Heart Test Laboratories Inc. Common Stock

Heart Test Laboratories Inc. Common Stock

HSCS · NASDAQ · Healthcare / Medical Devices

2.13USD-0.13 (-5.97%)

Price History

Full chart

Market Stats

Previous Close2.26
Open2.21
Day Range2.09 – 2.31
52-Week Range1.63 – 5.25
Volume33.41K
Market Cap22.22M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.76
Dividend Yield0.00%
Beta1.86
50-Day Avg2.95
200-Day Avg2.62

About

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.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Andrew Simpson
  • Employees14
  • Headquarters550 Reserve Street, Southlake, TX, United States, 76092, USA
  • Websitehttps://heartsciences.com

Leadership

  • Mr. Andrew SimpsonCEO, President & Chairman of the Board of Directors · b. 1969
  • Ms. Danielle WatsonCFO & Treasurer · b. 1982

Financials

Income Statement

Currency: USD2020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Revenue64.18K25.60K14.37K5.15K18.60K4.35K4.32K
Growth (%)--60.11%-43.86%-64.17%+261.17%-76.61%-0.71%
Cost of Revenue110.29K44.28K34.46K29.71K101.21K129.84K133.12K
Gross Profit-46.10K-18.67K-20.08K-24.56K-82.61K-125.48K-128.80K
Gross Margin-71.83%-72.93%-139.73%-476.91%-444.16%-2884.71%-2982.15%
Operating Expense3.77M2.55M4.69M6.09M6.22M8.23M8.28M
Operating Income-3.82M-2.57M-4.71M-6.11M-6.31M-8.35M-8.41M
Operating Margin-5949.00%-10030.18%-32765.60%-118698.33%-33901.99%-192013.10%-194787.38%
EBITDA-3.74M-2.29M-4.43M-6.08M-6.16M-8.22M-8.41M
EBITDA Margin-5834.15%-8928.71%-30822.19%-118139.83%-33096.75%-189071.61%-194787.38%
Net Income-3.81M-2.45M-4.83M-6.35M-6.61M-8.77M-9.14M
Net Income Margin-5937.99%-9577.29%-33592.57%-123384.27%-35511.87%-201499.52%-211666.47%
R&D2.04M1.71M3.00M2.46M2.88M4.39M2.84B
R&D as % of Total Revenue3178.81%6672.58%20883.13%47783.84%15476.10%100830.00%65733086.36%
Interest Expense2.81K132.45K371.62K243.17K354.08K500.45K753.04K
Interest Expense % of Total Revenue4.38%517.32%2585.54%4721.83%1903.66%11504.67%17435.54%

Balance Sheet

Currency: USD2020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Total Assets1.96M1.93M2.09M3.29M9.50M4.22M5.26B
Total Liabilities1.64M3.84M8.15M3.06M2.19M4.02M5.04B
Total Equity315.55K-1.91M-6.06M230.56K7.32M205.17K225.53M
Cash496.85K723.48K918.26K1.66M5.81M1.10M1.66B
Total Debt942.71K3.08M6.16M1.57M1.04M2.99M3.94B
Net Debt445.86K2.36M5.24M-94.60K-4.77M1.89M2.28B

Cash Flow

Currency: USD2020-04-302021-04-302022-04-302023-04-302024-04-302025-04-302026-04-30
Operating Cash Flow-3.84M-2.45M-3.64M-5.77M-6.07M-7.41M-7.43M
Investing Cash Flow8.17K-712-1.93K-18.31K-125.27K-30.19K-44.45K
Financing Cash Flow1.81M2.68M3.84M6.53M10.34M2.73M8.03M
Capital Expenditure11.42K7121.93K18.31K125.27K30.19K44.45K
Free Cash Flow-3.85M-2.45M-3.65M-5.79M-6.20M-7.44M-7.47M
FCF to OCF100.30%100.03%100.05%100.32%102.06%100.41%100.60%

Earnings

Report DateJul 29, 2022Sep 12, 2022Dec 15, 2022Mar 16, 2023Jul 19, 2023Sep 14, 2023Dec 14, 2023Mar 14, 2024Jul 17, 2024Sep 12, 2024Dec 16, 2024Mar 13, 2025Jul 24, 2025Sep 11, 2025Dec 15, 2025Mar 16, 2026Jul 23, 2026Sep 14, 2026
EPS Estimate--18.00-28.50-18.33-0.16-14.00-12.00-6.00-3.00-2.31-2.33-2.31-2.14-1.87-1.27-0.88-0.73-0.78
EPS Actual-0.35-19.25-22.00-16.00-0.21-13.00-16.00-3.00-18.81-2.64-2.27-2.57-1.88-1.58-0.85-0.63-0.88-0.86
Surprise--6.94%22.81%12.71%-31.25%7.14%-33.33%50.00%-527.00%-14.29%2.58%-11.26%12.15%15.51%33.07%28.41%-20.55%-10.26%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap22.22M
Enterprise Value25.91M
Trailing P/E0.00
Forward P/E0.00
Price / Sales4918.08
Price / Book70.85
EPS-2.76
Book Value0.071
Revenue (TTM)4.52K
Gross Profit (TTM)2.75K
EBITDA-9.45M
Profit Margin0.00%
Operating Margin-139956.68%
Return on Equity-1851.90%
Return on Assets-116.44%
Shares Outstanding4.80M
Shares Float3.62M
Beta1.86
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 10.00
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
3.20%
Insiders
15.65%
Retail / Other
81.15%

Top Institutional Holders

  • DRW Securities, LLC
    76.45K1.70%
  • TFB Advisors LLC
    29.74K0.66%
  • Geode Capital Management, LLC
    28.94K0.64%
  • Vanguard Capital Management, LLC
    17.97K0.40%
  • Vanguard Fiduciary Trust Co
    17.24K0.38%
  • Tradition Wealth Management LLC
    16.82K0.37%
  • Citadel Advisors Llc
    14.49K0.32%
  • UBS Group AG
    6.48K0.14%
  • Tower Research Capital LLC
    2.05K0.05%
  • Federation des caisses Desjardins du Quebec
    7000.02%
  • Allied Private Wealth LLC
    1200.00%
  • Advisor Group Holdings, Inc.
    500.00%
  • Wells Fargo & Co
    250.00%
  • Financial Management Professionals Inc
    20.00%
  • Advisory Services Network, LLC
    00.00%
  • Bank of America Corp
    00.00%

Top Fund Holders

  • Fidelity Extended Market Index
    15.97K0.35%
  • Fidelity Series Total Market Index
    2.69K0.06%
  • Fidelity Total Market Index
    2.25K0.05%

Stock Splits

  • May 17, 20241:100