Core Insights - HeartCore Enterprises, Inc. has signed a Consulting Agreement with Cipher Core Co., Ltd. for its Go IPO consulting services, marking its 16th such contract [1][3] - Cipher Core will compensate HeartCore with $500,000 in fees and a warrant for 3% of its capital stock, with additional hourly compensation if the agreement extends beyond 12 months [2] Company Overview - HeartCore is a leading enterprise software and IPO consulting services company based in Tokyo, with additional offices in New York and San Francisco [5] - The company offers Software as a Service (SaaS) solutions and data analytics services to enhance customer experiences for enterprise clients [5][6] Go IPO Consulting Service - HeartCore's Go IPO consulting service assists Japanese companies in going public in the U.S., including support in hiring underwriters, auditors, and legal firms, as well as preparing necessary documentation [3][7] - The service also includes converting accounting data from Japanese standards to U.S. GAAP and preparing S-1 or F-1 filings [3] Cipher Core Overview - Cipher Core is an information security technology company focused on AI and quantum computing, known for its advanced encryption technology [4] - The company addresses next-generation information threats and meets stringent security requirements for government agencies and critical infrastructure [4]

NEW YORK and TOKYO, July 01, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) ("HeartCore" or the "Company"), a leading enterprise software and data consulting services company based in Tokyo, announced it has entered into a Securities Purchase Agreement and Equity Purchase Agreement with Crom Structured Opportunities Fund I, LP ("Crom"). About HeartCore Enterprises, Inc. Headquartered in Tokyo, Japan, with offices in New York and San Francisco, CA, HeartCore is a leading enterprise softw ...

Core Insights - HeartCore Enterprises, Inc. has signed a Consulting Agreement with tmsuk Co. Ltd. for its 15th Go IPO consulting service win [1][2] - tmsuk will compensate HeartCore with $500,000 in fees and a warrant to acquire 3% of tmsuk's capital stock, subject to shareholder approval [2] - HeartCore's CEO expressed optimism about the demand for Go IPO services from Japanese growth companies despite market uncertainties [3] Company Overview - HeartCore is a leading enterprise software and data consulting services company headquartered in Tokyo, with additional offices in New York and San Francisco [4] - The company offers Software as a Service (SaaS) solutions and data analytics services to enhance customer experiences for enterprise clients [5] - HeartCore's Go IPOSM consulting services assist Japanese companies in going public in the U.S. [6]

Core Insights - HeartCore Enterprises, Inc. reported a decrease in revenues for Q1 2025, totaling $3.6 million, down from $5.0 million in the same period last year, primarily due to declines in on-premise software revenue and consulting services [4][6] - The company experienced a net loss of $3.1 million in Q1 2025, compared to a net loss of $1.5 million in Q1 2024, attributed to decreased revenue and gross profit [6][21] - HeartCore's cash and cash equivalents decreased to $0.7 million as of March 31, 2025, from $2.1 million at the end of 2024 [6][23] Financial Performance - Gross profit for Q1 2025 was $1.1 million, down from $2.0 million in Q1 2024, mainly due to reduced gross profit from on-premises software and Go IPO consulting services [5][20] - Operating expenses decreased by 14% to $2.3 million compared to $2.7 million in the same period last year, primarily due to lower general and administrative expenses [5][20] - Adjusted EBITDA for Q1 2025 was a loss of $1.3 million, worsening from a loss of $0.3 million in Q1 2024 [6][13] Strategic Developments - The company launched a dedicated business development team to enhance customer success initiatives for its CMS customers [3][8] - HeartCore plans to expand its Go IPO consulting business into South Korea, with a seminar scheduled for September 2025 [3][8] - The company is preparing for upcoming IPOs of several clients, which are expected to provide additional equity following their listings [3][8] Operational Highlights - HeartCore's subsidiary Sigmaways has made progress in reducing costs and narrowing its losses compared to the previous year [3] - The company continues to monitor and manage costs prudently across its operations [3] - HeartCore's customer experience management platform includes various tools aimed at enhancing customer engagement [7]

Core Insights - HeartCore Enterprises, Inc. is a leading enterprise software and data consulting services company based in Tokyo, scheduled to present at the Sidoti Micro-Cap Conference on May 21-22, 2025 [1][2] Company Overview - HeartCore offers Software as a Service (SaaS) solutions to enterprise customers both in Japan and globally [3] - The company provides data analytics services that enable businesses to create customized web experiences through superior design [3] - HeartCore's customer experience management platform includes marketing, sales, service, and content management systems, enhancing customer engagement [3] - The company also focuses on digital transformation, offering services such as robotics process automation, process mining, and task mining [3] - HeartCore's GO IPOSM consulting services assist Japanese companies in going public in the U.S. [3]

NEW YORK and TOKYO, April 09, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (NASDAQ:HTCR) ("HeartCore" or "the Company"), a leading enterprise software and data consulting services company based in Tokyo, will be presenting and holding one-on-one meetings at the Centri Capital Conference on April 22, 2025, at the Nasdaq headquarters in New York City. Company CEO Sumitaka Kanno is scheduled to present on Tuesday, April 22, 2025, at 9:30 a.m. Eastern time, with in-person one-on-one meetings to be held ...

NEW YORK and TOKYO, March 31, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) ("HeartCore" or the "Company"), a leading enterprise software and consulting services company based in Tokyo, reported financial results for the year ended December 31, 2024. Recent Operational & Financial Highlights Management Commentary HeartCore CEO Sumitaka Kanno commented: "Over the past year, we made several strategic advancements in our software business model, all aimed at driving sustainable and predic ...