Scharnia Well being says that gross sales rose by 50% within the first quarter – nonetheless no value vary for the IPO

The likely function of health.

With kind permission: hinge health

Haoge Health updated his prospectus on Monday to the results of the first quarter, which was accelerated in the fourth quarter.

The startup for digital physiotherapy was submitted in March, but has not yet shared a price range. According to Hin, sales rose 50% to $ 123.8 million in the first quarter, compared to USD 82.7 million in the previous year. In the fourth quarter, it recorded sales of $ 117.3 million, which rose by 44% of the same period in 2023.

Hingse said that his net income for the period was 17.1 million US dollars after taxes, compared to a net loss of $ 26.5 million after taxes in the same period of the previous year.

The company tries to go to the stock exchange at a time of extreme economic uncertainty and market volatility, which is largely brought up by President Donald Trump's comprehensive tariff policy. Several companies, including the online loan Klarna and the Stubhub ticket market, have delayed their long-awaited stock exchange.

The updated prospectus of Hain signals investors that the company is planning to advance.

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While the company's turnover rose by 50%, the costs for sold goods fell slightly. This enabled the hinge to raise its gross margin from 70% in the previous year to 81% and a operating result of $ 13.1 million according to $ 31. 4 million in the same period in the previous year.

Hongs uses software to help patients carry out acute musculoskeletal injuries, chronic pain and rehabilitation after the operation remote. Large employers cover the costs so that their employees can access the app-based virtual physiotherapy of HINGE, as well as the portable electrical nerve stimulation device, which is referred to as enso.

Daniel Perez, CEO von Hiege, and Gabriel Mecklenburg, the company's head of the company, was a co -founder of the company in 2014 after he had experienced personal battles with physical rehabilitation.

Correction: A previous version of this story wrongly said that the company's first quarter of the company was the company's first profitable quarter. The hinge was previously profitable.

REGARD: IPO window is probably open in the first half of 2026: Pitchbook