HeartCore Enterprises Inc
HTCRTechnology·Software - Application·Japan·Nano·NASD·Nov 11 • 3:31 PM ET
Price
HTCR against its 20, 50 and 200-day averages89.9% under the 52-week high of 14.40 on 11 Nov 2025. 52-week low 1.15 on 5 Nov 2026. Last 15 sessions, 63.5% high to low
Volume 0.08× normal · the line is the 50-bar volume average
Profile
HTCRHeartCore Enterprises, Inc. operates as a software development company. It operates through the following business units: the customer experience management platform and the digital transformation. The customer experience management platform includes marketing, sales, service, and a content management system. The digital transformation business provides customers with robotic process automation, process mining, and task mining. The company was founded on May 18, 2021 and is headquartered in Tokyo, Japan.
| Employees | 44 |
|---|---|
| IPO | Feb 10, 2022 |
| Beta | 1.72 |
| ATR, 14d | 0.15 |
| Rel volume | 0.08 |
| Short float | 2.16% |
| Insider own | 59.47% |
| Inst own | 0.02% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 2.19M |
| Enterprise Value | 0.01M |
| Income | 4.17M |
| Sales | 6.47M |
| Book/sh | 3.11 |
| Cash/sh | 2.15 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | Nov 10, 2025 |
| Dividend Gr. 3/5Y | - - |
| Payout | 0.00% |
| Employees | 44 |
| IPO | Feb 10, 2022 |
Ratios
| P/E | 0.42 |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.34 |
| P/B | 0.47 |
| P/C | 0.67 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 0.00 |
| Quick Ratio | 1.10 |
| Current Ratio | 1.10 |
| Debt/Eq | 0.10 |
| LT Debt/Eq | 0.03 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | 3.41 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | - 95.75% |
| Sales past 3/5Y | 0.57% -0.13% |
| EPS Y/Y TTM | 4895.39% |
| Sales Y/Y TTM | -78.15% |
| EPS Q/Q | -241.40% |
| Sales Q/Q | -93.22% |
| Earnings | Aug 13 BMO |
| EPS/Sales Surpr. | - - |
Ownership
| Insider Own | 59.47% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 0.02% |
| Inst Trans | -13.06% |
| ROA | -41.39% |
| ROE | -95.19% |
| ROIC | 85.60% |
| Gross Margin | 31.28% |
| Oper. Margin | -56.19% |
| Profit Margin | 64.39% |
| SMA20 | -2.57% |
| SMA50 | -18.26% |
| SMA200 | -53.80% |
| Trades | - |
Technical
| Shs Outstand | 1.44M |
|---|---|
| Shs Float | 0.61M |
| Short Float | 2.16% |
| Short Ratio | 0.50 |
| Short Interest | 0.01M |
| 52W High | 14.40 -89.93% |
| 52W Low | 1.15 26.09% |
| Volatility | 18.73% 9.44% |
| ATR (14) | 0.15 |
| RSI (14) | 43.18 |
| Beta | 1.72 |
| Rel Volume | 0.08 |
| Avg Volume | 26.56K |
| Volume | 1,946 |
Performance
| Perf Week | 11.54% |
|---|---|
| Perf Month | -13.18% |
| Perf Quarter | -41.06% |
| Perf Half Y | -49.83% |
| Perf YTD | -76.25% |
| Perf Year | -89.64% |
| Perf 3Y | -79.73% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | - |
| Target Price | 55.00 |
| Prev Close | 1.49 |
| Price | 1.45 |
| Change % | -2.46% |
Peers
Mkt capNews
latest 14 of 200- HeartCore Reports Second Quarter 2026 Financial Results (GlobeNewswire) -8.55%
- HeartCore Announces Strategic Transfer of 51% Equity Interest in HeartCore Luvina Vietnam to Luvina Software (GlobeNewswire) +6.61%
- HeartCore Completes Strategic Divestiture of Sigmaways (GlobeNewswire) -6.21%
- HeartCore Reports First Quarter 2026 Financial Results (GlobeNewswire)
- HeartCore Regains Compliance with Nasdaq Minimum Bid Price Requirement (GlobeNewswire) +9.68%
- HeartCore Announces 1-for-20 Reverse Stock Split (GlobeNewswire) -26.13%
- HeartCore Reports Full Year 2025 Results (GlobeNewswire)
- HeartCore Authorizes $2.0 Million Share Repurchase Program as Part of Disciplined Capital Allocation Strategy (GlobeNewswire) +14.03%
- HeartCore Announces Preliminary Fiscal Year 2025 Financial Results (GlobeNewswire)
- HeartCore Enterprises, Inc. (HTCR) Reports Q3 Loss, Beats Revenue Estimates (Zacks) -18.73%
- HeartCore Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2025 (GlobeNewswire)
- Perion Network (PERI) Tops Q3 Earnings and Revenue Estimates (Zacks)
- HeartCore Granted 180-Day Extension to Regain Compliance with Nasdaq's Minimum Bid Price Requirement (GlobeNewswire)
- HeartCore Divests Software Business Subsidiary, HeartCore Co., Ltd (GlobeNewswire) +7.23%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-13 | -1.450 | - | -1.450 | 0.32 | - | - |
| 2026Q1 | 2026-05-15 | -1.490 | - | -1.494 | 1.25 | - | - |
| 2025Q3 | 2025-11-18 | 0.800 | 0.800 | 0.324 | 3.00 | 6.90 | 1 |
| 2025Q2 | 2025-08-13 | 1.000 | -0.900 | 0.812 | 4.70 | 5.27 | 2 |
| 2025Q1 | 2025-05-15 | -2.800 | -0.700 | -2.799 | 3.59 | 4.61 | 2 |
| 2024Q4 | 2025-03-31 | -9.000 | 1.200 | -8.867 | 3.41 | 6.42 | 2 |
| 2024Q3 | 2024-11-14 | 10.600 | 7.066 | 10.600 | 17.85 | 17.19 | 3 |
| 2024Q2 | 2024-08-14 | -1.800 | -0.100 | -1.870 | 4.10 | 6.05 | 2 |
| 2024Q1 | 2024-05-14 | -1.200 | 4.200 | -1.279 | 5.05 | 9.50 | 2 |
| 2023Q4 | 2024-04-08 | -0.200 | -0.200 | -2.738 | 4.80 | 4.80 | 1 |
| 2023Q3 | 2023-11-13 | -2.200 | 1.900 | -2.214 | 4.69 | 9.65 | 2 |
| 2023Q2 | 2023-08-14 | -0.800 | 1.400 | -0.875 | 5.10 | 5.50 | 2 |
| 2023Q1 | 2023-05-22 | 2.000 | -0.600 | 1.974 | 8.73 | 2.95 | 2 |
| 2022Q4 | 2023-03-30 | -2.200 | -1.400 | -1.614 | 2.00 | 2.75 | 2 |
| 2022Q3 | 2022-11-14 | -2.200 | -0.800 | -2.233 | 1.87 | 3.50 | 1 |
| 2022Q2 | 2022-08-15 | -1.800 | 0.000 | -1.848 | 2.67 | 3.50 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2021FY | -0.400 | - | -0.349 | 10.81 | - |
| 2022FY | -7.400 | -7.200 | -7.567 | 8.82 | 9.59 |
| 2023FY | -4.200 | -4.200 | -4.107 | 21.85 | 21.85 |
| 2024FY | -1.400 | 8.700 | -1.415 | 30.41 | 33.40 |
| 2025FY | 4.400 | - | 4.400 | 8.97 | - |
| 2026FY | - | 1.800 | - | - | 26.60 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2025-12-09 | 1 | 0 | 0 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-18 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-11 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-10 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-09 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-08 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-07 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-06 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-05 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-04 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-03 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-02 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-11-01 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
| 2026Q3 | S | 2025-10-31 | 1 | 0 | 1 | 7.20 | 7.20 | 7.20 |
Estimate history
| EPS, annual | -1.264 | 0.156 | -0.349 | -7.567 | -4.107 | -1.415 | 4.477 | 3.4139 | |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| EPS, quarterly | -1.87 | 10.6 | -8.867 | -2.799 | 0.812 | 0.324 | 5.731 | -1.494 | -1.148 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 7.209 | 9.026 | 10.823 | 8.818 | 21.846 | 22.686 | 8.969 | 6.47 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| Sales, quarterly | 4.066 | 17.85 | 3.444 | 3.587 | 4.744 | 2.99 | 1.916 | 1.246 | 0.321 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 0.946 | 0.946 | 0.946 | 0.882 | 1.042 | 1.097 | 1.271 | 1.442 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |
| Shares, quarterly | 1.043 | 1.043 | 1.097 | 1.104 | 1.166 | 1.166 | 1.271 | 1.289 | 1.442 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6.47 | 8.97 | 22.69 | 21.85 | 8.82 | 10.82 | 9.03 | 7.21 |
| Cost of Goods Sold Incl. D&A | 4.45 | 5.82 | 7.97 | 14.45 | 5.54 | 5.74 | 5.01 | 4.55 |
| Gross Profit | 2.02 | 3.15 | 14.72 | 7.40 | 3.27 | 5.09 | 4.02 | 2.66 |
| Selling, General and Administrative Excl. Other | 5.66 | 6.27 | 7.72 | 11.52 | 9.97 | 4.16 | 3.76 | 3.93 |
| Research and Development | - | 0.00 | 0.18 | 1.02 | 0.64 | 0.51 | 0.31 | 0.33 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -3.64 | -3.12 | 6.99 | -4.12 | -6.70 | 0.93 | 0.26 | -1.27 |
| Interest Expense | 0.06 | 0.09 | 0.12 | 0.16 | 0.04 | 0.04 | 0.05 | 0.05 |
| Unusual Expense | 0.78 | 0.85 | 8.31 | 1.12 | 0.00 | 0.87 | 0.00 | 0.00 |
| Net Income Before Taxes | -4.90 | -4.14 | -5.51 | -5.01 | -6.68 | 0.01 | 0.23 | -1.32 |
| Income Taxes | 0.03 | 0.04 | -0.36 | -0.13 | -0.01 | 0.34 | 0.07 | -0.06 |
| Consolidated Net Income | -4.93 | -4.18 | -5.15 | -4.88 | -6.68 | -0.33 | 0.16 | -1.26 |
| Net Income From Continuing Operations | -4.63 | -3.88 | -1.42 | -4.19 | -6.68 | -0.34 | 0.15 | -1.22 |
| Net Income | 4.17 | 5.70 | -1.48 | -4.19 | -6.68 | -0.34 | 0.15 | -1.22 |
| EPS (Recurring) | 3.33 | 4.93 | 4.14 | -3.34 | -7.57 | 0.28 | 0.16 | -1.26 |
| EPS (Basic, Before Extraordinaries) | 3.43 | 4.94 | -1.41 | -4.11 | -7.57 | -0.35 | 0.16 | -1.26 |
| EPS (Diluted) | 3.41 | 4.48 | -1.41 | -4.11 | -7.57 | -0.35 | 0.16 | -1.26 |
| EBITDA | -3.60 | -3.07 | 7.67 | -3.44 | -6.61 | 1.04 | 0.38 | -1.13 |
| Non-Operating Income (Expense) | -0.42 | -0.08 | -4.08 | 0.39 | 0.05 | -0.00 | 0.02 | -0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.07 | 0.12 | 0.29 | 0.58 | 0.43 | 0.01 | - | - |
| Price To Earnings Ratio | 0.44 | 0.44 | - | - | - | - | - | - |
| Price To Sales Ratio | 0.67 | 0.87 | 1.68 | 0.60 | 1.82 | - | - | - |
| Gross Margin | 31.28 | 35.14 | 64.87 | 33.88 | 37.13 | 46.99 | 44.52 | 36.92 |
| Operating Margin | -56.19 | -34.80 | 30.83 | -18.86 | -75.93 | 8.56 | 2.87 | -17.57 |
| Net Margin | 64.39 | 63.55 | -6.53 | -19.18 | -75.72 | -3.12 | 1.67 | -16.97 |
| Shares Outstanding | 1.44 | 1.27 | 1.10 | 1.04 | 0.88 | 0.95 | 0.95 | 0.95 |
| Market Capitalization | 2.25 | 2.25 | 33.89 | 11.32 | 13.67 | 13.67 | - | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.32 | 1.25 | 1.92 | 2.99 | 4.74 | 3.59 | 3.44 | 17.85 |
| Cost of Goods Sold Incl. D&A | 0.39 | 1.17 | 1.36 | 1.52 | 2.53 | 2.49 | 2.87 | 3.43 |
| Gross Profit | -0.07 | 0.07 | 0.55 | 1.47 | 2.22 | 1.10 | 0.57 | 14.42 |
| Selling, General and Administrative Excl. Other | 0.75 | 1.61 | 1.81 | 1.48 | 2.11 | 2.34 | 3.26 | 2.32 |
| Research and Development | - | - | 0.00 | 0.00 | 0.16 | 0.12 | 0.42 | 0.11 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -0.82 | -1.54 | -1.26 | -0.01 | 0.11 | -1.24 | -2.69 | 12.10 |
| Interest Expense | 0.00 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.03 |
| Unusual Expense | 0.48 | 0.30 | -0.14 | 0.14 | -0.98 | 1.83 | 9.63 | -2.99 |
| Net Income Before Taxes | -1.53 | -1.96 | -1.28 | -0.13 | 1.06 | -3.08 | -12.55 | 11.04 |
| Income Taxes | 0.02 | 0.02 | -0.01 | 0.00 | -0.00 | 0.06 | -0.21 | 0.23 |
| Consolidated Net Income | -1.55 | -1.98 | -1.27 | -0.14 | 1.06 | -3.14 | -12.34 | 10.82 |
| Net Income From Continuing Operations | -1.57 | -1.87 | -1.14 | -0.05 | 1.10 | -3.09 | -9.25 | 11.06 |
| Net Income | -1.62 | -1.90 | 7.31 | 0.38 | 1.10 | -3.09 | -9.25 | 11.06 |
| EPS (Recurring) | -0.91 | -1.33 | 5.66 | 0.41 | 0.31 | -1.64 | -2.41 | 8.59 |
| EPS (Basic, Before Extraordinaries) | -1.15 | -1.49 | 5.75 | 0.32 | 1.00 | -2.80 | -8.87 | 10.60 |
| EPS (Diluted) | -1.15 | -1.49 | 5.73 | 0.32 | 0.81 | -2.80 | -8.87 | 10.60 |
| EBITDA | -0.82 | -1.53 | -1.25 | -0.00 | 0.12 | -1.22 | -2.50 | 12.29 |
| Non-Operating Income (Expense) | -0.22 | -0.10 | -0.14 | 0.03 | 0.01 | 0.03 | -0.19 | -4.02 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.00 | 0.00 | 0.06 | 0.01 | 0.02 | 0.03 | 0.10 | 0.06 |
| Price To Earnings Ratio | 0.44 | 0.83 | 1.50 | - | - | - | - | 3.07 |
| Price To Sales Ratio | 0.67 | 0.52 | 0.59 | 1.28 | 0.45 | 0.57 | 1.25 | 0.59 |
| Gross Margin | -21.84 | 5.94 | 28.83 | 49.11 | 46.74 | 30.67 | 16.62 | 80.77 |
| Operating Margin | -256.36 | -123.65 | -65.86 | -0.37 | 2.27 | -34.68 | -78.13 | 67.79 |
| Net Margin | -503.67 | -152.48 | 381.50 | 12.64 | 23.17 | -86.06 | -268.74 | 61.95 |
| Shares Outstanding | 1.44 | 1.29 | 1.27 | 1.17 | 1.17 | 1.10 | 1.10 | 1.04 |
| Market Capitalization | 2.25 | 5.78 | 7.76 | 16.06 | 9.72 | 14.09 | 33.89 | 15.10 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 5.68 | 6.47 | 1.95 | 7.18 | 3.14 | 3.06 | 0.54 |
| Short Term Receivables | 2.10 | 1.13 | 2.77 | 0.60 | 1.02 | 0.74 | 0.93 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.39 | 1.82 | 0.77 | 0.76 | 0.46 | 0.47 | 0.47 |
| Total Current Assets | 8.17 | 9.42 | 5.49 | 8.54 | 4.62 | 4.28 | 1.93 |
| Net Property, Plant & Equipment | 0.32 | 0.65 | 3.23 | 2.85 | 3.58 | 4.67 | 4.87 |
| Total Investments and Advances | 0.28 | 0.58 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Note Receivable | 3.74 | 3.27 | 0.38 | 0.25 | 0.34 | 0.40 | 0.10 |
| Intangible Assets | - | 0.00 | 7.79 | - | - | - | - |
| Deferred Tax Assets | 0.02 | 0.03 | 0.37 | 0.26 | 0.30 | 0.68 | 0.72 |
| Other Assets | 0.53 | 0.12 | 0.35 | 0.25 | 0.29 | 0.33 | 0.32 |
| Total Assets | 13.06 | 14.07 | 19.62 | 12.14 | 9.12 | 10.36 | 7.94 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.31 | 0.46 | 0.92 | 1.01 | 1.22 | 1.38 | 1.05 |
| Accounts Payable | 1.27 | 1.68 | 1.76 | 0.50 | 0.65 | 0.27 | 0.31 |
| Income Tax Payable | 1.86 | 0.82 | 0.16 | 0.00 | 0.01 | 0.01 | 0.00 |
| Other Current Liabilities | 1.89 | 4.46 | 3.67 | 2.14 | 2.68 | 2.46 | 2.23 |
| Total Current Liabilities | 5.33 | 7.42 | 6.51 | 3.65 | 4.55 | 4.12 | 3.59 |
| Long Term Debt | 0.45 | 0.58 | 3.97 | 3.55 | 4.97 | 7.11 | 6.25 |
| Provision for Risks Charges | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | 1.26 | - | - | - | - |
| Other Liabilities | 0.00 | 2.42 | 0.21 | 0.14 | 0.16 | 0.19 | 0.19 |
| Total Liabilities | 5.78 | 10.50 | 11.96 | 7.33 | 9.68 | 11.42 | 10.03 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.69 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 8.09 | 4.76 | 5.17 | 4.81 | -0.56 | -1.41 | -2.43 |
| Total Shareholders Equity | 8.78 | 4.76 | 5.17 | 4.81 | -0.56 | -1.41 | -2.43 |
| Accumulated Minority Interest | -1.50 | -1.19 | 2.50 | 0.00 | 0.00 | 0.35 | 0.35 |
| Total Equity | 7.28 | 3.57 | 7.67 | 4.81 | -0.56 | -1.06 | -2.08 |
| Total Liabilities & Stockholders Equity | 13.06 | 14.07 | 19.62 | 12.14 | 9.12 | 10.36 | 7.94 |
| Book Value Per Share | 6.36 | 4.34 | 4.96 | 5.45 | -0.59 | -1.50 | -2.57 |
| Tangible Book Value Per Share | 6.36 | 4.34 | -2.52 | 5.45 | -0.59 | -1.50 | -2.57 |
| Full-Time Employees | 44 | 12 | 16 | 14 | 45 | - | - |
| Price to Book Ratio | 0.48 | 7.12 | 1.45 | 2.28 | 2.28 | - | - |
| Return on Assets | -28.63 | -8.41 | -26.38 | -62.81 | -3.47 | 1.65 | - |
| Return on Equity | -57.37 | -28.56 | -84.03 | -314.33 | - | - | - |
| Return on Invested Capital | 62.78 | -27.73 | -45.85 | -79.94 | -7.66 | 2.65 | -32.06 |
| Quick Ratio | 1.53 | 1.27 | 0.84 | 2.34 | 1.01 | 1.04 | 0.54 |
| Current Ratio | 1.53 | 1.27 | 0.84 | 2.34 | 1.01 | 1.04 | 0.54 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Net Income | -5.19 | -4.18 | -5.15 | -4.88 | -6.68 | -0.33 | 0.16 | -1.26 |
| Depreciation | 0.02 | 0.05 | 0.68 | 0.68 | 0.08 | 0.11 | 0.11 | 0.12 |
| Other Funds (Non Cash) | -1.11 | -0.86 | -1.57 | -0.87 | 1.80 | 0.36 | 0.35 | 0.34 |
| Funds from Operations | -6.30 | -4.99 | -7.34 | -5.36 | -4.80 | 0.47 | 0.69 | -0.86 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 2.72 | 1.02 | 2.57 | 1.02 | -0.01 | 0.30 | 0.06 | 0.18 |
| Income Taxes Payable | 1.13 | 1.04 | 0.67 | 0.16 | -0.01 | 0.00 | 0.01 | -0.00 |
| Cash from Operating Activities | -3.59 | -3.97 | -4.77 | -4.33 | -4.81 | 0.77 | 0.75 | -0.69 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | -0.53 | -0.06 | -0.04 | -0.03 | -0.03 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | -0.72 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.28 | 1.07 | 6.31 | -0.60 | 0.00 | -0.14 | -0.37 | -0.43 |
| Purchase of Investments | - | 0.00 | -0.08 | -0.60 | 0.00 | -0.14 | -0.37 | -0.43 |
| Sale Or Maturity of Investments | 0.28 | 1.07 | 6.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 5.37 | 4.69 | 0.03 | 0.05 | 0.04 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 5.65 | 5.76 | 6.42 | -1.78 | -0.01 | -0.18 | -0.40 | -0.46 |
| Cash Dividends Paid | -3.21 | -3.30 | -0.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | -0.11 | 1.95 | 1.42 | 0.00 | 10.32 | 0.68 | 0.92 | 0.45 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | -3.50 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | -0.11 | 1.95 | 1.42 | 0.00 | 13.82 | 0.68 | 0.92 | 0.45 |
| Proceedsfrom Stock Options | -0.10 | 1.83 | 1.42 | 0.00 | 13.82 | 0.68 | 0.92 | 0.45 |
| Issuance or Reduction of Debt, Net | -0.36 | -0.24 | -0.52 | -0.04 | -0.59 | -0.94 | 1.14 | 0.43 |
| Change in Long Term Debt | -0.06 | -0.01 | -0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -0.06 | -0.01 | -0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | -0.37 | -0.25 | -0.45 | 0.17 | -0.82 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | -0.36 | -0.35 | -0.45 | -0.39 | -0.82 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -3.69 | -1.84 | -0.39 | 0.14 | 8.92 | -0.26 | 2.06 | 0.88 |
| Exchange Rate Effect | -0.14 | -0.08 | -0.15 | -0.19 | -0.05 | -0.25 | 0.12 | 0.01 |
| Net Change in Cash | -1.75 | -0.14 | 1.11 | -6.16 | 4.04 | 0.08 | 2.52 | -0.26 |
| Free Cash Flow | - | -3.97 | -4.77 | -4.86 | -4.87 | 0.73 | 0.72 | -0.72 |
| Preferred Dividends (Cash Flow) | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.01 | -1.30 | -0.29 | -0.00 | 0.33 | 0.07 | -0.06 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 3.26 | 4.17 | 5.68 | 4.35 | 4.84 | 2.99 |
| Short Term Receivables | 0.53 | 2.06 | 2.10 | 1.31 | 3.14 | 2.26 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.23 | 0.40 | 0.39 | 6.70 | 0.69 | 0.82 |
| Total Current Assets | 4.01 | 6.62 | 8.17 | 12.36 | 8.68 | 6.06 |
| Net Property, Plant & Equipment | 0.67 | 0.79 | 0.32 | 0.35 | 2.30 | 2.27 |
| Total Investments and Advances | 0.12 | 0.27 | 0.28 | 0.35 | 0.65 | 0.53 |
| Deferred Tax Assets | 0.02 | 0.02 | 0.02 | 0.00 | 0.14 | 0.12 |
| Other Assets | 0.52 | 0.53 | 0.53 | 0.27 | 0.49 | 0.33 |
| Total Assets | 8.87 | 11.77 | 13.06 | 13.34 | 13.53 | 10.22 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.35 | 0.65 | 0.31 | 0.44 | 1.08 | 1.13 |
| Accounts Payable | 0.32 | 1.33 | 1.27 | 1.36 | 1.78 | 1.86 |
| Income Tax Payable | 1.74 | 1.85 | 1.86 | 0.72 | 0.72 | 0.74 |
| Other Current Liabilities | 1.25 | 2.04 | 1.89 | 6.49 | 3.51 | 2.96 |
| Total Current Liabilities | 3.66 | 5.86 | 5.33 | 9.01 | 7.09 | 6.70 |
| Long Term Debt | 0.14 | 0.65 | 0.45 | 0.51 | 2.75 | 2.81 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.12 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.80 | 6.51 | 5.78 | 9.51 | 9.97 | 9.62 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.42 | 0.69 | 0.69 | 1.36 | 1.36 | 0.00 |
| Common Equity | 4.48 | 6.18 | 8.09 | 3.83 | 3.48 | 1.84 |
| Total Shareholders Equity | 4.90 | 6.87 | 8.78 | 5.19 | 4.84 | 1.84 |
| Accumulated Minority Interest | 0.17 | -1.61 | -1.50 | -1.37 | -1.28 | -1.24 |
| Total Equity | 5.07 | 5.26 | 7.28 | 3.82 | 3.56 | 0.60 |
| Total Liabilities & Stockholders Equity | 8.87 | 11.77 | 13.06 | 13.34 | 13.53 | 10.22 |
| Book Value Per Share | 3.11 | 4.80 | 6.36 | 3.29 | 2.99 | 1.67 |
| Tangible Book Value Per Share | 3.11 | 4.80 | 6.36 | 3.29 | 2.99 | 1.67 |
| Full-Time Employees | - | - | 44 | - | - | - |
| Price to Book Ratio | 0.48 | 0.94 | 0.96 | 4.19 | 2.79 | 7.66 |
| Return on Assets | -41.39 | -17.89 | -23.47 | -58.21 | -0.98 | -19.88 |
| Return on Equity | -95.19 | -45.16 | -47.03 | -128.42 | -5.71 | -111.94 |
| Return on Invested Capital | -31.77 | -24.89 | 79.61 | 7.62 | 14.49 | -66.38 |
| Quick Ratio | 1.10 | 1.13 | 1.53 | 1.37 | 1.22 | 0.91 |
| Current Ratio | 1.10 | 1.13 | 1.53 | 1.37 | 1.22 | 0.91 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -1.28 | -1.98 | -2.33 | 0.40 | 1.01 | -3.14 |
| Depreciation | 0.01 | 0.01 | 0.01 | -0.01 | 0.02 | 0.03 |
| Other Funds (Non Cash) | 0.53 | 0.38 | -0.11 | -1.90 | -0.84 | 2.02 |
| Funds from Operations | -0.75 | -1.59 | -2.46 | -1.51 | 0.16 | -1.05 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.58 | 0.44 | 1.47 | 1.39 | -0.91 | -0.95 |
| Income Taxes Payable | 0.02 | -0.01 | 1.11 | 0.01 | -0.03 | -0.08 |
| Cash from Operating Activities | -1.32 | -1.15 | -0.99 | -0.12 | -0.75 | -2.00 |
| Capital Expenditures | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.34 | 0.00 | -0.04 | -0.02 | 0.64 | 0.46 |
| Purchase of Investments | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.34 | 0.00 | -0.04 | -0.02 | 0.64 | 0.46 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.84 | 0.00 | 4.53 | 0.01 | 0.01 | 0.01 |
| Cash from Investing Activities | 1.18 | -0.00 | 4.49 | -0.01 | 0.65 | 0.47 |
| Cash Dividends Paid | 0.00 | 0.00 | -3.21 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | - | - | - | - | - | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | -0.07 | -0.04 | 1.85 | 0.15 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | -0.07 | -0.04 | 1.85 | 0.15 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | -0.06 | -0.04 | 1.85 | 0.03 |
| Issuance or Reduction of Debt, Net | -0.01 | -0.04 | -0.09 | -0.22 | -0.18 | -0.11 |
| Change in Long Term Debt | -0.01 | -0.04 | 0.04 | -0.04 | -0.00 | -0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -0.01 | -0.04 | 0.04 | -0.04 | -0.00 | -0.00 |
| Net Financing Active Other Cash Flow | -0.01 | -0.01 | -0.02 | -0.33 | 0.00 | 0.10 |
| Other Financing Activities Uses | -0.01 | -0.01 | -0.02 | -0.33 | 0.00 | 0.00 |
| Cash from Financing Activities | -0.02 | -0.05 | -3.43 | -0.18 | 1.67 | 0.14 |
| Exchange Rate Effect | -0.01 | -0.00 | -0.11 | -0.01 | 0.04 | 0.00 |
| Net Change in Cash | -0.18 | -1.21 | -0.03 | -0.33 | 1.61 | -1.38 |
| Free Cash Flow | -1.32 | -1.15 | - | - | -0.75 | -2.00 |
Revenue breakdown
| Consulting Services | 2024: 14.74M 2025: 1.91M |
|---|---|
| Customised Software Development and Services | 2024: 7.85M 2025: 6.86M |
| Software Development Services | 2024: 94.49K 2025: 196.54K |
| International | 2024: 468.50K 2025: 612.64K |
| Japan | 2024: 14.75M 2025: 1.91M |
| United States | 2024: 7.47M 2025: 6.44M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 2.16% | 0.0M | 0.6M | 26.62K |
| 2026-10-15 | 2.41% | 0.0M | 0.6M | 28.46K |
| 2026-09-30 | 1.66% | 0.0M | 0.6M | 24.41K |
| 2026-09-15 | 1.68% | 0.0M | 0.6M | 29.99K |
| 2026-08-31 | 2.51% | 0.0M | 0.6M | 39.02K |
| 2026-08-14 | 3.32% | 0.0M | 0.6M | 69.30K |
| 2026-07-31 | 4.35% | 0.0M | 0.5M | 75.58K |
| 2026-07-15 | 4.65% | 0.0M | 0.6M | 82.08K |
| 2026-06-30 | 5.27% | 0.0M | 0.6M | 86.46K |
| 2026-06-15 | 9.63% | 0.1M | 0.6M | 79.47K |
| 2026-05-29 | 13.27% | 0.1M | 0.5M | 70.20K |
| 2026-05-15 | 6.48% | 0.0M | 0.5M | 59.64K |
| 2026-04-30 | 5.81% | 0.0M | 0.5M | 46.49K |
| 2026-04-15 | 8.02% | 0.0M | 0.4M | 38.57K |
| 2026-03-31 | - | 0.0M | - | 27.95K |
| 2026-03-13 | 1.97% | 0.0M | 0.4M | 29.24K |
| 2026-02-27 | 3.96% | 0.0M | 0.4M | 27.81K |
| 2026-02-13 | 1.33% | 0.0M | 0.4M | 8.28K |
| 2026-01-30 | 1.29% | 0.0M | 0.4M | 12.36K |
| 2026-01-15 | 1.35% | 0.0M | 0.4M | 54.22K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-09-25 | 8-K | Current report | 2026-09-25 | SEC |
| 2026-08-17 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-08-17 | SEC |
| 2026-08-13 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-13 | 8-K | Current report | 2026-08-13 | SEC |
| 2026-08-07 | 8-K | Current report | 2026-08-03 | SEC |
| 2026-07-22 | SCHEDULE 13G | SEC | ||
| 2026-06-25 | 8-K | Current report | 2026-06-22 | SEC |
| 2026-05-15 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-15 | 8-K | Current report | 2026-05-15 | SEC |
| 2026-04-22 | 8-K | Current report | 2026-04-22 | SEC |
| 2026-04-06 | 8-K | Current report | 2026-04-02 | SEC |
| 2026-04-01 | 8-K | Current report | 2026-04-01 | SEC |
| 2026-03-31 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-03-31 | 8-K | Current report | 2026-03-31 | SEC |
| 2026-03-27 | 8-K | Current report | 2026-03-24 | SEC |
| 2026-02-24 | 8-K | Current report | 2026-02-24 | SEC |
| 2026-02-11 | 8-K | Current report | 2026-02-11 | SEC |
| 2025-11-20 | SCHEDULE 13G/A | SEC | ||
| 2025-11-18 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2025-09-30 | SEC |
| 2025-11-18 | 8-K | Current report | 2025-11-18 | SEC |
| 2025-11-14 | NT 10-Q | 2025-09-30 | SEC | |
| 2025-11-10 | 8-K | Current report | 2025-11-04 | SEC |
| 2025-11-04 | 8-K/A | 2025-10-31 | SEC | |
| 2025-10-31 | 8-K | Current report | 2025-10-31 | SEC |
| 2025-10-29 | 8-K | Current report | 2025-10-29 | SEC |
| 2025-10-20 | 8-K | Current report | 2025-10-19 | SEC |
| 2025-09-26 | 8-K | Current report | 2025-09-26 | SEC |
| 2025-09-16 | 424B1 | SEC | ||
| 2025-09-15 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2025-09-11 | CORRESP | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| UBS Group AG | 0.40% |
| SBI Securities Co., Ltd. | 0.02% |
Funds
| Fund | % owned |
|---|---|
| Fidelity Nasdaq Composite Index Fund | 0.04% |
| Blackstone Alternative Multi-Strategy Fund | 0.00% |
OakChart. HTCR. Cached 15 minutes.
Some panels did not load: ratings, insider.