HeartCore Q3 revenue falls to $3M, net income $0.4M after divesting software unit

HeartCore Enterprises, Inc.

2025-Q3 EPS reported -$0.07 revenue$7,052,799

Q3 2025 revenue $3.0M vs $16.2M prior year; prior year included $13M warrant revenue from large Go IPO deal.
Net income of $0.4M (down from $10.8M); adjusted EBITDA $0.5M vs $12.0M.
Divested HeartCore Japan subsidiary; pivoted fully to Go IPO consulting business.
Cash and equivalents $1.5M at Sep 30, 2025; pro forma $2.5M after one-time stockholder distribution.
Signed 16th Go IPO contract; one client began Nasdaq trading.

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