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Side-by-side financial comparison of HeartCore Enterprises, Inc. (HTCR) and Solid Power, Inc. (SLDP). Click either name above to swap in a different company.
Solid Power, Inc. is the larger business by last-quarter revenue ($3.6M vs $3.0M, roughly 1.2× HeartCore Enterprises, Inc.). On growth, Solid Power, Inc. posted the faster year-over-year revenue change (-18.6% vs -81.6%). Over the past eight quarters, HeartCore Enterprises, Inc.'s revenue compounded faster (-5.2% CAGR vs -21.9%).
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.
Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
HTCR vs SLDP — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $3.0M | $3.6M |
| Net Profit | $434.1K | — |
| Gross Margin | 49.1% | — |
| Operating Margin | -0.4% | -730.1% |
| Net Margin | 14.5% | — |
| Revenue YoY | -81.6% | -18.6% |
| Net Profit YoY | -96.1% | — |
| EPS (diluted) | $0.02 | $-0.15 |
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.
| Q4 25 | — | $3.6M | ||
| Q3 25 | $3.0M | $3.7M | ||
| Q2 25 | $4.7M | $6.5M | ||
| Q1 25 | $3.6M | $6.0M | ||
| Q4 24 | $-2.7M | $4.5M | ||
| Q3 24 | $16.2M | $4.7M | ||
| Q2 24 | $4.1M | $5.1M | ||
| Q1 24 | $5.0M | $6.0M |
| Q4 25 | — | — | ||
| Q3 25 | $434.1K | $-25.9M | ||
| Q2 25 | $1.1M | $-25.3M | ||
| Q1 25 | $-3.1M | $-15.2M | ||
| Q4 24 | $-9.3M | — | ||
| Q3 24 | $11.1M | $-22.4M | ||
| Q2 24 | $-2.0M | $-22.3M | ||
| Q1 24 | $-1.3M | $-21.2M |
| 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% | — |
| Q4 25 | — | -730.1% | ||
| Q3 25 | -0.4% | -654.4% | ||
| Q2 25 | 2.3% | -398.9% | ||
| Q1 25 | -34.7% | -399.4% | ||
| Q4 24 | 386.5% | -561.1% | ||
| Q3 24 | 76.0% | -593.2% | ||
| Q2 24 | -37.1% | -530.8% | ||
| Q1 24 | -13.5% | -433.1% |
| Q4 25 | — | — | ||
| Q3 25 | 14.5% | -693.1% | ||
| Q2 25 | 23.2% | -390.7% | ||
| Q1 25 | -86.1% | -251.8% | ||
| Q4 24 | 346.8% | — | ||
| Q3 24 | 68.1% | -482.0% | ||
| Q2 24 | -48.0% | -438.9% | ||
| Q1 24 | -26.4% | -356.2% |
| Q4 25 | — | $-0.15 | ||
| Q3 25 | $0.02 | $-0.14 | ||
| Q2 25 | $0.04 | $-0.14 | ||
| Q1 25 | $-0.14 | $-0.08 | ||
| Q4 24 | $-0.45 | $-0.16 | ||
| Q3 24 | $0.53 | $-0.13 | ||
| Q2 24 | $-0.09 | $-0.13 | ||
| Q1 24 | $-0.06 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.4M | $250.8M |
| Total DebtLower is stronger | $510.9K | — |
| Stockholders' EquityBook value | $5.2M | $415.7M |
| Total Assets | $13.3M | $455.1M |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $250.8M | ||
| Q3 25 | $4.4M | $251.2M | ||
| Q2 25 | $2.5M | $230.9M | ||
| Q1 25 | $2.3M | $240.9M | ||
| Q4 24 | $6.5M | $118.2M | ||
| Q3 24 | $8.6M | $132.0M | ||
| Q2 24 | $4.2M | $140.5M | ||
| Q1 24 | $1.6M | $146.6M |
| 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 | — |
| Q4 25 | — | $415.7M | ||
| Q3 25 | $5.2M | $381.2M | ||
| Q2 25 | $4.8M | $370.6M | ||
| Q1 25 | $1.8M | $397.1M | ||
| Q4 24 | $4.7M | $410.3M | ||
| Q3 24 | $12.4M | $439.4M | ||
| Q2 24 | $1.6M | $456.8M | ||
| Q1 24 | $3.9M | $479.4M |
| Q4 25 | — | $455.1M | ||
| Q3 25 | $13.3M | $416.1M | ||
| Q2 25 | $13.5M | $398.0M | ||
| Q1 25 | $10.2M | $419.4M | ||
| Q4 24 | $14.0M | $448.3M | ||
| Q3 24 | $25.5M | $470.9M | ||
| Q2 24 | $24.1M | $492.6M | ||
| Q1 24 | $22.3M | $516.2M |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $-18.4M |
| Free Cash FlowOCF − Capex | — | $-23.0M |
| FCF MarginFCF / Revenue | — | -633.0% |
| Capex IntensityCapex / Revenue | — | 126.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-83.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-18.4M | ||
| Q3 25 | — | $-14.3M | ||
| Q2 25 | $-674.1K | $-14.4M | ||
| Q1 25 | $-2.0M | $-26.3M | ||
| Q4 24 | $-1.3M | $-13.9M | ||
| Q3 24 | $-1.8M | $-9.9M | ||
| Q2 24 | $-837.1K | $-11.1M | ||
| Q1 24 | $-898.6K | $-29.1M |
| Q4 25 | — | $-23.0M | ||
| Q3 25 | — | $-14.8M | ||
| Q2 25 | — | $-17.1M | ||
| Q1 25 | — | $-28.6M | ||
| Q4 24 | — | $-18.6M | ||
| Q3 24 | — | $-12.6M | ||
| Q2 24 | — | $-15.5M | ||
| Q1 24 | — | $-33.1M |
| Q4 25 | — | -633.0% | ||
| Q3 25 | — | -397.6% | ||
| Q2 25 | — | -264.2% | ||
| Q1 25 | — | -476.1% | ||
| Q4 24 | — | -416.5% | ||
| Q3 24 | — | -271.5% | ||
| Q2 24 | — | -305.8% | ||
| Q1 24 | — | -556.3% |
| Q4 25 | — | 126.5% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 41.5% | ||
| Q1 25 | — | 39.1% | ||
| Q4 24 | — | 105.5% | ||
| Q3 24 | 0.0% | 59.7% | ||
| Q2 24 | — | 86.8% | ||
| Q1 24 | — | 68.1% |
| 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
| Customised Software Development And Services | $1.7M | 58% |
| Software Related Cost Of Revenues | $1.4M | 46% |
SLDP
Segment breakdown not available.