HeartCore Announces Preliminary Fiscal Year 2025 Financial Results

Core Insights - HeartCore Enterprises, Inc. expects FY 2025 revenue to range between $8.5 million and $9.5 million, with net income projected between $3.0 million and $4.0 million [1][8] Financial Performance - The year-over-year decline in consolidated revenue is primarily due to the strategic divestiture of HeartCore Japan, which resulted in the exclusion of approximately $7.0 million to $8.0 million from the Company's consolidated revenue for 2025 [2] - Despite the revenue decline, the Company recorded an approximately $7.0 million gain from the sale of HeartCore Japan, leading to an expected net income of $3.0 million to $4.0 million for FY 2025, a significant improvement compared to a net loss of $5.2 million in the previous year [3] Revenue Breakdown - Expected FY 2025 revenue by business type includes $7.0 million to $7.5 million from Software Related Business and $1.5 million to $2.0 million from Go IPO Business, totaling $8.5 million to $9.5 million [4] - As of December 31, 2025, HeartCore has engaged a total of 16 Go IPO clients, with five companies currently under active engagement for listing preparation [4] Strategic Direction - The divestiture of HeartCore Japan, generating approximately JPY 1.8 billion in proceeds, marks a significant milestone in the Company's capital strategy and a transition into a new growth phase [5] - The Company plans to reallocate capital into growth initiatives and realign its business focus within the financial services sector, emphasizing the importance of authentic human connections in its Go IPO business [5]