[TSX Venture Exchange] Health In Tech, Inc. (HIT) -82.40% : The FTC is being hit by terminations (2025-03-12)

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Health In Tech, Inc. (HIT)


HIT Chart as of 2025-03-12

HIT Chart


Stock Information

CEO:
CFO:
Employees: 72
Address: 701 S. Colorado Ave, Stuart, FL, United States
Country: United States
Website: https://healthintech.com
Listing Date:
Founded:
Founder:
Current Price: 1.3200000524520874 USD
Today Change: -82.40%
Outstanding Shares: 42,369,400
Volume: 16,044,875
Avg Volume: 1,554,449
Expert Target Price:
(Institutions: 0)
EPS:
PER: 44.000004
Dividend Date:
Last Split Date:
Last Split Factor:

Key Executives

Name Title Pay Year
Mr. Tim Johnson CEO & Chairman 570k
Ms. Julia Qian CFO & Director 446k
Mr. Del Lockett C.S.O. 401k
Mr. Imran Yousuf Chief Technology Officer
Ms. Lori Babcock Chief of Staff
Mr. Glenn Hillyer Chief Growth Officer

Financials

Income Statement

Metric Amount
Total Revenue 19,151,502
Cost Of Revenue 2,303,911
Gross Profit 16,847,591
Operating Income 3,383,091
Net Income 2,476,660

Balance Sheet

Metric Amount
Total Assets 11,503,292
Total Liabilities
Total Stockholder Equity

Cash Flow

Metric Amount
Total Cash From Operating Activities
Capital Expenditures

SEC Filings (Gemini Summaries)

SEC Filings: No CIK found


News Summary

The FTC is being hit by terminations
2025-03-03 20:06:57 | The Verge
At least a dozen probationary staffers at the Federal Trade Commission were terminated last week, The Verge has learned. The terminations took place across the agency, according to two sources familiar with the matter.
Link

Cybercriminals Allegedly Used a StubHub Backdoor to Steal Taylor Swift Tickets
2025-03-08 11:30:00 | Wired
Plus: The world’s “largest illicit online marketplace” gets hit by regulators, police seize the Garantex crypto exchange, and scammers trick targets by making up ransomware attacks.
Link

Mass blackouts in storm-hit eastern Australia
2025-03-09 08:44:29 | BBC News
Residents are warned power may not return for days as further heavy rainfall is forecast.
Link

Lego’s Official Bluey Sets Are Here, for Real Life
2025-03-03 20:30:20 | Gizmodo.com
Based on the beloved animated series, the toy release will hit retailers in June.
Link

Mysterious Blocklist Prevents Former Meta Employees From Returning
2025-03-05 20:55:25 | Gizmodo.com
Managers have hit walls trying to rehire former employees due to mysterious and unexplained blocks on their profiles.
Link



Analysis of Today’s Move

Without a CIK to tie these news events to a specific company, it’s impossible to give a truly informed analysis of why a stock might fall. We can only speculate based on general market reactions to similar events. The absence of SEC filings further limits our ability to pinpoint specific financial vulnerabilities. This makes a direct, definitive connection between the news and a stock decline purely hypothetical.

The news regarding the FTC terminations could worry investors. Staff reductions often suggest internal issues or policy shifts. Such uncertainty can negatively impact market confidence. Reduced regulatory oversight, perceived or real, could also lead to instability.

The StubHub backdoor scandal involving stolen Taylor Swift tickets raises concerns. This breaches security and undermines user trust in the platform. Reputational damage directly affects the company’s value. Customers may switch to safer, more reliable alternatives.

The mass blackouts in eastern Australia, while geographically specific, could impact companies with significant operations there. Supply chain disruptions and decreased consumer spending are possibilities. Energy sector companies might also face increased scrutiny. These factors contribute to investor anxiety and potential sell-offs.

News of Lego’s Bluey sets and Meta’s rehiring blocklist are unlikely to significantly influence overall market trends. These are specific events with limited impact on broad investment decisions. They are primarily company-specific and not market-moving catalysts. Without knowing a specific company, they are minor factors.


This stock has shown a change of -82.40% today.
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none of the content here should be construed as financial advice.
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and does not constitute legal, tax, or investment advice.
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