Core Insights - HeartCore Enterprises, Inc. has successfully assisted its client rYojbaba Co., Ltd. in listing on the Nasdaq Capital Market under the symbol "RYOJ" [1][3] - The company received $500,000 in initial fees and warrants to acquire 3% of rYojbaba's common stock, valued at approximately $1.35 million as of August 14, 2025 [1] - HeartCore's Go IPO consulting service is aimed at helping Japanese companies go public in the U.S., and the company has signed two new Go IPO clients this year [3][6] Company Operations - HeartCore is headquartered in Tokyo, Japan, with additional offices in New York and San Francisco, providing enterprise software and IPO consulting services [4] - The company offers Software as a Service (SaaS) solutions and data analytics services to enhance customer experience for enterprise clients [4][5] - HeartCore's customer experience management platform includes various systems for marketing, sales, service, and content management [5] Future Outlook - The successful listing of rYojbaba is seen as a positive indicator for broader IPO activity, particularly in the micro- and small-cap sectors [3] - HeartCore anticipates that the warrants received from rYojbaba will contribute significantly to its third quarter revenue [3] - The company is focused on expanding its client base and supporting other Go IPO clients in their journey towards U.S. listings [3]

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]

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]

Company Overview - HeartCore Enterprises, Inc. is a leading enterprise software and data consulting services company based in Tokyo, Japan [3] - The company offers Software as a Service (SaaS) solutions and data analytics services to enterprise customers both in Japan and globally [3] - HeartCore's customer experience management platform includes marketing, sales, service, and content management systems, enhancing customer engagement [3] - The company also provides digital transformation services, including robotics process automation and task mining [3] - HeartCore's GO IPOSM consulting services assist Japanese companies in going public in the U.S. [3] Upcoming Events - HeartCore will present and hold one-on-one meetings at the Centri Capital Conference on April 22, 2025, at the Nasdaq headquarters in New York City [1] - CEO Sumitaka Kanno is scheduled to present at 9:30 a.m. Eastern time on the same day [2] - Interested parties can schedule one-on-one meetings by contacting the company via email [2]

Core Insights - HeartCore Enterprises, Inc. reported a 39% increase in revenue for 2024, reaching $30.4 million compared to $21.8 million in 2023, driven by successful Go IPO consulting services [6][7] - The company experienced a net loss of $5.2 million for the year, but adjusted EBITDA improved to $7.3 million, indicating a positive operational performance excluding one-time impairment losses [10][12] - Strategic acquisitions and global expansion are key focuses for HeartCore, with plans to enhance its software offerings and enter new markets, particularly in the APAC region [3][5] Financial Performance - Revenue increased by 39% to $30.4 million in 2024 from $21.8 million in 2023 [6][7] - Gross profit rose 121% to $17.8 million, up from $8.1 million in the previous year [8] - Operating expenses increased by 46% to $17.8 million, primarily due to a $7.2 million impairment related to the subsidiary Sigmaways [9] - The net loss for 2024 was $5.2 million, an improvement from a loss of $4.9 million in 2023 [10][15] - Adjusted EBITDA for the year totaled $7.3 million, compared to a negative $3.6 million in the previous year [10][12] Strategic Initiatives - The company aims to deepen customer relationships through strategic acquisitions and enhance its software solutions with synergistic technologies [3][4] - HeartCore plans to expand its Go IPO consulting business into South Korea, marking the first step in a broader APAC expansion strategy [5][6] - A new business development team has been established to strengthen customer success across HeartCore's CMS business [6] Market Position - HeartCore has maintained the top market share in Japan for nine consecutive years, indicating strong competitive positioning [6] - The company has regained compliance with Nasdaq's continued listing requirements, reflecting improved financial health [6] Cash Position - As of December 31, 2024, HeartCore had cash and cash equivalents of $2.1 million, an increase from $1.0 million at the end of 2023 [10][19]