HeartCore Enterprises, Inc. · NASDAQ:HTCR
HeartCore Enterprises — Investor Presentation (May 2025)
28 slides from HeartCore Enterprises's investor presentation, May 2025
Slide 1: Investor Presentation
Investor Presentation Nasdaq: HTCR May 2025 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain information set forth in this presentation contains forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933, as amended, Section 21 E of the Securities Exchange Act of 1934, as amended, or the Private Securities Litigation Reform
Slide 3: Who We Are
982 Clients in 26 Clients Who We Are Japan Overseas HeartCore provides enterprise software • 95% CMS Business Customer Retention Rate and consulting services. Its CXM platform (2024) includes tools for marketing, sales, • 9th consecutive top market share in sales service, and content management, val
Slide 4: HeartCore's History
HeartCore’s History ESTABLISHED US OFFICE June 2009 Silicon Valley, CA JAPAN HEADQUARTERS 100% 100% 51% Shinagawa-ku, Tokyo 51% 62 EMPLOYEES OKINAWA BRANCH Naha City, Okinawa JUNE 2009 DECEMBER 2019 February 2023 February 2024 May 2024 JANUARY 2018 Content Management TaskMining HeartCore HeartCore F
Slide 5: Software Related Business
Software Related Business Content Management System Digital Transformation Our customer experience management Provides customers with robotics process platform: automation, process mining and task Includes marketing, sales, service, and content mining: management systems as well as other tools and A
Slide 6: Content Management System (CMS)
Content Management System (CMS) CMS software helps users create, Content $22.3B 5.2% Management Projected Global Market Growth Rate manage, and modify content on Market Market Size (2024) (2024-2028) websites without the need for specialized technical knowledge. North America • HeartCore has heavily
Slide 7: Why We Win
Why We Win Leading digital Secure systems Website & Digital transformation with trusted by leaders Transformation the latest marketing in the financial Services technology industry Integrated high- AI-driven content Personalization quality site search generator and auto without third-party engine de
Slide 8: Content Management System (CMS) Competitive Analysis
ANALYSIS OF MAJOR COMPETITORS* CMS HeartCore AdobeEM Sitecore Acquia Basic Functionality COMPETITIVE ANALYSIS Performance Content Security Management Search Function System (CMS) Digital Marketing Ease Development Price *Analysis by AJS: https://www.ajs.co.jp 8
Slide 9: Where We Serve
10 LOCATIONS WORLDWIDE Where We Serve Servicing 1,008 Sweden clients across 10 Canada locations worldwide Silicon Valley, CA New York, NY Netherlands Tokyo, Japan through our enterprise Okinawa, Japan Mexico suite of software India Vietnam solutions 9
Slide 10: Proactive M&A Strategy
GROWTH STRATEGIES Proactive M&A Strategy Primary Growth Strategy M&A Criteria o HeartCore made advancements in its software business model HeartCore is targeting to acquire software aimed at driving sustainable and predictable revenue growth, companies that meet the following criteria: improving mar
Slide 11: HeartCore Acquisition of Sigmaways
HeartCore Acquisition of Sigmaways Sigmaways generated approximately $7.8 million revenue for the year ended December 31, 2024 Acquisition expands the operational footprint in the U.S. and adds significant revenue to HeartCore’s top line Provides complementary cross-sell and upsell opportunities for
Slide 12: Sigmaways Key Clients and Affiliates
Sigmaways Key Clients and Affiliates KEY CLIENTS AFFILIATIONS 1 2
Slide 13: Go IPO Business
Go IPO Business HeartCore’s Go IPO consulting business provides Japanese companies with comprehensive consultation support, including pre-IPO consulting, regulatory guidance, financial preparation, and operational readiness to help businesses navigate the complexities of a successful U.S. listing. H
Slide 14: Go IPO Financial Performance
Go IPO Business Financial Performance FY2024 Financial Results $14.7M 137% 4 14 Total Revenues YoY Growth Successful IPOs Signed Clients Building a Diverse Portfolio of Japan-Based Growth Companies • $14.7 Million 2024 Revenue – fees + warrants/stocks acquisition rights/ordinary shares from rights r
Slide 15: Revenue Recognition Model
Go IPO Business Revenue Recognition Model Go IPO Fee Structure Consulting Fee HeartCore’s Go IPO business engages The cash consideration is paid in installment payments and is recognized as revenues over the period of the contract, based on Japanese growth companies who view U.S. progress toward the
Slide 16: SBC Medical Group Holdings Inc.
Go IPO Business SBC Medical Group Holdings Inc. Client Target Go IPO Services SBC Medical Group Holdings Inc., through its HeartCore spearheaded the entire listing process and supported the subsidiaries, provides operational management successful listing of SBC Medical Group Holdings, Inc. (NASDAQ:
Slide 17: South Korea Expansion
Go IPO Business South Korea Expansion CBA Partnership Launched sales and marketing initiative across the broader Asia Pacific region Established a referral program with Thomas Yi from Cross Border Association (CBA) Engaged in active discussion with other firms across South Korea and the Asia Pacific
Slide 18: Growth Strategies
Growth Strategies M&A Strategy AI Utilization Exploring opportunities to create synergistic Maximizing the potential of HeartCore's in-house effects through the acquisition of companies in AI division to enhance its competitive edge, Japan, Vietnam, and the United States, thereby seamlessly integrat
Slide 19: Income Statement
Income Statement Q1 2025 FY 2024 FY 2023 FY 2022 Comparison of FY24, FY23, FY22 Revenue $3,587 $30,407 $21,846 $8,818 $3 73, 33 $3 11, 11 Software $3,341 $15,670 $15,634 $7,370 $2 48, 89 Go IPO $1 86, 67 $246 $14,737 $6,212 $1,448 $1 2,444 Income ($3,087) ($1,481) ($4,190) ($6,677) $6 , 22 (Loss)1 A
Slide 20: Overview of Key Financials
Overview of Key Financials Cash (as of March 31, 2025) $0.7M Revenue（in thousands） $20,250.0 $17,850 Market Cap $11.8M $18,000.0 (as of May 16, 2025) $15,750.0 Shares Outstanding 22.07M $13,500.0 (as of March 31, 2025) $11,250.0 Warrants 1.4M $9,000.0 $8,734 (as of March 31, 2025) $6,750.0 $5,095 $4
Slide 21: About Management Team
About Management Team Sumitaka Kanno Yamamoto Chairman of Board, Chief Executive Officer, President and Director After graduating from the Kansai Gaidai University in Japan, Kanno joined the Japan Air Force and became a pilot. He then founded his own company, popularized snowboarding in Japan, and c
Slide 22: About Management Team
About Management Team Rika Hozumi Chief Human Resource Officer After graduating, Ms.Hozumi worked as a semiconductor engineer at a global semiconductor manufacturer, where she was involved in developing various products. She later became interested in organizational human resource development and wo
Slide 23: Investor Relations
INVESTOR RELATIONS Gateway Group, Inc. Matt Glover and John Yi HTCR@gateway-grp.com (949) 574-3860 WEBSITE https://heartcore-enterprises.com/
Slide 24: Appendix
APPENDIX
Slide 25: Revenue Breakdown
Revenue Breakdown For the Three Months Ended March 31, 2025 2024 Revenues from on-premise software $ 334,882 $ 1,078,736 Revenues from maintenance and support services 567,619 627,764 Revenues from software as a service (“SaaS”) 172,844 139,700 Revenues from software development and other miscellane
Slide 26: Non-GAAP Financial Measure
Non-GAAP Financial Measure For the Three Months Ended March 31, 2025 2024 Net Loss $ (3,137,381) $ (1,478,002) (+) Depreciation and amortization expense 26,907 188,085 (+) Changes in fair value of investments in marketable securities 1,781,664 234,082 (+) Changes in fair value of investment in warra
Slide 27: Non-GAAP Financial Measure
Non-GAAP Financial Measure For the Year Ended December 31, 2024 2023 2022 Net Loss $ (5,212,900) $ (4,876,700) $ (6,677,466) (+) Depreciation 112,139 $98,644 83,333 (+) Impairment loss on goodwill 3,276,441 - - (+) Impairment loss on intangible assets 3,878,125 - - (+) Changes in fair value of inves
Slide 28: Software Customer Snapshot
Software Customer Snapshot 28
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