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HeartSciences Inc. HSCS PHARMA

Healthcare · Medical Devices · United States
https://heartsciences.com
Company Profile ↓
$4.08
+16.24% 1Y
Mkt Cap$19.58M
P/E-1.48
P/B73.24
52W High$4.08
52W Low$1.67
Book Value$0.07
EPS (TTM)$-2.76

Company Overview

HeartSciences Inc., a medical technology company, focuses on advancing electrocardiography (ECG) through the integration of artificial intelligence. It develops artificial intelligence-enhanced electrocardiography (AI-ECG) solutions, an algorithm to detect impaired cardiac relaxation or cardiac dysfunction; MyoVista wavECG device, a resting 12-lead ECG that provides diagnostic information related to cardiac dysfunction, as well as conventional ECG information in the same test; and MyoVista Insights, a cloud-native vendor- and device-agnostic ECG management platform. The company was formerly known as Heart Test Laboratories, Inc. and changed its name to HeartSciences Inc. in October 2024. HeartSciences Inc. was incorporated in 2007 and is headquartered in Southlake, Texas.

Recent Developments

  • Apr 2026 Revenue of $4.32K (-0.7% YoY); net profit $-9.14M.
  • Trailing 12 Months Year-on-year growth — revenue +10.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR -26.0%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-25.96%
1 Year:10.50%

Stock Price Performance

1 Year:+16.24%
6 Months:+53.61%
3 Months:+121.74%
1 Month:+101.98%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 100% of range
$1.67 $4.08
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • Golden Cross5d ago
  • RSI (14)79.43 · Overbought
Price Performance
1M+101.98%
3M+121.74%
6M+53.61%
1Y+16.24%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -26.0% CAGR over 5 years.
  • RSI at 79 suggests overbought conditions.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-1.48
Industry PE
24.83
Forward P/E
-2.33
PEG Ratio
-
Book Value
$0.07
Price to Book
73.24
P/S
5,523.54
EV/EBITDA
-3.05
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-25.96%
Profit 5Y
-
Revenue (YoY)
10.50%
Earnings (YoY)
-

Profitability & Returns

ROCE
-
ROE
-
ROA
-
Profit Margin
0.00%
Op Margin
-
Gross Margin
60.88%
EPS (Latest Qtr)
$-0.85
EPS (TTM)
$-2.76

Balance Sheet & Liquidity

Debt/Equity
17.41
Quick Ratio
0.01
Current Ratio
0.14
Debt
$4.00M
Total Assets
$5.26M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
15.65%
Chg in Prom Hold
-1.56%
FII / Inst Holding
3.20%
Chg in FII Hold
-0.32%

Financial Snapshot

Enterprise Value
$19.58M
Total Revenue (TTM)
$4.52K
EBITDA
$-9.45M
Free Cash Flow
$-2.81M
Operating Cash Flow
$-6.79M
Shares Outstanding
4.80M
Gross Margin
60.88%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HSCS HeartSciences Inc. PHARMA 4.08 -1.48 $19.58M 0.00% - - -25.96% -
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,123.91 37.80 $1.00T 0.60% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 269.12 31.22 $648.55B 1.98% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 248.78 70.48 $439.62B 2.78% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 148.46 118.77 $366.28B 2.31% - 6.96% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 400.84 25.74 $359.79B 2.47% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 137.70 20.80 $261.73B 3.36% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 160.04 23.99 $248.20B 2.00% 15.97% 21.96% 9.82% 45.96%
9 TMO Thermo Fisher Scientific Inc. SPXR3KPHARMA 603.02 32.49 $222.97B 0.29% 8.14% 13.51% 8.81% 12.95%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jul 2021Oct 2021Jan 2022Jul 2022Oct 2022Jan 2023Jul 2023Oct 2023Jan 2024Jul 2024Oct 2024Jan 2025Jul 2025Oct 2025Jan 2026
Revenue 7.48K-2.74K3.20K-1.95K-3.90K14.70K--01.90K2.42K0
Gross Profit 1.73K-1.89K1.16K-1.19K-2.38K10.14K--01.14K1.41K0
Operating Income -674.45K-956.86K-1.10M-1.43M-1.77M-1.31M-1.33M-1.57M-1.53M-2.08M-1.99M-2.37M-1.87M-2.07M-1.93M
Net Income -501.85K-1.03M-1.24M-1.57M-1.81M-1.34M-1.37M-1.75M-1.64M-2.05M-2.08M-2.54M-2.05M-2.35M-1.99M
Diluted EPS -0.15-0.31-0.37-0.28-0.22-0.16-13.23-15.92-3.01-2.64-2.27-2.57-1.58-0.85-
R&D Expense 401.11K545.77K699.01K434.20K848.98K643.26K565.63K757.30K509.51K1.22M1.20M1.03M997.21K727.03K638.58K

Profit & Loss (Annual)

Figures in USD.

Metric Apr 2022Apr 2023Apr 2024Apr 2025Apr 2026
Revenue 14.37K5.15K18.60K4.35K4.32K
Gross Profit 6.48K2.35K12.52K2.47K2.55K
Operating Income -4.71M-6.11M-6.31M-8.35M-8.41M
Net Income -4.83M-6.35M-6.61M-8.77M-9.14M
Diluted EPS -1.45-80.00-18.74-9.34-
R&D Expense 3.00M2.46M2.88M4.39M2.84M

Balance Sheet (Annual)

Figures in USD.

Metric Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025Dec 2025Apr 2026Jun 2026
Total Assets -2.09M3.29M9.50M4.22M4.22M-5.26M
Total Equity -1.91M-6.06M230.56K7.32M205.17K205.17K226.06K226.06K
Cash & Equivalents -918.26K1.66M5.81M1.10M1.10M1.70M1.66M
Total Liabilities -8.15M3.06M2.19M4.02M4.02M-5.04M
Current Liabilities -3.47M1.83M1.75M3.70M3.70M-4.86M

Cash Flows (Annual)

Figures in USD.

Metric Apr 2022Apr 2023Apr 2024Apr 2025Apr 2026
Operating Cash Flow -3.64M-5.77M-6.07M-7.41M-7.43M
Investing Cash Flow -1.93K-18.31K-125.27K-30.19K-44.45K
Financing Cash Flow 3.84M6.53M10.34M2.73M8.03M
Capital Expenditure -1.93K-18.31K-64.45K-3.16K-3.55K
Free Cash Flow -3.65M-5.79M-6.13M-7.42M-7.43M

Ratios (Annual)

Figures in %.

Metric Apr 2022Apr 2023Apr 2024Apr 2025Apr 2026
Gross Margin % 45.1%45.7%67.3%56.8%59.1%
Operating Margin % -32,765.6%-118,698.3%-33,902.0%-192,013.1%-194,787.4%
Net Margin % -33,592.6%-123,384.3%-35,511.9%-201,499.5%-211,666.5%
ROE % 79.7%-2,756.1%-90.3%-4,272.2%-4,044.0%
ROCE % 341.0%-420.3%-81.4%-1,607.2%-

Shareholding Pattern

Insiders
15.65%
Institutions
3.20%
Public Float
3.80%

Top Institutional Holders

#Holder% HeldSharesValue
1 TFB Advisors LLC 0.62% 29.74K $154.65K
2 Geode Capital Management, LLC 0.48% 23.05K $119.85K
3 Astoria Strategic Wealth, Inc. 0.39% 18.93K $98.42K
4 Vanguard Capital Management LLC 0.37% 17.97K $93.43K
5 Vanguard Fiduciary Trust Co 0.36% 17.24K $89.64K
6 Tradition Wealth Management, LLC 0.35% 16.82K $87.46K
7 Citadel Advisors Llc 0.30% 14.49K $75.34K
8 Citigroup Inc. 0.12% 5.86K $30.47K
9 UBS Group AG 0.12% 5.81K $30.22K
10 Tower Research Capital LLC (TRC) 0.03% 1.57K $8.15K

Analyst View

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Latest News

Recent headlines for HSCS

Google News hu, 28 May 2026

HSCS - HeartSciences Inc Stock Price and Quote - Finviz

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Google News ue, 18 Aug 2026

DCG stake sets up voting control of HeartSciences (HSCS) - Stock Titan

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Google News ue, 23 Jun 2026

Fortitude and HeartSciences (Nasdaq: HSCS) Announce Business Combination, Aiming to Bring a Leading Vertically-Integrated Zcash Mining Platform to the Public Markets - Business Wire

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Google News ue, 23 Jun 2026

HeartSciences Surges on Planned Merger With Zcash Mining Platform Fortitude | HSCS Stock News - Quiver Quantitative

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Google News ue, 23 Jun 2026

HSCS Stock Pops As European Patent Expands AI Heart Tech - StocksToTrade

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Google News ue, 21 Oct 2025

Should I buy HeartSciences Inc. (HSCS) - Zacks Investment Research

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HSCS — Frequently Asked Questions

What is the current share price of HeartSciences Inc. (HSCS)?

As of 2026-09-19 21:16 PDT, HeartSciences Inc. (HSCS) trades at $4.08 on NasdaqCM. Its 52-week range is $1.67 to $4.08.

What is the market capitalisation of HSCS?

HeartSciences Inc. (HSCS) has a market capitalisation of $19.58M on NasdaqCM.

What is the P/E ratio of HSCS?

HSCS trades at a trailing price-to-earnings (P/E) ratio of -1.48. The industry average P/E is 24.83. Its price-to-book (P/B) ratio is 73.24.

Is HSCS a good stock to buy?

This page provides a data-driven analysis of HeartSciences Inc. (HSCS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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