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HSCS · NASDAQ · Medical - Devices

HeartSciences

Operates a device-agnostic ECG workflow and AI-algorithm marketplace.

$3.12
After-hours close+0.09 (+2.97%)
At close$3.03(−2.88%)
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Profile

HeartSciences Inc.HSCSHealth Care

Sells ECG workflow software and plans subscription and algorithm-access revenue while developing its own AI-enabled resting ECG system. Its device-agnostic platform works with hospitals’ installed ECG equipment, but clinical algorithms and proprietary hardware depend on applicable regulatory authorization.

Operates MyoVista Insights, a cloud-native platform that collects electrocardiograms from existing machines, manages workflows, and distributes compatible AI algorithms through a marketplace. Revenue is intended to come from implementation fees, subscription usage, and algorithm access; device sales, electrodes, and software support the separate MyoVista wavECG model. The United States is the planned direct-sales market, with distributors intended for markets outside it.

Combines internally developed technology with licenses from Mount Sinai and the University of Glasgow. MyoVista wavECG and the company's clinical algorithms remain subject to FDA authorization for U.S. marketing, while the platform's data-system exemption does not automatically apply to hosted algorithms. The old European CE mark for MyoVista lapsed, limiting proprietary-hardware access there.

Company facts

CEOAndrew Simpson
ListedJun 15, 2022
ExchangeNASDAQ
HeadquartersSouthlake, TX
CountryUnited States
Employees15
CIK0001468492
ISINUS42254E3027

Key statistics

Market cap$6.5M
EPS (ttm)−$3.92
P/E (ttm)−0.7730
ROE-358.4%
P/B42.39
P/S1,515.00
Dividend yield
Beta0.05vs XLV 1.06

Year to date −3.5% · Average volume (30d) 98.7K

Analysts

Price target, next 12 months$3.00−1.0%Median of 3 analysts · vs the Aug 28 close
ConsensusBuy3 of 3 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

No analyst notes in the last 24 months.

Earnings

EPS

Estimate−$0.72
ReportedDue Sep 10, 2026

Revenue

Estimate$100.0K
ReportedDue Sep 10, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 23, 2026−$0.66−$0.88−33.3%$50.0K−2.05%
Mar 16, 2026Q3 FY26−$0.84−$0.63+25.0%$200.0K−0.38%
Dec 15, 2025Q2 FY26−$0.90−$0.85+5.6%$2.4K−6.48%
Sep 11, 2025Q1 FY26−$2.41−$1.58+34.4%$1.9K−9.88%
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Financial highlights

12 quartersQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q4 FY26Q3 FY26
Revenue$0$4.4K$1.9K$2.4K$0$0
Gross profit−$29.0K−$28.8K−$30.5K−$31.0K−$34.0K−$33.2K
Operating income−$2.4M−$1.9M−$1.9M−$2.1M−$2.5M−$1.9M
Net income−$2.5M−$2.1M−$2.1M−$2.4M−$2.8M−$2.0M
Diluted EPS−$2.57−$1.88−$1.58−$0.85−$0.86−$0.63
Gross margin-661.9%-1,607.1%-1,282.5%
Operating margin-44,147.1%-98,637.8%-85,713.2%

Fiscal years (4-quarter sums)FY22 $14.4K · FY23 $5.2K · FY24 $18.6K · FY25 $4.4K · FY26 $4.3K

Balance sheet, Apr 30, 2026Cash & short-term investments $1.66B · Total debt $3.9M · Total assets $5.3M · Shareholders' equity $226.1K

Dividends

No dividends on record.

Ownership

Institutions Insiders 23.34%

Shares outstanding 2.16M · Float

Float — provider float is below the insider stake.

The provider's float is smaller than the insider stake it should exclude, so it is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Andrew Simpson · director, officer: See Remarks499.4K23.12%Form 4Jun 24, 2026
Digital Currency Group, Inc.411.5K9.40%13DAug 18, 2026
Fields Ephraim G265.2K8.10%13GJun 24, 2026
Mark T. Hilz · director, officer: COO, Secretary and Director4.8K0.22%Form 4Jul 30, 2025

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • GE HealthCare

    Broad incumbent in ECG devices, workflow software and interpretation.

  • Philips (ADR)

    Enterprise ECG workflow rival with multi-vendor access and interpretation.

  • Baxter International

    Resting ECG hardware, workflow software and consumables rival.

  • Tempus AI

    FDA-cleared AI algorithms contest 12-lead ECG screening.

CompareAfter-hours close

CompanyPriceChange
HeartSciences$3.12+2.97%$6.5M1,515.0
GE HealthCare$71.73−0.01%$32.40B20.813.81.6+5.8%
Philips (ADR)$26.72+0.06%$26.12B19.913.71.3−2.9%
Baxter International$26.30+0.65%$13.51B12.51.2+5.3%
Tempus AI$63.44−0.89%$11.22B7.8+21.6%
Median20.313.71.4+5.6%