Healthcare Triangle (HCTI)

Company Profile

Healthcare Triangle, Inc. is a leading healthcare information technology company focused on advancing innovative, industry-transforming solutions in the areas of cloud services, data science, professional and managed services for the Healthcare and Life Sciences industry.

Company profile

Ticker

HCTI

Exchange

Incorporated

Location

Fiscal year end

Sector

Professional, Scientific, and Technical Services > Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)

Industry (SIC)

Services - Computer Integrated Systems Design

Kyndryl • Leidos • CERNER • Godaddy • Open Text • Parsons • Caci International Inc. - Registered Shares • Unisys • Veradigm • Light & Wonder ...

SEC CIK

0001839285

Corporate docs

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Devcool, Inc. ...

IRS number

843559776

HCTI stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Appointment Letter Agreement- Healthcare Triangle, Inc. Board of Directors

27 Jan 23

8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

30 Dec 22

8-K

Departure of Directors or Certain Officers

23 Dec 22

8-K

Submission of Matters to a Vote of Security Holders

10 Nov 22

Annual report to shareholders

Notice of effectiveness

23 Aug 22

S-1/A

IPO registration (amended)

18 Aug 22

Latest ownership filings

View all

Shibu Kizhakevilayil

21 Mar 23

Thyagarajan Ramachandran

Mohammad Jainal Bhuiyan

Financial summary

Financial statements Chart HCTI financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	4.14 mm	4.14 mm	4.14 mm	4.14 mm	4.14 mm	4.14 mm
Cash burn (monthly)	(no burn)	(no burn)	767.33 k	762.65 k	779.67 k	490.67 k
Cash used (since last report)	n/a	n/a	4.48 mm	4.45 mm	4.55 mm	2.86 mm
Cash remaining	n/a	n/a	-333.46 k	-306.12 k	-405.42 k	1.28 mm
Runway (months of cash)	n/a	n/a	-0.4	-0.4	-0.5	2.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

HCTI institutional ownership history Ownership history

69.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	10	11	-9.1%
Opened positions	4	7	-42.9%
Closed positions	5	3	+66.7%
Increased positions	2	1	+100.0%
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	90.22 mm	89.16 mm	+1.2%
Total shares	28.80 mm	25.66 mm	+12.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Securekloud	25.50 mm	$89.00 mm	0.0%
Armistice Capital	3.08 mm	$1.14 mm	NEW
Gladstone Institutional Advisory	70.00 k	$26.00 k	0.0%
Vanguard	61.96 k	$23.00 k	NEW
Renaissance Technologies	42.53 k	$16.00 k	NEW
Tower Research Capital	24.21 k	$9.00 k	+215.2%
Millennium Management	10.66 k	$4.00 k	NEW
Advisor	6.25 k	$2.00 k	0.0%
BAC Bank Of America	70.00	$0.00	0.0%
WFC Wells Fargo & Co.	60.00	$0.00	+57.9%

Largest transactions	Shares	Bought/sold	Change
Armistice Capital	3.08 mm	+3.08 mm	NEW
Vanguard	61.96 k	+61.96 k	NEW
Renaissance Technologies	42.53 k	+42.53 k	NEW
Citadel Advisors	0.00	-30.02 k	EXIT
Jane Street	0.00	-19.98 k	EXIT
Tower Research Capital	24.21 k	+16.53 k	+215.2%
UBS UBS Group AG - Registered Shares	0.00	-13.63 k	EXIT
Two Sigma Securities	0.00	-11.07 k	EXIT
Millennium Management	10.66 k	+10.66 k	NEW
MS Morgan Stanley	0.00	-2.28 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HCTI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Jan 23	Rosa David A	Stock Option Common Stock	Grant	Acquire A	No	No	0.349	1	0.35	200,000
15 Nov 22	Thyagarajan Ramachandran	Common Stock	Sale back to company	Acquire D	No	No	0.19	100,000	19.00 k	100,000
27 May 20	Lakshmanan Kannappan	Common Stock	Sale back to company	Acquire D	No	No	0.001	200,000	200.00	200,000
27 Apr 20	Anand Kumar	Common Stock	Sale back to company	Acquire D	No	No	0.001	150,000	150.00	150,000
27 Apr 20	Shibu Kizhakevilayil	Common Stock	Sale back to company	Acquire D	No	No	0.001	200,000	200.00	200,000