Fundamentals Overview

Strong Customer Growth:

HeartCore expanded its client base to 962, marking a 105% year-over-year increase. This indicates that the company is successfully penetrating both domestic and international markets

Revenue Growth:

Despite challenges in the broader market, HeartCore’s revenue continues to grow, and its CMS business holds a customer retention rate of 88%. This level of client satisfaction bodes well for future business stability.

Market Expansion and Strategic Partnerships:

HeartCore has formed partnerships with major entities like Hitachi Systems to integrate web security and digital transformation services. Additionally, their Go IPO service helps Japanese companies list on U.S. exchanges, a niche service that has become a growth driver.