STOCK TITAN

HeartCore (NASDAQ: HTCR) forecasts 2025 profit after HeartCore Japan sale

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

HeartCore Enterprises released preliminary, unaudited results for fiscal 2025, expecting revenue between $8.5 million and $9.5 million and net income between $3.0 million and $4.0 million. This marks a swing from a $5.2 million net loss in the prior year to profitability.

Revenue declined year over year because HeartCore sold its wholly owned subsidiary HeartCore Japan on October 31, 2025, removing about $7.0 million to $8.0 million of its prior revenue from consolidated results. The sale generated an approximately $7.0 million gain and about JPY 1.8 billion in proceeds, which management describes as a key step in its capital strategy.

For 2025, HeartCore expects $7.0 million to $7.5 million of revenue from its software-related business and $1.5 million to $2.0 million from its Go IPO consulting business. The company has engaged a cumulative total of 16 Go IPO clients, with five currently under active engagement, and is repositioning to focus more heavily on financial services–oriented advisory work.

Positive

  • Return to profitability: HeartCore expects 2025 net income of $3.0–$4.0 million, compared with a $5.2 million net loss in the prior year, reflecting a significant reported earnings turnaround.
  • Capital from strategic divestiture: The sale of HeartCore Japan generated approximately JPY 1.8 billion in proceeds and an estimated $7.0 million gain, giving the company additional resources to support its refocused financial services strategy.

Negative

  • None.

Insights

HeartCore turns profitable in 2025, driven by the sale of HeartCore Japan and a more focused advisory model.

HeartCore Enterprises expects 2025 revenue of $8.5 million to $9.5 million and net income of $3.0 million to $4.0 million, a sharp improvement from a $5.2 million net loss the prior year. The shift is largely tied to an approximately $7.0 million gain on the divestiture of HeartCore Japan, which reduced consolidated revenue but boosted profitability.

The transaction, completed on October 31, 2025, removed roughly $7.0 million to $8.0 million of revenue that HeartCore Japan previously contributed, explaining the year-over-year revenue decline. Management highlights about JPY 1.8 billion in proceeds and describes this as a major milestone in its capital strategy, with plans to reallocate capital into growth initiatives in the financial services sector.

Operationally, expected 2025 revenue is split between software-related business at $7.0 million to $7.5 million and Go IPO services at $1.5 million to $2.0 million. The company notes a cumulative 16 Go IPO clients, with five active, and references new initiatives intended to broaden services and create additional, sustainable revenue streams beyond Go IPO. Future disclosures in regular filings may clarify how much of 2025 profitability is recurring versus driven by the one-time gain.

false 0001892322 0001892322 2026-02-11 2026-02-11 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) February 11, 2026

 

HEARTCORE ENTERPRISES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41272   87-0913420
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

14F, Shibuya Sakura Stage Central Building,

 1-2 Sakuragaoka-cho,
Shibuya-ku, Tokyo
, Japan

  150-0031
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code +81-3-6899-7114

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   HTCR   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 2.02. Results of Operations and Financial Condition.

 

On February 11, 2026, HeartCore Enterprises, Inc. (the “Company”) issued a press release announcing certain preliminary unaudited financial results for the year ended December 31, 2025. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in any website is not a part of this Current Report on Form 8-K.

 

The information included in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press release of the issuer dated February 11, 2026.
104*   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: February 11, 2026 HEARTCORE ENTERPRISES, INC.
     
  By: /s/ Sumitaka Yamamoto
    Sumitaka Yamamoto
    Chief Executive Officer

 

 

 

 

 

Exhibit 99.1

 

HeartCore Announces Preliminary Fiscal Year 2025 Financial Results

 

FY 2025 Revenue Expected to Range Between $8.5 Million and $9.5 Million

FY 2025 Net Income Expected to Range Between $3.0 Million and $4.0 Million

 

NEW YORK and TOKYO, February 11, 2026 (GLOBE NEWSWIRE) — HeartCore Enterprises, Inc. (NASDAQ: HTCR) (“HeartCore” or the “Company”), an IPO consulting services company based in Tokyo, today announced select preliminary financial results for the fiscal year ended December 31, 2025. These results are preliminary, unaudited, and subject to the completion of the Company’s annual audit. Actual results may differ materially as a result of the final audit process, including the receipt of additional information and related determinations.

 

Preliminary FY 2025 Financial Highlights

 

Based on currently available unaudited information, HeartCore expects:

 

Revenue to be in the range of $8.5 million to $9.5 million
Net income to be in the range of $3.0 million to $4.0 million

 

The year-over-year decline in consolidated revenue primarily reflects the strategic divestiture of the Company’s wholly owned subsidiary, HeartCore Co., Ltd. (“HeartCore Japan”), which was completed on October 31, 2025. As a result of this transaction, approximately $7.0 million to $8.0 million of revenue previously generated by HeartCore Japan has been excluded from the Company’s consolidated revenue for 2025.

 

Despite the decline in revenue, the Company recorded an approximately $7.0 million gain on the sale of HeartCore Japan, contributing to a significant improvement in profitability. As a result, HeartCore expects to report net income of $3.0 million to $4.0 million for fiscal year 2025, compared to a net loss of $5.2 million in the prior year.

 

Expected Fiscal Year 2025 Revenue by business type:

 

Software Related Business   Go IPO Business   Total
$7.0 million – $7.5 million   $1.5 million – $2.0 million   $8.5 million – $9.5 million

 

As of December 31, 2025, the Company has been engaged by a cumulative total of 16 Go IPO clients, with five companies currently under active engagement for listing preparation.

 

HeartCore CEO Sumitaka Kanno commented: “The divestiture of HeartCore Japan, which generated approximately JPY 1.8 billion in proceeds, represents a major milestone in our capital strategy and marks a transition into our next phase of growth. We are reallocating this capital into growth initiatives and strategically realigning our business to focus within the financial services sector. No matter how advanced autonomous AI becomes, we believe that businesses built on authentic human connection will remain irreplaceable. Our Go IPO business is the embodiment of this approach, and following the divestiture of our software business, we have focused on identifying new ways to broaden and elevate our practice within the financial services sector. With a few initiatives underway aimed at both expanding our service offerings and generating new, sustainable revenue streams beyond Go IPO, we look forward to sharing further details in the coming weeks.”  

 

About HeartCore Enterprises, Inc.

 

HeartCore Enterprises, Inc. is headquartered in Tokyo, Japan, and is a leading consulting services company providing U.S. market listing support and related advisory services primarily to Japanese corporate clients. For more information, please visit https://heartcore-enterprises.com/.

 

 

 

 

Forward-Looking Statements

 

All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believed,” “intend,” “expect,” “anticipate,” “plan,” “potential,” “continue,” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks, and uncertainties are discussed in HeartCore’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore’s control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements. Any forward-looking statement reflects HeartCore’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. HeartCore assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.

 

HeartCore Investor Relations Contact:

 

Gateway Group, Inc.

Matt Glover and John Yi

HTCR@gateway-grp.com

(949) 574-3860

 

 

 

FAQ

What preliminary 2025 financial results did HeartCore Enterprises (HTCR) report?

HeartCore expects 2025 revenue of $8.5–$9.5 million and net income of $3.0–$4.0 million. These unaudited figures represent a swing from a $5.2 million net loss in the prior year to a profitable year, pending completion of the annual audit.

How did the sale of HeartCore Japan affect HTCR’s 2025 results?

The divestiture of HeartCore Japan removed about $7.0–$8.0 million of revenue from 2025 consolidated results, causing a year-over-year revenue decline. However, HeartCore expects an approximately $7.0 million gain on the sale, which is a major driver of reported profitability.

What is HeartCore Enterprises’ 2025 revenue mix by business line?

For 2025, HeartCore expects $7.0–$7.5 million in revenue from its software-related business and $1.5–$2.0 million from its Go IPO business. Combined, these segments are projected to generate total revenue between $8.5 million and $9.5 million for the year.

How many Go IPO clients does HeartCore Enterprises (HTCR) have?

As of December 31, 2025, HeartCore has been engaged by a cumulative total of 16 Go IPO clients. Of these, five companies are under active engagement for listing preparation, reflecting ongoing demand for its U.S. listing advisory services.

What strategic shift is HeartCore Enterprises pursuing after the HeartCore Japan sale?

HeartCore’s CEO describes the HeartCore Japan sale, yielding about JPY 1.8 billion, as a major capital strategy milestone. The company is reallocating proceeds into growth initiatives and realigning toward financial services, expanding beyond Go IPO to new advisory offerings and revenue streams.

Are HeartCore Enterprises’ 2025 figures final or audited?

The 2025 figures are described as preliminary and unaudited and remain subject to the completion of the company’s annual audit. Management cautions that actual results may differ materially once additional information is evaluated and final audit determinations are made.

Filing Exhibits & Attachments

4 documents
HEARTCORE ENTERPRISES INC

NASDAQ:HTCR

HTCR Rankings

HTCR Latest News

HTCR Latest SEC Filings

HTCR Stock Data

7.07M
8.68M
72.11%
0.82%
1.04%
Software - Application
Services-computer Processing & Data Preparation
Link
Japan
TOKYO