HeartCore Enterprises Past Earnings Performance
Past criteria checks 0/6
HeartCore Enterprises's earnings have been declining at an average annual rate of -40.9%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 31.3% per year.
Key information
-40.9%
Earnings growth rate
-34.5%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 31.3% |
| Return on equity | -63.6% |
| Net Margin | -19.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
HeartCore Enterprises, Inc.'s (NASDAQ:HTCR) Shares Leap 29% Yet They're Still Not Telling The Full Story
Feb 27
Slammed 41% HeartCore Enterprises, Inc. (NASDAQ:HTCR) Screens Well Here But There Might Be A Catch
Nov 17HeartCore Enterprises signs deal with GMO MAKESHOP
Sep 28HeartCore to acquire majority stake in IT solutions firm Sigmaways
Sep 08HeartCore Enterprises Diversifies Amid Revenue Contraction And Worsening Operating Losses
Sep 02Revenue & Expenses BreakdownBeta
How HeartCore Enterprises makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 22 | -4 | 11 | 1 |
| 30 Sep 23 | 21 | -3 | 11 | 0 |
| 30 Jun 23 | 18 | -2 | 10 | 0 |
| 31 Mar 23 | 15 | -3 | 10 | 1 |
| 31 Dec 22 | 9 | -7 | 9 | 1 |
| 30 Sep 22 | 9 | -6 | 9 | 1 |
| 30 Jun 22 | 11 | -4 | 8 | 1 |
| 31 Mar 22 | 11 | -2 | 6 | 1 |
| 31 Dec 21 | 11 | 0 | 5 | 1 |
| 30 Sep 21 | 11 | 0 | 4 | 0 |
| 31 Dec 20 | 9 | 0 | 3 | 0 |
| 31 Dec 19 | 7 | -1 | 4 | 0 |
Quality Earnings: HTCR is currently unprofitable.
Growing Profit Margin: HTCR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HTCR is unprofitable, and losses have increased over the past 5 years at a rate of 40.9% per year.
Accelerating Growth: Unable to compare HTCR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HTCR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.2%).
Return on Equity
High ROE: HTCR has a negative Return on Equity (-63.61%), as it is currently unprofitable.