Earnings ·
HeartCore Enterprises reported a net loss of $4.0 million for the six months ended June 30, 2026, compared to a net…
HTCRHeartCore Enterprises, Inc.
HeartCore Enterprises reported a net loss of $4.0 million for the six months ended June 30, 2026, compared to a net loss of $2.1 million in the prior year period. Revenues increased 25.9% to $554,000, driven by software development services at its Vietnamese subsidiary, which was partially offset by declining Go IPO consulting revenue. The company completed the strategic divestiture of Sigmaways and entered into an agreement to sell its 51% interest in HeartCore Luvina Vietnam as part of a portfolio optimization strategy. As of June 30, 2026, cash and cash equivalents stood at $587,000. The company also regained compliance with Nasdaq's $1.00 minimum bid price requirement. HeartCore Enterprises operates in the financial services industry, providing IPO consulting and capital markets advisory services primarily to Japanese corporate clients.