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Side-by-side financial comparison of HeartCore Enterprises, Inc. (HTCR) and Opus Genetics, Inc. (IRD). Click either name above to swap in a different company.

Opus Genetics, Inc. is the larger business by last-quarter revenue ($3.9M vs $3.0M, roughly 1.3× HeartCore Enterprises, Inc.). On growth, Opus Genetics, Inc. posted the faster year-over-year revenue change (-10.2% vs -81.6%). Over the past eight quarters, Opus Genetics, Inc.'s revenue compounded faster (50.3% CAGR vs -5.2%).

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.

Opus Genetics, Inc. is a clinical-stage biotechnology company specializing in the development of targeted gene therapies for inherited retinal diseases. It focuses on addressing unmet medical needs for patients living with rare, vision-threatening ocular conditions, with operations centered on advancing accessible therapeutic candidates for global rare disease patient populations.

HTCR vs IRD — Head-to-Head

Bigger by revenue
IRD
IRD
1.3× larger
IRD
$3.9M
$3.0M
HTCR
Growing faster (revenue YoY)
IRD
IRD
+71.4% gap
IRD
-10.2%
-81.6%
HTCR
Faster 2-yr revenue CAGR
IRD
IRD
Annualised
IRD
50.3%
-5.2%
HTCR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HTCR
HTCR
IRD
IRD
Revenue
$3.0M
$3.9M
Net Profit
$434.1K
Gross Margin
49.1%
Operating Margin
-0.4%
Net Margin
14.5%
Revenue YoY
-81.6%
-10.2%
Net Profit YoY
-96.1%
53.0%
EPS (diluted)
$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
HTCR
HTCR
IRD
IRD
Q4 25
$3.9M
Q3 25
$3.0M
$3.1M
Q2 25
$4.7M
$2.9M
Q1 25
$3.6M
$4.4M
Q4 24
$-2.7M
$4.3M
Q3 24
$16.2M
$3.9M
Q2 24
$4.1M
$1.1M
Q1 24
$5.0M
$1.7M
Net Profit
HTCR
HTCR
IRD
IRD
Q4 25
Q3 25
$434.1K
$-17.5M
Q2 25
$1.1M
$-7.4M
Q1 25
$-3.1M
$-8.2M
Q4 24
$-9.3M
Q3 24
$11.1M
$-7.5M
Q2 24
$-2.0M
$-7.8M
Q1 24
$-1.3M
$-7.1M
Gross Margin
HTCR
HTCR
IRD
IRD
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
HTCR
HTCR
IRD
IRD
Q4 25
Q3 25
-0.4%
-269.9%
Q2 25
2.3%
-309.0%
Q1 25
-34.7%
-227.2%
Q4 24
386.5%
Q3 24
76.0%
-207.1%
Q2 24
-37.1%
-748.9%
Q1 24
-13.5%
-450.5%
Net Margin
HTCR
HTCR
IRD
IRD
Q4 25
Q3 25
14.5%
-566.9%
Q2 25
23.2%
-257.5%
Q1 25
-86.1%
-187.5%
Q4 24
346.8%
Q3 24
68.1%
-194.6%
Q2 24
-48.0%
-698.3%
Q1 24
-26.4%
-415.3%
EPS (diluted)
HTCR
HTCR
IRD
IRD
Q4 25
Q3 25
$0.02
$-0.25
Q2 25
$0.04
$-0.12
Q1 25
$-0.14
$-0.24
Q4 24
$-0.45
Q3 24
$0.53
$-0.29
Q2 24
$-0.09
$-0.30
Q1 24
$-0.06
$-0.29

Balance Sheet & Financial Strength

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

Metric
HTCR
HTCR
IRD
IRD
Cash + ST InvestmentsLiquidity on hand
$4.4M
$45.1M
Total DebtLower is stronger
$510.9K
Stockholders' EquityBook value
$5.2M
$15.3M
Total Assets
$13.3M
$50.2M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTCR
HTCR
IRD
IRD
Q4 25
$45.1M
Q3 25
$4.4M
$30.8M
Q2 25
$2.5M
$32.4M
Q1 25
$2.3M
$41.8M
Q4 24
$6.5M
$30.3M
Q3 24
$8.6M
$36.6M
Q2 24
$4.2M
$41.4M
Q1 24
$1.6M
$47.2M
Total Debt
HTCR
HTCR
IRD
IRD
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
HTCR
HTCR
IRD
IRD
Q4 25
$15.3M
Q3 25
$5.2M
$6.0M
Q2 25
$4.8M
$17.5M
Q1 25
$1.8M
$5.1M
Q4 24
$4.7M
$6.7M
Q3 24
$12.4M
$34.3M
Q2 24
$1.6M
$40.6M
Q1 24
$3.9M
$46.1M
Total Assets
HTCR
HTCR
IRD
IRD
Q4 25
$50.2M
Q3 25
$13.3M
$36.1M
Q2 25
$13.5M
$38.7M
Q1 25
$10.2M
$48.2M
Q4 24
$14.0M
$36.9M
Q3 24
$25.5M
$40.4M
Q2 24
$24.1M
$44.8M
Q1 24
$22.3M
$51.8M
Debt / Equity
HTCR
HTCR
IRD
IRD
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
HTCR
HTCR
IRD
IRD
Operating Cash FlowLast quarter
$-35.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTCR
HTCR
IRD
IRD
Q4 25
$-35.3M
Q3 25
$-6.2M
Q2 25
$-674.1K
$-10.3M
Q1 25
$-2.0M
$-9.0M
Q4 24
$-1.3M
$-25.6M
Q3 24
$-1.8M
$-5.1M
Q2 24
$-837.1K
$-7.3M
Q1 24
$-898.6K
$-5.7M
Capex Intensity
HTCR
HTCR
IRD
IRD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
HTCR
HTCR
IRD
IRD
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

HTCR
HTCR

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

IRD
IRD

Segment breakdown not available.

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