CareCloud (CCLD) Change in Intangibles (2020 - 2023)
CareCloud (CCLD) recorded Change in Intangibles of $2.18 million in Q3 2023, down 5.8% from $2.31 million a year earlier and down 3.2% from the prior quarter.
CareCloud (CCLD) Change in Intangibles (2020 - 2023) Analysis & Trends
On a TTM basis, CareCloud's Change in Intangibles came in at $8.85 million as of Sep 30, 2023, down 5.1% year-over-year; for FY2022, it was $9.18 million, up 20.2% from FY2021.
- Annual Change in Intangibles has increased for three straight years, with a three-year compound annual growth rate of 157.4% (FY2019 to FY2022).
- Across earlier years, Change in Intangibles came in at $7.64 million in FY2021 (+47.9%), $5.16 million in FY2020 (+859.7%) and $538,000 in FY2019.
- The Q3 2023 figure is the lowest quarterly Change in Intangibles since Q3 2021.
- On a year-over-year basis, Change in Intangibles has declined for four consecutive quarters, with growth averaging 18.7% over the last eight quarters.
- Peak year-over-year performance for Change in Intangibles in the last five years was growth of 76.7% in Q3 2021, against a decline of 7.1% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.25 million (Q2 2023), $2.2 million (Q1 2023) and $2.21 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.65 Bn | 17.89 Bn | 695.95 Mn | 8.02 Mn |
| 3 | Samsara | 23.42 Bn | 20.19 Bn | 392.58 Mn | - |
| 4 | Toast | 16.88 Bn | 9.55 Bn | 516.00 Mn | - |
| 5 | Ptc | 16.22 Bn | 15.03 Bn | 490.47 Mn | - |
| 6 | Duolingo | 13.71 Bn | 8.88 Bn | 216.74 Mn | - |
| 7 | Trimble | 13.42 Bn | 12.48 Bn | 674.90 Mn | - |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | - |
| 9 | Costar | 11.23 Bn | 5.20 Bn | 728.00 Mn | - |
| 10 | CareCloud | 86.69 Mn | 60.75 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 2.18 Mn |
| Jun 30, 2023 | 2.25 Mn |
| Mar 31, 2023 | 2.20 Mn |
| Dec 31, 2022 | 2.21 Mn |
| Sep 30, 2022 | 2.31 Mn |
| Jun 30, 2022 | 2.40 Mn |
| Mar 31, 2022 | 2.25 Mn |
| Dec 31, 2021 | 2.36 Mn |
| Sep 30, 2021 | 2.02 Mn |
| Jun 30, 2021 | 1.73 Mn |
| Mar 31, 2021 | 1.52 Mn |
| Dec 31, 2020 | 1.40 Mn |
| Sep 30, 2020 | 1.15 Mn |
| Jun 30, 2020 | 981,000.00 |
| Mar 31, 2020 | 1.64 Mn |
CareCloud Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=CCLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "CCLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=CCLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();