HeartCore Enterprises, Inc. (HTCR) Financial Statements
Industry: Computer Processing & Data Preparation (Services)
In fiscal 2025, HeartCore Enterprises reported revenue of $9.0M, down 70.5% from $30.4M the year before. Net income was $5.8M (a 64.6% net margin), or $4.40 per diluted share. Gross margin was 35.1% and operating margin was -34.8%. Operating activities generated -$3.1M of cash. At fiscal year end, HeartCore Enterprises held $13.1M in total assets against $5.8M in total liabilities, including $2.0M of cash and equivalents.
Open the full interactive HeartCore Enterprises financials → Quarterly statements, key ratios, valuation history and price charts.
HeartCore Enterprises Key Stats
| Share Price | $1.67 |
|---|---|
| Market Cap | $2.4M |
| P/E Ratio | 0.4 |
| Dividend Yield | 140.30% |
| Revenue YoY Growth | -70.5% |
| 52-Week Range | $1.67 – $15.00 |
| Shares Outstanding | 1.4 million (basic, 2026 Q2) |
HeartCore Enterprises Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $10.8M | $8.8M | $21.8M | $30.4M | $9.0M |
| Cost of Goods Sold | $5.6M | $5.5M | $13.8M | — | $5.8M |
| Gross Profit | $5.2M | $3.4M | $8.1M | $17.8M | $3.2M |
| Operating Income | $59,018 | -$6.7M | -$4.1M | $64,765 | -$3.1M |
| Pre-Tax Income | $14,901 | -$6.7M | -$5.0M | -$5.3M | -$4.1M |
| Income Tax | $341,945 | -$5,918 | -$133,664 | -$136,822 | $44,900 |
| Net Income | -$338,156 | -$6.7M | -$4.2M | -$1.5M | $5.8M |
| Diluted EPS | -$0.40 | -$7.40 | -$4.20 | -$1.40 | $4.40 |
HeartCore Enterprises Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.0M | — | $1.2M | $321,428 |
| Net Income | $434,072 | $7.3M | -$1.9M | -$2.0M |
| Diluted EPS | $0.40 | $0.29 | -$1.49 | -$1.45 |
HeartCore Enterprises Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $3.1M | $7.2M | $1.0M | $2.1M | $2.0M |
| Current Assets | $4.6M | $8.5M | $5.5M | $9.4M | $8.4M |
| Total Assets | $9.1M | $12.1M | $19.6M | $14.0M | $13.1M |
| Current Liabilities | $4.6M | $3.6M | $6.5M | $7.4M | $5.3M |
| Total Long-Term Debt | $2.7M | $1.8M | $2.1M | $1.6M | $498,974 |
| Total Liabilities | $9.7M | $7.3M | $12.0M | $10.5M | $5.8M |
| Shareholders' Equity | -$558,952 | $4.8M | $5.2M | $4.7M | $8.8M |
HeartCore Enterprises Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $766,300 | -$4.8M | -$4.3M | -$4.8M | -$3.1M |
| Cash From Investing | -$179,029 | -$12,200 | -$1.8M | $6.3M | — |
| Cash From Financing | -$257,353 | $8.9M | $136,194 | -$318,646 | — |
| Free Cash Flow | $730,147 | -$4.9M | -$4.9M | -$4.8M | — |
| Dividends Paid | — | — | — | $834,566 | $3.3M |
Figures from HeartCore Enterprises' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full HeartCore Enterprises financials page for every line item.
HeartCore Enterprises Company Profile
| Ticker | HTCR |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Processing & Data Preparation (Services) |
| Headquarters | Tokyo |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001892322 |
Frequently Asked Questions
What was HeartCore Enterprises' revenue in fiscal 2025?
HeartCore Enterprises (HTCR) reported revenue of $9.0M for fiscal 2025.
What is HeartCore Enterprises' annual revenue history?
HeartCore Enterprises' annual revenue by fiscal year: 2021: $10.8M; 2022: $8.8M; 2023: $21.8M; 2024: $30.4M; 2025: $9.0M.
What was HeartCore Enterprises' net income in fiscal 2025?
HeartCore Enterprises reported net income of $5.8M for fiscal 2025.
What was HeartCore Enterprises' earnings per share (EPS) in fiscal 2025?
HeartCore Enterprises' diluted EPS was $4.40 for fiscal 2025 (adjusted for any later stock splits).
What was HeartCore Enterprises' revenue last quarter?
In its most recent reported quarter (2026 Q2), HeartCore Enterprises reported revenue of $321,428.
How much debt does HeartCore Enterprises have?
HeartCore Enterprises reported $498,974 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of HeartCore Enterprises are outstanding?
HeartCore Enterprises reported a weighted average of 1.4 million basic shares outstanding in 2026 Q2.
What is HeartCore Enterprises' market cap?
Based on its latest closing price, HeartCore Enterprises (HTCR) has a market capitalization of about $2.4M.
When does HeartCore Enterprises' fiscal year end?
HeartCore Enterprises' fiscal year end, as registered with the SEC, is December 31.
Where is HeartCore Enterprises headquartered?
HeartCore Enterprises lists its business address in Tokyo in its SEC filings.