Financial Snapshot

Revenue
$111.0M
TTM
Gross Margin
43.38%
TTM
Net Earnings
-$43.05M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
103.34%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$46.51M
Q3 2024
Cash
Q3 2024
P/E
-1.322
Nov 29, 2024 EST
Free Cash Flow
$13.29M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $117.1M $138.8M $139.6M $105.1M $64.40M $50.50M $31.80M $24.50M $23.08M $18.30M $10.47M $10.00M $10.10M $9.200M $6.500M
YoY Change -15.68% -0.55% 32.82% 63.2% 27.52% 58.81% 29.8% 6.15% 26.1% 74.77% 4.73% -0.99% 9.78% 41.54%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $117.1M $138.8M $139.6M $105.1M $64.40M $50.50M $31.80M $24.50M $23.08M $18.30M $10.47M $10.00M $10.10M $9.200M $6.500M
Cost Of Revenue $70.82M $84.40M $86.92M $64.80M $41.20M $31.30M $17.70M $13.40M $11.60M $10.60M $4.300M $4.300M $4.500M $3.900M $2.500M
Gross Profit $46.24M $54.40M $52.68M $40.30M $23.30M $19.30M $14.10M $11.10M $11.40M $7.700M $6.200M $5.800M $5.600M $5.300M $4.000M
Gross Profit Margin 39.5% 39.19% 37.74% 38.34% 36.18% 38.22% 44.34% 45.31% 49.39% 42.07% 59.2% 58.0% 55.45% 57.61% 61.54%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Selling, General & Admin $31.11M $33.61M $33.06M $29.40M $19.20M $17.90M $12.80M $13.70M $12.44M $10.20M $4.993M $4.700M $4.000M $3.900M $2.700M
YoY Change -7.42% 1.66% 12.45% 53.13% 7.26% 39.84% -6.57% 10.16% 21.98% 104.22% 6.23% 17.5% 2.56% 44.44%
% of Gross Profit 67.29% 61.78% 62.75% 72.95% 82.4% 92.75% 90.78% 123.42% 109.09% 132.41% 80.53% 81.03% 71.43% 73.58% 67.5%
Research & Development $4.736M $4.401M $4.408M $9.300M $900.0K $1.000M $1.100M $900.0K $659.2K $531.7K $386.1K $400.0K $400.0K $400.0K $200.0K
YoY Change 7.61% -0.16% -52.6% 933.33% -10.0% -9.09% 22.22% 36.53% 23.98% 37.7% -3.47% 0.0% 0.0% 100.0%
% of Gross Profit 10.24% 8.09% 8.37% 23.08% 3.86% 5.18% 7.8% 8.11% 5.78% 6.9% 6.23% 6.9% 7.14% 7.55% 5.0%
Depreciation & Amortization $2.000M $2.000M $12.68M $10.13M $3.070M $2.910M $4.300M $5.110M $420.0K $260.5K $233.4K $680.0K $550.0K $500.0K $500.0K
YoY Change 0.0% -84.22% 25.13% 229.97% 5.5% -32.33% -15.85% 1116.6% 61.22% 11.61% -65.67% 23.64% 10.0% 0.0%
% of Gross Profit 4.33% 3.68% 24.06% 25.14% 13.18% 15.08% 30.5% 46.04% 3.68% 3.38% 3.77% 11.72% 9.82% 9.43% 12.5%
Operating Expenses $164.2M $132.2M $49.66M $48.60M $23.10M $21.70M $18.20M $19.70M $27.54M $22.34M $10.60M $5.700M $5.000M $4.800M $3.600M
YoY Change 24.17% 166.23% 2.19% 110.39% 6.45% 19.23% -7.61% -28.46% 23.24% 110.79% 85.97% 14.0% 4.17% 33.33%
Operating Profit -$47.12M $6.610M $3.019M -$8.300M $200.0K -$2.400M -$4.100M -$8.600M -$4.458M -$4.041M -$127.5K $100.0K $600.0K $500.0K $400.0K
YoY Change -812.78% 118.95% -136.37% -4250.0% -108.33% -41.46% -52.33% 92.9% 10.32% 3069.13% -227.52% -83.33% 20.0% 25.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Interest Expense -$1.830M -$1.000M -$424.0K -$400.0K -$900.0K -$300.0K -$1.300M -$600.0K -$300.0K -$300.0K $100.0K $100.0K $100.0K $0.00 -$100.0K
YoY Change 83.0% 135.85% 6.0% -55.56% 200.0% -76.92% 116.67% 100.0% 0.0% -400.0% 0.0% 0.0% -100.0%
% of Operating Profit -15.13% -14.04% -450.0% 100.0% 16.67% 0.0% -25.0%
Other Income/Expense, Net -$883.0K -$637.0K -$112.0K $0.00 $200.0K $500.0K $300.0K -$100.0K $170.3K -$134.7K $230.1K $0.00 $0.00 -$100.0K $0.00
YoY Change 38.62% 468.75% -100.0% -60.0% 66.67% -400.0% -158.73% -226.4% -158.53% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Pretax Income -$49.04M $5.609M $2.993M -$8.700M -$700.0K -$2.300M -$5.500M -$8.600M -$4.550M -$4.333M -$33.51K $100.0K $700.0K $400.0K $300.0K
YoY Change -974.27% 87.4% -134.4% 1142.86% -69.57% -58.18% -36.05% 89.03% 5.01% 12831.19% -133.51% -85.71% 75.0% 33.33%
Income Tax -$364.0K $177.0K $157.0K $100.0K $200.0K -$200.0K -$3.000M $200.0K $137.8K $176.5K $144.5K $0.00 $200.0K $100.0K $100.0K
% Of Pretax Income 3.16% 5.25% 0.0% 28.57% 25.0% 33.33%
Net Earnings -$48.70M $5.432M $2.836M -$8.800M -$900.0K -$2.100M -$5.600M -$8.800M -$4.687M -$4.509M -$178.0K $100.0K $500.0K $200.0K $200.0K
YoY Change -996.54% 91.54% -132.23% 877.78% -57.14% -62.5% -36.36% 87.74% 3.95% 2433.34% -278.0% -80.0% 150.0% 0.0%
Net Earnings / Revenue -41.6% 3.91% 2.03% -8.37% -1.4% -4.16% -17.61% -35.92% -20.31% -24.64% -1.7% 1.0% 4.95% 2.17% 3.08%
Basic Earnings Per Share -$4.11 -$0.67 -$0.77 -$0.64 -$0.03
Diluted Earnings Per Share -$4.11 -$0.67 $195.0K -$692.9K -$74.38K -$179.5K -$509.1K -$880.0K -$484.5K -$0.64 -$0.03 $10.20K $51.02K $20.41K $20.41K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Cash & Short-Term Investments $3.331M $12.30M $9.340M $20.90M $20.00M $14.50M $4.400M $3.500M $8.000M $1.000M $500.0K $300.0K $400.0K
YoY Change -72.92% 31.69% -55.31% 4.5% 37.93% 229.55% 25.71% -56.25% 700.0% 100.0% 66.67% -25.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $2.449M $2.800M $3.972M $7.300M $1.100M $1.200M $700.0K $600.0K $600.0K $500.0K $200.0K $400.0K $200.0K
YoY Change -12.54% -29.51% -45.59% 563.64% -8.33% 71.43% 16.67% 0.0% 20.0% 150.0% -50.0% 100.0%
Inventory $465.0K $400.0K $503.0K $400.0K $500.0K $400.0K
Prepaid Expenses
Receivables $16.98M $19.20M $21.73M $16.20M $9.400M $9.900M $3.900M $4.300M $2.200M $3.000M $1.000M $1.000M $900.0K
Other Receivables $16.00K $0.00 $13.00K $0.00 $0.00 $100.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
Total Short-Term Assets $23.24M $34.70M $35.56M $44.80M $31.00M $26.10M $8.900M $8.400M $10.90M $4.600M $1.800M $1.700M $1.800M
YoY Change -33.02% -2.42% -20.63% 44.52% 18.77% 193.26% 5.95% -22.94% 136.96% 155.56% 5.88% -5.56%
Property, Plant & Equipment $9.682M $10.00M $12.34M $12.70M $6.400M $1.800M $1.400M $1.600M $1.400M $1.400M $500.0K $500.0K $600.0K
YoY Change -3.18% -18.99% -2.8% 98.44% 255.56% 28.57% -12.5% 14.29% 0.0% 180.0% 0.0% -16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $641.0K $800.0K $981.0K $1.200M $400.0K $500.0K $400.0K $300.0K $100.0K $100.0K $1.600M $300.0K $200.0K
YoY Change -19.88% -18.45% -18.25% 200.0% -20.0% 25.0% 33.33% 200.0% 0.0% -93.75% 433.33% 50.0%
Total Long-Term Assets $54.58M $101.5M $105.3M $93.20M $25.40M $21.50M $16.60M $19.90M $15.80M $18.50M $4.000M $1.800M $1.000M
YoY Change -46.22% -3.6% 12.97% 266.93% 18.14% 29.52% -16.58% 25.95% -14.59% 362.5% 122.22% 80.0%
Total Assets $77.83M $136.2M $140.8M $138.0M $56.40M $47.60M $25.50M $28.30M $26.70M $23.10M $5.800M $3.500M $2.800M
YoY Change
Accounts Payable $5.798M $5.700M $5.948M $6.500M $3.500M $2.400M $1.000M $1.900M $400.0K $1.100M $200.0K $200.0K $100.0K
YoY Change 1.72% -4.17% -8.49% 85.71% 45.83% 140.0% -47.37% 375.0% -63.64% 450.0% 0.0% 100.0%
Accrued Expenses $10.40M $11.00M $13.31M $15.80M $5.600M $3.300M $1.800M $3.200M $1.300M $1.900M $1.100M $600.0K $700.0K
YoY Change -5.48% -17.32% -15.79% 182.14% 69.7% 83.33% -43.75% 146.15% -31.58% 72.73% 83.33% -14.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.000M $2.000M $1.700M $1.000M $600.0K $300.0K
YoY Change -100.0% 0.0% 17.65% 70.0% 66.67% 100.0%
Long-Term Debt Due $292.0K $300.0K $344.0K $400.0K $300.0K $300.0K $200.0K $7.800M $1.100M $600.0K $900.0K $700.0K $200.0K
YoY Change -2.67% -12.79% -14.0% 33.33% 0.0% 50.0% -97.44% 609.09% 83.33% -33.33% 28.57% 250.0%
Total Short-Term Liabilities $23.30M $22.40M $29.56M $29.00M $11.20M $8.200M $4.300M $15.90M $5.800M $8.100M $3.400M $2.200M $1.500M
YoY Change 4.02% -24.23% 1.94% 158.93% 36.59% 90.7% -72.96% 174.14% -28.4% 138.24% 54.55% 46.67%
Long-Term Debt $10.04M $8.000M $8.020M $0.00 $100.0K $200.0K $100.0K $4.200M $4.900M $0.00 $1.600M $300.0K $400.0K
YoY Change 25.46% -0.25% -100.0% -50.0% 100.0% -97.62% -14.29% -100.0% 433.33% -25.0%
Other Long-Term Liabilities $2.772M $3.500M $4.886M $6.600M $2.100M $200.0K $500.0K $900.0K $1.000M $600.0K $600.0K $600.0K $600.0K
YoY Change -20.8% -28.37% -25.97% 214.29% 950.0% -60.0% -44.44% -10.0% 66.67% 0.0% 0.0% 0.0%
Total Long-Term Liabilities $12.81M $11.50M $12.91M $6.600M $2.200M $400.0K $600.0K $5.100M $5.900M $600.0K $2.200M $900.0K $1.000M
YoY Change 11.38% -10.89% 95.55% 200.0% 450.0% -33.33% -88.24% -13.56% 883.33% -72.73% 144.44% -10.0%
Total Liabilities $36.11M $34.50M $42.92M $36.80M $13.60M $8.800M $5.300M $21.30M $11.80M $8.800M $5.700M $3.100M $2.500M
YoY Change 4.66% -19.61% 16.62% 170.59% 54.55% 66.04% -75.12% 80.51% 34.09% 54.39% 83.87% 24.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Basic Shares Outstanding 15.67M shares 15.11M shares 14.54M shares 7.085M shares 5.102M shares
Diluted Shares Outstanding 15.67M shares 15.11M shares 7.085M shares 5.102M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $56.897 Million

About CareCloud, Inc.

CareCloud, Inc. is a healthcare information technology (IT) company, which engages in the provision of an integrated suite of proprietary cloud-based electronic health records and practice management solutions. The company is headquartered in Somerset, New Jersey and currently employs 3,600 full-time employees. The company went IPO on 2014-07-23. The firm provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Medical Practice Management. Healthcare IT segment includes technology-assisted revenue cycle management, software-as-a-service (SaaS) solutions and other services. Medical Practice Management segment includes the management of three medical practices. Its technology-enabled business solutions include revenue cycle management; Cloud-based software; Digital health; and Healthcare IT professional services & staffing. Its SaaS platforms include practice management (PM), electronic health record (EHR), patient experience management (PXM), and others. Its Revenue Cycle Management services including end-to-end medical billing, eligibility, analytics, and related services.

Industry: Services-Prepackaged Software Peers: Augmedix, Inc. Forian Inc. UpHealth, Inc. STREAMLINE HEALTH SOLUTIONS INC. MobileSmith, Inc. Pear Therapeutics, Inc. Tabula Rasa HealthCare, Inc. Akili, Inc.