Every­one in dig­i­tal health wants to get to prof­itabil­i­ty. Hims has done it

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Dig­i­tal health com­pa­ny Hims & Hers has hit a mile­stone many in the in­dus­try have been work­ing to­ward.

On Mon­day, Hims post­ed its first-ever net in­come for Q4 2023 of $1.2 mil­lion, com­pared with a net loss of $10.9 mil­lion in the fourth quar­ter of 2022. The com­pa­ny, which pre­scribes and ships med­ica­tions for con­di­tions like hair loss and der­ma­tol­ogy to con­sumers and doesn’t take in­sur­ance, is one of the few of a gen­er­a­tion of star­tups that has reached that goal af­ter years of try­ing.

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