CareCloud, Inc. financial data

Symbol
CCLD, CCLDO, CCLDP on Nasdaq
Industry
Services-Prepackaged Software
Location
7 Clyde Road, Somerset, Somerset, NJ
State of incorporation
DE
Fiscal year end
December 31
Former names
MTBC, Inc. (to 3/25/2021), MEDICAL TRANSCRIPTION BILLING, CORP (to 1/7/2019)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 107 % -25.6%
Quick Ratio 2.08 % +21.6%
Debt-to-equity 65.3 % +100%
Return On Equity -84 % -12164%
Return On Assets -50.8 % -9738%
Operating Margin -38.7 % -4406%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.2M shares +3.75%
Common Stock, Shares, Outstanding 16.1M shares +3.31%
Entity Public Float 30.4M USD -9.52%
Common Stock, Value, Issued 17K USD +6.25%
Weighted Average Number of Shares Outstanding, Basic 16.1M shares +3.31%
Weighted Average Number of Shares Outstanding, Diluted 16.1M shares +3.31%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 112M USD -11%
Research and Development Expense 4.44M USD -3.06%
Selling and Marketing Expense 7.89M USD -22.4%
General and Administrative Expense 18.2M USD -20.5%
Operating Income (Loss) -43.2M USD -3930%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -45.4M USD -10158%
Income Tax Expense (Benefit) -433K USD -284%
Net Income (Loss) Attributable to Parent -45M USD -6542%
Earnings Per Share, Basic 0.13 USD/shares +62.2%
Earnings Per Share, Diluted 0.13 USD/shares +62.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12.3M USD +31.7%
Accounts Receivable, after Allowance for Credit Loss, Current 13.1M USD +8.83%
Inventory, Net 497K USD +23.6%
Assets, Current 23.9M USD -14%
Property, Plant and Equipment, Net 5.06M USD +6.49%
Operating Lease, Right-of-Use Asset 3.73M USD -15.7%
Intangible Assets, Net (Excluding Goodwill) 21.5M USD -23%
Goodwill 19.2M USD
Other Assets, Noncurrent 624K USD -15.3%
Assets 74M USD -41.6%
Accounts Payable, Current 5.45M USD +5.19%
Employee-related Liabilities, Current 2.82M USD -10.3%
Accrued Liabilities, Current 6.62M USD +68.3%
Contract with Customer, Liability, Current 1.22M USD -1.45%
Liabilities, Current 23.2M USD +18.5%
Long-term Debt and Lease Obligation 10.3M USD +24%
Contract with Customer, Liability, Noncurrent 390K USD +5.41%
Deferred Income Tax Liabilities, Net 606K USD +18.6%
Operating Lease, Liability, Noncurrent 2.1M USD -23.1%
Liabilities 30.8M USD -7.65%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.91M USD +16%
Retained Earnings (Accumulated Deficit) -73M USD -161%
Stockholders' Equity Attributable to Parent 43.2M USD -53.8%
Liabilities and Equity 74M USD -41.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.07M USD +297%
Net Cash Provided by (Used in) Financing Activities -1.37M USD +23.1%
Net Cash Provided by (Used in) Investing Activities -1.87M USD +38.5%
Common Stock, Shares Authorized 35M shares 0%
Common Stock, Shares, Issued 16.9M shares +3.16%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 807K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.41M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 295K USD +293%
Deferred Tax Assets, Valuation Allowance 87.6M USD -4.88%
Deferred Tax Assets, Gross 1.69M USD +63.4%
Operating Lease, Liability 3.72M USD -21.1%
Payments to Acquire Property, Plant, and Equipment 298K USD -64.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -44.3M USD -1797%
Lessee, Operating Lease, Liability, to be Paid 5.48M USD -17.2%
Property, Plant and Equipment, Gross 14M USD +12.2%
Operating Lease, Liability, Current 1.62M USD -18.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 586K USD -47.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.41M USD -23.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.14 pure +16.3%
Deferred Income Tax Expense (Benefit) -589K USD -720%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.76M USD -7.48%
Lessee, Operating Lease, Liability, to be Paid, Year Three 463K USD +27.9%
Current Income Tax Expense (Benefit) 138K USD +13.1%
Preferred Stock, Shares Authorized 7M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 396K USD +73.7%
Additional Paid in Capital 121M USD -4.74%
Amortization of Intangible Assets 2.5M USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%