Welcome to our dedicated page for HEARTCORE ENTERPRISES news (Ticker: HTCR), a resource for investors and traders seeking the latest updates and insights on HEARTCORE ENTERPRISES stock.
HeartCore Enterprises Inc (HTCR) delivers enterprise software solutions through its CXM platform and digital transformation services. This news hub provides investors and stakeholders with essential updates about the company's strategic initiatives and market position.
Track material developments including earnings announcements, product innovations, partnership agreements, and leadership updates. Our curated feed consolidates press releases and verified news to help you monitor HTCR's SaaS transition progress and consulting service expansions.
Expect comprehensive coverage of customer experience management advancements, DX division robotics implementations, and cloud infrastructure developments. The repository also features updates on GO IPO advisory services and regulatory filings.
Bookmark this page for streamlined access to HeartCore's corporate communications. Combine these timely updates with our company overview to maintain informed perspectives on this enterprise software provider.
HeartCore Enterprises (Nasdaq: HTCR), a Tokyo-based enterprise software and data consulting services company, has announced its participation in the upcoming Centri Capital Conference. The event will take place at the Nasdaq headquarters in New York City on April 22, 2025.
Company CEO Sumitaka Kanno is scheduled to deliver a presentation at 9:30 a.m. Eastern time and will be available for in-person one-on-one meetings throughout the conference. Interested parties can schedule meetings by emailing HTCR@gateway-grp.com.
HeartCore Enterprises (HTCR) has announced a strategic partnership with NEC Solution Innovators effective March 2025. The collaboration aims to enhance HeartCore's CMS implementation process by integrating their platform with NEC Solutions' system integration technology.
The partnership focuses on delivering tailored CMS solutions through comprehensive client assessments, customized implementation, and ongoing operational support. HeartCore's existing CMS platform, which already handles dynamic website management, will be enhanced to streamline information dissemination, optimize operational efficiency, and improve customer engagement.
CEO Sumitaka Kanno emphasized that this partnership represents a strategic move to maintain their CMS solution's market leadership in Japan while expanding their reach across diverse industries and businesses.
HeartCore Enterprises (HTCR) reported its 2024 financial results, showing a 39% revenue increase to $30.4 million year-over-year. The company's gross profit grew 121% to $17.8 million. However, HeartCore recorded a $7.2 million impairment of goodwill related to its Sigmaways subsidiary, leading to a net loss of $5.2 million for the year.
The company maintained its market leadership in Japan for the ninth consecutive year and implemented several strategic initiatives, including expanding its CMS platform to a SaaS model and transitioning to multi-year contracts. HeartCore plans to expand its Go IPO consulting business into South Korea, with a seminar scheduled for September 2025.
The company ended 2024 with $2.1 million in cash and cash equivalents, up from $1.0 million in 2023, and reported adjusted EBITDA of $7.3 million compared to $(3.6) million in the previous year.
HeartCore Enterprises (Nasdaq: HTCR) has announced the formation of a new Business Development team to enhance its CMS business operations. This strategic move aims to strengthen customer success and address growing service demands across license implementation, website development, design, and post-launch operations.
The BizDev team will enable HeartCore to proactively offer comprehensive end-to-end support, spanning from website strategy consulting to operational support in areas like SEO, security, and Digital Asset Management. CEO Sumitaka Kanno emphasized that this development aligns with their strategy to enhance customer service and strengthen recurring revenues.
As a case study, the company highlighted their work with Tourinji temple in Matsue, where the BizDev team successfully managed a website renewal project, demonstrating their ability to handle complex client needs while maintaining historical authenticity in a modern digital format.
HeartCore Enterprises (Nasdaq: HTCR), a Tokyo-based enterprise software and data consulting services company, has announced its participation in the 37th Annual ROTH Conference from March 16-18, 2025, at the Laguna Cliffs Marriott in Dana Point, California.
CEO Sumitaka Kanno will conduct one-on-one meetings with institutional investors during the event. The conference will showcase approximately 450 growth companies across various sectors including:
- Business Services
- Consumer
- Healthcare
- Industrial Growth
- Insurance
- Resources
- Sustainability
- Technology, Media and Entertainment
The event will feature one-on-one meetings, small group sessions, analyst-selected fireside chats, and industry keynotes and panels.
HeartCore Enterprises (Nasdaq: HTCR), a Tokyo-based enterprise software and data consulting services company, announced its expansion of Go IPO consulting services into South Korea. The company is launching a sales and marketing initiative across the Asia-Pacific region, beginning with a referral program with South Korean partners.
HeartCore plans to engage Thomas Yi, a global entrepreneur from Cross Border Associates (CBA), who brings over 30 years of cross-border transaction experience. The company will partner with Yi and CBA to host an IPO seminar event in South Korea in May 2025.
CEO Sumitaka Kanno highlighted growing interest from companies across South Korea and Asia-Pacific seeking U.S. listings as capital raising alternatives. The expansion beyond Japan aims to create additional deal flow and enhance HeartCore's financial profile.
HeartCore Enterprises (Nasdaq: HTCR) has announced strategic initiatives to enhance customer experience and promote cross-selling opportunities. The company is forming a dedicated team for customer engagement and launched 'Health Check,' an on-site consultation program, in October 2024.
The initiative builds on HeartCore's recent expansion to a Software-as-a-Service model and shift to multi-year licensing agreements. The company will focus on maximizing CMS functionality usage and providing customized digital transformation support. Notable statistics include a 25.9% client retention rate exceeding 10 years and a projected 12% sales growth from existing CMS customers in FY 2025.
The strategy includes cross-selling their WAF security product and identifying opportunities for website design projects and consulting engagements, aiming for full-scale renewal projects.
HeartCore Enterprises (HTCR) reported outstanding Q3 2024 financial results with revenues surging 281% to $17.9 million and net income increasing 526% to $10.8 million. The company's success was primarily driven by its Go IPO business, with two clients successfully listing on Nasdaq during the quarter. Gross profit saw a remarkable 1,640% increase to $14.4 million, while operating expenses decreased to $2.3 million. The company has implemented strategic changes including transitioning to multi-year software licensing agreements and expanding its CMS platform to a SaaS delivery model. HeartCore maintained its leading market share in Japan for the ninth consecutive year and authorized a second dividend payment of $0.02 per share.
HeartCore Enterprises (Nasdaq: HTCR), a Tokyo-based enterprise software and data consulting services company, has announced its participation in the upcoming Sidoti Micro-Cap Virtual Conference on November 13-14, 2024. CEO Sumitaka Yamamoto will deliver a presentation on Thursday, November 14, 2024, at 11:30 a.m. ET. The presentation will be available via webcast with replay options. Interested parties can register for the presentation and request one-on-one meetings through the Sidoti website, while additional meeting arrangements can be made through Gateway Group.
HeartCore Enterprises (Nasdaq: HTCR) has successfully regained compliance with Nasdaq's minimum bid price requirement of $1.00, ensuring its continued listing on the Nasdaq Capital Market. The company had previously received a non-compliance notice on October 22, 2024, and was scheduled for an appeal hearing on December 17, 2024, which has now been cancelled following the compliance confirmation. HeartCore, a Tokyo-based enterprise software and data consulting services company, will maintain its listing status on The Nasdaq Stock Market.
