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 - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 102 % -30.2%
Quick Ratio 2.12 % +15.3%
Debt-to-equity 73.2 % +102%
Return On Equity -90.6 % -1827%
Return On Assets -52.3 % -1417%
Operating Margin -34.2 % -1538%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.2M shares +2.31%
Common Stock, Shares, Outstanding 16.2M shares +2.3%
Entity Public Float 30.4M USD -9.52%
Common Stock, Value, Issued 17K USD 0%
Weighted Average Number of Shares Outstanding, Basic 16.2M shares +2.76%
Weighted Average Number of Shares Outstanding, Diluted 16.2M shares +2.76%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 111M USD -8.39%
Research and Development Expense 3.98M USD -14.8%
Selling and Marketing Expense 6.93M USD -30.7%
General and Administrative Expense 17.1M USD -21.9%
Operating Income (Loss) -38M USD -1401%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -39.6M USD -832%
Income Tax Expense (Benefit) -449K USD -289%
Net Income (Loss) Attributable to Parent -39.2M USD -774%
Earnings Per Share, Basic 0.51 USD/shares +90.5%
Earnings Per Share, Diluted 0.51 USD/shares +90.5%

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 12M USD -2.58%
Inventory, Net 514K USD +7.53%
Assets, Current 22.7M USD -17.6%
Property, Plant and Equipment, Net 4.89M USD -7.99%
Operating Lease, Right-of-Use Asset 3.31M USD -26.3%
Intangible Assets, Net (Excluding Goodwill) 20.1M USD -24.7%
Goodwill 19.2M USD
Other Assets, Noncurrent 536K USD -28.1%
Assets 70.7M USD -43.9%
Accounts Payable, Current 5.57M USD -10.8%
Employee-related Liabilities, Current 2.55M USD -18.4%
Accrued Liabilities, Current 5.14M USD +11%
Contract with Customer, Liability, Current 1.31M USD -14.1%
Liabilities, Current 21.9M USD -0.06%
Long-term Debt and Lease Obligation 10.3M USD +24%
Contract with Customer, Liability, Noncurrent 327K USD -22.5%
Deferred Income Tax Liabilities, Net 606K USD +18.6%
Operating Lease, Liability, Noncurrent 1.9M USD -31.9%
Liabilities 24.2M USD -36%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.96M USD +7.74%
Retained Earnings (Accumulated Deficit) -69.9M USD -127%
Stockholders' Equity Attributable to Parent 46.5M USD -47.2%
Liabilities and Equity 70.7M USD -43.9%

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 17M shares +2.19%
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 3.32M USD -27.7%
Payments to Acquire Property, Plant, and Equipment 298K USD -64.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -38.8M USD -641%
Lessee, Operating Lease, Liability, to be Paid 4.98M USD -24.1%
Property, Plant and Equipment, Gross 14M USD +12.2%
Operating Lease, Liability, Current 1.42M USD -21.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 623K USD -50.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.45M USD -27.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure +15.6%
Deferred Income Tax Expense (Benefit) -606K USD -887%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.65M USD -15.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 469K USD -6.39%
Current Income Tax Expense (Benefit) 138K USD +4.55%
Preferred Stock, Shares Authorized 7M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 396K USD +5.88%
Additional Paid in Capital 121M USD -2.29%
Amortization of Intangible Assets 2.5M USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%