HeartCore Enterprises, Inc. (HTCR) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 5.33%
• Average Volume (3M): 87.01K
• Price to Earnings (P/E): 3.6
• Beta (1Y): 1.32
• Revenue Growth: 39.19%
• EPS Growth: 63.24%
• Country: US
• Employees: 99
• Sector: Technology
• Sector Strength: 43
• Industry: Software - Application
• EPS (TTM): -0.07
• Shares Outstanding: 22,075,333
• 10 Day Avg. Volume: 70,187
• 30 Day Avg. Volume: 87,006
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.86
• Price to Cash Flow (P/CF): -10.60
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

HeartCore Enterprises' overall stock score is 47, driven by strong revenue growth but hindered by ongoing profitability and cash flow challenges. Technical indicators suggest bearish momentum, and valuation concerns are evident with a negative P/E ratio despite a high dividend yield. The focus should be on improving profitability and maintaining cash flow to enhance financial health.

HeartCore Enterprises, Inc. Business Overview & Revenue Model

Company Description

HeartCore Enterprises, Inc. (HTCR) is a company that specializes in providing software solutions and digital transformation services. Operating primarily in the technology sector, the company focuses on offering a range of products and services designed to enhance business operations and customer engagement. Its core offerings include enterprise software solutions, customer experience management platforms, and digital transformation consulting services. HeartCore aims to support businesses in optimizing their operations and improving customer interactions through innovative technology solutions.

How the Company Makes Money

HeartCore Enterprises, Inc. generates revenue through the sale of its enterprise software solutions and digital transformation services. The company's key revenue streams include licensing fees from its software products, subscription fees for its customer experience management platforms, and consulting fees for its digital transformation services. Additionally, HeartCore may engage in strategic partnerships and collaborations with other technology firms to expand its market reach and enhance its service offerings, which can contribute to its earnings. By providing comprehensive technology solutions tailored to the needs of various industries, HeartCore aims to maintain a steady stream of income from its diverse client base.

HeartCore Enterprises, Inc. Financial Statement Overview

Summary

HeartCore Enterprises shows strong revenue growth and improved profitability margins, with a robust income statement. The balance sheet indicates moderate improvement with low leverage, but cash flow issues persist, posing potential liquidity challenges.

Income Statement

HeartCore Enterprises, Inc. shows a strong recovery in its income statement. The TTM data reflects a significant improvement in both gross profit margin and net profit margin, with gross profit margin at 57.3% and net profit margin at 16.2%. Revenue growth is robust at 38.8% year-over-year from 2023 to TTM 2024. The company's EBIT margin is 22.3%, indicating healthy operational profitability. However, the company has experienced volatility in its historical EBIT and EBITDA margins, with negative figures in previous years.

Balance Sheet

The balance sheet shows moderate improvement. The debt-to-equity ratio is 0.34, indicating a relatively low level of leverage. Return on equity (ROE) stands at 39.7%, which is strong but partly due to previously negative equity turning positive. The equity ratio is 48.7%, suggesting a balanced capital structure. However, historical figures show fluctuations in equity, reflecting potential instability.

Cash Flow

The cash flow analysis highlights challenges in generating positive free cash flows, with a negative free cash flow of -$3.5 million in the TTM period. The operating cash flow to net income ratio is negative, indicating discrepancies between reported earnings and cash generated from operations. While there's been improvement in investing cash flows, the overall cash flow position remains weak.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
30.29M	21.85M	8.82M	10.82M	9.03M	7.21M
	Gross Profit
17.35M	8.07M	3.35M	5.19M	4.02M	2.66M
	EBIT
6.75M	-4.12M	-6.70M	139.02K	258.70K	-1.22M
	EBITDA
4.78M	-4.16M	-6.55M	170.40K	399.69K	-1.14M
	Net Income Common Stockholders
4.92M	-4.19M	-6.68M	-327.04K	150.96K	-1.26M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.06M	1.95M	7.18M	3.14M	3.06M	535.29K
	Total Assets
10.36M	19.62M	12.14M	9.12M	10.36M	7.94M
	Total Debt
8.49M	4.89M	4.55M	6.19M	8.49M	7.30M
	Net Debt
5.43M	3.88M	-2.62M	3.05M	5.43M	6.76M
	Total Liabilities
11.42M	11.96M	7.33M	9.68M	11.42M	10.03M
	Stockholders Equity
-1.41M	5.17M	4.81M	-558.95K	-1.41M	-2.43M
Cash Flow		Free Cash Flow
-3.50M	-4.86M	-4.87M	730.15K	718.58K	-716.63K
	Operating Cash Flow
-5.27M	-4.33M	-4.81M	766.30K	745.75K	-685.80K
	Investing Cash Flow
5.38M	-1.78M	-12.20K	-179.03K	-401.15K	-464.02K
	Financing Cash Flow
-1.03M	136.19K	8.92M	-257.35K	2.06M	875.71K

HeartCore Enterprises, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HTCR, the sentiment is Negative. The current price of 0.75 is below the 20-day moving average (MA) of 0.97, below the 50-day MA of 1.25, and below the 200-day MA of 1.08, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 29.27 is Positive, neither overbought nor oversold. The STOCH value of 13.77 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HTCR.

HeartCore Enterprises, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DOCU	77 Outperform	$16.84B	15.92	68.18%	―	7.78%	1345.45%
NOW	72 Outperform	$164.96B	118.64	16.53%	―	22.44%	-18.31%
BOX	72 Outperform	$4.44B	23.32	189.40%	―	5.05%	103.11%
OTEX	69 Neutral	$9.59B	10.75	16.00%	4.05%	-3.59%	432.46%
Sector *	57 Neutral	$20.89B	10.40	-13.99%	2.52%	4.47%	-23.34%
HTCR	47 Neutral		3.64	48.70%	5.33%	39.19%	63.24%

HeartCore Enterprises, Inc. Corporate Events

HeartCore Enterprises to Unveil Investor Presentation

HeartCore Enterprises, Inc. will unveil its investor presentation starting November 15, 2024, offering insights into the company’s future strategies and market potential. This presentation is a key event for stock enthusiasts and financial market observers eager to understand the company’s direction, but it is not considered a formal filing under the Securities Exchange Act.

HeartCore Enterprises Regains Nasdaq Compliance

HeartCore Enterprises, a Tokyo-based enterprise software and consulting services company, has regained compliance with Nasdaq’s $1.00 minimum bid price requirement, ensuring its continued listing and trading on the Nasdaq Stock Market. Previously, HeartCore faced the risk of delisting due to non-compliance but successfully met the necessary criteria, averting a planned appeal hearing.