HeartSciences Inc. HSCS
- Market cap
- $23.9M
- P/E
- 0.0×
Follow HSCS
Target Price Range
Analyst price targets
Free account| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | 78.00 | 14.50 | 2.36 | 2.01 | 1.63 |
Analyst estimates 2027–2029 Powerpack |
Low Price
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| — | — | — | — | — | 600.00 | 395.00 | 18.50 | 6.47 | 5.25 |
High Price
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| — | — | — | — | 13 | 12 | 12 | 15 | 15 | 14 |
Employees
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| — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue
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| — | — | — | (71.81%) | 58.20% | 45.14% | 46.15% | 67.20% | 56.82% | 60.47% |
Gross Margin
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| — | — | — | (4) | (2) | (5) | (6) | (7) | (9) | (9) |
EBT
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| — | — | — | (5,936.29%) | (9,578.91%) | (33,529.86%) | (122,198.08%) | (35,511.83%) | (199,209.09%) | (212,602.33%) |
EBT Margin
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| — | — | — | (4) | (2) | (5) | (6) | (7) | (9) | (9) |
Net Income
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| — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Depreciation
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| — | — | — | 0.01 | 0.77 | 0.43 | 0.07 | 0.05 | 0.00 | 0.00 |
Revenue/Sh
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| — | — | — | (0.47) | (74.00) | (145.48) | (80.00) | (19.00) | (9.34) | (3.48) |
Earnings/Sh
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| — | — | — | (0.48) | (74.09) | (109.76) | (72.62) | (17.22) | (7.90) | (2.83) |
Cash Flow/Sh
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| — | — | — | 0.00 | (0.02) | (0.06) | (0.23) | (0.36) | (0.03) | (0.02) |
Capex/Sh
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| — | — | — | (0.48) | (74.11) | (109.82) | (72.85) | (17.58) | (7.93) | (2.85) |
Free CF/Sh
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| — | — | — | 0.04 | (57.69) | (182.40) | 2.90 | 20.76 | 0.22 | 0.09 |
Book Value/Sh
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| — | — | — | 8 | 0 | 0 | 0 | 0 | 1 | 3 |
Shares
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| — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PE Ratio
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| — | — | — | 0.00 | 0.00 | 0.00 | 722.34 | 157.43 | 159.88 | 223.56 |
PS Ratio
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| — | — | — | 0.00 | 0.00 | 0.00 | 29.18 | 0.44 | 16.08 | 22.73 |
PB Ratio
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| — | — | — | 0.00 | 0.00 | 0.00 | 654.49 | (27.48) | 182.35 | 235.63 |
EV/Sales
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| — | — | — | (2.58) | (2.58) | (2.58) | (1.05) | 0.09 | (0.50) | (0.72) |
EV/FCF
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| — | — | — | (4) | (2) | (4) | (6) | (6) | (7) | (7) |
Op' Cash Flow
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| — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Capex
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| — | — | — | (4) | (2) | (4) | (6) | (6) | (7) | (7) |
FCF
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| — | — | — | 0 | 1 | (2) | 1 | 6 | (2) | (2) |
Working Cap'
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| — | — | — | 1 | 3 | 6 | 1 | — | — | — |
Total Debt
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| — | — | — | 0 | 2 | 5 | (1) | (6) | (1) | (2) |
Net Debt
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| — | — | — | 0 | (2) | (6) | 0 | 7 | 0 | 0 |
Sh' Equity
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| — | — | — | 0.00% | (126.29%) | (240.41%) | (236.37%) | (103.28%) | (127.72%) | (192.75%) |
ROA
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| — | — | — | 0.00% | (1,369.82%) | 0.00% | 0.00% | (261.05%) | 0.00% | 0.00% |
ROIC
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| — | — | — | 0.00% | 307.49% | 121.22% | 218.13% | (175.04%) | (233.06%) | (4,252.05%) |
ROE
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HeartSciences Inc. peers in Medical Devices
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|---|---|---|---|
| ARAY Accuray Incorporated | $27.8M | 0.0× | Compare |
| LFWD Lifeward Ltd. | $19.7M | 0.0× | Compare |
| PAVM PAVmed Inc. | $31.0M | 0.0× | Compare |
| NSYS Nortech Systems Incorporated | $32.1M | 30.5× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MODD Modular Medical, Inc. | $17.7M | 0.0× | Compare |
| NSPR InspireMD, Inc. | $32.5M | 0.0× | Compare |
| BDMD Baird Medical Investment Holdings Limited | $32.9M | 0.0× | Compare |
| ALUR Allurion Technologies, Inc. | $16.7M | 0.0× | Compare |
HeartSciences Inc. (HSCS) key facts
- HeartSciences Inc. (HSCS) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
- HeartSciences Inc.’s revenue for fiscal 2026 (year ended April 2026) was $4,300.00, down 2.27% from fiscal 2025.
- As of September 25, 2026, HSCS traded at $4.73, a market capitalization of $23.9 million.
- Return on equity was −4,252.1% and debt-to-equity 0.00.
HeartSciences Inc. (HSCS) Latest News
15 Sep
HeartSciences Inc. reported fiscal first quarter 2027 financial results and issued a business update. Quarterly financial results and business updates can moderately shift near-term stock valuation and sentiment.
19 Aug
Fortitude invests $1.0 million in HeartSciences at a 22% premium with no adjustment to the merger consideration. $1 million investment at premium supplies capital while leaving merger terms intact.
29 Jul
HeartSciences files preliminary proxy statement for business combination with Fortitude Mining Holdings, provides business update, and reports fiscal 2026 financial results. Business combination filing marks major strategic restructuring with strong potential to reshape company trajectory and investor outlook.
23 Jun
Zcash miner Fortitude merges with HeartSciences Inc. (HSCS) to go public. Merger enables HeartSciences to facilitate public listing for cryptocurrency mining operations.
Fortitude and HeartSciences (Nasdaq: HSCS) announce a business combination to create a publicly traded leading vertically-integrated Zcash mining platform. Business combination with Fortitude enables HeartSciences to launch a vertically-integrated Zcash mining platform in public markets, representing a major strategic shift with potential to alter company trajectory and investor sentiment.
11 Jun
HeartSciences Inc. received a European patent for ECG-based assessment of diastolic function, expanding its granted patent portfolio beyond 45. Patent addition strengthens IP position and may support future product development but lacks direct near-term revenue or operational impact.
2 Jun
HeartSciences Inc. launches MyoVista Insights Version 1.3, introducing an AI-ECG algorithm marketplace and its first FDA-cleared algorithm. FDA-cleared algorithm launch and marketplace addition strengthens product offering and regulatory standing.
5 May
HeartSciences Inc. (HSCS) signs first SaaS revenues agreement following full launch of MyoVista Insights™. First SaaS revenue agreement post-product launch signals key commercialization progress and potential revenue growth for HSCS.
25 Mar
HeartSciences Inc. announces MyoVista Insights™ has received Epic Toolbox Designation in the ECG Management System category, enabling integration with Epic's electronic health record systems used by thousands of healthcare providers. Epic Toolbox Designation facilitates seamless integration into Epic's dominant EHR ecosystem, unlocking substantial market access and sales opportunities for HeartSciences' ECG technology.
16 Mar
HeartSciences Inc. (HSCS) reported fiscal third quarter 2026 financial results and provided a business update. Quarterly financial results affect key financial performance metrics and investor sentiment.
5 Feb
The University of West England has adopted HeartSciences’ MyoVista Insights™ platform and MyoVista® wavECG™ device to create an ECG education and technology reference center. This initiative aims to enhance training and research in electrocardiography, leveraging advanced technology to improve educational outcomes in the field. Establishing a reference center for ECG education using HeartSciences' technology is likely to enhance the company's market presence and credibility significantly.
29 Jan
Cibolo Health has officially designated HeartSciences’ MyoVista Insights™ as the endorsed ECG management platform for its network of 123 independent hospitals. This endorsement is expected to enhance the integration of MyoVista Insights™ within the healthcare facilities, potentially improving patient care and operational efficiency. The endorsement by Cibolo Health represents a significant strategic move that could enhance HeartSciences' market position and investor sentiment.
15 Dec
HeartSciences Inc. has submitted a 510(k) application to the FDA for its MyoVista® wavECG™ device, which is designed to enhance the detection of heart conditions. This submission marks a significant step in the regulatory process for the innovative technology aimed at improving cardiac care. The company aims to bring this device to market to address unmet needs in heart disease diagnosis. The FDA submission for the MyoVista® wavECG™ device represents a major strategic move that could significantly impact HeartSciences' market position and investor sentiment.
HeartSciences Inc. (HSCS) reported its fiscal second quarter 2026 financial results, highlighting key metrics such as revenue growth and operational advancements. The company provided updates on its product pipeline and strategic initiatives aimed at enhancing market presence. Management expressed optimism about future prospects and ongoing projects, indicating a commitment to innovation in cardiac diagnostics. The financial results and updates on product initiatives suggest a moderate influence on the company's performance and market positioning.
11 Dec
HeartSciences Inc. has announced the commercial launch of version 1.1 of its MyoVista Insights Platform, featuring significant upgrades to user functionalities. This enhanced platform aims to improve user experience and streamline operations, reflecting the company's commitment to innovation in cardiac diagnostics. The launch of an upgraded platform is a significant strategic move that could enhance competitive positioning and investor sentiment.
21 Oct
HeartSciences Inc. (HSCS) is showing signs of potential recovery, with analysts suggesting that the stock may be nearing a bottom. Factors contributing to this outlook include recent market trends, company developments, and favorable conditions that could enhance investor sentiment. The stock's current valuation presents an attractive buying opportunity for investors looking to capitalize on its anticipated rebound. The stock's potential recovery and favorable market conditions could significantly alter investor sentiment and the company's trajectory.
11 Sep
HeartSciences Inc. (HSCS) provided a business update and reported its financial results for the first quarter of fiscal 2026. The company highlighted key developments in its operations and financial performance, indicating progress in its strategic initiatives and product offerings. The report included insights into revenue growth and future outlook, reflecting the company's ongoing efforts to enhance its market position and drive innovation in cardiac diagnostic solutions. The financial results and business update indicate moderate progress that may influence the company's performance but are not expected to drastically change its trajectory.
15 Aug
HeartSciences Inc. (HSCS) announced its participation in upcoming conferences and an investor webinar aimed at discussing its innovative cardiac diagnostic technology. The company aims to engage with investors and stakeholders to provide insights into its growth strategy and product developments. Participation in conferences and webinars can enhance investor relations and market visibility, potentially influencing future performance.
24 Jul
HeartSciences Inc. reported its fiscal 2025 financial results, highlighting significant advancements in AI-powered ECG technology. The company launched the MyoVista Insights software platform, aimed at modernizing ECG management and integrating AI algorithms. The MyoVista wavECG device is nearing FDA submission, aligning with new guidelines for evaluating cardiac dysfunction. CMS approved reimbursement for AI-ECG algorithms, and HeartSciences expanded its patent portfolio. Despite reporting no meaningful revenue for fiscal 2025, the company raised $3.1 million through a Reg A+ offering and converted $0.9 million of debt into equity, strengthening its balance sheet. The launch of new products and regulatory advancements are likely to significantly impact HeartSciences' future performance and market position.
5 Jun
HeartSciences (HSCS) has received Breakthrough Device designation from the FDA for its AI-driven Aortic Stenosis ECG algorithm, which detects moderate-to-severe aortic stenosis. Once FDA-cleared, the algorithm will be available via the MyoVista Insights cloud platform, integrating with hospital electronic health records without needing extra hardware. Key benefits include detection in asymptomatic patients, real-time analysis of existing ECG data, and improved access to early diagnosis in underserved areas. The FDA's Breakthrough Device designation is a significant regulatory milestone that could enhance HeartSciences' market position and product adoption.
4 Jun
HeartSciences Inc. has received FDA Breakthrough Device Designation for its MyoVista Insights AI-ECG algorithm, which is designed to detect aortic stenosis. This designation is expected to expedite the development and review process, potentially enhancing the algorithm's market entry and adoption. FDA Breakthrough Device Designation can significantly accelerate product development and market positioning.
3 Jun
HeartSciences Inc. has been granted a foundational US patent for estimating heart function measures using ECG, enhancing its intellectual property portfolio. The company now holds 10 US patents and 34 international patents, reinforcing its position in the AI-ECG field. CEO Andrew Simpson emphasized the significance of this patent in establishing HeartSciences as a key player in the emerging market. The company aims to improve ECG's clinical utility, particularly in point-of-care settings, with its MyoVista® product candidate designed to provide diagnostic information related to cardiac dysfunction. The patent grant significantly strengthens HeartSciences' competitive position and potential for product innovation in the AI-ECG market.
30 May
HeartSciences Inc. has signed its first customer for the MyoVista Insights platform, marking a significant milestone for the company. This platform is designed to enhance cardiac diagnostics and improve patient outcomes. The partnership is expected to drive adoption of the MyoVista technology in clinical settings, potentially expanding HeartSciences' market presence and revenue streams. Securing the first customer for the MyoVista Insights platform is a major strategic move that could significantly enhance market positioning and investor sentiment.
29 May
HeartSciences Inc. has signed its first commercial customer for the MyoVista Insights™ platform, Westcliffe Health Innovations in the UK. This partnership aims to enhance access to ECGs within the NHS, particularly in areas with high cardiovascular disease rates. MyoVista Insights is a cloud-native ECG management system designed to improve clinical decision-making and operational efficiency. The collaboration with Westcliffe positions it as a key reference site for HeartSciences in the UK market, marking a significant step in the company's commercial journey. The partnership with Westcliffe Health Innovations represents a major strategic move that could significantly enhance HeartSciences' market presence and product adoption in the UK.
20 May
HeartSciences Inc. (Nasdaq:HSCS) announced that CEO Andrew Simpson will present at the Emerging Growth Conference 82 on May 21, 2025. The virtual event will include a live Q&A session, providing insights into the company's AI-ECG platform aimed at enhancing heart disease detection. Simpson will also discuss a current Regulation A investment opportunity for qualified investors. HeartSciences focuses on improving ECG technology to enhance clinical utility and patient outcomes, with its MyoVista® wavECG™ product candidate seeking FDA clearance. The presentation and investment opportunity could significantly influence investor sentiment and the company's market positioning.
8 May
HeartSciences Inc. (Nasdaq:HSCS) will host a live investor webinar on May 14, 2025, at 2:00 p.m. EDT, featuring CEO Andrew Simpson. The webinar will provide insights into the company's AI-ECG platform aimed at enhancing heart disease detection. Simpson will also discuss a current Regulation A investment opportunity for qualified investors. HeartSciences focuses on improving ECG clinical utility through AI technology, with its MyoVista® wavECG™ product candidate designed to provide diagnostic information related to cardiac dysfunction. The company aims to make ECGs a more valuable cardiac screening tool. The webinar and investment opportunity could significantly influence investor sentiment and the company's market positioning.
7 May
HeartSciences Inc. (Nasdaq:HSCS) has appointed Dr. Girish Nadkarni, Dr. Joshua Lampert, and Dr. Akhil Vaid to its Scientific Advisory Board, enhancing its focus on AI-driven ECG technology for early heart disease detection. CEO Andrew Simpson emphasized their expertise in cardiology and AI as crucial for advancing cardiac care. Dr. Nadkarni is a leader in AI and precision medicine, while Dr. Lampert specializes in cardiac arrhythmias and machine learning applications. Dr. Vaid focuses on AI in healthcare, particularly in cardiology. HeartSciences aims to improve ECG utility and has developed the MyoVista® wavECG™, which seeks FDA clearance. The appointments of prominent advisors and advancements in AI-ECG technology are likely to significantly impact HeartSciences' strategic direction and market positioning.
1 May
HeartSciences Inc. has launched the MyoVista Insights™ platform, a cloud-native ECG Management System aimed at improving clinical decision-making and healthcare IT efficiency. The platform integrates AI-ECG algorithms and offers features that streamline ECG workflows while reducing costs for healthcare providers. It is designed to be vendor-agnostic and includes a standardized ECG reporting protocol. The company is initiating an early adopter program to gather feedback from healthcare organizations. MyoVista Insights is built on a secure AWS technology stack and aims to enhance the clinical value of ECGs by identifying patients needing further cardiac testing earlier. The launch of the MyoVista Insights platform represents a significant strategic move that could enhance HeartSciences' competitive position and market performance.
13 Mar
HeartSciences Inc. (HSCS) provided a business update and reported its financial results for the third quarter of fiscal 2025. The company highlighted key developments, including advancements in its product offerings and strategic initiatives aimed at enhancing market presence. Financial results showed trends in revenue and expenses, reflecting the company's ongoing efforts to improve operational efficiency and drive growth. Management expressed optimism about future prospects and outlined plans for upcoming quarters. Financial results and strategic initiatives indicate a moderate influence on the company's performance and market positioning.
10 Mar
HeartSciences Inc. (Nasdaq: HSCS) has engaged Integrous Communications to enhance its investor relations program. The collaboration aims to improve communication with investors as the company focuses on transforming ECGs/EKGs through AI technology for earlier heart disease detection. CEO Andrew Simpson emphasized the importance of a robust investor relations strategy to convey the company's growth and clinical value of its AI-ECG solutions. Integrous Communications will assist in articulating HeartSciences' growth strategy and fostering long-term investor relationships. Engaging a specialized investor relations firm indicates a strategic move to enhance market communication and investor sentiment, which could significantly impact the company's trajectory.