<a href="https://laohu8.com/S/HTCR">HeartCore Enterprises</a> reports Q3 revenue of $3.0 million and net income of $0.4 million
HeartCore Enterprises Inc. reported third quarter 2025 revenues of $7.1 million, down from $21.3 million in the same period last year, primarily due to the absence of a $13 million signature warrant revenue from a large GO IPO deal recorded previously. Gross profit fell to $2.6 million from $15.1 million. Operating expenses decreased to $4.5 million from $5.5 million. The company reported a net loss of $1.7 million, compared to net income of $7.1 million last year. Adjusted EBITDA was negative $0.6 million, down from $10.4 million. HeartCore divested its software business subsidiary, HeartCore Co., Ltd., authorized a one-time distribution payment to stockholders, and signed its 16th Go IPO contract during the period. As of November 18, 2025, the company had approximately $2.5 million in cash and cash equivalents following the distribution.
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