BUSINESS
Hinge Health's Big Leap: Revenue Soars Despite Market Jitters
USATue May 06 2025
Hinge Health, a digital physical therapy startup, has just shared some impressive numbers. Their first quarter of the year saw a 50% jump in revenue. That is a huge increase. This brings their total revenue for the quarter to $123. 8 million. This is a significant leap from the $82. 7 million they made in the same period last year. Even their fourth quarter showed strong growth, with revenue up 44% from the previous year, reaching $117. 3 million.
The company is not just making more money. They are also turning a profit. In the first quarter, they reported a net income of $17. 1 million. This is a big turnaround from the $26. 5 million loss they had in the same period last year. So, they are not just growing. They are also becoming more profitable.
Hinge Health is planning to go public. They filed for an IPO in March. However, they have not yet set a price range for their shares. This is unusual. Normally, companies set a price range to give investors an idea of what to expect. But Hinge Health is taking a different approach. They are moving forward with their plans despite the uncertainty.
The economic climate is tough right now. There is a lot of volatility in the market. This is partly due to the tariff policies of President Donald Trump. Many companies have delayed their IPOs because of this uncertainty. Klarna and StubHub are two examples. But Hinge Health seems determined to press on. Their updated prospectus is a signal to investors that they are serious about going public.
This is an interesting time for Hinge Health. They are growing fast and making a profit. But they are also facing a lot of uncertainty in the market. It will be interesting to see how they navigate these challenges. One thing is for sure. They are not afraid to take risks. And that could pay off big time in the long run.
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questions
How might the current economic uncertainty impact Hinge Health's IPO plans?
If Hinge Health's revenue keeps growing at this rate, will they need to hire a team of physical therapists just to count their money?
If the market volatility continues, will Hinge Health's stock be the new hot commodity for day traders looking for a good stretch?
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