HeartCore Enterprises (HTCR) Revenue & Revenue Breakdown
HeartCore Enterprises Revenue Highlights
Latest Revenue (Y)
$21.85M
Latest Revenue (Q)
$5.05M
Main Segment (Y)
Software as a Service (SaaS)
HeartCore Enterprises Revenue by Period
HeartCore Enterprises Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $21.85M | 147.73% |
| 2022-12-31 | $8.82M | -18.52% |
| 2021-12-31 | $10.82M | 19.90% |
| 2020-12-31 | $9.03M | 25.21% |
| 2019-12-31 | $7.21M | - |
HeartCore Enterprises generated $21.85M in revenue during NA 2023, up 147.73% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
HeartCore Enterprises Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $5.05M | 51.67% |
| 2023-12-31 | $3.33M | -29.04% |
| 2023-09-30 | $4.69M | -7.98% |
| 2023-06-30 | $5.10M | -41.66% |
| 2023-03-31 | $8.73M | 336.81% |
| 2022-12-31 | $2.00M | 6.79% |
| 2022-09-30 | $1.87M | -29.88% |
| 2022-06-30 | $2.67M | 17.32% |
| 2022-03-31 | $2.28M | -4.23% |
| 2021-12-31 | $2.38M | -31.52% |
| 2021-09-30 | $3.47M | 21.13% |
| 2021-06-30 | $2.87M | 35.77% |
| 2021-03-31 | $2.11M | -10.65% |
| 2020-12-31 | $2.36M | - |
HeartCore Enterprises generated $5.05M in revenue during Q1 2024, up 51.67% compared to the previous quarter, and up 252.39% compared to the same period a year ago.
HeartCore Enterprises Revenue Breakdown
HeartCore Enterprises Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Others | $144.83K | $182.91K | $305.38K |
| Process Mining | $399.30K | $499.72K | $737.50K |
| Robotic Process Automation | $325.99K | $394.83K | $600.32K |
| Software as a Service (SaaS) | $635.93K | - | - |
| Task Mining | $376.68K | $337.95K | $353.79K |
| Customer Experience Management Platform | - | $5.95M | $8.83M |
| On Premise Software | - | $1.86M | - |
| Maintenance And Support Service | - | $2.96M | - |
| Consulting Service | - | $1.45M | - |
| Software Development And Other Miscellaneous Services | - | $2.05M | - |
| On-Premise Software | - | - | $3.61M |
| Software as a Service ("SaaS") | - | - | $617.03K |
| Software Development and Other Miscellaneous Services | - | - | $2.98M |
| Maintenance and Support Service | - | - | $3.62M |
HeartCore Enterprises's latest annual revenue breakdown by segment (product or service), as of Dec 23: Software as a Service (SaaS) (33.78%), Process Mining (21.21%), Task Mining (20.01%), Robotic Process Automation (17.31%), and Others (7.69%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|
| Maintenance and Support Services | $549.28K | - | - | - | - | - | - | - | - |
| Software Development and Other Miscellaneous Services | $516.56K | $447.46K | $340.74K | $674.88K | - | - | - | - | - |
| Software as a Service (SaaS) | $152.25K | $139.70K | - | - | - | - | - | - | - |
| Task Mining | $107.36K | $45.86K | $98.96K | $74.96K | $95.68K | $85.72K | $66.80K | $98.56K | $86.88K |
| Others | $61.89K | $58.87K | $36.97K | $34.41K | $25.59K | $66.31K | $22.53K | $24.87K | $69.20K |
| Robotic Process Automation | $102.37K | $56.19K | $54.47K | $58.05K | $127.28K | $77.72K | $69.69K | $149.03K | $98.39K |
| Process Mining | $101.31K | $73.16K | $8.93K | $99.62K | $188.56K | $46.36K | $68.56K | $118.32K | $266.49K |
| Consulting Services | $150.81K | $575.48K | $612.03K | $637.44K | - | - | - | - | - |
| On-Premise Software | $575.42K | $257.12K | $716.53K | - | - | - | - | - | - |
| Maintenance And Support Services | - | $627.76K | $650.60K | $874.73K | - | - | - | - | - |
| On Premise Software | - | - | - | $396.65K | $704.27K | $85.32K | $801.60K | - | - |
| Software Development And Other Miscellaneous Services | - | - | - | $474.86K | $406.45K | $528.56K | $502.41K | - | - |
| Customer Experience Management Platform | - | - | - | - | $1.73M | $1.20M | $1.17M | $1.83M | $1.76M |
| Consulting Service | - | - | - | - | - | $526.26K | $473.75K | $448.36K | - |
| Maintenance And Support Service | - | - | - | - | - | $711.19K | $845.34K | - | - |
| Maintenance and Support Service | - | - | - | - | - | - | $678.52K | $727.28K | - |
| Software as a Service ("SaaS") | - | - | - | - | - | - | $122.35K | $103.25K | - |
| Software as a Service SaaS | - | - | - | - | - | - | - | - | $126.65K |
HeartCore Enterprises's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: On-Premise Software (24.83%), Maintenance and Support Services (23.70%), Software Development and Other Miscellaneous Services (22.29%), Software as a Service (SaaS) (6.57%), Consulting Services (6.51%), Task Mining (4.63%), Robotic Process Automation (4.42%), Process Mining (4.37%), and Others (2.67%).
HTCR Revenue FAQ
What is HeartCore Enterprises’s yearly revenue?
HeartCore Enterprises's yearly revenue for 2023 was $21.85M, representing an increase of 147.73% compared to 2022. The company's yearly revenue for 2022 was $8.82M, representing a decrease of -18.52% compared to 2021. HTCR's yearly revenue for 2021 was $10.82M, representing an increase of 19.90% compared to 2020.
What is HeartCore Enterprises’s quarterly revenue?
HeartCore Enterprises's quarterly revenue for Q1 2024 was $5.05M, a 51.67% increase from the previous quarter (Q4 2023), and a -42.22% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $3.33M, a -29.04% decrease from the previous quarter (Q3 2023), and a 66.41% increase year-over-year (Q4 2022). HTCR's quarterly revenue for Q3 2023 was $4.69M, a -7.98% decrease from the previous quarter (Q2 2023), and a 150.41% increase year-over-year (Q3 2022).
What is HeartCore Enterprises’s revenue growth rate?
HeartCore Enterprises's revenue growth rate for the last 3 years (2021-2023) was 101.86%, and for the last 5 years (2019-2023) was 203.04%.
What are HeartCore Enterprises’s revenue streams?
HeartCore Enterprises's revenue streams in c 23 are Others, Process Mining, Robotic Process Automation, Software as a Service (SaaS), and Task Mining. Others generated $144.83K in revenue, accounting 7.69% of the company's total revenue, down -20.82% year-over-year. Process Mining generated $399.3K in revenue, accounting 21.21% of the company's total revenue, down -20.10% year-over-year. Robotic Process Automation generated $325.99K in revenue, accounting 17.31% of the company's total revenue, down -17.44% year-over-year. Software as a Service (SaaS) generated $635.93K in revenue, accounting 33.78% of the company's total revenue Task Mining generated $376.68K in revenue, accounting 20.01% of the company's total revenue, up 11.46% year-over-year.
What is HeartCore Enterprises’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of HeartCore Enterprises was Software as a Service (SaaS). This segment made a revenue of $635.93K, representing 33.78% of the company's total revenue.