General Information

We are a leading software development company based in Tokyo, Japan. We provide software through two business units. The first business unit includes a customer experience management business that has been in existence for 12 years. Our customer experience management platform (the “CXM Platform”) includes marketing, sales, service and content management systems, as well as other tools and integrations, that enable companies to attract and engage customers throughout the customer experience. We also provide education, services and support to help customers be successful with our CXM Platform.

The second business unit is a digital transformation business which provides customers with robotics process automation, process mining and task mining to accelerate the digital transformation of enterprises. We also have an ongoing technology innovation team to develop software that supports the narrow needs of large enterprise customers.

We have a large and diversified customer base. No customer or channel partner accounted for more than 10% of our revenue for the year ended Dec. 31, 2020, or nine months ended Sept. 30, 2021. As of Sept. 30, 2021, our combined business units (customer experience management business unit and digital transformation business unit) had 819 total customers of varying sizes, including Sony, Panasonic, Bridgestone, Toyota and Honda.

(Note: HeartCore Enterprises priced its IPO on Feb. 9, 2022, at $5 – the mid-point of its $4- to-$6 price range, which had been cut recently from its initial level of $5 to $7 on 2.5 million shares. HeartCore priced 3.0 million shares, the number in the amended prospectus, at $5 on Wednesday night (Feb. 9) to raise $15.0 million.)

Employees: 14
Founded: 2009
Contact Information
Address 1-2-33, Higashigotanda, Shinagawa-ku Tokyo, Japan
Phone Number +81-3-6409-6966
Web Address http://www.heartcore.co.jp/
Financial Information
Market Cap $94.6mil
Revenues $10.82 mil (last 12 months)
Net Income $0.66 mil (last 12 months)
IPO Profile
Symbol HTCR
Exchange NASDAQ
Shares (millions): 3.0
Price range $5.00 - $5.00
Est. $ Volume $15.0 mil
Manager / Joint Managers Boustead Securities
CO-Managers -
Expected To Trade: 2/10/2022
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change