Subscribe

Healthcare Triangle, Inc. (HCTI)

USD1.78 +0.04 (+2.05%)
US NASDAQ Healthcare Medical - Healthcare Information Services
Address 4309 Hacienda Drive 94588
Pleasanton, CA, US
CEO Lakshmanan Kannappan
IPO 2021-10-13
CIK 1839285 ISIN US42227W4050

Explore sections of this company profile

Description

Healthcare Triangle, Inc. (HCTI) is a technology firm dedicated to the healthcare sector, specializing in crafting innovative solutions across cloud services, data science, and professional and managed IT support. The company provides a comprehensive array of software, platforms, and services designed to empower healthcare and pharmaceutical organizations. These offerings help facilitate personalized treatment plans, accelerate precision medicine initiatives, drive innovation in drug discovery and development, foster collaborative research efforts, enable evidence-based decision-making, and streamline digital transformation. Among its proprietary software offerings are CloudEz, an enterprise platform streamlining multi-cloud migration and oversight, allowing clients to unify management of their private, hybrid, and public cloud environments. Another key platform is DataEz, a cloud-native solution providing robust data analytics and scientific data processing capabilities tailored for the life sciences, pharmaceutical, and healthcare provider sectors. Additionally, the company offers Readabl.AI, a Software-as-a-Service (SaaS) solution leveraging public cloud-based artificial intelligence and machine learning to intelligently identify and extract vital healthcare data from diverse documents such as faxes and narrative reports. Beyond its platforms, Healthcare Triangle delivers a range of cloud-centric IT services and specialized healthcare IT support. This includes the implementation, optimization, and integration of electronic health records (EHR) systems with community partners, comprehensive application managed services, and reliable public cloud-based backup and disaster recovery solutions. Its diverse client base spans healthcare providers, insurance carriers, pharmaceutical and life sciences firms, biotechnology companies, and medical device manufacturers. Established in 2019, Healthcare Triangle, Inc. operates out of Pleasanton, California, as a subsidiary of SecureKloud Technologies, Inc.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
USD1.78 +0.04 (+2.05%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
281.1K
Beta
1.05
Float Shares
121.0K
Free Float %
10.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.11% -0.87% -12.31% -73.27% -98.18% -93.99% -99.93% -99.99% -100.00% -100.00% -100.00%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
1.78
Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-1.05
Distress
Piotroski F-Score
1 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Medical - Healthcare Information Services: +14.2%
    +18.8% Q1'26: +166.1% (vs Q1'25)
  • EPS growth Medical - Healthcare Information Services: +43.1%
    +99.1% Q1'26: +99.9% (vs Q1'25)
  • FCF margin FCF growth · Medical - Healthcare Information Services: +49.2%
    -132.1% Q1'26: -69.6% (vs Q1'25)
  • EBIT margin Medical - Healthcare Information Services: +8.8%
    -70.5% Q1'26: +0.0% (vs Q1'25)
  • ROIC Medical - Healthcare Information Services: +5.2%
    -75.0% Q1'26: +0.0% (vs Q1'25)
  • Share dilution Medical - Healthcare Information Services: -0.1%
    +17,412.9% Q1'26: +263,323.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Medical - Healthcare Information Services: -0.74×
    -1.18× Q1'26: -0.10× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.99) × ERP
WACC = 1% × Ke + 99% × Kd (5.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.78
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
35.27M
est: 40.00M (-11.8%)
45.89M
est: 47.00M (-2.4%)
33.20M
est: 55.90M (-40.6%)
11.70M
est: 61.30M (-80.9%)
13.89M
est: 16.86M (-17.6%)
24.42M
24.42M – 24.42M
+44.9% YoY
29.31M
29.31M – 29.31M
+20.0% YoY
EBITDA
-3.94M
est: -5.05M (+22.1%)
-10.70M
est: -5.94M (-80.2%)
-6.12M
est: -7.06M (+13.4%)
-3.86M
est: -18.54M (+79.2%)
-9.08M
est: -5.10M (-78.1%)
-7.39M
-7.39M – -7.39M
-44.9% YoY
-8.87M
-8.87M – -8.87M
-20.0% YoY
EBIT
-5.36M
est: -8.52M (+37.1%)
-13.64M
est: -10.01M (-36.3%)
-7.68M
est: -11.91M (+35.5%)
-4.74M
est: -21.96M (+78.4%)
-9.79M
est: -6.04M (-62.1%)
-8.75M
-8.75M – -8.75M
-44.9% YoY
-10.50M
-10.50M – -10.50M
-20.0% YoY
Net Income
-5.95M
est: 16.36M (-136.4%)
-14.36M
est: -10.56M (-36.0%)
-8.69M
est: -6.33M (-37.1%)
-5.97M
est: -831.96M (+99.3%)
-9.48M
est: -113.2K (-8,268.9%)
-32.8K
-32.8K – -32.8K
+71.0% YoY
-13.6K
-13.6K – -13.6K
+58.5% YoY
SGA
9.20M
est: 12.13M (-24.1%)
12.17M
est: 14.25M (-14.6%)
10.40M
est: 16.95M (-38.7%)
6.15M
est: 25.94M (-76.3%)
10.42M
est: 7.13M (+46.1%)
10.33M
10.33M – 10.33M
+44.9% YoY
12.40M
12.40M – 12.40M
+20.0% YoY
EPS
-30,207.00
est: 771.90 (-4,013.3%)
-57,998.00
est: -498.00 (-11,546.2%)
-31,051.00
est: -298.80 (-10,291.9%)
-16,895.00
est: -13,446.00 (-25.7%)
-153.15
est: -1.83 (-8,268.9%)
-0.53
-0.53 – -0.53
+71.0% YoY
-0.22
-0.22 – -0.22
+58.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-14 C+ 2/5 1/5 1/5 1/5 3/5 1/5 5/5
2026-05-13 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-12 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-11 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-08 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-01 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-30 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-17 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-19.31M
OE per share TTM
-15,446.30
Owner's Yield
-910.09%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
0.2%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
5
Total invested
113.2K
Insider transactions (90d)
0
Beneficial owners (>5%)
1
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Technologies, Inc. 25.50M 63.29% 25.50M 25.50M HC USA 2021-10-25

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
5
-6 vs prev Q
New positions
3
Closed positions
9
Increased
4
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 UBS GROUP AG 40.7K +40.7K (+100.0%) 109.5K +109.5K (+100.0%) 65.80% +65.804 pp 0.00% +0.000 pp USD2.69 +0.0% 1 qtrs NEW
2 BANK OF MONTREAL /CAN/ 10.0K +10.0K (+100.0%) 26.9K +26.9K (+100.0%) 16.16% +16.162 pp 0.00% +0.000 pp USD2.69 +0.0% 1 qtrs NEW
3 859.00 +859.0 (+100.0%) 2.3K +2.3K (+100.0%) 1.39% +1.388 pp 0.00% +0.000 pp USD2.69 +0.0% 1 qtrs NEW
4 VANGUARD FIDUCIARY TRUST CO 482.00 +482.0 (+100.0%) 1.3K +1.3K (+100.0%) 0.78% +0.779 pp 0.00% +0.000 pp USD2.69 +0.0% 1 qtrs NEW
5 BNP PARIBAS ARBITRAGE, SNC 7.00 +7.0 (+100.0%) 19.00 +19.0 (+100.0%) 0.01% +0.011 pp 0.00% +0.000 pp USD2.57 +4.7% 1 qtrs NEW
6 DANSKE BANK A/S 1.00 +1.0 (+100.0%) 3.00 +3.0 (+100.0%) 0.00% +0.002 pp 0.00% +0.000 pp USD2.00 +34.5% 1 qtrs NEW
7 CITIGROUP INC -10.1K (-100.0%) -6.4K (-100.0%) 0.00% -0.273 pp 0.00% +0.000 pp USD 3 qtrs SOLD
8 VIRTU FINANCIAL LLC -26.8K (-100.0%) -17.0K (-100.0%) 0.00% -0.722 pp 0.00% -0.001 pp USD 2 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Invesco BuyBack Achievers ETF PKW 0.00% 2.3K 0.62%
2 Vanguard Extended Market ETF VXF 0.00% 2.2K 0.05%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
3.00
Bullish
Ratio by volume
0.14
Bearish
Buys
3
Sells
1
Shares acquired
352.9K
Shares disposed
2.55M
Cash buys
Cash sales
Net activity
-2,197,064
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2025-03-31 SECUREKLOUD TECHNOLOGIES, INC. 10% Owner J-Other D Common Stock 2,550,000 0.00 0 D
2025-03-31 Ramachandran Thyagarajan Officer J-Other A Common Stock 14,627 0.00 29,627 D
2025-03-31 Kizhakevilayil Shibu Director / Officer J-Other A Common Stock 34,129 0.00 54,129 D
2025-03-31 Kannappan Lakshmanan Officer J-Other A Common Stock 304,180 0.00 324,180 D
2024-03-12 Rosa David A Director A-Award A Incentive Stock Option (Right To Buy) 10,000 1.78 17.8K 34,000
2024-03-12 McClurg Ronald W. Director A-Award A Incentive Stock Option (Right To Buy) 5,000 1.78 8.9K 10,000
2024-03-12 Bhuiyan Mohammad Jainal Director A-Award A Incentive Stock Option (Right To Buy) 5,000 1.78 8.9K 10,000
2023-01-27 Sookhoo Roy Director D Common Stock 0 0.00 75,757
2023-01-27 Rosa David A Director A-Award A Stock Option (Right to Buy) 1 0.35 0.35 200,000
2023-01-27 McClurg Ronald W. Director D Stock Option (Right to buy) 50,000 0.39 19.7K 0
2023-01-27 HEAPHY PAIGE Director D Stock Option (Right to buy) 50,000 0.39 19.7K 0
2023-01-27 Bhuiyan Mohammad Jainal Director D Stock Option (Right to buy) 50,000 0.39 19.7K 0
2022-11-15 Ramachandran Thyagarajan Officer D-Return A Common Stock 100,000 0.19 19.0K 100,000
2022-11-09 Ramachandran Thyagarajan Officer 0 0.00 0
2022-11-09 Leo John C Director 0 0.00 0
2022-08-19 Rosa David A Director 0 0.00 0
2022-08-19 MATHIESEN JEFFREY S Director 0 0.00 0
2022-08-19 BJORNSTAD APRIL Director 0 0.00 0
2022-03-31 MATHIESEN JEFFREY S Director 0 0.00 0
2021-12-31 VENKATACHARI SURESH Director / Officer / 10% Owner 0 0.00 0
2021-12-31 SUDISH MOGLI Officer 0 0.00 0
2021-12-31 Rosa David A Director 0 0.00 0
2021-12-31 Ramachandran Thyagarajan Officer 0 0.00 0
2021-12-31 PRAKASH VIVEK Director 0 0.00 0
2021-12-31 Leo John C Director 0 0.00 0
2021-12-31 Kumar Anand Officer 0 0.00 0
2021-12-31 Kizhakevilayil Shibu Director 0 0.00 0
2021-12-31 Kannappan Lakshmanan Director 0 0.00 0
2021-12-31 GILL JAMES MICHAEL Officer 0 0.00 0
2021-12-31 GALLAGHER BRENDAN Director 0 0.00 0
2021-12-31 BJORNSTAD APRIL Director 0 0.00 0
2021-10-15 VENKATACHARI SURESH Director / Officer D SUPER VOTING PREFERRED STOCK 0 0.00 6,000
2021-10-15 SUDISH MOGLI Officer D Common Stock 0 0.00 200,000
2021-10-15 SECUREKLOUD TECHNOLOGIES, INC. 10% Owner D COMMON STOCK 0 0.00 25,500,000
2021-10-15 Rosa David A Director 0 0.00 0
2021-10-15 Ramachandran Thyagarajan Officer 0 0.00 0
2021-10-15 PRAKASH VIVEK Director D Common Stock 0 0.00 573,859
2021-10-15 Leo John C Director 0 0.00 0
2021-10-15 Kumar Anand Officer D COMMON STOCK 0 0.00 150,000
2021-10-15 Kizhakevilayil Shibu Director D Common Stock 0 0.00 200,000
2021-10-15 Kannappan Lakshmanan Director D COMMON STOCK 0 0.00 200,000
2021-10-15 GILL JAMES MICHAEL Officer 0 0.00 0
2021-10-15 GALLAGHER BRENDAN Director 0 0.00 0
2021-10-15 BJORNSTAD APRIL Director 0 0.00 0
2021-07-12 VENKATACHARI SURESH Officer A-Award A Super Voting Preferred Stock 6,000 0.00 6,000
2021-01-13 PRAKASH VIVEK Director D Warrant (Right to buy) 111,930 2.88 322.4K 0
2020-05-27 Kannappan Lakshmanan Director / Officer D-Return A Common Stock 200,000 0.00 200.00 200,000
2020-05-08 VENKATACHARI SURESH Director / Officer / 10% Owner A-Award A Common Stock 25,500,000 0.30 7.65M 25,500,000 I
2020-04-27 VENKATACHARI SURESH Officer A-Award A Common Stock 25,500,000 0.30 7.65M 25,500,000
2020-04-27 Kumar Anand Officer D-Return A Common Stock 150,000 0.00 150.00 150,000
2020-04-27 Kizhakevilayil Shibu Director D-Return A Common Stock 200,000 0.00 200.00 200,000

Executive team

Top executives
EBIT / Employee
-271.9K
Shares Outstanding
1.16M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-01-20 DEF 14A
2026-01-09 PRE 14A
2025-11-17 DEF 14A
2025-11-07 PRE 14A
2025-10-15 DEF 14A
2025-09-30 PRE 14A
2025-03-07 DEF 14A
2025-02-25 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-14 10-Q
2026-04-16 10-K/A
2026-04-15 10-K
2026-04-10 8-K
2026-04-07 8-K/A
2026-03-31 NT 10-K
2026-03-31 424B5
2026-03-11 8-K
2026-03-05 SC 13G/A
2026-03-02 SC 13G

Executive team

NameTitleCompensationGender
David Ayanoglou Chief Financial Officer 354.3K male
Sujatha Ramesh Principal Executive Officer (SEC), COO & Executive Director 229.2K female
Karen Hughes Head of Practice of Meditech female
Ceasar Cifuentes Senior Director of Sales male
Lisna Ismail Head of Marketing, PR & Communications female
Ronald Beteta Head of Customer Success
Shelly Pierce Head of Human Resources & Talent Acquisition female
Lakshmanan Kannappan Chief Information & Security Officer male
Jason Mudrick Head of Practice of Epic male
ESG Rating
B
MEDICAL - HEALTHCARE INFORMATION SERVICES
Rank: 27 out of 65
2026
E (Environmental)
71.9 / 63.0
Company / Sector avg.
S (Social)
74.6 / 69.8
Company / Sector avg.
G (Governance)
76.5 / 68.0
Company / Sector avg.
ESG Total
74.4 / 66.9
Company / Sector avg.
ESG Score History MEDICAL - HEALTHCARE INFORMATION SERVICES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits