
Hims & Hers Health, Inc. (ticker: HIMS) has recently released its Q4 financial report for 2024, and this report has truly caught the attention of investors with the company’s remarkable development momentum.
Hims & Hers Health, Inc. is a prominent platform in the health and wellness industry, specializing in offering personalized healthcare solutions. It covers a wide range of specialties, including sexual health, dermatology, mental health, and weight loss. The company has always been dedicated to making high – quality medical services more accessible, striving to ensure that people can enjoy affordable and excellent medical resources.
Judging from the latest financial report data, the fiscal year 2024 was definitely a prosperous year for Hims & Hers Health, Inc. The company witnessed a staggering 69% year – over – year increase in revenue, reaching $1.5 billion. Its net income also grew significantly, amounting to $126 million. Moreover, the number of subscribers on the platform expanded by 45%, reaching 2.2 million. What’s more impressive is that the average monthly online revenue per subscriber grew by 38% to $73.

Looking at the key financial figures, in the fourth quarter of 2024, the Adjusted EBITDA increased by 163% year – over – year, reaching $54 million. For the full year, the Adjusted EBITDA soared by 257% to $177 million. In the fourth quarter, the company’s operating cash flow grew by 293% to $86 million, and the free cash flow increased even more remarkably, by 452%, reaching $60 million. Additionally, the company made significant efforts in expanding its weight loss specialty. This not only contributed greatly to revenue growth but also laid a solid foundation for the platform’s future expansion into more healthcare areas.
Looking ahead, Hims & Hers Health, Inc. plans to build on its current success. They intend to continue to focus on and expand their weight loss specialty, integrate laboratory diagnostic capabilities into their platform services to provide more comprehensive health assessments for users, and invest heavily in technology research and development to further optimize their personalized healthcare offerings. The company hopes to leverage the advantages of its platform to continuously introduce innovative treatment plans and services, thereby changing the way people pursue good health.
With such a solid financial foundation and a series of well – thought – out strategic initiatives in place, Hims & Hers Health, Inc. is well – positioned to maintain its growth momentum in 2025 and beyond. Their goal is to make medical services more accessible to a wider range of people and truly enhance the health of every subscriber.