The gross margin of $HIMS (+5,38 %) has almost tripled since 2018.

In 2020, the company was $HIMS (+5,38 %) a relatively small player in telemedicine, with a market share of just 14 %.
By 2023 was $HIMS (+5,38 %) the dominant force:
$HIMS (+5,38 %) Had 49% of all customers/market share.
And even more telling: $HIMS (+5,38 %) was able to acquire 54 % of all new customers.
I look forward to an update on these figures from management in the coming months
And it will be important to keep an eye on how this $AMZN (+1,44 %) impact on market share over time.

Company presentation and personal opinion: