HTCR · HeartCore Enterprises, Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“The Company incurred net loss from continuing operations of $1.6 million and $3.3 million for the three and six months ended June 30, 2026, respectively, and net cash flows used in operating activities of continuing operations of $2.5 million for the six months ended June 30, 2026, primarily due to the macroeconomic downturn environment. As of June 30, 2026, the Company had cash and cash equivalents of $0.6 million, working capital of $0.6 million and accumulated deficit of $17.7 million. These conditions raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $8.26M | $8.97MG | $30.41M | $21.85M | $8.82M | $10.82M | $9.03M | |
| $5.62M | $5.82M | $12.58M | $13.78M | $5.47M | $5.63M | $5.01M | |
| $2.63M | $3.15M | $14.72M | $8.07M | $3.35M | $5.19M | $4.02M | |
| — | 35.14% | 48.4% | 36.93% | 38% | 47.94% | 44.52% | |
| $264.73K | — | $179.76K | $1.02M | $641.03K | $510.74K | $311.05K | |
| $6.08M | $6.04M | $6.92M | $9.65M | $6.58M | $4.32M | $3.21M | |
| — | — | $637.5K | $584.38K | — | — | — | |
| — | $46.37K | $676.05K | $683.02K | $83.33K | — | — | |
| $6.16M | $6.27M | $14.88M | $12.19M | $10.05M | $5.13M | $3.76M | |
| -$3.53M | -$3.12M | -$161.71K | -$4.12M | -$6.7M | $59.02K | $258.71K | |
| — | -34.8% | -0.53% | -18.86% | -75.93% | 0.55% | 2.87% | |
| — | -$3.07M | $514.34K | -$3.44M | -$6.61M | — | — | |
| $85.5K | $87.66K | $118.79K | $162.97K | $41.8K | $43.24K | — | |
| -$1.29M | -$1.02M | -$5.35M | -$891.01K | $12.7K | -$44.12K | -$31.42K | |
| -$1.38M | -$1.49M | -$2.41M | -$615.52K | — | — | — | |
| -$4.82M | -$4.14M | -$5.51M | -$5.01M | -$6.68M | $14.9K | $227.28K | |
| $37.66K | $44.9K | -$363.16K | -$133.66K | -$5918 | $341.95K | $72.22K | |
| $3.94M | $5.79M | -$1.48M | -$4.19M | -$6.68M | -$338.16K | $150.96K | |
| — | 64.6% | -4.87% | -19.18% | -75.72% | -3.12% | 1.67% | |
| -$355.22K | -$300.6K | -$3.73M | -$686.81K | — | $11.11K | $4109 | |
| $3.75M | $5.7M | -$1.48M | -$4.19M | -$6.68M | -$338.16K | $150.96K | |
| $3.66M | $5.65M | -$1.47M | -$4.22M | -$6.3M | -$216.44K | $86.57K | |
| USD/shares | $3.86 | $5.00 | -$1.40 | -$4.20 | -$7.40 | -$0.40 | $0.20 |
| USD/shares | $3.27 | $4.40 | -$1.40 | -$4.20 | -$7.40 | -$0.40 | $0.20 |
| shares | — | 1.15M | 1.05M | 1.02M | 896.13K | 762.12K | 723.75K |
| shares | — | 1.27M | 1.05M | 1.02M | 896.13K | 762.12K | 738.25K |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2025: $3.5M in buybacks, $4.14M in dividends.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Operating lease liabilities | 2026-06-30 | USD 419,420 | 10-Q filed 2026-08-13 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 62 similar-size Software - Application companies (of 231 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2024 | FY2023 |
|---|---|---|
| All Other Segments | $30,407,229 | $21,845,830 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $6,443,141 | $7,467,393 | $8,065,194 |
| Japan | $1,912,948 | $14,749,648 | $13,061,591 |
| International | $612,643 | $468,503 | $719,045 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Customised Software Development and Services | $6,859,246 | $7,854,285 | $8,784,239 | — | — |
| Consulting Services | $1,912,948 | $14,736,774 | $6,212,319 | $1,448,365 | — |
| Software Development Services | $196,538 | $94,485 | — | — | — |
| Consulting Service | — | — | — | $1,448,365 | — |
| Customer Experience Management Platform | — | — | $5,602,473 | $5,954,538 | $8,825,530 |
| Maintenance and Support Service | — | — | — | $2,962,325 | — |
| Maintenance and Support Services | — | — | $2,646,148 | $2,962,325 | — |
| On Premise Software | — | — | $1,586,218 | $1,860,573 | — |
| Others | — | — | $144,831 | $182,906 | $305,377 |
| Process Mining | — | — | $399,300 | $499,724 | $737,504 |
| Revenues from Consulting Service | — | — | $6,212,319 | — | — |
| Revenues from Consulting Services | — | — | $6,212,319 | — | — |
| Revenues from Customer Experience Management Platform | — | — | $5,602,473 | — | — |
| Revenues from Customized Software Development and Service | — | — | $8,784,239 | — | — |
| Revenues from Customized Software Development and Services | — | — | $8,784,239 | — | — |
| Revenues from Maintenance and Support Services | — | — | $2,646,148 | — | — |
| Revenues From Onpremise Software | — | — | $1,586,218 | — | — |
| Revenues from Others | — | — | $144,831 | — | — |
| Revenues from Process Mining | — | — | $399,300 | — | — |
| Revenues from Robotic Process Automation | — | — | $325,986 | — | — |
| Revenues from Software as a Service (SaaS) | — | — | $635,927 | — | — |
| Revenues From Software Development And Other Miscellaneous Services | — | — | $1,980,979 | — | — |
| Revenues from Task Mining | — | — | $376,682 | — | — |
| Robotic Process Automation | — | — | $325,986 | $394,829 | $600,318 |
| Software as a Service (SaaS) | — | — | $635,927 | $500,461 | — |
| Software Development and Other Miscellaneous Services | — | — | $1,980,979 | $2,046,588 | — |
| Task Mining | — | — | $376,682 | $337,950 | $353,785 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2024 | FY2023 |
|---|---|---|
| All Other Segments | $64,765 | -$4,119,355 |
Operating Margin by Segment (%)
| Component | FY2024 | FY2023 |
|---|---|---|
| All Other Segments | 0.2% | -18.9% |