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HeartCore Announces Preliminary Fiscal Year 2025 Financial Results

  • HeartCore Enterprises, Inc. expects FY 2025 revenue to range between $8.5 million & $9.5 million.
  • The company forecasts FY 2025 net income to range between $3.0 million & $4.0 million, reversing a $5.2 million net loss from the prior year.
  • Revenue decline stems from the October 31, 2025, divestiture of HeartCore Japan, which excluded $7.0 million to $8.0 million in prior revenue.
  • A $7.0 million gain on the sale of HeartCore Japan contributed significantly to the improved profitability.
  • FY 2025 software-related business revenue is projected at $7.0 million to $7.5 million, while Go IPO business revenue is expected at $1.5 million to $2.0 million.
  • As of December 31, 2025, the company has engaged a cumulative total of 16 Go IPO clients, with five currently under active engagement.
  • CEO Sumitaka Kanno stated the divestiture generated approximately JPY 1.8 billion in proceeds for capital reallocation into growth initiatives within the financial services sector.
  • The company plans to expand service offerings & generate new revenue streams beyond Go IPO in the coming weeks.
  • Preliminary financial results are unaudited & subject to final audit determinations.