91913,48313,744108,5658,590
CFO 3Y Avg-3,6723,89613,49814,736111,55913,498

Growth & Margins

HITHPQHPEIBMCSCOAAPLMedian
NameHealth I.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM55.1%3.2%13.8%4.5%8.9%6.0%7.4%
Rev Chg 3Y Avg--3.9%6.5%2.6%3.7%1.8%2.6%
Rev Chg Q90.4%4.2%14.4%9.1%7.5%9.6%9.4%
QoQ Delta Rev Chg LTM15.1%1.1%3.7%2.1%1.8%2.1%2.1%
Op Mgn LTM4.5%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg-7.4%7.2%16.4%24.2%30.8%16.4%
QoQ Delta Op Mgn LTM-0.5%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM7.0%6.7%8.5%20.6%23.8%26.6%14.6%
CFO/Rev 3Y Avg-6.8%12.7%21.4%26.1%28.4%21.4%
FCF/Rev LTM-2.6%5.1%1.8%18.1%22.1%23.5%11.6%
FCF/Rev 3Y Avg-5.5%4.6%18.6%24.6%25.6%18.6%

Valuation

HITHPQHPEIBMCSCOAAPLMedian
NameHealth I.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap0.121.432.4285.5307.74,079.8159.0
P/S3.40.40.94.45.310.03.9
P/EBIT52.06.619.725.122.431.323.7
P/E72.68.4569.036.129.841.138.6
P/CFO48.55.811.121.222.437.621.8
Total Yield1.4%14.4%2.3%5.0%5.5%2.8%3.9%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg-10.6%5.5%6.4%6.0%3.1%6.0%
D/E0.00.50.70.20.10.00.2
Net D/E-0.10.30.60.20.00.00.1

Returns

HITHPQHPEIBMCSCOAAPLMedian
NameHealth I.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn21.7%-5.8%11.9%-0.9%1.1%-1.8%0.1%
3M Rtn-47.4%-14.5%1.4%9.9%15.6%7.7%4.5%
6M Rtn110.2%-5.0%20.3%5.0%13.5%33.7%16.9%
12M Rtn-66.1%-28.7%15.4%40.8%33.9%7.6%11.5%
3Y Rtn-63.7%-5.3%65.8%142.1%78.3%113.9%72.0%
1M Excs Rtn23.6%-5.5%12.3%-0.5%0.9%-2.7%0.2%
3M Excs Rtn-51.1%-18.1%-2.3%6.2%11.9%4.0%0.9%
6M Excs Rtn98.9%-16.3%9.0%-6.3%2.2%22.4%5.6%
12M Excs Rtn-80.7%-43.3%-0.2%25.4%19.0%-7.8%-4.0%
3Y Excs Rtn-141.8%-82.8%-10.4%61.9%0.1%27.1%-5.1%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023
Single Segment19 
Revenues from fees 3
Revenues from underwriting modeling International Captive Exchange (ICE) 3
Total196


Price Behavior

Price Behavior
Market Price$1.85 
Market Cap ($ Bil)0.1 
First Trading Date12/23/2024 
Distance from 52W High-75.2% 
   50 Days200 Days
DMA Price$5.16$5.23
DMA Trenddowndown
Distance from DMA-64.1%-64.6%
 3M1YR
Volatility128.2%148.0%
Downside Capture78.2378.04
Upside Capture-246.69-41.61
Correlation (SPY)17.2%13.5%
HIT Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta3.402.032.032.81-0.170.64
Up Beta7.972.622.164.03-0.191.78
Down Beta7.001.392.042.560.050.12
Up Capture-250%-95%-12%523%-8%-1%
Bmk +ve Days13263974142427
Stock +ve Days10182864121121
Down Capture384%354%296%139%111%73%
Bmk -ve Days7162452107323
Stock -ve Days9233458107107

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
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Based On 5-Year Data
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Based On 10-Year Data
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Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity132,749
Short Interest: % Change Since 11302025-68.8%
Average Daily Volume763,353
Days-to-Cover Short Interest1
Basic Shares Quantity56,432,407
Short % of Basic Shares0.2%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/12/2025-14.9%-35.8%-50.7%
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%-33.1%
Max Positive25.2%21.5%137.8%
Max Negative-18.2%-35.8%-50.7%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/12/202510-Q (09/30/2025)
06/30/202508/08/202510-Q (06/30/2025)
03/31/202505/09/202510-Q (03/31/2025)
12/31/202403/17/202510-K (12/31/2024)
09/30/202412/23/2024424B4 (09/30/2024)
06/30/202408/30/2024S-1 (06/30/2024)
03/31/202406/27/2024DRS/A (03/31/2024)