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Side-by-side financial comparison of GENERATION INCOME PROPERTIES, INC. (GIPR) and HeartCore Enterprises, Inc. (HTCR). Click either name above to swap in a different company.

HeartCore Enterprises, Inc. is the larger business by last-quarter revenue ($3.0M vs $2.5M, roughly 1.2× GENERATION INCOME PROPERTIES, INC.). HeartCore Enterprises, Inc. runs the higher net margin — 14.5% vs -14.6%, a 29.2% gap on every dollar of revenue. On growth, GENERATION INCOME PROPERTIES, INC. posted the faster year-over-year revenue change (-8.0% vs -81.6%). Over the past eight quarters, GENERATION INCOME PROPERTIES, INC.'s revenue compounded faster (0.5% CAGR vs -5.2%).

Emaar Properties is an Emirati real estate development company located in the United Arab Emirates. The two largest shareholders are Dubai ruler Mohammed bin Rashid Al Maktoum and the UAE's sovereign wealth fund Investment Corporation of Dubai.

HeartCore Enterprises, Inc. is a global SaaS provider specializing in customer experience management, digital transformation solutions, and marketing technology tools. It operates mainly in Japan, Asia-Pacific, and North America, serving small-to-medium businesses and large enterprises with content management systems, marketing automation platforms, and CRM solutions.

GIPR vs HTCR — Head-to-Head

Bigger by revenue
HTCR
HTCR
1.2× larger
HTCR
$3.0M
$2.5M
GIPR
Growing faster (revenue YoY)
GIPR
GIPR
+73.6% gap
GIPR
-8.0%
-81.6%
HTCR
Higher net margin
HTCR
HTCR
29.2% more per $
HTCR
14.5%
-14.6%
GIPR
Faster 2-yr revenue CAGR
GIPR
GIPR
Annualised
GIPR
0.5%
-5.2%
HTCR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GIPR
GIPR
HTCR
HTCR
Revenue
$2.5M
$3.0M
Net Profit
$-359.5K
$434.1K
Gross Margin
49.1%
Operating Margin
-58.6%
-0.4%
Net Margin
-14.6%
14.5%
Revenue YoY
-8.0%
-81.6%
Net Profit YoY
-22.7%
-96.1%
EPS (diluted)
$-0.17
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GIPR
GIPR
HTCR
HTCR
Q4 25
$2.5M
Q3 25
$2.5M
$3.0M
Q2 25
$2.4M
$4.7M
Q1 25
$2.4M
$3.6M
Q4 24
$2.7M
$-2.7M
Q3 24
$2.4M
$16.2M
Q2 24
$2.3M
$4.1M
Q1 24
$2.4M
$5.0M
Net Profit
GIPR
GIPR
HTCR
HTCR
Q4 25
$-359.5K
Q3 25
$-2.8M
$434.1K
Q2 25
$-4.4M
$1.1M
Q1 25
$-2.7M
$-3.1M
Q4 24
$-292.9K
$-9.3M
Q3 24
$-3.0M
$11.1M
Q2 24
$-2.3M
$-2.0M
Q1 24
$-2.8M
$-1.3M
Gross Margin
GIPR
GIPR
HTCR
HTCR
Q4 25
Q3 25
49.1%
Q2 25
46.7%
Q1 25
30.7%
Q4 24
Q3 24
86.3%
Q2 24
19.8%
Q1 24
40.3%
Operating Margin
GIPR
GIPR
HTCR
HTCR
Q4 25
-58.6%
Q3 25
-68.8%
-0.4%
Q2 25
-97.6%
2.3%
Q1 25
-62.0%
-34.7%
Q4 24
-40.9%
386.5%
Q3 24
-57.1%
76.0%
Q2 24
-65.1%
-37.1%
Q1 24
-49.3%
-13.5%
Net Margin
GIPR
GIPR
HTCR
HTCR
Q4 25
-14.6%
Q3 25
-114.4%
14.5%
Q2 25
-181.8%
23.2%
Q1 25
-114.7%
-86.1%
Q4 24
-11.0%
346.8%
Q3 24
-123.7%
68.1%
Q2 24
-100.1%
-48.0%
Q1 24
-116.1%
-26.4%
EPS (diluted)
GIPR
GIPR
HTCR
HTCR
Q4 25
$-0.17
Q3 25
$-0.52
$0.02
Q2 25
$-0.81
$0.04
Q1 25
$-0.50
$-0.14
Q4 24
$0.00
$-0.45
Q3 24
$-0.55
$0.53
Q2 24
$-0.42
$-0.09
Q1 24
$-0.67
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GIPR
GIPR
HTCR
HTCR
Cash + ST InvestmentsLiquidity on hand
$6.2M
$4.4M
Total DebtLower is stronger
$510.9K
Stockholders' EquityBook value
$-4.2M
$5.2M
Total Assets
$97.3M
$13.3M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GIPR
GIPR
HTCR
HTCR
Q4 25
$6.2M
Q3 25
$247.3K
$4.4M
Q2 25
$356.1K
$2.5M
Q1 25
$630.6K
$2.3M
Q4 24
$612.9K
$6.5M
Q3 24
$1.5M
$8.6M
Q2 24
$2.6M
$4.2M
Q1 24
$1.7M
$1.6M
Total Debt
GIPR
GIPR
HTCR
HTCR
Q4 25
Q3 25
$510.9K
Q2 25
$1.5M
Q1 25
$1.5M
Q4 24
$545.1K
Q3 24
$1.9M
Q2 24
$1.9M
Q1 24
$2.0M
Stockholders' Equity
GIPR
GIPR
HTCR
HTCR
Q4 25
$-4.2M
Q3 25
$-3.9M
$5.2M
Q2 25
$-1.4M
$4.8M
Q1 25
$3.1M
$1.8M
Q4 24
$5.8M
$4.7M
Q3 24
$6.2M
$12.4M
Q2 24
$9.1M
$1.6M
Q1 24
$11.9M
$3.9M
Total Assets
GIPR
GIPR
HTCR
HTCR
Q4 25
$97.3M
Q3 25
$103.4M
$13.3M
Q2 25
$105.0M
$13.5M
Q1 25
$116.7M
$10.2M
Q4 24
$106.6M
$14.0M
Q3 24
$108.0M
$25.5M
Q2 24
$104.5M
$24.1M
Q1 24
$104.6M
$22.3M
Debt / Equity
GIPR
GIPR
HTCR
HTCR
Q4 25
Q3 25
0.10×
Q2 25
0.31×
Q1 25
0.84×
Q4 24
0.12×
Q3 24
0.15×
Q2 24
1.20×
Q1 24
0.50×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GIPR
GIPR
HTCR
HTCR
Operating Cash FlowLast quarter
$929.5K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GIPR
GIPR
HTCR
HTCR
Q4 25
$929.5K
Q3 25
$935.4K
Q2 25
$-1.2M
$-674.1K
Q1 25
$718.2K
$-2.0M
Q4 24
$1.0M
$-1.3M
Q3 24
$556.9K
$-1.8M
Q2 24
$200.6K
$-837.1K
Q1 24
$26.0K
$-898.6K
Free Cash Flow
GIPR
GIPR
HTCR
HTCR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-4.8M
Q3 24
$-5.4M
Q2 24
Q1 24
FCF Margin
GIPR
GIPR
HTCR
HTCR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-177.9%
Q3 24
-225.1%
Q2 24
Q1 24
Capex Intensity
GIPR
GIPR
HTCR
HTCR
Q4 25
0.0%
Q3 25
Q2 25
Q1 25
Q4 24
216.2%
Q3 24
248.3%
0.0%
Q2 24
Q1 24
Cash Conversion
GIPR
GIPR
HTCR
HTCR
Q4 25
Q3 25
Q2 25
-0.61×
Q1 25
Q4 24
Q3 24
-0.16×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GIPR
GIPR

Segment breakdown not available.

HTCR
HTCR

Customised Software Development And Services$1.7M58%
Software Related Cost Of Revenues$1.4M46%

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