HeartCore Enterprises, Inc. Reports 39% Revenue Growth in 2024, Plans Expansion to South Korea in 2025

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LongbridgeAI
03-31 20:32
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Summary

HeartCore Enterprises, Inc. reported a 39% revenue increase in 2024, reaching $30.4 million, despite a $7.2 million impairment by its subsidiary Sigmaways. The company aims to enhance customer success and extend its ‘Go IPO’ consultancy business to Korea, with a seminar planned for September 2025. CEO Sumitaka Kanno highlighted strategic acquisitions and product development for global expansion. The adjusted EBITDA for 2024 was $7.3 million, reflecting ongoing efforts to drive sustainable growth and improve profit margins. GlobeNewswire

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