What is HEARTCORE ENTERPRISES INC's earnings per share (EPS)?

HEARTCORE ENTERPRISES INC (HTCR) reported diluted earnings per share of $0.22 for fiscal year 2025. This represents a 414.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

HEARTCORE ENTERPRISES INC Financials

HTCR

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE March

This page shows HEARTCORE ENTERPRISES INC (HTCR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Low Quality

-0.54x

For every $1 of reported earnings, HEARTCORE ENTERPRISES INC generates $-0.54 in operating cash flow (-$3.1M OCF vs $5.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-67.2x

HEARTCORE ENTERPRISES INC earns $-67.2 in operating income for every $1 of interest expense (-$3.1M vs $46K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.2M

YoY-76.3%

5Y CAGR-4.4%

HEARTCORE ENTERPRISES INC generated $7.2M in revenue in fiscal year 2025. This represents a decrease of 76.3% from the prior year.

EBITDA

-$3.1M

YoY-477.6%

HEARTCORE ENTERPRISES INC's EBITDA was -$3.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 477.6% from the prior year.

Net Income

$5.8M

YoY+491.1%

5Y CAGR+107.4%

HEARTCORE ENTERPRISES INC reported $5.8M in net income in fiscal year 2025. This represents an increase of 491.1% from the prior year.

EPS (Diluted)

$0.22

YoY+414.3%

5Y CAGR+85.6%

HEARTCORE ENTERPRISES INC earned $0.22 per diluted share (EPS) in fiscal year 2025. This represents an increase of 414.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

25M

YoY+15.9%

5Y CAGR+10.8%

HEARTCORE ENTERPRISES INC had 25M shares outstanding in fiscal year 2025. This represents an increase of 15.9% from the prior year.

Margins & Returns

Gross Margin

43.7%

YoY-15.0pp

5Y CAGR-0.8pp

HEARTCORE ENTERPRISES INC's gross margin was 43.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 15.0 percentage points from the prior year.

Operating Margin

-43.3%

YoY-43.5pp

5Y CAGR-46.1pp

HEARTCORE ENTERPRISES INC's operating margin was -43.3% in fiscal year 2025, reflecting core business profitability. This is down 43.5 percentage points from the prior year.

Net Margin

80.3%

YoY+85.2pp

5Y CAGR+78.6pp

HEARTCORE ENTERPRISES INC's net profit margin was 80.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 85.2 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$180K

YoY-75.4%

5Y CAGR-10.4%

HEARTCORE ENTERPRISES INC invested $180K in research and development in fiscal year 2025. This represents a decrease of 75.4% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

HTCR Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$7.2M-76.3%	$30.4M+39.2%	$21.8M+147.7%	$8.8M-18.5%	$10.8M+19.9%	$9.0M
Cost of Revenue	$5.8M-53.8%	$12.6M-8.7%	$13.8M+152.0%	$5.5M-3.0%	$5.6M+12.5%	$5.0M
Gross Profit	$3.2M-82.3%	$17.8M+121.0%	$8.1M+140.7%	$3.4M-35.4%	$5.2M+29.1%	$4.0M
R&D Expenses	$180K-75.4%	$730K-28.4%	$1.0M+59.0%	$641K+25.5%	$511K+64.2%	$311K
SG&A Expenses	$6.0M-30.0%	$8.6M-10.6%	$9.7M+46.7%	$6.6M+52.3%	$4.3M+34.8%	$3.2M
Operating Income	-$3.1M-4919.5%	$65K+101.6%	-$4.1M+38.5%	-$6.7M-11445.8%	$59K-77.2%	$259K
Interest Expense	$46K-67.7%	$144K-11.6%	$163K+289.9%	$42K-3.3%	$43K	N/A
Income Tax	$45K+132.8%	-$137K-2.4%	-$134K-2158.6%	-$6K-101.7%	$342K+373.5%	$72K
Net Income	$5.8M+491.1%	-$1.5M+64.6%	-$4.2M+37.3%	-$6.7M-1874.7%	-$338K-324.0%	$151K
EPS (Diluted)	$0.22+414.3%	$-0.07+66.7%	$-0.21+43.2%	$-0.37-1750.0%	$-0.02-300.0%	$0.01

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$3.0M-37.0%	$4.7M+32.3%	$3.6M-29.0%	$5.1M-68.9%	$16.2M+299.4%	$4.1M-19.4%	$5.0M+51.7%	$3.3M
Cost of Revenue	$1.5M-39.8%	$2.5M+1.6%	$2.5M-39.0%	$4.1M+82.6%	$2.2M-31.6%	$3.3M+8.2%	$3.0M-6.7%	$3.2M
Gross Profit	$1.5M-33.8%	$2.2M+101.5%	$1.1M+12.3%	$980K-93.0%	$14.0M+1638.5%	$806K-60.3%	$2.0M+1990.1%	$97K
R&D Expenses	N/A	$161K+30.3%	$124K-73.4%	$465K+630.6%	$64K-42.7%	$111K+24.8%	$89K-87.8%	$730K
SG&A Expenses	$1.4M-11.4%	$1.6M-19.0%	$1.9M-29.9%	$2.8M+90.7%	$1.4M-28.6%	$2.0M-16.0%	$2.4M+2.6%	$2.3M
Operating Income	-$11K-110.4%	$107K+108.6%	-$1.2M+87.7%	-$10.1M-181.7%	$12.3M+918.8%	-$1.5M-120.7%	-$683K+78.4%	-$3.2M
Interest Expense	$3K-91.7%	$33K+12.1%	$29K-56.5%	$67K+1908.3%	$3K-91.0%	$37K+1.0%	$37K-3.3%	$38K
Income Tax	$3K+194.7%	-$4K-106.3%	$57K+132.5%	-$174K-191.8%	$190K+362.9%	-$72K+10.0%	-$80K+58.4%	-$193K
Net Income	$434K-60.5%	$1.1M+135.6%	-$3.1M+66.6%	-$9.3M-183.7%	$11.1M+666.7%	-$2.0M-46.3%	-$1.3M+53.3%	-$2.9M
EPS (Diluted)	$0.02-50.0%	$0.04+128.6%	$-0.14	N/A	$0.53+688.9%	$-0.09-50.0%	$-0.06	N/A

HTCR Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$14.0M-28.8%	$19.6M+61.7%	$12.1M+33.1%	$9.1M-11.9%	$10.4M
Current Assets	N/A	$9.4M+71.4%	$5.5M-35.6%	$8.5M+84.9%	$4.6M+8.0%	$4.3M
Cash & Equivalents	N/A	$2.0M+94.9%	$1.0M-85.9%	$7.2M+128.8%	$3.1M+2.6%	$3.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$1.0M-60.7%	$2.6M+376.1%	$551K-42.7%	$961K+35.6%	$708K
Goodwill	N/A	N/A	$3.3M	N/A	N/A	N/A
Total Liabilities	N/A	$10.5M-12.2%	$12.0M+63.1%	$7.3M-24.3%	$9.7M-11.7%	$11.0M
Current Liabilities	N/A	$7.4M+14.0%	$6.5M+78.5%	$3.6M-19.9%	$4.6M+24.2%	$3.7M
Long-Term Debt	N/A	$499K-71.8%	$1.8M+57.5%	$1.1M-40.0%	$1.9M-38.1%	$3.0M
Total Equity	N/A	$4.7M-9.9%	$5.2M+7.4%	$4.8M+960.1%	-$559K+41.7%	-$958K
Retained Earnings	N/A	-$16.2M-10.0%	-$14.8M-39.6%	-$10.6M-171.4%	-$3.9M-9.5%	-$3.6M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$13.3M-1.4%	$13.5M+32.3%	$10.2M-26.8%	$14.0M-45.2%	$25.5M+5.8%	$24.1M+7.8%	$22.3M+13.8%	$19.6M
Current Assets	$12.6M+41.3%	$8.9M+47.2%	$6.1M-35.6%	$9.4M-23.1%	$12.3M+12.4%	$10.9M+20.8%	$9.0M+64.2%	$5.5M
Cash & Equivalents	$1.5M-38.2%	$2.3M+217.7%	$739K-62.6%	$2.0M+60.2%	$1.2M-67.6%	$3.8M+212.2%	$1.2M+20.4%	$1.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$1.1M-63.1%	$3.0M+41.9%	$2.1M+105.3%	$1.0M-60.1%	$2.6M+5.7%	$2.4M-20.9%	$3.1M+17.6%	$2.6M
Goodwill	N/A	N/A	N/A	N/A	$3.3M0.0%	$3.3M0.0%	$3.3M0.0%	$3.3M
Total Liabilities	$9.5M-4.6%	$10.0M+3.6%	$9.6M-8.4%	$10.5M-5.9%	$11.2M-45.1%	$20.3M+27.2%	$16.0M+33.6%	$12.0M
Current Liabilities	$9.0M+26.9%	$7.1M+6.0%	$6.7M-9.8%	$7.4M+13.6%	$6.5M-57.0%	$15.2M+37.9%	$11.0M+69.2%	$6.5M
Long-Term Debt	$461K-57.9%	$1.1M-5.9%	$1.2M+133.9%	$499K-63.9%	$1.4M-1.5%	$1.4M-7.9%	$1.5M-13.9%	$1.8M
Total Equity	$5.2M+7.3%	$4.8M+162.9%	$1.8M-60.4%	$4.7M-62.5%	$12.4M+672.5%	$1.6M-59.2%	$3.9M-23.7%	$5.2M
Retained Earnings	-$17.8M+2.4%	-$18.2M+5.7%	-$19.3M-19.0%	-$16.2M-132.4%	-$7.0M+61.3%	-$18.0M-12.1%	-$16.1M-9.0%	-$14.8M

HTCR Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$3.1M+34.7%	-$4.8M-10.2%	-$4.3M+9.9%	-$4.8M-727.5%	$766K+2.8%	$746K
Capital Expenditures	N/A	$7K-98.6%	$526K+822.1%	$57K+57.9%	$36K+33.1%	$27K
Free Cash Flow	N/A	-$4.8M+1.5%	-$4.9M+0.2%	-$4.9M-766.4%	$730K+1.6%	$719K
Investing Cash Flow	N/A	$6.3M+456.5%	-$1.8M-14498.0%	-$12K+93.2%	-$179K+55.4%	-$401K
Financing Cash Flow	N/A	-$319K-334.0%	$136K-98.5%	$8.9M+3564.2%	-$257K-112.5%	$2.1M
Dividends Paid	$3.3M+296.0%	$835K	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$3.5M	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$306K+54.6%	-$674K+66.3%	-$2.0M-14.5%	-$1.7M-35.3%	-$1.3M-54.3%	-$837K+6.8%	-$899K+52.0%	-$1.9M
Capital Expenditures	N/A	N/A	N/A	$3K	$0	N/A	N/A	$10K
Free Cash Flow	N/A	N/A	N/A	-$1.8M-35.6%	-$1.3M	N/A	N/A	-$1.9M
Investing Cash Flow	N/A	$619K+30.8%	$473K-54.2%	$1.0M+549.6%	-$230K-105.9%	$3.9M+136.0%	$1.7M+192302.6%	$858
Financing Cash Flow	N/A	$1.6M+1038.8%	$143K-88.2%	$1.2M+284.8%	-$655K-64.1%	-$399K+15.9%	-$475K-183.5%	$568K
Dividends Paid	N/A	N/A	N/A	$0-100.0%	$417K	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HTCR Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	43.7%-15.0pp	58.6%+21.7pp	36.9%-1.1pp	38.0%-9.9pp	47.9%+3.4pp	44.5%
Operating Margin	-43.3%-43.5pp	0.2%+19.1pp	-18.9%+57.1pp	-75.9%-76.5pp	0.5%-2.3pp	2.9%
Net Margin	80.3%+85.2pp	-4.9%+14.3pp	-19.2%+56.5pp	-75.7%-72.6pp	-3.1%-4.8pp	1.7%
Return on Equity	N/A	-31.8%+49.3pp	-81.1%+57.8pp	-138.9%	N/A	N/A
Return on Assets	N/A	-10.6%+10.7pp	-21.3%+33.7pp	-55.0%-51.3pp	-3.7%-5.2pp	1.5%
Current Ratio	N/A	1.27+0.4	0.84-1.5	2.34+1.3	1.01-0.2	1.17
Debt-to-Equity	N/A	0.11-0.2	0.34+0.1	0.23+3.6	-3.35-0.2	-3.16
FCF Margin	N/A	-15.7%+6.5pp	-22.2%+32.9pp	-55.2%-61.9pp	6.8%-1.2pp	8.0%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	49.1%+2.4pp	46.7%+16.1pp	30.7%+11.3pp	19.4%-66.9pp	86.3%+66.4pp	19.8%-20.5pp	40.3%+37.4pp	2.9%
Operating Margin	-0.4%-2.6pp	2.3%+37.0pp	-34.7%+164.9pp	-199.6%-275.6pp	76.0%+113.1pp	-37.1%-23.5pp	-13.5%+81.6pp	-95.1%
Net Margin	14.5%-8.7pp	23.2%+109.2pp	-86.1%+97.1pp	-183.1%-251.2pp	68.1%+116.1pp	-48.0%-21.6pp	-26.4%+59.3pp	-85.8%
Return on Equity	8.4%-14.4pp	22.7%+190.4pp	-167.7%+31.2pp	-198.9%-288.1pp	89.2%+210.7pp	-121.5%-87.7pp	-33.9%+21.4pp	-55.2%
Return on Assets	3.3%-4.9pp	8.1%+38.3pp	-30.2%+36.1pp	-66.3%-109.7pp	43.4%+51.5pp	-8.1%-2.1pp	-6.0%+8.6pp	-14.5%
Current Ratio	1.40+0.1	1.26+0.4	0.91-0.4	1.27-0.6	1.88+1.2	0.72-0.1	0.82-0.0	0.84
Debt-to-Equity	0.09-0.1	0.23-0.4	0.63+0.5	0.110.0	0.11-0.8	0.87+0.5	0.39+0.0	0.34
FCF Margin	N/A	N/A	N/A	-34.6%-26.7pp	-8.0%	N/A	N/A	-56.6%

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Frequently Asked Questions

What is HEARTCORE ENTERPRISES INC's annual revenue?

HEARTCORE ENTERPRISES INC (HTCR) reported $7.2M in total revenue for fiscal year 2025. This represents a -76.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is HEARTCORE ENTERPRISES INC's revenue growing?

HEARTCORE ENTERPRISES INC (HTCR) revenue declined by 76.3% year-over-year, from $30.4M to $7.2M in fiscal year 2025.

Is HEARTCORE ENTERPRISES INC profitable?

Yes, HEARTCORE ENTERPRISES INC (HTCR) reported a net income of $5.8M in fiscal year 2025, with a net profit margin of 80.3%.

What is HEARTCORE ENTERPRISES INC's EBITDA?

HEARTCORE ENTERPRISES INC (HTCR) had EBITDA of -$3.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is HEARTCORE ENTERPRISES INC's gross margin?

HEARTCORE ENTERPRISES INC (HTCR) had a gross margin of 43.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is HEARTCORE ENTERPRISES INC's operating margin?

HEARTCORE ENTERPRISES INC (HTCR) had an operating margin of -43.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is HEARTCORE ENTERPRISES INC's net profit margin?

HEARTCORE ENTERPRISES INC (HTCR) had a net profit margin of 80.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is HEARTCORE ENTERPRISES INC's operating cash flow?

HEARTCORE ENTERPRISES INC (HTCR) generated -$3.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

How much does HEARTCORE ENTERPRISES INC spend on research and development?

HEARTCORE ENTERPRISES INC (HTCR) invested $180K in research and development during fiscal year 2025.

How many shares does HEARTCORE ENTERPRISES INC have outstanding?

HEARTCORE ENTERPRISES INC (HTCR) had 25M shares outstanding as of fiscal year 2025.

Are HEARTCORE ENTERPRISES INC's earnings high quality?

HEARTCORE ENTERPRISES INC (HTCR) has an earnings quality ratio of -0.54x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can HEARTCORE ENTERPRISES INC cover its interest payments?

HEARTCORE ENTERPRISES INC (HTCR) has an interest coverage ratio of -67.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.