YOLFTbeta
CareCloud, Inc.

CareCloud, Inc.

CCLD · NASDAQ · Healthcare / Health Information Services

2.42USD-0.22 (-8.33%)

Price History

Full chart

Market Stats

Previous Close2.64
Open2.59
Day Range2.28 – 2.60
52-Week Range2.03 – 3.85
Volume681.48K
Market Cap87.11M
P/E (TTM)29.29
Forward P/E4.04
EPS0.07
Dividend Yield0.00%
Beta1.50
50-Day Avg2.34
200-Day Avg2.64

About

CareCloud, Inc., a healthcare information technology company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States. It operates through Healthcare IT and Medical Practice Management segments. The company's proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; MAP App; and medical practice management services. It also offers revenue cycle management services, healthcare claims clearinghouse, and medical coding and credentialing services; electronic health records, practice management software and related capabilities, patient experience management solutions, business intelligence and healthcare analytics platforms, and customized applications, interfaces, and various other technology solutions, as well as artificial intelligence, such as CareCloud cirrusAI, AI-powered clinical decision support, AI-powered virtual support assistant, AI-driven appeals, Stratus AI Desk Agent, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; professional services; managed services; workforce augmentation; on-demand staffing; and strategic advisory services. Further, it offers medical practice management services to medical practices comprising appropriate facilities, equipment, supplies, support services, nurses, and administrative support staff, as well as management, bill-paying, and financial advisory services. It serves physicians, nurses, nurse practitioners, therapists, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.

Company Details

  • SectorHealthcare
  • IndustryHealth Information Services
  • CEOMr. Stephen A. Snyder J.D.
  • Employees3.65K
  • Headquarters7 Clyde Road, Somerset, NJ, United States, 08873, USA
  • Websitehttps://www.carecloud.com

Leadership

  • Mr. Mahmud U. HaqFounder & Executive Chairman · b. 1959
  • Mr. Stephen A. Snyder J.D.Chief Executive Officer · b. 1977
  • Ms. Crystal WilliamsPresident · b. 1983
  • Mr. Norman S. Roth CFEInterim CFO, Principal Accounting Officer & Corporate Controller · b. 1956
  • Mr. A. Hadi ChaudhryChief Strategy Officer · b. 1977
  • Mr. Adeel SarwarChief Technology Officer
  • Ms. Nympha SchnoellerCorporate Counsel & Compliance Officer
  • Mr. Christopher LangehaugSenior Vice President of Sales & Revenue Growth
  • Mr. Brendan CovelloVP of Corporate Development & Corporate Counsel
  • Ms. Elizabeth FerrerVice President of Human Resources

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.09M10.02M10.47M18.30M23.08M24.49M31.81M50.55M64.44M105.12M139.60M138.83M117.06M110.84M120.50M
Growth (%)--0.71%+4.54%+74.77%+26.10%+6.12%+29.87%+58.90%+27.49%+63.14%+32.80%-0.55%-15.68%-5.32%+8.72%
Cost of Revenue4.51M4.26M4.27M10.64M11.63M13.42M17.68M31.25M41.19M64.82M86.92M84.43M70.82M60.84M64.46M
Gross Profit5.58M5.76M6.20M7.67M11.45M11.08M14.13M19.29M23.25M40.30M52.68M54.39M46.24M49.99M56.04M
Gross Margin55.33%57.50%59.20%41.89%49.61%45.22%44.42%38.17%36.08%38.34%37.74%39.18%39.50%45.11%46.51%
Operating Expense4.99M5.74M6.33M11.71M15.91M18.98M18.65M21.83M23.67M48.57M49.15M47.78M93.36M40.87M44.55M
Operating Income597.06K22.02K-127.52K-4.04M-4.46M-7.90M-4.52M-2.54M-421.10K-8.27M3.53M6.61M-47.12M9.12M11.50M
Operating Margin5.92%0.22%-1.22%-22.08%-19.32%-32.26%-14.22%-5.02%-0.65%-7.87%2.53%4.76%-40.25%8.23%9.54%
EBITDA1.32M892.75K1.10M-1.36M337.42K-2.81M126.81K909.13K3.13M4.80M19.70M21.02M-31.29M25.05M28.26M
EBITDA Margin13.11%8.91%10.52%-7.42%1.46%-11.47%0.40%1.80%4.86%4.57%14.11%15.14%-26.73%22.60%23.45%
Net Income469.89K117.00K-178.00K-4.51M-4.69M-8.80M-5.57M-2.14M-871.80K-8.81M2.84M5.43M-48.67M7.85M10.80M
Net Income Margin4.66%1.17%-1.70%-24.64%-20.31%-35.91%-17.49%-4.23%-1.35%-8.38%2.03%3.91%-41.58%7.08%8.96%
R&D410.13K396.43K386.11K531.68K659.18K902.19K1.08M1.03M870.78K9.31M4.41M4.40M4.74M3.78M6.38M
R&D as % of Total Revenue4.07%3.96%3.69%2.90%2.86%3.68%3.40%2.04%1.35%8.86%3.16%3.17%4.05%3.41%5.30%
Interest Expense63.61K97.03K160.06K183.47K288.41K682.08K1.32M351.17K383.00K488.00K455.00K405.00K1.19M900.00K287.00K
Interest Expense % of Total Revenue0.63%0.97%1.53%1.00%1.25%2.78%4.16%0.69%0.59%0.46%0.33%0.29%1.02%0.81%0.24%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.84M3.48M5.77M23.11M26.68M28.32M25.53M47.62M56.40M138.00M140.85M136.17M77.83M71.61M87.60M
Total Liabilities2.48M3.08M5.65M8.79M11.78M21.26M5.28M8.75M13.56M36.75M42.92M34.48M36.11M21.84M28.09M
Total Equity359.67K406.08K118.50K14.32M14.89M7.07M20.25M38.87M42.84M101.25M97.93M101.69M41.72M49.77M59.51M
Cash408.42K268.32K497.94K1.05M8.04M3.48M4.36M14.47M19.99M20.93M9.34M12.30M3.33M5.14M3.12M
Total Debt914.92K1.60M3.56M2.33M7.98M14.05M289.62K500.18K4.10M11.47M16.87M13.81M14.73M3.47M4.28M
Net Debt506.51K1.33M3.07M1.28M-54.62K10.57M-4.07M-13.97M-15.90M-9.46M7.53M1.51M11.40M-1.68M1.17M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow388.26K712.43K928.97K-2.70M-1.88M-897.84K281.64K6.81M7.62M-892.00K13.33M21.15M15.46M20.64M28.56M
Investing Cash Flow-377.66K-356.48K-706.29K-12.65M-602.42K-3.83M-902.21K-13.63M-4.16M-31.47M-23.15M-11.77M-11.61M-7.41M-24.54M
Financing Cash Flow119.38K-327.78K33.00K15.88M9.50M157.31K1.84M17.66M1.42M33.42M-519.00K-7.65M-13.29M-11.26M-5.61M
Capital Expenditure187.36K153.07K286.50K1.12M421.86K463.40K697.21K1.03M2.56M7.75M10.56M11.77M11.61M1.70M8.03M
Free Cash Flow200.90K559.36K642.46K-3.82M-2.30M-1.36M-415.57K5.78M5.06M-8.64M2.77M9.38M3.85M18.95M20.53M
Dividends Paid----47.77K709.18K1.49M4.10M6.11M11.38M14.44M15.31M14.30M06.29M
FCF to OCF51.74%78.51%69.16%141.34%122.41%151.61%-147.55%84.91%66.42%969.06%20.77%44.37%24.89%91.78%71.90%
Dividend Paid to FCF-----2.07%-52.10%-357.52%70.92%120.74%-131.68%521.19%163.19%371.62%0.00%30.66%

Earnings

Report DateAug 27, 2014Nov 12, 2014Mar 27, 2015May 13, 2015Aug 12, 2015Nov 12, 2015Mar 24, 2016May 11, 2016Aug 11, 2016Nov 10, 2016Mar 31, 2017May 10, 2017Aug 3, 2017Nov 6, 2017Mar 7, 2018May 15, 2018Aug 8, 2018Nov 7, 2018Mar 20, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 28, 2020May 14, 2020Aug 13, 2020Nov 9, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 14, 2022May 9, 2022Aug 4, 2022Nov 3, 2022Mar 2, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Mar 21, 2024May 14, 2024Aug 13, 2024Nov 12, 2024Mar 19, 2025May 6, 2025Aug 5, 2025Nov 6, 2025Mar 12, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.05-0.13-0.23-0.16-0.08-0.12-0.14-0.20-0.13-0.15-0.20-0.32-0.17-0.13--0.02-0.09-0.190.07-0.220.100.16-0.07-0.06-0.160.22-0.320.170.230.35-0.170.190.310.33-0.220.180.140.13-0.34-0.060.100.240.220.050.060.080.020.050.090.12
EPS Actual-0.01-0.15-0.19-0.17-0.15-0.13-0.10-0.21-0.15-0.17-0.42-0.29-0.20-0.14-0.070.06-0.090.040.09-0.150.070.18-0.120.03-0.030.27-0.260.170.310.41-0.010.220.370.21-0.220.150.090.01-0.350.010.180.210.230.050.070.100.110.050.06-
Surprise80.00%-15.38%17.39%-6.25%-87.50%-8.33%28.57%-5.00%-15.38%-13.33%-110.00%9.38%-17.65%-7.69%-400.00%0.00%121.05%28.57%31.82%-30.00%12.50%-71.43%150.00%81.25%22.73%18.75%0.00%34.78%17.14%94.12%15.79%19.35%-36.36%0.00%-16.67%-35.71%-92.31%-2.94%116.67%80.00%-12.50%4.55%0.00%16.67%25.00%450.00%0.00%-33.33%-
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap87.11M
Enterprise Value128.16M
Trailing P/E29.29
Forward P/E4.04
PEG Ratio0.31
Price / Sales0.68
Price / Book5.03
EPS0.07
Book Value0.409
Revenue (TTM)128.64M
Gross Profit (TTM)59.82M
EBITDA15.12M
Profit Margin6.21%
Operating Margin5.73%
Return on Equity21.75%
Return on Assets6.82%
Shares Outstanding42.49M
Shares Float36.12M
Beta1.50
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 2 analystsTarget 7.33
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
23.16%
Insiders
15.25%
Retail / Other
61.59%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    1.47M3.47%
  • Hillsdale Investment Management Inc.
    923.41K2.17%
  • Ameriprise Financial Inc
    683.51K1.61%
  • Two Sigma Investments LLC
    579.83K1.36%
  • Dimensional Fund Advisors, Inc.
    575.97K1.36%
  • American Century Companies Inc
    509.69K1.20%
  • Renaissance Technologies Corp
    472.30K1.11%
  • Geode Capital Management, LLC
    441.80K1.04%
  • Bridgeway Capital Management, LLC
    415.99K0.98%
  • Jane Street Group LLC
    393.38K0.93%
  • Marshall Wace Asset Management Ltd
    373.73K0.88%
  • Wells Fargo & Co
    346.00K0.81%
  • GlobeFlex Capital, L.P.
    335.15K0.79%
  • Arrowstreet Capital Limited Partnership
    252.00K0.59%
  • The Goldman Sachs Group Inc
    228.37K0.54%
  • SEI Investments Co
    228.36K0.54%
  • Vanguard Fiduciary Trust Co
    221.57K0.52%
  • Apollo Management Holdings LP
    209.84K0.49%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.23M2.90%
  • Avantis US Small Cap Value ETF
    473.36K1.11%