HeartSciences
Operates a device-agnostic ECG workflow and AI-algorithm marketplace.
Something off on this page? Send us feedback.
Profile
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
Key statistics
Year to date −3.5% · Average volume (30d) 98.7K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next 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% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q4 FY26 | Q3 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
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
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Andrew Simpson · director, officer: See Remarks | 499.4K | 23.12% | Form 4 | Jun 24, 2026 |
| Digital Currency Group, Inc. | 411.5K | 9.40% | 13D | Aug 18, 2026 |
| Fields Ephraim G | 265.2K | 8.10% | 13G | Jun 24, 2026 |
| Mark T. Hilz · director, officer: COO, Secretary and Director | 4.8K | 0.22% | Form 4 | Jul 30, 2025 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- 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
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| HeartSciences | $3.12 | +2.97% | $6.5M | — | — | 1,515.0 | — |
| GE HealthCare | $71.73 | −0.01% | $32.40B | 20.8 | 13.8 | 1.6 | +5.8% |
| Philips (ADR) | $26.72 | +0.06% | $26.12B | 19.9 | 13.7 | 1.3 | −2.9% |
| Baxter International | $26.30 | +0.65% | $13.51B | — | 12.5 | 1.2 | +5.3% |
| Tempus AI | $63.44 | −0.89% | $11.22B | — | — | 7.8 | +21.6% |
| Median | 20.3 | 13.7 | 1.4 | +5.6% |






