HeartCore Enterprises, Inc. Income Statement
HTCR|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
HeartCore Enterprises, Inc. reported $23M in revenue and $1M in net loss for FY2025. Revenue has grown at a 25.9% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $22.7M | $21.8M | $8.8M | $10.8M | $9.0M |
| Cost of Revenue | $8.0M | $13.8M | $5.5M | $5.6M | $5.0M |
| Gross Profit | $14.7M | $8.1M | $3.4M | $5.2M | $4.0M |
| SG&A Expense | $6.9M | $9.7M | $6.6M | $4.3M | $3.2M |
| R&D Expense | $179.8K | $1.0M | $641.0K | $510.7K | $311.0K |
| Operating Income | -$161.7K | -$4.1M | -$6.7M | $59.0K | $258.7K |
| Interest Expense | $12.0K | - | $41.8K | $43.2K | - |
| Income Tax | -$363.2K | -$133.7K | -$5.9K | $341.9K | $72.2K |
| Net Income | -$1.5M | -$4.2M | -$6.7M | -$338.2K | $151.0K |
| EPS (Basic) | -$0.07 | -$0.21 | -$0.37 | -$0.02 | $0.01 |
| EPS (Diluted) | -$0.07 | -$0.21 | -$0.37 | -$0.02 | $0.01 |
| Shares Outstanding | 21.9M | 20.8M | 17.6M | 15.5M | 15.2M |
| Gross Margin | 64.9% | 36.9% | 38.0% | 47.9% | 44.5% |
| Operating Margin | -0.7% | -18.9% | -75.9% | 0.5% | 2.9% |
| Profit Margin | -6.5% | -19.2% | -75.7% | -3.1% | 1.7% |