HeartCore Q1 revenue falls 28% to $3.6M; net loss widens to $3.1M

HeartCore Enterprises, Inc.

2025-Q1 EPS reported -$0.14 vs consensus -$0.20 ▲ beat (+31.4%)

Revenue of $3.6M down from $5.0M YoY; on-premise software, Sigmaways, and Go IPO all declined.
Net loss of $3.1M compared to $1.5M loss a year ago; adjusted EBITDA loss of $1.3M.
Cash and cash equivalents fell to $0.7M from $2.1M at year-end 2024.
Strategic partnership with NEC Solutions Innovators to enhance CMS implementation.
South Korea IPO seminar rescheduled to September 2025 as Go IPO expands beyond Japan.

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