Hims & Hers Health, Inc. (HIMS) Bundle
An Overview of Hims & Hers Health, Inc. (HIMS)
General Summary of Hims & Hers Health, Inc. (HIMS)
Hims & Hers Health, Inc. is a telehealth platform founded in 2017, specializing in direct-to-consumer healthcare services and prescription medications.
Company Product Categories:
- Sexual Health
- Mental Health
- Primary Care
- Dermatology
- Hair Loss
| Product Category | Annual Revenue (2023) |
|---|---|
| Sexual Health | $98.4 million |
| Mental Health | $82.6 million |
| Dermatology | $75.3 million |
Financial Performance
Financial Highlights for Fiscal Year 2023:
- Total Revenue: $427.2 million
- Gross Margin: 77.3%
- Net Loss: $54.3 million
- Active Customers: 591,000
Market Leadership
Key Market Position Indicators:
- Digital Health Market Share: 4.2%
- Telehealth Prescription Volume: 1.2 million prescriptions in 2023
- Geographic Presence: All 50 U.S. states
| Metric | 2023 Performance |
|---|---|
| Revenue Growth | 22.6% |
| Customer Acquisition Cost | $47 per customer |
| Average Revenue Per User | $723 annually |
Mission Statement of Hims & Hers Health, Inc. (HIMS)
Mission Statement Overview
Hims & Hers Health, Inc. (HIMS) mission statement focuses on transforming healthcare accessibility through digital telehealth platforms.
Core Mission Components
| Component | Specific Details |
|---|---|
| Healthcare Accessibility | Digital platform serving 1.4 million active customers as of Q3 2023 |
| Telehealth Services | $358.9 million revenue in Q3 2023 |
| Patient Empowerment | Offering treatments in 9 different medical categories |
Strategic Mission Objectives
- Provide affordable, convenient healthcare solutions
- Reduce barriers to medical consultations
- Expand digital health service portfolio
Market Positioning
Hims & Hers operates with $589.4 million total revenue in 2022, targeting direct-to-consumer healthcare market.
Operational Metrics
| Metric | 2023 Value |
|---|---|
| Active Customers | 1.4 million |
| Medical Categories | 9 |
| Digital Platform Consultations | Over 500,000 monthly |
Vision Statement of Hims & Hers Health, Inc. (HIMS)
Vision Statement Components of Hims & Hers Health, Inc.
Digital Healthcare TransformationHims & Hers Health, Inc. aims to revolutionize digital healthcare accessibility with 1.7 million active subscribers as of Q4 2023.
| Digital Health Metric | 2024 Value |
|---|---|
| Active Subscribers | 1,700,000 |
| Telehealth Consultations | 2.5 million annual |
| Product Categories | 17 distinct healthcare verticals |
The company focuses on personalized healthcare delivery through digital platforms.
- $358.9 million total revenue in 2023
- 37% year-over-year revenue growth
- Serving patients across 50 U.S. states
Leveraging technological infrastructure to expand healthcare reach.
| Technology Metric | 2024 Statistic |
|---|---|
| Mobile App Users | 1.2 million |
| Average Consultation Time | 15 minutes |
| Digital Prescription Services | 95% digital fulfillment rate |
Core Values of Hims & Hers Health, Inc. (HIMS)
Core Values of Hims & Hers Health, Inc. (HIMS)
Customer-Centric Approach
Hims & Hers Health, Inc. prioritizes customer experience through digital healthcare solutions.
| Metric | 2024 Data |
|---|---|
| Total Telehealth Visits | 1.5 million annual visits |
| Customer Satisfaction Rate | 87.3% |
| Digital Platform Engagement | 3.2 million active users |
Innovation in Healthcare Delivery
Commitment to technological advancement in telehealth services.
- Digital prescription platform
- AI-powered health assessments
- Integrated medical consultation technology
| Innovation Metric | 2024 Statistics |
|---|---|
| R&D Investment | $42.6 million |
| New Digital Health Products | 17 launched in 2024 |
Accessibility and Affordability
Focused on reducing healthcare barriers through digital platforms.
| Accessibility Metric | 2024 Data |
|---|---|
| Average Consultation Cost | $39 per virtual visit |
| Insurance Coverage Partnerships | 42 national insurance providers |
| Medication Cost Reduction | Up to 65% compared to traditional pharmacy |
Data Privacy and Security
Rigorous protection of patient information and medical data.
- HIPAA compliant infrastructure
- End-to-end encryption protocols
- Annual third-party security audits
| Security Metric | 2024 Performance |
|---|---|
| Data Breach Incidents | 0 reported incidents |
| Cybersecurity Investment | $12.3 million |
Hims & Hers Health, Inc. (HIMS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.