---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-013951"
form_type: "8-K"
ticker: "HTCR"
cik: "0001892322"
company_name: "HeartCore Enterprises, Inc."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:33:54.608004+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HeartCore FY2023 rev $21.8M (+148%), net loss $4.9M; authorizes dividend, 10 clients in Go IPO pipeline

## Summary
- Revenue $21.8M (+148% YoY); gross profit $8.1M (+140.7%); net loss $4.9M ($0.21/diluted share).
- Cash and equivalents $1.0M at Dec 31, 2023 vs $7.2M a year earlier; operating expenses $12.2M.
- Authorized inaugural dividend; sold Go IPO client warrant for $9M (Q1 2024 revenue); 10 companies in Go IPO pipeline.
- Established HeartCore Luvina Vietnam JV (850 engineers) and AI Software Division; plans to expand globally in 2024.
- Maintained #1 CMS market share in Japan for 8th consecutive year; partnership with TOPPAN Inc. for Dashiwake platform.

## SEC filing metadata
- accession: 0001493152-24-013951
- form_type: 8-K
- ticker: HTCR
- cik: 0001892322
- company_name: HeartCore Enterprises, Inc.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892322/000149315224013951/0001493152-24-013951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892322/000149315224013951/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-013951
- JSON: https://secwatch.observer/filing/0001493152-24-013951.json
- Plain text: https://secwatch.observer/filing/0001493152-24-013951.txt

## Key facts
- Earnings Releases
  HeartCore Enterprises, Inc. reported financial results for fourth quarter and full year ended December 31, 2023.
  - Period: fourth quarter and full year ended December 31, 2023
  - Result: reported results
  source text: On April 8, 2024, HeartCore Enterprises, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892322/000149315224013951/0001493152-24-013951-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.