MTBC
Income statement / Annual
Last year (2023), CareCloud, Inc.'s total revenue was $117.06 M,
a decrease of 15.68% from the previous year.
In 2023, CareCloud, Inc.'s net income was -$48.67 M.
See CareCloud, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$117.06 M
|
$138.83 M
|
$139.60 M
|
$105.12 M
|
$64.44 M
|
$50.55 M
|
$31.81 M
|
$24.49 M
|
$23.08 M
|
$18.30 M
|
| Cost of Revenue |
$70.82 M |
$84.43 M |
$86.92 M |
$64.82 M |
$41.19 M |
$31.25 M |
$17.68 M |
$13.42 M |
$11.63 M |
$10.64 M |
| Gross Profit |
$46.24 M |
$54.39 M |
$52.68 M |
$40.30 M |
$23.25 M |
$19.29 M |
$14.13 M |
$11.08 M |
$11.45 M |
$7.67 M |
| Gross Profit Ratio |
0.4 |
0.39 |
0.38 |
0.38 |
0.36 |
0.38 |
0.44 |
0.45 |
0.5 |
0.42 |
| Research and Development
Expenses |
$4.74 M
|
$4.40 M
|
$4.41 M
|
$9.31 M
|
$870,780.00
|
$1.03 M
|
$1.08 M
|
$902,186.00
|
$659,176.00
|
$531,676.00
|
| General & Administrative
Expenses |
$21.46 M
|
$23.82 M
|
$24.27 M
|
$22.81 M
|
$17.91 M
|
$16.26 M
|
$11.74 M
|
$12.46 M
|
$11.97 M
|
$9.94 M
|
| Selling & Marketing
Expenses |
$9.65 M
|
$9.79 M
|
$8.79 M
|
$6.58 M
|
$1.52 M
|
$1.61 M
|
$1.11 M
|
$1.22 M
|
$467,446.00
|
$253,280.00
|
| Selling, General &
Administrative Expenses |
$31.11 M
|
$33.61 M
|
$33.06 M
|
$29.39 M
|
$19.43 M
|
$17.88 M
|
$12.84 M
|
$13.68 M
|
$12.44 M
|
$10.20 M
|
| Other Expenses |
$57.51 M |
$11.73 M |
$12.20 M |
$9.91 M |
$3.01 M |
$59,526.00 |
$83,567.00 |
-$53,276.00 |
$26,948.00 |
-$134,715.00 |
| Operating Expenses |
$93.36 M |
$49.73 M |
$49.66 M |
$48.61 M |
$23.31 M |
$21.76 M |
$18.23 M |
$19.69 M |
$17.69 M |
$13.52 M |
| Cost And Expenses |
$164.17 M |
$134.17 M |
$136.58 M |
$113.43 M |
$64.50 M |
$53.01 M |
$35.91 M |
$33.11 M |
$29.32 M |
$24.16 M |
| Interest Income |
$154,000.00 |
$41,000.00 |
$15,000.00 |
$42,000.00 |
$262,001.00 |
$100,788.00 |
$16,944.00 |
$36,411.00 |
$26,795.00 |
$26,605.00 |
| Interest Expense |
$1.19 M |
$405,000.00 |
$455,000.00 |
$488,000.00 |
$382,673.00 |
$351,168.00 |
$1.32 M |
$682,083.00 |
$288,406.00 |
$183,466.00 |
| Depreciation &
Amortization |
$16.55 M
|
$15.01 M
|
$15.77 M
|
$12.79 M
|
$4.89 M
|
$2.85 M
|
$4.30 M
|
$5.11 M
|
$4.60 M
|
$2.79 M
|
| EBITDA |
-$31.29 M
|
$21.03 M
|
$19.22 M
|
$4.57 M
|
$3.13 M
|
$909,128.00
|
$126,807.00
|
-$2.81 M
|
$337,423.00
|
-$1.36 M
|
| EBITDA Ratio |
-0.27 |
0.14 |
0.11 |
0.02 |
0.04 |
0.01 |
0.01 |
-0.14 |
-0.07 |
-0.17 |
| Operating Income Ratio
|
-0.4
|
0.03
|
0.03
|
-0.08
|
-0.01
|
-0.05
|
-0.14
|
-0.32
|
-0.19
|
-0.22
|
| Total Other
Income/Expenses Net |
-$1.92 M
|
-$1.00 M
|
-$536,000.00
|
-$439,000.00
|
-$746,020.00
|
$243,952.00
|
-$975,191.00
|
-$698,948.00
|
-$91,330.00
|
-$291,576.00
|
| Income Before Tax |
-$49.04 M |
$5.61 M |
$2.99 M |
-$8.71 M |
-$679,020.00 |
-$2.30 M |
-$5.50 M |
-$8.60 M |
-$4.55 M |
-$4.33 M |
| Income Before Tax Ratio
|
-0.42
|
0.04
|
0.02
|
-0.08
|
-0.01
|
-0.05
|
-0.17
|
-0.35
|
-0.2
|
-0.24
|
| Income Tax Expense |
-$364,000.00 |
$177,000.00 |
$157,000.00 |
$103,000.00 |
$192,780.00 |
-$157,385.00 |
$67,805.00 |
$196,802.00 |
$137,786.00 |
$176,525.00 |
| Net Income |
-$48.67 M |
$5.43 M |
$2.84 M |
-$8.81 M |
-$871,800.00 |
-$2.14 M |
-$5.57 M |
-$8.80 M |
-$4.69 M |
-$4.51 M |
| Net Income Ratio |
-0.42 |
0.04 |
0.02 |
-0.08 |
-0.01 |
-0.04 |
-0.17 |
-0.36 |
-0.2 |
-0.25 |
| EPS |
-4.11 |
0.36 |
0.2 |
-0.7 |
-0.0721 |
-0.18 |
-0.51 |
-0.88 |
-0.48 |
-0.64 |
| EPS Diluted |
-4.11 |
0.36 |
0.2 |
-0.7 |
-0.0721 |
-0.18 |
-0.51 |
-0.88 |
-0.48 |
-0.64 |
| Weighted Average Shares
Out |
$15.67 M
|
$15.11 M
|
$14.54 M
|
$12.68 M
|
$12.09 M
|
$11.72 M
|
$11.01 M
|
$10.04 M
|
$9.73 M
|
$7.08 M
|
| Weighted Average Shares
Out Diluted |
$15.67 M
|
$15.11 M
|
$14.54 M
|
$12.68 M
|
$12.09 M
|
$11.72 M
|
$11.01 M
|
$10.04 M
|
$9.73 M
|
$7.08 M
|
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