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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›HTCR›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

HeartCore Enterprises, Inc. (HTCR) financials

Income statement

HeartCore Enterprises, Inc. (HTCR) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$9.03M$10.8M$8.82M$21.8M$22.7M$8.97M
Revenue growth—19.9%-18.5%147.7%3.8%-60.5%
Gross profit$4.02M$5.19M$3.35M$8.07M$14.7M$3.15M
Gross margin44.5%47.9%38.0%36.9%64.9%35.1%
Operating income$259K$59.0K-$6.70M-$4.12M-$162K-$3.12M
Operating margin2.9%0.5%-75.9%-18.9%-0.7%-34.8%
Net income$151K-$338K-$6.68M-$4.19M-$1.48M$5.79M
Net margin1.7%-3.1%-75.7%-19.2%-6.5%64.6%
EPS (diluted)$0.01-$0.02-$0.37-$0.21-$0.07$0.22

Cash flow

HeartCore Enterprises, Inc. (HTCR) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$746K$766K-$4.81M-$4.33M-$3.89M-$3.12M
Capital expenditures$27.2K$36.2K$57.1K$526K$7.45K—
Free cash flow$719K$730K-$4.87M-$4.86M-$3.90M—
Share buybacks——$3.50M———
Dividends paid————$835K$3.30M

Balance sheet

HeartCore Enterprises, Inc. (HTCR) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$3.06M$3.14M$7.18M$1.01M$1.97M$1.99M
Total assets$10.4M$9.12M$12.1M$19.6M$14.0M$13.1M
Total liabilities$11.0M$9.68M$7.33M$12.0M$10.5M$5.78M
Long-term debt$3.02M$1.87M$1.12M$1.77M$499K$448K
Shareholders' equity-$958K-$559K$4.81M$5.17M$4.65M$8.78M
Retained earnings-$3.56M-$3.90M-$10.6M-$14.8M-$16.2M-$13.8M
Shares (wtd avg diluted)14.8M15.2M17.9M20.4M20.9M25.5M

Every figure is extracted from HeartCore Enterprises, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is HeartCore Enterprises, Inc.'s annual revenue?
HeartCore Enterprises, Inc. (HTCR) reported $8.97M of revenue for fiscal year 2025 — down 60.5% from $22.7M in FY2024, per its annual report filed with the SEC.
Is HeartCore Enterprises, Inc. profitable?
Yes — HTCR earned $5.79M of net income in FY2025, a 64.6% net margin, per SEC filings.
Does HTCR pay a dividend?
Yes — HeartCore Enterprises, Inc. paid $3.30M in cash dividends during FY2025, per its SEC cash-flow statement.
Full HTCR analysis — verdict, score & filings →Is HTCR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.