Delivers greater program choice for brokers, while offering cost containment service and faster claims processing Over 100 Customized Stop-Loss Programs available for the Broker Agency Building on years of assembling specialized healthcare vendors and service providers essential to self-funded healthcare plans, Health In Tech has enhanced its platform to deliver more than 100 pre-configured, customized stop-loss healthcare programs, tailored at the broker-agency level. "Health In Tech is a powerful AI-drive ...

（记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：贵司跟北美哪些公司有业务合作？ 博盈特焊（301468.SZ）1月7日在投资者互动平台表示，公司在海外主要对接的EPC（总承包商）包括 通用电气（GE）、住重福惠（SFW）、欧萨斯（Oschatz）、巴威（B＆W）、日立（HZI）、斯坦米勒 巴高克环境（SBE）、三菱（Mitsubishi）等知名企业。 ...

Japan Technology: Hardware - Industrial Electronics: Expert call (AI power): Sector to benefit from next-gen transformers/BBUs/HTS cables 17 December 2025 | 10:13PM JST Equity Research On December 16, we hosted a group call for investors on the latest power architecture supporting generative AI, featuring industry expert Hideaki Fujimaki, CEO of Spiralgroup.biz. As the power consumption of generative AI data centers increases, the trend is toward higher voltages to reduce power loss. This has created a tail ...

Group 1 - The article highlights various job openings in the scientific instrument sales and market detection sectors, indicating a strong demand for skilled professionals in these fields [3][5][6] - Positions available range from sales directors to sales engineers, with varying salary ranges from 5k to 50k per month, depending on experience and role [6][8][11] - Requirements for these positions often include relevant educational backgrounds, industry experience, and specific skills such as communication, problem-solving, and customer relationship management [7][9][14] Group 2 - The article emphasizes the importance of industry-specific knowledge, such as familiarity with thermal analysis instruments, chromatography, and mass spectrometry, for candidates applying for sales roles [11][14][19] - Companies are looking for candidates with a proven track record in sales, particularly those who can manage client relationships and demonstrate strong analytical skills [7][16][22] - The job market appears competitive, with many positions requiring at least three years of relevant experience and the ability to adapt to high-pressure environments [14][25][37]

Financial Performance - Total revenues for the three months ended September 30, 2025, were $8,490,093, a 90.5% increase from $4,458,921 in the same period of 2024[22] - Gross profit for the nine months ended September 30, 2025, was $16,809,085, compared to $11,642,076 for the same period in 2024, reflecting a 44.1% increase[22] - Net income for the three months ended September 30, 2025, was $452,176, up from $376,086 in the same period of 2024, representing a 20.2% increase[22] - Net income for the nine months ended September 30, 2025, was $1,581,399, a significant increase from $814,629 in the same period of 2024, representing a growth of 94%[30] - Total revenues for the nine months ended September 30, 2025, were $25,818,926, compared to $14,586,342 for the same period in 2024[170] - Adjusted EBITDA for the three months ended September 30, 2025, was $999,056, reflecting an increase of 49.3% from $668,863 in 2024[178] Cash and Assets - Cash and cash equivalents increased to $8,023,613 as of September 30, 2025, compared to $7,849,248 as of December 31, 2024[18] - Total assets grew to $22,755,844 as of September 30, 2025, up from $15,768,489 as of December 31, 2024, marking a 44.2% increase[18] - Total stockholders' equity reached $17,158,963 as of September 30, 2025, compared to $13,169,028 as of December 31, 2024, indicating a 30.1% increase[19] Expenses - Operating expenses for the nine months ended September 30, 2025, totaled $15,109,834, compared to $10,335,836 for the same period in 2024, a 46.1% increase[22] - Research and development expenses for the three months ended September 30, 2025, were $235,819, down from $718,424 in the same period of 2024, a decrease of 67.2%[22] - General and administrative expenses increased by $4.8 million to $10.4 million for the nine months ended September 30, 2025, with a slight increase in percentage to 40.6% of revenue[213] - Sales and marketing expenses for the nine months ended September 30, 2025, increased by $0.8 million to $3.3 million, but declined to 12.7% of revenue[209] Revenue Sources - Revenues from fees for the three months ended September 30, 2025, were $7,100,489, significantly up from $2,930,470 in the same period of 2024, reflecting a 142.5% increase[22] - Revenues from underwriting modeling (ICE) reached $2,802,949 for the three months ended September 30, 2025, compared to $1,528,451 in 2024, marking an 83.5% increase[82] - Revenue from service fees for the nine months ended September 30, 2025, was $19,986,762, representing 77.4% of total revenues[170] Shareholder Information - The weighted average common shares outstanding for the three months ended September 30, 2025, were 56,432,407, compared to 51,769,358 for the same period in 2024, an increase of 9.5%[22] - As of September 30, 2025, the Company had 44,785,771 shares of Class A Common Stock issued and outstanding, an increase from 42,914,870 shares as of December 31, 2024[116] - The total dilutive effect of outstanding equity awards for the three months ended September 30, 2025, was 2,341,927 shares[101] Taxation - The company incurred an income tax expense of $148,046 for the three months ended September 30, 2025, compared to $30,653 for the same period in 2024, representing a 383% increase[125] - For the nine months ended September 30, 2025, the income tax expense was $536,514, up from $185,119 in 2024, indicating a 189% increase[125] - The effective tax rate for the three months ended September 30, 2025, was 24.67%, significantly higher than the 7.54% effective tax rate for the same period in 2024[126] Strategic Initiatives - A non-binding strategic Letter of Intent was signed with AlphaTON Capital to co-develop HITChain, a blockchain-powered claims platform targeting the $300B+ U.S. claims market[155] - The company showcased its upgraded eDIYBS at the SIIA 2025 Conference, reinforcing its reputation as a leader in AI-powered self-funding solutions[157] - The company’s growth strategy relies on collaborations with insurance carriers to expand its portfolio of products and services[159] Employee Metrics - The number of enrolled employees reached 25,248, representing a 44% increase from 17,594 in the same period of 2024[167] - The total billable enrolled employees increased by 44% to 25,248 as of September 30, 2025, compared to 17,594 in the same prior year[203]

Financial Performance - Revenue for Q3 2025 reached $8.5 million, representing a 90% increase year over year, while nine-month revenue totaled $25.8 million, which is 132% of the full-year 2024 revenue[5] - Adjusted EBITDA for Q3 2025 was $1.0 million, up 49% year over year, with nine-month adjusted EBITDA reaching $3.8 million, or 167% of full-year 2024[5] - Pre-tax income for Q3 2025 was $0.6 million, up 48% year over year, with nine-month pre-tax income of $2.1 million, representing 238% of full-year 2024[5] - Total revenues for the three months ended September 30, 2025, were $8.5 million, representing a 90.4% increase compared to $4.5 million in the same period of 2024[28] - Adjusted EBITDA for the nine months ended September 30, 2025, was $3.8 million, reflecting a 110.2% increase from $1.8 million in the same period of 2024[28] - Net income for the three months ended September 30, 2025, was $452,176, compared to $376,086 for the same period in 2024, an increase of 20.2%[20] Operational Metrics - The number of billed enrolled employees increased to 25,248, reflecting a year-over-year growth of 7,654 employees[5] - The distribution network expanded to 849 partners, which is a 57% increase year over year[5] Cash and Assets - Cash balance as of September 30, 2025, was $8.0 million, with accounts receivable netting $0.9 million, reduced by $0.1 million year over year[5] - Cash at the end of the period on September 30, 2025, was $8,023,613, compared to $1,747,228 at the end of the same period in 2024[20] - Total current assets increased to $15,047,213 as of September 30, 2025, from $10,783,764 as of December 31, 2024[18] - Total liabilities rose to $5,596,881 as of September 30, 2025, compared to $2,599,461 as of December 31, 2024[18] - Stockholders' equity increased to $17,158,963 as of September 30, 2025, from $13,169,028 as of December 31, 2024[18] - The company reported a net cash provided by operating activities of $673,973 for the three months ended September 30, 2025, compared to $2,121,047 for the same period in 2024[20] Strategic Initiatives - Health In Tech launched large-employer underwriting within eDIYBS, reducing quote generation time for groups of 150 or more employees from three months to approximately two weeks[4] - A non-binding strategic LOI was signed with AlphaTON Capital to co-develop HITChain, a blockchain-powered claims platform targeting efficiency in the $300 billion U.S. claims market[6] - Health In Tech will host its first Independent InsurTech Summit during the 2026 Davos Summit, aiming to convene global leaders across insurance, healthcare, and technology[9] - The company showcased its upgraded eDIYBS at the SIIA 2025 Conference, enhancing broker engagement and reinforcing its reputation in AI-powered self-funding solutions[9] Research and Development - Research and development expenses primarily consist of personnel-related costs and software development, indicating a focus on enhancing technology and platform capabilities[26] Margins - GAAP gross margin decreased to 60.6% for the three months ended September 30, 2025, down from 78.0% in the same period of 2024, a decline of 17.4%[28]

Core Insights - Health In Tech and AlphaTON Capital are collaborating to develop HITChain, a blockchain-enabled insurance claims processing platform aimed at improving the efficiency and transparency of healthcare claims processing [3][4]. - The discussion at the Web Summit will focus on how blockchain technology can facilitate faster payments and enhance trust in healthcare data [2][5]. Company Overview - Health In Tech (Nasdaq: HIT) is an Insurtech platform that leverages third-party AI technology to streamline processes in the healthcare industry through vertical integration and automation [8]. - The company aims to address the inefficiencies in the healthcare claims process, which often involves outdated systems and delayed claims [4][8]. Event Details - The panel discussion titled "Blockchain Rx" will take place on November 12, 2025, at 11:35 AM on Stage 14 of the Web Summit in Lisbon, Portugal [6]. - Key speakers include Tim Johnson, Brittany Kaiser, and Dr. Dustin Plantholt, who will discuss the potential of blockchain in reshaping healthcare administration [2][6].

Financial Data and Key Metrics Changes - Revenue for the third quarter reached $8.5 million, representing a 90% year-over-year increase, with nine-month revenue totaling $25.8 million compared to $19.5 million for the full year of 2024 [4][14] - Adjusted EBITDA for the quarter was $1 million, up 49% year-over-year, while for the first nine months, adjusted EBITDA reached $3.8 million, or 167% of the full year 2024 total [14][15] - Pre-tax income for the quarter was $0.6 million, a 48% increase year-over-year, with a total of $2.1 million for the first nine months, or 2.4 times the full year 2024 [15][18] - Total operating expenses for the third quarter were $3.7 million, representing 55% of revenue, down from 68% in the same period last year [15][16] Business Line Data and Key Metrics Changes - The number of brokers, TPAs, and agencies grew to 849 partners, up 57% year-over-year, contributing to the revenue growth [4][6] - The number of billed-enrolled employees reached 25,248, an increase of 7,654 employees year-over-year [4] Market Data and Key Metrics Changes - The company is entering its peak enrollment period, with mixed timing patterns observed due to market uncertainty and rising healthcare costs [6][18] - Anticipated Q4 revenue growth is around 50% year-over-year, with full-year revenue growth expected to reach approximately 70% [18][19] Company Strategy and Development Direction - The company launched a large employer underwriting capability with its enhanced eDIBS platform, allowing brokers to generate fully bindable quotes for groups of 150 or more employees in as little as two weeks [5][6] - A new program offering a three-year rate hold is being tested, aimed at providing predictable pricing for employers [7][19] - The company is focusing on claims processing inefficiencies, with plans to co-develop a blockchain-enabled platform, HitChain, to improve claims workflows [8][9] Management's Comments on Operating Environment and Future Outlook - Management noted that recent market uncertainty has led to a shift in sales volume from Q4 into Q1 2026, but still expects healthy overall growth [6][18] - The company is optimistic about the reception of the three-year rate hold program and believes it will enhance client retention [7][19] - Management emphasized the importance of balancing profitability with reinvestment for long-term growth, given the company's current market share is less than 0.01% of the potential market [19] Other Important Information - The company will host the InsureTech Summit at Davos during the World Economic Forum Week in January 2026, aiming to elevate its visibility among insurers and investors [9][10] - The collaboration with AlphaTon Capital for the HitChain initiative is expected to maximize capital efficiency with minimal cash requirements from the company [17][51] Q&A Session Summary Question: Response to strong growth and large employer market - Management acknowledged strong growth but noted that trends in the large employer market are still developing as brokers get established [22][23] Question: Stickiness of enrolled employees - Management confirmed that the healthcare insurance product is inherently sticky, and the new three-year rate hold program is expected to enhance retention further [26] Question: Blockchain initiative and competition - Management stated that the company will be among the first to launch a large-scale blockchain solution in healthcare, addressing various friction points in the system [27][29] Question: Details on the three-year rate hold program - Management indicated that significant collaboration with financial institutions and underwriters was required to develop the program [36][39] Question: Claims processing customer base - Management clarified that the blockchain initiative will benefit all stakeholders in the healthcare ecosystem, including hospitals, patients, and employers [46][48]

Financial Data and Key Metrics Changes - Revenue for the third quarter reached $8.5 million, representing a 90% year-over-year increase, with nine-month revenue totaling $25.8 million compared to $19.5 million for the full year of 2024 [4][14] - Adjusted EBITDA for the quarter was $1 million, up 49% year-over-year, while for the first nine months, adjusted EBITDA reached $3.8 million, or 167% of the full year 2024 total [14][15] - Pre-tax income for the quarter was $0.6 million, a 48% increase year-over-year, with a total of $2.1 million for the first nine months, or 2.4 times the full year 2024 [15][18] - Total operating expenses for the third quarter were $3.7 million, representing 55% of revenue, down from 68% in the same period last year [15][16] Business Line Data and Key Metrics Changes - The number of brokers, TPAs, and agencies grew to 849 partners, up 57% year-over-year, contributing to the revenue growth [4][6] - The number of billed-enrolled employees reached 25,248, an increase of 7,654 employees year-over-year [4] Market Data and Key Metrics Changes - The company is entering its peak enrollment period, with mixed timing patterns observed due to market uncertainty and rising healthcare costs [6][18] - Anticipated Q4 revenue growth is around 50% year-over-year, with full-year revenue growth expected to reach approximately 70% [18][19] Company Strategy and Development Direction - The company is focused on expanding its distribution network and enhancing its eDIBS platform, which now includes a large employer underwriting capability [5][6] - A new three-year rate hold program is being tested to provide predictable pricing for employers, aimed at enhancing client retention [7][19] - The company is also addressing inefficiencies in claims processing through a partnership with AlphaTon Capital to develop a blockchain-enabled platform called HitChain [8][9] Management's Comments on Operating Environment and Future Outlook - Management noted that recent market uncertainties have led to a shift in sales volume from Q4 into Q1 2026, but overall healthy year-over-year growth is still expected [6][18] - The company is optimistic about the reception of its three-year rate hold program and believes it will provide significant value to clients [7][19] - Management emphasized the importance of maintaining a balance between profitability and reinvestment for long-term growth, given the company's current market share is less than 0.01% of the potential market [19] Other Important Information - The company will host the InsureTech Summit at Davos during the World Economic Forum Week in January 2026, aiming to elevate its visibility among global leaders [9][10] - The company is integrating AI-driven internal solutions to enhance process automation and reduce administrative burdens [16] Q&A Session Summary Question: Response to strong growth and large employer market - Management acknowledged strong growth but noted that they are still in the early stages of the large employer market, with increased activity in quotes but not yet binding [22][25] Question: Stickiness of enrolled employees - Management confirmed that the healthcare insurance product is inherently sticky, and the new three-year rate hold program is expected to enhance retention further [26] Question: Blockchain initiative and competition - Management stated that they will be among the first to launch a comprehensive blockchain solution in healthcare, addressing various friction points in the system [27][29] Question: Details on the three-year rate hold program - Management indicated that significant collaboration with financial institutions and underwriters was required to develop the program, but specific details remain confidential [36][39] Question: Claims processing customer base - Management clarified that the blockchain initiative will benefit all stakeholders in the healthcare ecosystem, including hospitals, patients, employers, and brokers [46][48]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 reached $8.5 million, representing a 90% year-over-year increase, with nine-month revenue totaling $25.8 million compared to $19.5 million for the full year of 2024 [4][14] - Adjusted EBITDA for Q3 was $1 million, up 49% year-over-year, while for the first nine months, it reached $3.8 million, or 167% of the full year 2024 total [14][15] - Pre-tax income for Q3 was $0.6 million, a 48% increase year-over-year, with a total of $2.1 million for the first nine months, or 2.4 times the full year 2024 [15][16] - Total operating expenses for Q3 were $3.7 million, representing 55% of revenue, down from 68% in the same period last year [16] Business Line Data and Key Metrics Changes - The number of brokers, TPAs, and agencies grew to 849 partners, up 57% year-over-year, contributing to the revenue growth [4] - The number of billed-enrolled employees reached 25,248, an increase of 7,654 employees year-over-year [4] Market Data and Key Metrics Changes - The company is entering a peak enrollment period, with mixed timing patterns observed due to market uncertainty and rising healthcare costs [6][7] - Anticipated Q4 revenue growth is around 50% year-over-year, reflecting solid performance despite timing shifts [19] Company Strategy and Development Direction - The company launched a large employer underwriting capability with the enhanced eDIBS platform, expanding its addressable market [5] - A new program offering a three-year rate hold is being tested, aimed at providing cost stability for employers [8][20] - The company is co-developing HitChain, a blockchain-enabled platform for claims processing, aiming to improve efficiency and reduce costs in the healthcare ecosystem [9][10] Management's Comments on Operating Environment and Future Outlook - Management noted that the current market environment is characterized by rising healthcare costs and evolving regulatory dynamics [18] - The company expects to deliver around 70% year-over-year revenue growth for the full year 2025, reaching an estimated $32-$33 million [19][20] - The long-term growth runway remains substantial, with the market share currently less than 0.01% of the market potential [20] Other Important Information - Health In Tech will host the InsureTech Summit at Davos during the World Economic Forum Week in January 2026, focusing on AI technology and transformation in healthcare [10][11] - The company is integrating AI-driven internal solutions to enhance process automation and reduce administrative burdens [16] Q&A Session Summary Question: Response to strong growth and large employer market - Management indicated that they are still in the early stages of the large employer market and have not yet seen binding trends due to the time required for brokers to get established [23][24] Question: Stickiness of enrolled employees - Management confirmed that the healthcare insurance product is inherently sticky, and the new three-year rate hold program is expected to enhance retention [26][27] Question: Blockchain initiative and competition - Management stated that Health In Tech will be among the first to launch a large-scale blockchain solution for healthcare claims processing, addressing significant friction points in the industry [28][30] Question: Details on the three-year rate hold program - Management explained that extensive collaboration with financial institutions and underwriters was necessary to develop the program, which aims to provide stability for employers [34][36] Question: Claims processing customer base - Management clarified that the blockchain initiative will benefit all stakeholders in the healthcare ecosystem, including hospitals, patients, employers, and brokers [41][44]