Explore 3 Stock Ideas & Industry Insights Download Free Report

Heart Test Laboratories Inc. Common Stock

Company price
3.31 USD -0.30 ( 8.31%)
Last update at 2026-10-30T20:00:00Z
VOLUME
54430
Market Cap
16.51M

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
3.29
Low
3.57
High
52 Week Price Range
1.63
Low
4.35
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Heart Test Laboratories Inc. is a small publicly traded company whose filings indicate it provides medical laboratory services focused on cardiovascular diagnostics. Long-term growth drivers may include rising demand for cardiac testing and scaling laboratory capacity, and investors may find the company attractive for exposure to a niche diagnostics provider benefiting from demographic-driven healthcare demand.
Key risks include limited public disclosure and financial transparency, small market capitalization with low liquidity, dependence on regulatory approvals and reimbursement, and competition from established diagnostics firms.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.61
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
0.00
Gross Profit TTM
0.00M
Debt / Equity
17.46
ROE
-1851.90%
Net Debt
2279.83M
ROCE
-4.07%
Diluted EPS TTM
-2.76

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-04-30 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Type yearly yearly yearly yearly yearly
Date 2026-04-30 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Income before tax -9.14M -8.77M -6.61M -6.35M -4.83M
Net income -9.14M -8.77M -6.61M -490.85M -4.58M
Selling general administrative 9.94M 3.97M 3.44M 3.65M 1.71M
Gross profit -0.13M -0.13M -0.08M 0.00M 0.01M
Reconciled depreciation 0.13M 0.13M 0.10M 0.03M 0.03M
Ebit -16.36M -8.35M -6.25M -6.11M -4.71M
Ebitda -8.41M -8.22M -6.16M -6.08M -4.68M
Depreciation and amortization 32.57M 0.13M 0.10M 0.03M 0.03M
Operating income -8.41M -8.35M -6.31M -6.11M -4.71M
Other operating expenses 8.42M 8.36M 6.32M 6.12M 4.72M
Interest expense 0.75M 0.50M 0.35M 0.24M 0.37M
Net interest income -0.75M -0.50M -0.35M -0.24M -0.37M
Income tax expense -3.68M - -0.10M 484.50M -0.25M
Total revenue 0.00M 0.00M 0.02M 0.01M 0.01M
Total operating expenses 8.28M 8.23M 6.22M 6.12M 4.72M
Cost of revenue 0.13M 0.13M 0.10M 0.00M 0.01M
Total other income expense net -0.73M -0.41M -0.30M -0.24M -0.12M
Net income from continuing ops -9.14M -8.77M -6.61M -6.35M -4.83M
Net income applicable to common shares - - - -6.35M -4.83M
Breakdown 2026-04-30 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Type yearly yearly yearly yearly yearly
Date 2026-04-30 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Total assets 5262.67M 4.22M 9.50M 3.29M 2.09M
Intangible assets 2372.37M 1.62M 1.59M - -
Other current assets 270.49M 0.42M 0.92M 0.04M 0.04M
Total liab 5036.61M 4.02M 2.19M 3.06M 8.15M
Total stockholder equity 225.53M 0.21M 7.32M 0.23M -6.06M
Other current liab 781.64M 0.71M 0.70M 0.05M 1.05M
Common stock 3.19M 0.00M 0.00M 0.01M 0.00M
Capital stock 0.00M 0.00M 0.00M 0.01M 0.00M
Retained earnings -85269.51M -76.13M -67.36M -60.76M -54.40M
Other liab - - - 0.19M 0.23M
Good will - - -1587.66M - -
Cash 1656.81M 1.10M 5.81M 1.66M 0.92M
Total current liabilities 4861.11M 3.70M 1.75M 1.83M 3.47M
Current deferred revenue - - 0.67M 0.62M -
Net debt 2279.83M 1.89M -4.77M -0.09M 5.24M
Short term debt 3761.15M 2.67M 0.60M 0.53M 1.72M
Short long term debt 3.62M 2.55M 0.50M 0.50M 1.63M
Short long term debt total 3936.65M 2.99M 1.04M 1.57M 6.16M
Other stockholder equity 85491.47M 76.33M 74.68M 61.36M 48.34M
Property plant equipment - - - 0.59M 0.16M
Total current assets 2582.93M 2.17M 7.35M 2.70M 1.93M
Net tangible assets - - - 0.23M -6.06M
Net receivables 0.00M 0.00M 0.88M 0.32M 0.00M
Long term debt - - - 0.50M 4.44M
Inventory 655.63M 0.65M 0.63M 0.68M 0.67M
Accounts payable 318.33M 0.32M 0.45M 0.63M 0.69M
Accumulated other comprehensive income - - -0.38M -0.38M -
Non current assets total 2679.74M 2.05M 2.15M 0.59M 0.16M
Capital lease obligations 0.31M 0.43M 0.54M 0.57M 0.09M
Breakdown 2026-04-30 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Type yearly yearly yearly yearly yearly
Date 2026-04-30 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Investments - -0.03M -0.13M -0.02M -0.00M
Change to liabilities - - - 0.04M 0.36M
Total cashflows from investing activities -0.04M -0.03M -0.13M -0.02M -0.00M
Net borrowings 2.31M 1.59M 0.04M -0.40M 4.23M
Total cash from financing activities 8.03M 2.73M 10.34M 6.53M 3.84M
Change to operating activities - - - 0.14M 0.69M
Net income -9.14M -8.77M -6.61M -6.35M -4.83M
Change in cash 0.56M -4.71M 4.15M 0.74M 0.19M
Begin period cash flow 1.10M 5.81M 1.66M 0.92M 0.72M
End period cash flow 1.66M 1.10M 5.81M 1.66M 0.92M
Total cash from operating activities -7.43M -7.41M -6.07M -5.77M -3.64M
Issuance of capital stock 5.72M 1.15M 10.30M 5.62M 0.00M
Depreciation 0.13M 0.13M 0.10M 0.03M 0.03M
Other cashflows from investing activities -0.04M -0.03M -0.06M - -
Change to inventory -0.01M -0.02M 0.05M -0.00M 0.08M
Change to account receivables 0.00M -0.00M 0.00M 0.00M -0.00M
Other cashflows from financing activities 5.55M - -0.13M 1.31M -551.43M
Change to netincome - - - 0.32M -0.12M
Capital expenditures 0.04M 0.03M 0.13M 0.02M 0.00M
Change in working capital -1.08M 0.52M -0.50M 0.17M 1.12M
Stock based compensation 1.31M 0.25M 0.41M 0.25M 0.07M
Other non cash items 1.35M 0.46M 0.54M -100.97M -0.04M
Free cash flow -7.47M -7.44M -6.20M -5.79M -3.65M

Peer Comparison*

Sector: Healthcare Industry: Medical Devices

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
HSCS
Heart Test Laboratories Inc. Common Stock
-0.30
8.31%
3.31 - - 3654.04 70.85 4353.17 -0.14
ABT
Abbott Laboratories
1.63
1.56%
106.20 25.97 17.24 3.57 3.20 3.81 16.75
MDT
Medtronic PLC
-0.57
0.59%
96.54 26.60 15.87 3.35 2.08 3.90 14.12
SYK
Stryker Corporation
-19.89
6.38%
291.86 29.23 16.86 4.18 4.51 4.63 17.16
SEMHF
Siemens Healthineers AG
-0.11
0.22%
47.69 39.57 21.32 3.01 3.29 2.95 16.92

Profile*

Heart Test Laboratories Inc. Common Stock

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.

550 Reserve Street, Southlake, TX, United States, 76092

682 237 7781

14

Name Title Year Born
Mr. Andrew Simpson CEO, Pres & Chairman of Directors 1969
Ms. Danielle Watson CFO & Treasurer 1982
Mr. Mark T. Hilz COO, Sec. & Director 1959
Mr. Andrew Simpson CEO, President & Chairman of the Board of Directors 1970
Ms. Danielle Watson CFO & Treasurer 1983
Mr. Mark T. Hilz COO, Secretary & Director 1959
Mr. Andrew Simpson CEO, President & Chairman of the Board of Directors 1969

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…