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Health In Tech Reports Strong Q1 2025 Growth

Health In Tech Reports Strong Q1 2025 Growth

Health In Tech, Inc. Class A ( (HIT) ) has released its Q1 earnings. Here is a breakdown of the information Health In Tech, Inc. Class A presented to its investors.

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Health In Tech, Inc. is an Insurtech platform company leveraging AI technology to streamline processes in the healthcare industry, focusing on vertical integration and automation. In its first quarter of 2025, Health In Tech reported a significant 56% increase in revenues, reaching $8.0 million, and a more than threefold increase in income before taxes to $0.7 million, indicating strong market demand and effective strategic initiatives. The company also maintained a robust cash position of $7.6 million. Key highlights include a 163% increase in Adjusted EBITDA to $1.2 million and a notable rise in the number of enrolled employees billed. Health In Tech’s strategic collaboration with DialCare to integrate telehealth services and the appointment of Sanjay Shrestha to the Board of Directors are pivotal developments aimed at enhancing its market position and growth trajectory. Looking ahead, Health In Tech anticipates continued strong growth in the second quarter of 2025, driven by new program developments and an expanding broker network, as it remains committed to delivering innovative healthcare solutions.

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