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Side-by-side financial comparison of HeartCore Enterprises, Inc. (HTCR) and Virgin Galactic Holdings, Inc (SPCE). Click either name above to swap in a different company.
Virgin Galactic Holdings, Inc is the larger business by last-quarter revenue ($4.2M vs $3.0M, roughly 1.4× HeartCore Enterprises, Inc.). HeartCore Enterprises, Inc. runs the higher net margin — 14.5% vs -2222.2%, a 2236.7% gap on every dollar of revenue. On growth, Virgin Galactic Holdings, Inc posted the faster year-over-year revenue change (125.5% vs -81.6%).
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.
Virgin Galactic Holdings, Inc. is a British-American spaceflight company founded by Richard Branson and the Virgin Group conglomerate, which retains an 11.9% stake through Virgin Investments Limited.
HTCR vs SPCE — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2024
| Metric | | |
|---|---|---|
| Revenue | $3.0M | $4.2M |
| Net Profit | $434.1K | $-93.8M |
| Gross Margin | 49.1% | -546.6% |
| Operating Margin | -0.4% | -2412.1% |
| Net Margin | 14.5% | -2222.2% |
| Revenue YoY | -81.6% | 125.5% |
| Net Profit YoY | -96.1% | 30.2% |
| EPS (diluted) | $0.02 | $-4.36 |
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.
| Q3 25 | $3.0M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $3.6M | — | ||
| Q4 24 | $-2.7M | — | ||
| Q3 24 | $16.2M | — | ||
| Q2 24 | $4.1M | $4.2M | ||
| Q1 24 | $5.0M | $2.0M | ||
| Q4 23 | $3.3M | $2.8M |
| Q3 25 | $434.1K | — | ||
| Q2 25 | $1.1M | — | ||
| Q1 25 | $-3.1M | — | ||
| Q4 24 | $-9.3M | — | ||
| Q3 24 | $11.1M | — | ||
| Q2 24 | $-2.0M | $-93.8M | ||
| Q1 24 | $-1.3M | $-102.0M | ||
| Q4 23 | $-2.9M | $-104.0M |
| Q3 25 | 49.1% | — | ||
| Q2 25 | 46.7% | — | ||
| Q1 25 | 30.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 86.3% | — | ||
| Q2 24 | 19.8% | -546.6% | ||
| Q1 24 | 40.3% | -1038.1% | ||
| Q4 23 | 2.9% | -766.4% |
| Q3 25 | -0.4% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -34.7% | — | ||
| Q4 24 | 386.5% | — | ||
| Q3 24 | 76.0% | — | ||
| Q2 24 | -37.1% | -2412.1% | ||
| Q1 24 | -13.5% | -5599.9% | ||
| Q4 23 | -95.1% | -4067.8% |
| Q3 25 | 14.5% | — | ||
| Q2 25 | 23.2% | — | ||
| Q1 25 | -86.1% | — | ||
| Q4 24 | 346.8% | — | ||
| Q3 24 | 68.1% | — | ||
| Q2 24 | -48.0% | -2222.2% | ||
| Q1 24 | -26.4% | -5139.1% | ||
| Q4 23 | -85.7% | -3701.8% |
| Q3 25 | $0.02 | — | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $-0.14 | — | ||
| Q4 24 | $-0.45 | — | ||
| Q3 24 | $0.53 | — | ||
| Q2 24 | $-0.09 | $-4.36 | ||
| Q1 24 | $-0.06 | $-5.10 | ||
| Q4 23 | $-0.16 | $-14.49 |
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 | $775.7M |
| Total DebtLower is stronger | $510.9K | — |
| Stockholders' EquityBook value | $5.2M | $394.8M |
| Total Assets | $13.3M | $1.1B |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $4.4M | — | ||
| Q2 25 | $2.5M | — | ||
| Q1 25 | $2.3M | — | ||
| Q4 24 | $6.5M | — | ||
| Q3 24 | $8.6M | — | ||
| Q2 24 | $4.2M | $775.7M | ||
| Q1 24 | $1.6M | $765.2M | ||
| Q4 23 | $1.7M | $874.0M |
| 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 23 | $2.2M | — |
| Q3 25 | $5.2M | — | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $1.8M | — | ||
| Q4 24 | $4.7M | — | ||
| Q3 24 | $12.4M | — | ||
| Q2 24 | $1.6M | $394.8M | ||
| Q1 24 | $3.9M | $417.6M | ||
| Q4 23 | $5.2M | $505.5M |
| Q3 25 | $13.3M | — | ||
| Q2 25 | $13.5M | — | ||
| Q1 25 | $10.2M | — | ||
| Q4 24 | $14.0M | — | ||
| Q3 24 | $25.5M | — | ||
| Q2 24 | $24.1M | $1.1B | ||
| Q1 24 | $22.3M | $1.1B | ||
| Q4 23 | $19.6M | $1.2B |
| 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× | — | ||
| Q4 23 | 0.42× | — |
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 | — | $-79.1M |
| Free Cash FlowOCF − Capex | — | $-113.5M |
| FCF MarginFCF / Revenue | — | -2690.7% |
| Capex IntensityCapex / Revenue | — | 815.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-458.3M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | — | ||
| Q2 25 | $-674.1K | — | ||
| Q1 25 | $-2.0M | — | ||
| Q4 24 | $-1.3M | — | ||
| Q3 24 | $-1.8M | — | ||
| Q2 24 | $-837.1K | $-79.1M | ||
| Q1 24 | $-898.6K | $-113.2M | ||
| Q4 23 | $-1.9M | $-95.3M |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-113.5M | ||
| Q1 24 | — | $-126.3M | ||
| Q4 23 | $-1.9M | $-113.7M |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -2690.7% | ||
| Q1 24 | — | -6362.8% | ||
| Q4 23 | -56.6% | -4046.9% |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | — | 815.5% | ||
| Q1 24 | — | 658.5% | ||
| Q4 23 | 0.3% | 653.9% |
| Q3 25 | — | — | ||
| Q2 25 | -0.61× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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% |
SPCE
Segment breakdown not available.
