<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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HeartCore Enterprises Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-023996), on November 18, 2025, and is solely responsible for the information contained therein.
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