HeartSciences Inc.

HeartSciences Inc.

HSCS
HeartSciences Inc.US flagNASDAQ Capital Market
2.07
USD
+0.04
- -
4.49MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.8
0.32
0.18
0.06
0.05
- -
- -
Basic EPS, GAAP
-47.39
-30.49
-59.52
-79.92
-18.74
-9.34
-3.51
Free Cash Flow per Basic Share
-47.89
-30.5
-44.95
-72.85
-17.57
-7.93
-3.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-585.89
-616.38
-670.6
-764.18
-191.09
-81.14
-34.16
Tangible Book Value per Share
3.92
-23.75
-74.66
2.9
16.25
-1.5
0.22
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
1
2
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
-5,949
-10,030.18
-32,765.6
-118,698.33
-33,901.99
-192,013.13
-89,939.57
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-4
-2
-5
-6
-7
-9
-8
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-5,937.99
-9,577.29
-33,592.57
-123,384.27
-35,511.87
-201,499.52
-97,880.97
Working Capital
- -
1
-2
1
6
-2
1
LT Debt
- -
3
4
1
- -
- -
1
Total Equity
- -
-2
-6
- -
7
- -
3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
ST Debt
2
1
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
3
3
Market Capitalization
3
5
8

Working Capital

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
Total Current Assets
4
4
5
Cash, Cash Equivalents & STI
3
2
3
Accounts Receivable, Net
- -
- -
- -
Inventories
1
1
1
Total Current Liabilities
3
2
4
Payables & Accruals
1
1
1
ST Debt
2
1
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
476.94%
-97.2%
Free Cash Flow
- -
19.66%
20.14%
Net Income, GAAP
- -
25.9%
32.7%
Sales/Revenue/Turnover
- -
3.28%
-76.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-13.23
-15.92
-3.01
- -
-18.74
2025
-2.64
-2.27
-2.57
- -
-9.34
2026
-1.58
-0.85
-0.63
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Andrew Simpson
Full Time Employees
15
Sector
Healthcare
Industry
Medical - Devices
Address
550 Reserve Street Southlake TX United States of America 76092-1552
IPO Date
Jun 16, 2022
Business
HeartSciences Inc. is a medical technology company specializing in artificial intelligence (AI)-powered electrocardiography (ECG) solutions to enable earlier detection of heart disease. Its core products include the MyoVista wavECG device, a resting 12-lead electrocardiograph that utilizes AI and continuous wavelet transform (CWT) signal processing to provide diagnostic information on left ventricular diastolic dysfunction and other cardiac conditions; MyoVista Insights, a cloud-native software platform that hosts AI-ECG algorithms on an ECG hardware-agnostic basis; and proprietary AI algorithms designed to detect cardiac dysfunction including impaired cardiac relaxation and structural heart disease. HeartSciences’ technology aims to expand the clinical utility of traditional ECG testing, particularly in frontline and point-of-care settings. Founded in 2007 and headquartered in Southlake, Texas, HeartSciences operates primarily in the United States within the healthcare and medical device sectors. The company targets healthcare providers and institutions requiring advanced diagnostic tools to identify heart disease earlier and more accurately. Recent major developments include receiving FDA Breakthrough Device designation for its aortic stenosis detection ECG algorithm; nearing submission for FDA 510(k) clearance of the MyoVista wavECG device; launching the MyoVista Insights cloud platform in 2025 to modernize ECG data management; securing CMS reimbursement approval at $128 per AI-ECG test; expanding its intellectual property portfolio to 44 granted patents globally; and strategically advancing commercialization efforts with expectations for revenue generation in 2026 pending regulatory approvals. The company was formerly known as Heart Test Laboratories, Inc. until its name change in October 2024.

Company News

APIChat
  • HeartSciences Launches MyoVista Insights™ Version 1.3 with AI-ECG Algorithm Marketplace and First FDA-Cleared Algorithm

  • HeartSciences Signs Commercial Agreement with North Shore Health, the First Hospital Deployment from the Cibolo Health Network

  • HeartSciences Signs First SaaS Revenues Agreement following full launch of MyoVista Insights™

  • Analyzing Rennova Health (OTCMKTS:RNVA) & HeartSciences (NASDAQ:HSCS)

  • HeartSciences Reminds Its Shareholders to Submit Their Vote at the Upcoming April 30, 2026, Annual Shareholders Meeting

  • Comparing 10x Genomics (NASDAQ:TXG) and HeartSciences (NASDAQ:HSCS)

  • Hinge Health (NYSE:HNGE) versus HeartSciences (NASDAQ:HSCS) Financial Analysis

  • HeartSciences' MyoVista Insights™ Receives Epic Toolbox Designation for ECG Management System Category

  • HeartSciences to Present at Investor Summit Group Virtual Conference and Host Virtual One on One Investor Meetings

  • HeartSciences Reports Fiscal Third Quarter 2026 Financial Results and Provides Business Update

  • University of West England Adopts HeartSciences' MyoVista Insights™ Platform and MyoVista® wavECG™ Device to Establish ECG Education and Technology Reference Center

  • Cibolo Health Designates HeartSciences' MyoVista Insights™ as Endorsed ECG Management Platform for Network of 123 Independent Hospitals

  • HeartSciences (NASDAQ:HSCS) & Health Catalyst (NASDAQ:HCAT) Critical Analysis

  • Market Today: Ford axes Lightning, iRobot bankrupt, Nvidia-China chips

  • HeartSciences Reports Fiscal Second Quarter 2026 Financial Results and Provides Business Update

  • HeartSciences Announces FDA 510(k) Submission for MyoVista® wavECG™ Device

  • HeartSciences Announces Major Upgrade to User Features of MyoVista Insights Platform with Commercial Launch Version 1.1

  • HeartSciences (HSCS) to Release Quarterly Earnings on Monday

  • Reviewing Hims & Hers Health (NYSE:HIMS) and HeartSciences (NASDAQ:HSCS)

  • HeartSciences (NASDAQ:HSCS) and Bullfrog AI (NASDAQ:BFRG) Critical Analysis