Earnings summaries and quarterly performance for HeartCore Enterprises.
Executive leadership at HeartCore Enterprises.
Board of directors at HeartCore Enterprises.
Research analysts covering HeartCore Enterprises.
Recent press releases and 8-K filings for HTCR.
HeartCore Enterprises, Inc. Reports Q3 2025 Financial Results and Strategic Pivot
HTCR
Earnings
M&A
Dividends
- HeartCore Enterprises, Inc. reported revenues of $3.0 million and net income of $0.4 million for the third quarter ended September 30, 2025, a decrease from $16.2 million and $10.8 million, respectively, in the same period last year, primarily due to a non-comparable $13 million signature warrant revenue in the prior period.
- The company announced a strategic pivot to its Go IPO consulting business, following the divestiture of its software business subsidiary, HeartCore Co., Ltd..
- For the nine months ended September 30, 2025, revenues were $7.1 million and the company reported a net loss of $1.7 million, compared to revenues of $21.3 million and net income of $7.1 million in the prior year period.
- As of September 30, 2025, cash and cash equivalents stood at $1.5 million, with a pro forma balance of approximately $2.5 million as of November 18, 2025, after a one-time distribution payment to stockholders.
Nov 18, 2025, 1:30 PM
HeartCore Enterprises Receives Nasdaq Minimum Bid Price Extension
HTCR
Delisting/Listing Issues
- HeartCore Enterprises, Inc. (HTCR) has been granted an additional 180-day extension by the Nasdaq Listing Qualifications Department to regain compliance with the $1.00 minimum bid price requirement.
- The company now has until May 1, 2026, to meet this requirement, which necessitates its common stock closing at or above $1.00 per share for a minimum of 10 consecutive business days.
- This extension has no immediate effect on the continued listing of HTCR's common stock on The Nasdaq Capital Market.
- HeartCore is considering a reverse stock split as a potential action to regain compliance, though no decisions have been finalized.
Nov 10, 2025, 1:30 PM
HeartCore Granted Nasdaq Minimum Bid Price Extension
HTCR
Delisting/Listing Issues
- HeartCore Enterprises, Inc. (Nasdaq: HTCR) received an additional 180-day extension from the Nasdaq Listing Qualifications Department to regain compliance with the $1.00 minimum bid price requirement.
- The company has until May 1, 2026, to meet this requirement, which entails maintaining a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days.
- This extension has no immediate effect on the continued listing status of HeartCore's common stock, although there is no assurance the company will ultimately regain compliance.
Nov 10, 2025, 1:30 PM
HeartCore Enterprises Divests Software Business Subsidiary
HTCR
M&A
Dividends
- HeartCore Enterprises, Inc. (HTCR) divested its software business subsidiary, HeartCore Co. Ltd. (HeartCore Japan), to Smith Japan Holdings KK for approximately ¥1.8 billion yen (equivalent to approximately $12 million USD).
- This strategic decision was made to concentrate efforts on the Go IPO consulting business, citing the rapid evolution of generative AI reshaping the competitive landscape for traditional software.
- A portion of the sale proceeds will be used for a one-time distribution payment of $0.13 per share to shareholders, with a record date of November 10, 2025, and a payment date of November 17, 2025.
- The company is also assessing strategic alternatives to divest its 51% interest in Sigmaways, Inc., aiming for a complete exit from all software business activities.
Oct 31, 2025, 12:30 PM
HeartCore Enterprises Divests Software Subsidiary and Announces Shareholder Distribution
HTCR
M&A
Dividends
New Projects/Investments
- HeartCore Enterprises sold its subsidiary HeartCore Co. Ltd. (HeartCore Japan), a software development and sales business, to Volaris Group UK Holdco LTD for approximately ¥1.8 billion yen (USD $12 million).
- This strategic divestiture aims to transition HeartCore into a financial consulting firm, focusing exclusively on its highly profitable Go IPO business due to the evolving software landscape influenced by generative AI.
- A portion of the sale proceeds will be used for a one-time distribution payment of $0.13 per share to shareholders, with a record date of November 10, 2025, and a payment date of November 17, 2025.
- The company also intends to divest its remaining software business assets, including Sigmaways, to further concentrate on its Go IPO consulting services.
Oct 31, 2025, 12:30 PM
HeartCore Enterprises clarifies one-time payment to stockholders as a distribution
HTCR
Dividends
Accounting Changes
- HeartCore Enterprises, Inc. clarified that its previously announced one-time payment to stockholders of $0.13 per share will be classified as a distribution for U.S. federal tax purposes, not a dividend.
- The record date for stockholders to participate in this distribution is November 10, 2025, and the payment date is expected to be November 17, 2025.
- This one-time distribution payment of $0.13 per share represents approximately 16.8% of the Company's stock price as of market close on October 27, 2025.
Oct 29, 2025, 8:05 PM
HeartCore Clarifies Stockholder Payment as Distribution
HTCR
Dividends
Accounting Changes
- HeartCore Enterprises, Inc. clarified that a previously announced one-time payment to its stockholders will be deemed a distribution for U.S. federal tax purposes, correcting an earlier statement that it would be a dividend.
- The payment amount is $0.13 per share of common stock.
- The record date for stockholders to participate in the distribution is November 10, 2025, with the payment date set for November 17, 2025.
- This one-time distribution payment represents approximately 16.8% of the Company\u2019s stock price as of market close on October 27, 2025.
Oct 29, 2025, 12:30 PM
HeartCore Enterprises, Inc. Authorizes One-Time Dividend Payment
HTCR
Dividends
- HeartCore Enterprises, Inc. authorized a one-time dividend payment of $0.13 per share of common stock.
- The dividend represents approximately 17.8% of the Company's stock price as of market close on October 17, 2025.
- The record date for the dividend is November 10, 2025, and the payment date is expected to be November 17, 2025.
- The company may continue to issue quarterly dividends in the future, contingent upon Board approval following a review of financial results.
Oct 20, 2025, 8:05 PM
HeartCore Authorizes One-Time Dividend Payment
HTCR
Dividends
- HeartCore Enterprises, Inc. has authorized a one-time dividend payment of $0.13 per share of common stock.
- This dividend represents approximately 17.8% of the Company’s stock price as of market close on October 17, 2025.
- The record date for the dividend is November 10, 2025, with the payment date set for November 17, 2025.
- HeartCore may continue to issue quarterly dividends in the future, contingent upon Board approval.
Oct 20, 2025, 8:05 PM
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