Healthcare Triangle, Inc. HCTI

Technology SIC 7373 - Services-Computer Integrated Systems Design NAICS Professional, Scientific, and Technical Services › Computer Systems Design and Related Services › Computer Systems Design Services derived Nasdaq

Last close 0.34 2026-10-23
Market cap $5.0M 2026-06-30 share count
52-week range 0.33 - 188.40

Valuation FY2025 figures against the last close

P/S0.4x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-152.30

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue $13.9M$11.7M$33.2M$45.9M$35.3M$31.3M—
Cost of revenue $12.0M$8.8M$26.4M$34.6M$24.7M$22.8M—
Gross profit $1.24B$1.07B$1.07B$11.3M$10.5M$8.6M—
R&D $536.0K$429.0K$799.0K$8.1M$5.3M$1.7M—
SG&A $7.3M$4.0M$5.7M$5.5M$0$2.4M—
Total operating expenses $11.7M$7.6M$14.5M$27.6M$15.9M——
Operating income -$9.8M-$4.8M-$7.7M-$16.3M-$5.4M$1.2M—
Interest expense $567.0K$1.2M$968.0K$212.0K$567.0K$78.6K—
Pre-tax income -$9.5M-$6.0M-$8.7M-$13.9M-$5.9M$2.6M—
Income tax —$12.0K$35.0K$506.0K$24.0K$257.4K—
Net income -$9.5M-$6.0M-$8.7M-$14.4M-$5.9M$2.4M—
EPS, basic -152.30-16,909.30-2.08-3.88-0.200.08—
EPS, diluted -152.30-16,909.30-2.08-3.88-0.200.08—
Shares, diluted (wtd. avg.) 61,8733534.2M3.7M29.4M27.9M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $7.6M$20.0K$1.2M$1.3M$1.8M$1.4M$974.8K
Receivables $2.1M$1.1M$3.6M$5.9M$9.7M$6.4M—
Total current assets $13.2M$1.5M$5.7M$8.0M$11.8M$8.0M—
Property, plant and equipment $5.0K$12.0K$44.0K$80.0K$74.0K$15.8K—
Goodwill $2.9M——$1.3M$1.3M——
Other intangibles $2.8M—$857.0K$4.1M$10.5M$2.6M—
Total assets $22.7M$2.0M$6.9M$13.3M$24.6M$11.1M—
Accounts payable $744.0K$2.5M$2.0M$1.5M$1.9M$4.3M—
Short-term debt $10.7M$2.6M$3.8M$2.7M$2.2M——
Total current liabilities $12.8M$7.1M$8.2M$6.6M$6.3M$6.8M—
Total liabilities —$7.1M$8.2M$7.2M$8.5M$6.8M—
Retained earnings -$43.0M-$33.6M-$27.6M-$18.9M-$2.7M——
Total equity $9.9M-$5.1M-$1.4M$6.0M$14.2M$4.3M$2.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$16.5M-$1.1M-$2.2M-$5.4M-$7.1M-$734.7K—
Depreciation and amortisation $705.0K$889.0K$1.6M$2.9M$1.4M$803.2K—
Stock-based compensation $451.0K$87.0K$166.0K$257.0K———
Capital expenditure $6.0K—$12.0K$40.0K———
Investing cash flow -$1.8M—-$12.0K-$1.1M-$7.6M-$477.5K—
Financing cash flow $25.9M-$133.0K$2.1M$6.1M$15.1M$1.6M—
Buybacks ———$141.0K———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-044671.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B Revenue, FY2020: 31.3M Gross profit, FY2020: 8.6M Net income, FY2020: 2.4M Revenue, FY2021: 35.3M Gross profit, FY2021: 10.5M Net income, FY2021: -5.9M Revenue, FY2022: 45.9M Gross profit, FY2022: 11.3M Net income, FY2022: -14.4M Revenue, FY2023: 33.2M Gross profit, FY2023: 1.1B Net income, FY2023: -8.7M Revenue, FY2024: 11.7M Gross profit, FY2024: 1.1B Net income, FY2024: -6M Revenue, FY2025: 13.9M Gross profit, FY2025: 1.2B Net income, FY2025: -9.5M FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $31.3M $35.3M $45.9M $33.2M $11.7M $13.9M
Gross profit — $8.6M $10.5M $11.3M $1.07B $1.07B $1.24B
Net income — $2.4M -$5.9M -$14.4M -$8.7M -$6.0M -$9.5M

Recent filings and events

  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Unregistered share sale Item 3.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Material agreement signed Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Unregistered share sale Item 3.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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