HTCR
HeartCore Enterprises Inc
NASDAQ: HTCR · TECHNOLOGY · SOFTWARE - APPLICATION
$3.56
+15.40% today
Updated 2026-05-01
Market cap
$3.92M
P/E ratio
—
P/S ratio
0.44x
EPS (TTM)
$-3.40
Dividend yield
—
52W range
$3 – $28
Volume
0.7M
HeartCore Enterprises Inc (HTCR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.21M | $9.03M | $10.82M | $8.82M | $21.85M | $30.41M | $8.97M |
| Revenue growth (YoY) | — | +25.2% | +19.9% | -18.5% | +147.7% | +39.2% | -70.5% |
| Cost of revenue | $4.55M | $5.01M | $5.63M | $5.47M | $13.78M | $12.58M | $5.82M |
| Gross profit | $2.66M | $4.02M | $5.19M | $3.35M | $8.07M | $17.83M | $3.15M |
| Gross margin | 36.9% | 44.5% | 47.9% | 38.0% | 36.9% | 58.6% | 35.1% |
| R&D | $332701.00 | $311049.00 | $510740.00 | $641025.00 | $1.02M | $729584.00 | $0.00 |
| SG&A | $2.98M | $3.08M | $4.14M | $6.58M | $8.98M | $7.89M | $5.85M |
| Operating income | $-1.27M | $258705.00 | $59018.00 | $-6.70M | $-4.12M | $64765.00 | $-2.98M |
| Operating margin | -17.6% | 2.9% | 0.5% | -75.9% | -18.9% | 0.2% | -33.2% |
| EBITDA | $-1.14M | $399685.00 | $163535.00 | $-6.56M | $-4.16M | $-4.46M | $-4.01M |
| EBITDA margin | -15.9% | 4.4% | 1.5% | -74.4% | -19.1% | -14.7% | -44.7% |
| EBIT | $-1.27M | $277476.00 | $58141.00 | $-6.70M | $-4.85M | $-5.21M | $-4.05M |
| Interest expense | $48689.00 | $50199.00 | $43240.00 | $41800.00 | $162968.00 | $144033.00 | $87660.00 |
| Income tax | $-56057.00 | $72217.00 | $341945.00 | $-5918.00 | $-133664.00 | $-136822.00 | — |
| Effective tax rate | 4.4% | 32.4% | 9024.7% | 0.1% | 3.1% | 8.5% | 0.0% |
| Net income | $-1.22M | $150955.00 | $-338156.00 | $-6.68M | $-4.19M | $-1.48M | $5.79M |
| Net income growth (YoY) | — | +112.3% | -324.0% | -1874.7% | +37.3% | +64.6% | +491.1% |
| Profit margin | -17.0% | 1.7% | -3.1% | -75.7% | -19.2% | -4.9% | 64.6% |