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MARKETS / NASDAQ / HCTI
NASDAQ · SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN

Healthcare Triangle, Inc. HCTI

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$13.9M
▲ 18.8% YoY
$-9.5M
$-16.5M
In brief

What this company does

Our approach leverages our proprietary technology platforms, extensive industry knowledge, and healthcare domain expertise to provide solutions and services that reinforce healthcare progress. We combine our expertise in the healthcare technology domain, cloud technologies, DevOps and automation, data engineering, advanced analytics, AI/ML, Internet of things (“IoT”), security, compliance, and governance to deliver platforms and solutions that drive improved results in the complex workflows of Life Sciences, biotech, healthcare providers, and payers. Our 24x7 managed services are used by hospitals and health systems, payers, Life Sciences, and biotech organizations in their effort to improve health outcomes and deliver deeper, more meaningful patient and consumer experiences. As of December 31, 2025, we had a total of 43 full-time employees, 15 part-time employees, and 26 sub-contractors.

Written from the business description in Healthcare Triangle, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth
USD 13.9M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 13.9 · Net income -9.5
20M40M-5M-10M202020212022202320242025
Compound annual growth
−32.9%
−15.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −15.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−68 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -70.5% · Net -68.2%
-20%-40%-60%202020212022202320242025
ROE
FY2023 · ROE -373.7%
20%40%-100%-200%-300%202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -16.5
-8M-16M202020212022202320242025
Net buybacks $M Dividends $M
FY2022 · Dividends — · Net buybacks -5.7
-2M-4M2022

Total assetsUSD 22.7M
CashUSD 7.6M
Gross debtUSD 10.7M
Net debtUSD 3.1M
Current ratio1.03×

Not available: we don't have the shareholders' equity figure for this period.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.00.0
Income tax $B·0.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.00.0
Free cash flow $B−0.0·−0.0−0.0··
EPS, diluted $−152.30−16909.30−2.08−3.88−0.200.08
Dividend / sh $······
Payout %······
ROE %··−373.7−141.6−64.154.4
Shares out B0.000.000.000.000.040.03

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 68 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Integrated Systems Design
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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