HeartCore Enterprises, Inc. · NASDAQ:HTCR
HeartCore Enterprises — Investor Presentation (September 2024)
18 slides from HeartCore Enterprises's investor presentation, September 2024
Slide 1: Investor Presentation
Investor Presentation Nasdaq: HTCR September 2024 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except fo
Slide 3: HeartCore Enterprises, Inc.
HeartCore Enterprises, Inc. • Tokyo based Leading Enterprise Software Development & Consulting Company • Majority market share provider of content management (CMS) and digital transformation solutions for well-known Japanese enterprise customers • Global enterprise customer count of 962, up 105% Oth
Slide 4: HeartCore History
ESTABLISHED 969 clients 24 clients US OFFICE HeartCore History June 2009 Silicon Valley, CA in Japan overseas JAPAN HEAQUARTERS Shinagawa-ku, Tokyo OKINAWA BRANCH EMPLOYEES Naha City, Okinawa 62 JUNE 2009 DECEMBER 2019 APRIL 2023 September 2023 April 2024 JANUARY 2018 Content Management TaskMining 1
Slide 5: Enterprise Software Business
Enterprise Software Business Q2’24 Software $3.9M 20% Profitable Business Performance Software Revenue Organic Growth Rate Operations Content Management System Digital Transformation Our customer experience Provides customers with robotics management platform: process automation, process mining and
Slide 6: Content Management System (CMS)
Content Management System (CMS) CMS software helps users create, manage, and Content $22.27B 5.22% Management Market Growth Rate modify content on websites without the need for Projected Global Market Market Size (2024) (2024-2028) specialized technical knowledge. APAC North America Fastest-Growing
Slide 7: Go IPO Consulting Service
Go IPOSM Consulting Service “We have just scratched the tip of the iceberg with our Go IPO business line,” Sumitaka Kanno, CEO Building a Diverse Portfolio of Japan-based Growth Companies • $5 Million Net Revenue YTD - fees + warrant revenue recognition • Expect Q-to-Q volatility - change in asset v
Slide 8: Our Go IPO Business Model
Our Go IPOSM Business Model Sumitaka Kanno, Founder and CEO of HeartCore Enterprises, LLC authored "How to Go IPO" a popular book in Japan Target companies must meet the following criteria 1. Sales of more than $6M for three consecutive years 2. Robust and compelling technology 3. Dominant market po
Slide 9: HeartCore Acquisition of Sigmaways
HeartCore Acquisition of Sigmaways Sigmaways generated approximately $10 million revenue (unaudited) for the year ended December 31, 2023 Acquisition expands HeartCore’s operational footprint in the U.S. and adds significant revenue to the Company’s top line Provides complementary cross-sell and ups
Slide 10: Sigmaways Key Clients and Affiliates
Sigmaways Key Clients and Affiliates KEY CLIENTS AFFILIATIONS 10
Slide 11: Financial Highlights
Financial Highlights Q2 2024 YTD23 YTD22 YTD23 compared to YTD22 Revenue $ 4,066 $21,846 $8,818 $ 2 4 ,8 9 (148% increase) Software $3,854 $15,634 $ 7,370 $ 1 8 ,6 7 (26% increase) (112% increase) Go IPO $151 $ 6,212 $ 1,448 $ 1 2 ,4 4 (329% increase) Other $62 $366 $57 $ 6 ,2 2 Income(Loss)* $(1,97
Slide 12: Outlook 2024
Outlook 2024 Expect continued growth from the Building a diversified portfolio of enterprise software business Japan-based growth companies • Growth through new customers and through GO IPOSM cross- & up-selling existing ones • 14 signed clients in the pipeline • Growth through new technologies, • O
Slide 13: Long-term Outlook
Enterprise Software Long-term Outlook • Established strong market Transformational Period position in Japan • Growth through new customers Growing enterprise software • Growth through acquisitions company building a portfolio of • Growth expected in US and India Japan-based growth companies that str
Slide 14: Investment Highlights
Investment Highlights 88% 40% 210% 4% CMS Customer Anticipated Market Anticipated Revenue Anticipated Customer Retention Rate, 2023 Share (up from 25%) Growth Y/Y Growth Y/Y Aggressive M&A Synergistic target companies will improve earnings Human Resources Investments Focus on securing and training 9
Slide 15: Appendix
APPENDIX 15
Slide 16: Overview of Key Financials
Overview of Key Financials Cash (as of June 30, 2024) $3.8M Revenue（in thousands） $11,250.0 Market Cap $14.19M $8,734.2 (as of Aug. 14, 2024) $9,000.0 Shares Outstanding 20.86M (as of June 30, 2024) $6,750.0 $5,095.4 $5,046.7 Warrants 1.47M $4,688.9 $4,066.4 $4,500.0 (as of Dec. 31, 2023) $3,327.4 I
Slide 17: About Management Team
About Management Team CEO COO CFO • Sumitaka Kanno (Yamamoto) • Kimio Hosaka • Qizhi Gao 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 compan
Slide 18: Investor Relations Contact
INVESTOR RELATIONS Gateway Group, Inc. Matt Glover and John Yi HTCR@gateway-grp.com (949) 574-3860 WEBSITE https://heartcore-enterprises.com/ 18
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