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CareView Communications Inc

care-view.com

What Do They Do?

Provides video monitoring and virtual-care systems for hospitals and healthcare facilities, and sensor-based monitoring and alert tools for long-term care providers.

How Do They Make Money?

Healthcare facilities pay monthly for subscription services. Under sales-based contracts, they make an initial equipment payment when signing, then are billed for installation and training at go-live and annual software license fees for the contract term.

revenue
SegmentShareRevenue
Subscription Based Lease
Recurring

44%
Sales Based Equipment Package
Sold outright

12%
Sales Based Software Bundle
Recurring

44%

Who Are Their Customers?

Hospitals, nursing homes, assisted-living centers and some outpatient facilities use CareView systems. CareView contracts with healthcare facilities, including through facility-level agreements under corporate-wide agreements, and works through a contractor to reach VA hospitals and community living centers.

Customers above 10% of revenue, FY2025
of revenue from one customer
FY2024: 19% from one customer

Do Revenues Turn Into Profits?

Not on paper. It lost $3.2M in FY2025, but brought in more cash than it spent: $796.5K of free cash flow.

Operating income, FY2025
−1% of revenue
▼ −97% (Loss) vs FY2024 (−$1.6M, −19%)
Net income, FY2025
−35% of revenue
▼ −32% (Loss) vs FY2024 (−$4.7M, −57%)
Free cash flow, FY2025
9% of revenue
▲ Now profitable vs FY2024 (−$351.1K, −4%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +20%
vs $2.4M in Q2 FY2025
Net income
▼ −52% (Loss)
vs −$588.7K in Q2 FY2025
Sales Based Software Bundle share of revenue vs 43.7% in Q2 FY2025
Revenue over time
Subscription Based Lease Sales Based Equipment Package Sales Based Software Bundle
$10M$5M$0

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