CCLD Chart
About

CareCloud, Inc., a healthcare information technology (IT) 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 in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; 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, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; and professional and consulting services, workforce augmentation and 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.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Health Information Servi Market Cap 101.33M
Enterprise Value 106.74M Income 2.38M Sales 114.31M
Book/sh 1.36 Cash/sh 0.10 Dividend Yield —
Payout 0.00% Employees 3650 IPO —
P/E 34.14 Forward P/E 6.52 PEG —
P/S 0.89 P/B 1.75 P/C —
EV/EBITDA 6.81 EV/Sales 0.93 Quick Ratio 1.01
Current Ratio 1.26 Debt/Eq 16.72 LT Debt/Eq —
EPS (ttm) 0.07 EPS next Y 0.37 EPS Growth —
Revenue Growth 8.80% Earnings 2026-03-12 ROA 9.24%
ROE 21.49% ROIC — Gross Margin 46.49%
Oper. Margin 10.39% Profit Margin 9.80% Shs Outstand 42.40M
Shs Float 35.98M Short Float 1.45% Short Ratio 1.94
Short Interest — 52W High 4.01 52W Low 1.14
Beta 2.08 Avg Volume 306.72K Volume 127.33K
Target Price $6.31 Recom None Prev Close $2.39
Price $2.39 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.31
Mean price target
2. Current target
$2.40
Latest analyst target
3. DCF / Fair value
$5.66
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.40
Low
$3.25
High
$8.00
Mean
$6.31

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-03-14 reit Roth MKM Neutral → Neutral $2
2024-11-15 reit Benchmark Buy → Buy $5
2024-05-16 main Benchmark Buy → Buy $4
2024-03-25 reit Benchmark Buy → Buy $4
2024-03-22 up Maxim Group Hold → Buy $3
2023-11-16 reit Benchmark Buy → Buy $4
2023-08-04 down Roth MKM Buy → Neutral $3
2023-05-05 reit EF Hutton — → Buy $9
2023-03-20 init EF Hutton — → Buy $9
2023-03-03 reit HC Wainwright & Co. — → Buy $5
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-9.31K-325.82K42.35K27.59K
TaxRateForCalcs0.020.010.030.05
NormalizedEBITDA25.84M13.09M20.28M19.17M
TotalUnusualItems-466.00K-43.90M1.34M526.00K
TotalUnusualItemsExcludingGoodwill-466.00K-43.90M1.34M526.00K
NetIncomeFromContinuingOperationNetMinorityInterest7.85M-48.67M5.43M2.84M
ReconciledDepreciation16.46M17.04M15.60M16.25M
ReconciledCostOfRevenue58.52M68.18M80.56M82.86M
EBITDA25.37M-30.80M21.62M19.70M
EBIT8.91M-47.84M6.01M3.45M
NetInterestIncome-812.00K-1.04M-364.00K-440.00K
InterestExpense900.00K1.19M405.00K455.00K
InterestIncome88.00K154.00K41.00K15.00K
NormalizedIncome8.31M-5.10M4.13M2.34M
NetIncomeFromContinuingAndDiscontinuedOperation7.85M-48.67M5.43M2.84M
TotalExpenses101.12M121.07M134.17M136.58M
TotalOperatingIncomeAsReported9.12M-47.12M6.61M3.53M
DilutedAverageShares16.15M15.67M15.11M14.54M
BasicAverageShares16.15M15.67M15.11M14.54M
DilutedEPS-0.28-4.11-0.67-0.77
BasicEPS-0.28-4.11-0.67-0.77
DilutedNIAvailtoComStockholders-4.46M-64.35M-10.09M-11.22M
NetIncomeCommonStockholders-4.46M-64.35M-10.09M-11.22M
PreferredStockDividends12.31M15.67M15.52M14.05M
NetIncome7.85M-48.67M5.43M2.84M
NetIncomeIncludingNoncontrollingInterests7.85M-48.67M5.43M2.84M
NetIncomeContinuousOperations7.85M-48.67M5.43M2.84M
TaxProvision160.00K-364.00K177.00K157.00K
PretaxIncome8.01M-49.04M5.61M2.99M
OtherIncomeExpense-894.00K-43.99M1.31M414.00K
OtherNonOperatingIncomeExpenses-428.00K-93.00K-27.00K-112.00K
SpecialIncomeCharges-596.00K-43.10M1.95M510.00K
OtherSpecialCharges596.00K1.10M1.14M2.00M
ImpairmentOfCapitalAssets0.0042.00M0.00
RestructuringAndMergernAcquisition0.00-3.09M-2.52M
GainOnSaleOfSecurity130.00K-790.00K-610.00K16.00K
NetNonOperatingInterestIncomeExpense-812.00K-1.04M-364.00K-440.00K
InterestExpenseNonOperating900.00K1.19M405.00K455.00K
InterestIncomeNonOperating88.00K154.00K41.00K15.00K
OperatingIncome9.72M-4.01M4.66M3.02M
OperatingExpense40.28M50.25M49.73M49.66M
DepreciationAmortizationDepletionIncomeStatement14.14M14.40M11.72M12.20M
DepreciationAndAmortizationInIncomeStatement14.14M14.40M11.72M12.20M
ResearchAndDevelopment3.78M4.74M4.40M4.41M
SellingGeneralAndAdministration22.36M31.11M33.61M33.06M
SellingAndMarketingExpense6.23M9.65M9.79M8.79M
GeneralAndAdministrativeExpense16.12M21.46M23.82M24.27M
OtherGandA16.12M21.46M23.82M24.27M
GrossProfit49.99M46.24M54.39M52.68M
CostOfRevenue60.84M70.82M84.43M86.92M
TotalRevenue110.84M117.06M138.83M139.60M
OperatingRevenue110.84M117.06M138.83M139.60M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber740.80K740.80K740.80K740.80K
PreferredSharesNumber6.04M6.00M5.87M5.30M
OrdinarySharesNumber16.26M15.88M15.23M14.92M
ShareIssued17.00M16.62M15.97M15.66M
NetDebt7.00M
TotalDebt3.47M14.73M13.81M16.87M
TangibleBookValue11.88M-2.55M10.98M5.96M
InvestedCapital50.10M52.04M110.02M106.29M
WorkingCapital5.22M-57.00K12.26M6.00M
NetTangibleAssets11.89M-2.54M10.98M5.97M
CapitalLeaseObligations3.13M4.40M5.48M8.51M
CommonStockEquity49.77M41.71M101.68M97.93M
PreferredStockEquity6.00K6.00K6.00K5.00K
TotalCapitalization49.80M51.75M109.70M105.95M
TotalEquityGrossMinorityInterest49.77M41.72M101.69M97.93M
StockholdersEquity49.77M41.72M101.69M97.93M
GainsLossesNotAffectingRetainedEarnings-4.00M-3.87M-3.04M-1.75M
OtherEquityAdjustments-4.00M-3.87M-3.04M-1.75M
TreasuryStock662.00K662.00K662.00K662.00K
RetainedEarnings-66.63M-74.48M-25.62M-31.05M
AdditionalPaidInCapital121.05M120.71M130.99M131.38M
CapitalStock23.00K23.00K22.00K21.00K
CommonStock17.00K17.00K16.00K16.00K
PreferredStock6.00K6.00K6.00K5.00K
TotalLiabilitiesNetMinorityInterest21.84M36.11M34.48M42.92M
TotalNonCurrentLiabilitiesNetMinorityInterest2.26M12.81M12.09M13.36M
NonCurrentDeferredLiabilities387.00K256.00K867.00K790.00K
NonCurrentDeferredRevenue387.00K256.00K342.00K341.00K
NonCurrentDeferredTaxesLiabilities0.00525.00K449.00K
LongTermDebtAndCapitalLeaseObligation1.87M12.55M11.22M12.56M
LongTermCapitalLeaseObligation1.85M2.52M3.21M4.54M
LongTermDebt26.00K10.04M8.01M8.02M
CurrentLiabilities19.58M23.30M22.40M29.56M
OtherCurrentLiabilities3.09M
CurrentDeferredLiabilities1.21M1.38M1.39M2.02M
CurrentDeferredRevenue1.21M1.38M1.39M1.08M
CurrentDeferredTaxesLiabilities0.00934.00K
CurrentDebtAndCapitalLeaseObligation1.60M2.18M2.59M4.31M
CurrentCapitalLeaseObligation1.29M1.89M2.27M3.96M
CurrentDebt310.00K292.00K319.00K344.00K
OtherCurrentBorrowings310.00K292.00K319.00K344.00K
PensionandOtherPostRetirementBenefitPlansCurrent1.82M3.44M4.25M4.25M
PayablesAndAccruedExpenses14.95M16.30M14.17M15.89M
CurrentAccruedExpenses4.95M5.07M4.43M5.09M
Payables10.00M11.23M9.74M10.80M
OtherPayable1.00M
DividendsPayable5.44M5.43M4.06M3.86M
AccountsPayable4.57M5.80M5.68M5.95M
TotalAssets71.61M77.83M136.17M140.85M
TotalNonCurrentAssets46.81M54.58M101.52M105.29M
OtherNonCurrentAssets507.00K641.00K838.00K981.00K
GoodwillAndOtherIntangibleAssets37.88M44.26M90.71M91.96M
OtherIntangibleAssets18.70M25.07M29.52M30.78M
Goodwill19.19M19.19M61.19M61.19M
NetPPE8.42M9.68M9.98M12.34M
AccumulatedDepreciation-10.72M-8.66M-7.40M-6.41M
GrossPPE19.14M18.34M17.37M18.76M
Leases6.36M5.35M3.46M1.62M
OtherProperties3.30M4.37M4.99M8.62M
MachineryFurnitureEquipment9.49M8.62M8.92M8.51M
Properties0.000.000.000.00
CurrentAssets24.80M23.24M34.65M35.56M
OtherCurrentAssets1.96M2.45M2.79M2.97M
RestrictedCash0.001.00M
PrepaidAssets2.97M
Inventory574.00K465.00K381.00K503.00K
Receivables17.12M17.00M19.19M21.74M
OtherReceivables4.33M5.09M4.40M4.72M
DuefromRelatedPartiesCurrent16.00K16.00K16.00K13.00K
AccountsReceivable12.77M11.89M14.77M17.01M
AllowanceForDoubtfulAccountsReceivable-837.00K-879.00K-823.00K-537.00K
GrossAccountsReceivable13.61M12.77M15.60M17.54M
CashCashEquivalentsAndShortTermInvestments5.14M3.33M12.30M9.34M
CashAndCashEquivalents5.14M3.33M12.30M9.34M
CashFinancial5.14M3.33M12.30M9.34M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow13.24M3.85M9.38M2.77M
RepurchaseOfCapitalStock0.00-20.00M0.00
RepaymentOfDebt-10.68M-13.59M-26.50M-19.05M
IssuanceOfDebt0.0014.70M25.50M26.00M
IssuanceOfCapitalStock0.001.43M30.90M2.73M
CapitalExpenditure-7.41M-11.61M-11.77M-10.56M
InterestPaidSupplementalData677.00K927.00K162.00K103.00K
IncomeTaxPaidSupplementalData157.00K144.00K153.00K282.00K
EndCashPosition5.14M3.33M12.30M10.34M
BeginningCashPosition3.33M12.30M10.34M20.93M
EffectOfExchangeRateChanges-166.00K469.00K225.00K-254.00K
ChangesInCash1.98M-9.44M1.73M-10.33M
FinancingCashFlow-11.26M-13.29M-7.65M-519.00K
CashFlowFromContinuingFinancingActivities-11.26M-13.29M-7.65M-519.00K
NetOtherFinancingCharges-579.00K-1.52M-2.23M-2.20M
ProceedsFromStockOptionExercised0.006.43M
CashDividendsPaid0.00-14.30M-15.31M-14.44M
PreferredStockDividendPaid0.00-14.30M-15.31M-14.44M
NetPreferredStockIssuance0.001.43M10.90M0.00
PreferredStockPayments0.00-20.00M0.00
PreferredStockIssuance0.001.43M30.90M0.00
NetCommonStockIssuance0.002.73M
CommonStockIssuance0.002.73M
NetIssuancePaymentsOfDebt-10.68M1.11M-1.00M6.96M
NetShortTermDebtIssuance8.00M
ShortTermDebtPayments-18.00M
ShortTermDebtIssuance26.00M
NetLongTermDebtIssuance-10.68M1.11M-1.00M6.96M
LongTermDebtPayments-10.68M-13.59M-26.50M-19.05M
LongTermDebtIssuance0.0014.70M25.50M26.00M
InvestingCashFlow-7.41M-11.61M-11.77M-23.15M
CashFlowFromContinuingInvestingActivities-7.41M-11.61M-11.77M-23.15M
NetBusinessPurchaseAndSale0.00-12.58M
PurchaseOfBusiness0.00-12.58M
NetIntangiblesPurchaseAndSale-7.64M
PurchaseOfIntangibles-7.64M
NetPPEPurchaseAndSale-1.70M-3.06M-2.59M-2.93M
PurchaseOfPPE-1.70M-3.06M-2.59M-2.93M
CapitalExpenditureReported-5.71M-8.55M-9.18M-7.64M
OperatingCashFlow20.64M15.46M21.15M13.33M
CashFlowFromContinuingOperatingActivities20.64M15.46M21.15M13.33M
ChangeInWorkingCapital-4.55M-1.11M-4.03M-10.79M
ChangeInOtherCurrentAssets673.00K682.00K619.00K921.00K
ChangeInPayablesAndAccruedExpense-4.65M-3.26M-6.59M-10.37M
ChangeInPayable-4.65M-3.26M-6.59M-10.37M
ChangeInAccountPayable-4.65M-3.26M-6.59M-10.37M
ChangeInInventory-109.00K-84.00K122.00K-104.00K
ChangeInReceivables-460.00K1.55M1.82M-1.24M
ChangesInAccountReceivables-1.22M2.25M1.49M-620.00K
OtherNonCashItems555.00K596.00K-2.19M-1.69M
StockBasedCompensation115.00K4.89M4.91M5.40M
ProvisionandWriteOffofAssets334.00K454.00K740.00K890.00K
AssetImpairmentCharge0.0042.00M0.00
DeferredTax0.00-525.00K76.00K289.00K
DeferredIncomeTax0.00-525.00K76.00K289.00K
DepreciationAmortizationDepletion16.46M17.04M15.60M16.25M
DepreciationAndAmortization16.46M17.04M15.60M16.25M
Depreciation16.46M17.04M15.60M16.25M
OperatingGainsLosses-130.00K790.00K610.00K156.00K
NetForeignCurrencyExchangeGainLoss-130.00K790.00K610.00K-16.00K
NetIncomeFromContinuingOperations7.85M-48.67M5.43M2.84M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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