Posted 4/6/2024, 11:39:00 AM
Hims & Hers and Toast Stock Soar in 2023 as Revenue Growth and Profitability Fuel Investor Optimism
- Hims & Hers Health (HIMS) provides telehealth services for a range of health and wellness needs; stock up 58% in 2023
- HIMS revenue reached $872M in 2023, up 65% YoY; 1.5M subscribers, up 48%
- Turned a GAAP profit in Q4 2023 versus a loss a year ago
- Toast (TOST) provides software and hardware for restaurants; stock up 30% in 2023
- TOST revenue hit nearly $4B in 2023, up 42% YoY; delivered positive free cash flow versus negative in 2022