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Hinge Health, Inc. (HNGE) 10-Year Financial Performance & Capital Metrics

HNGE • • Industrial / General
HealthcareHealthcare ITTelehealth & Virtual Care PlatformsSpecialized Telehealth Solutions
AboutHinge Health, Inc. develops health care software for joint and muscle health. The company designs its platform to address a musculoskeletal care, acute injury, chronic pain, and post-surgical rehabilitation. It also provides various administrative and operations support services. The company was founded in 2012 and is headquartered in San Francisco, California.Show more
  • Revenue $390M +33.4%
  • EBITDA -$18M +85.2%
  • Net Income -$12M +89.0%
  • EPS (Diluted) -0.15 +89.2%
  • Gross Margin 77% +16.1%
  • EBITDA Margin -4.73% +88.9%
  • Operating Margin -6.26% +86.0%
  • Net Margin -3.06% +91.7%
  • ROE -2.83% +88.8%
  • ROIC -10.94% +76.8%
  • Debt/Equity 0.03 -27.8%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-17.72%
5Y Avg-17.72%
3Y Avg-17.72%
Latest-5.67%

Peer Comparison

Specialized Telehealth Solutions
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Total Return (DRIP)
Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
VSEEWVSee Health, Inc.1.52M0.09-0.0278.42%-85.76%
VSEEVSee Health, Inc.14.7M0.44-0.0880.74%-85.76%
MGRXMangoceuticals, Inc.10.82M0.66-0.15-15.81%-42.45%-126.03%0.02
BEATHeartBeam, Inc.75.78M2.20-3.01-50.79%
OMDAOmada Health906.26M15.65-18.4138.29%-16.82%-16.98%0.47
HNGEHinge Health, Inc.1.66B43.76-291.7333.37%-3.06%-2.83%2.73%0.03

Profit & Loss

Dec 2023Dec 2024
Sales/Revenue+292.73M390.4M
Revenue Growth %-0.33%
Cost of Goods Sold+98.55M89.81M
COGS % of Revenue0.34%0.23%
Gross Profit+194.18M300.59M
Gross Margin %0.66%0.77%
Gross Profit Growth %-0.55%
Operating Expenses+324.69M325.02M
OpEx % of Revenue1.11%0.83%
Selling, General & Admin214.63M227.53M
SG&A % of Revenue0.73%0.58%
Research & Development110.06M97.49M
R&D % of Revenue0.38%0.25%
Other Operating Expenses00
Operating Income+-130.51M-24.43M
Operating Margin %-0.45%-0.06%
Operating Income Growth %-0.81%
EBITDA+-124.89M-18.48M
EBITDA Margin %-0.43%-0.05%
EBITDA Growth %-0.85%
D&A (Non-Cash Add-back)5.63M5.95M
EBIT-108.55M-11.26M
Net Interest Income+00
Interest Income00
Interest Expense00
Other Income/Expense21.97M13.17M
Pretax Income+-108.55M-11.26M
Pretax Margin %-0.37%-0.03%
Income Tax+-405K677K
Effective Tax Rate %1%1.06%
Net Income+-108.14M-11.93M
Net Margin %-0.37%-0.03%
Net Income Growth %-0.89%
Net Income (Continuing)-108.14M-11.93M
Discontinued Operations00
Minority Interest00
EPS (Diluted)+-1.39-0.15
EPS Growth %-0.89%
EPS (Basic)-1.39-0.15
Diluted Shares Outstanding78.02M78.02M
Basic Shares Outstanding78.02M78.02M
Dividend Payout Ratio--

Balance Sheet

Dec 2023Dec 2024
Total Current Assets+529.88M583.45M
Cash & Short-Term Investments423.36M466.57M
Cash Only234.95M300.79M
Short-Term Investments188.4M165.79M
Accounts Receivable46.56M42.49M
Days Sales Outstanding58.0639.73
Inventory13.29M10.87M
Days Inventory Outstanding49.2344.19
Other Current Assets32.31M39.59M
Total Non-Current Assets+92.65M89.81M
Property, Plant & Equipment22.48M16.99M
Fixed Asset Turnover13.02x22.98x
Goodwill61.61M61.61M
Intangible Assets2.19M1.81M
Long-Term Investments00
Other Non-Current Assets6.38M9.41M
Total Assets+622.53M673.26M
Asset Turnover0.47x0.58x
Asset Growth %-0.08%
Total Current Liabilities+184.16M249.3M
Accounts Payable00
Days Payables Outstanding--
Short-Term Debt00
Deferred Revenue (Current)1000K1000K
Other Current Liabilities6.37M4.16M
Current Ratio2.88x2.34x
Quick Ratio2.81x2.30x
Cash Conversion Cycle--
Total Non-Current Liabilities+11.1M7.26M
Long-Term Debt00
Capital Lease Obligations11.1M7.26M
Deferred Tax Liabilities00
Other Non-Current Liabilities00
Total Liabilities195.25M256.56M
Total Debt+15.73M11.07M
Net Debt-219.22M-289.71M
Debt / Equity0.04x0.03x
Debt / EBITDA--
Net Debt / EBITDA--
Interest Coverage--
Total Equity+427.28M416.7M
Equity Growth %--0.02%
Book Value per Share5.485.34
Total Shareholders' Equity427.28M416.7M
Common Stock00
Retained Earnings-510.8M-522.74M
Treasury Stock00
Accumulated OCI60K68K
Minority Interest00

Cash Flow

Dec 2023Dec 2024
Cash from Operations+-63.91M49M
Operating CF Margin %-0.22%0.13%
Operating CF Growth %-1.77%
Net Income-108.14M-11.93M
Depreciation & Amortization5.63M5.95M
Stock-Based Compensation1.65M739K
Deferred Taxes-473K-585K
Other Non-Cash Items28.02M41.33M
Working Capital Changes9.41M13.5M
Change in Receivables-23.13M-1.34M
Change in Inventory10.56M608K
Change in Payables0-10.97M
Cash from Investing+1.5M18.31M
Capital Expenditures-1.98M-1.04M
CapEx % of Revenue0.01%0%
Acquisitions--
Investments--
Other Investing-2.64M-2.73M
Cash from Financing+-3M-2.2M
Debt Issued (Net)--
Equity Issued (Net)--
Dividends Paid00
Share Repurchases--
Other Financing-3M-2.81M
Net Change in Cash--
Free Cash Flow+-68.52M45.23M
FCF Margin %-0.23%0.12%
FCF Growth %-1.66%
FCF per Share-0.880.58
FCF Conversion (FCF/Net Income)0.59x-4.11x
Interest Paid00
Taxes Paid00

Key Ratios

Metric20232024
Return on Equity (ROE)-25.31%-2.83%
Return on Invested Capital (ROIC)-47.05%-10.94%
Gross Margin66.33%77%
Net Margin-36.94%-3.06%
Debt / Equity0.04x0.03x
FCF Conversion0.59x-4.11x
Revenue Growth-33.37%

Frequently Asked Questions

Growth & Financials

Hinge Health, Inc. (HNGE) reported $390.4M in revenue for fiscal year 2024. This represents a 33% increase from $292.7M in 2023.

Hinge Health, Inc. (HNGE) grew revenue by 33.4% over the past year. This is strong growth.

Hinge Health, Inc. (HNGE) reported a net loss of $11.9M for fiscal year 2024.

Dividend & Returns

Hinge Health, Inc. (HNGE) has a return on equity (ROE) of -2.8%. Negative ROE indicates the company is unprofitable.

Hinge Health, Inc. (HNGE) generated $45.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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