CareCloud (CCLD) Cost of Revenue (2013 - 2023)

CareCloud (CCLD) has 11 years of Cost of Revenue data on file, last reported at $18.3 million in Q3 2023.

• On a quarterly basis, Cost of Revenue fell 10.52% year-over-year to $18.3 million in Q3 2023; TTM through Sep 2023 was $73.4 million, a 17.58% decrease from a year earlier, with the FY2022 full-year figure at $84.4 million, down 2.86% from the prior year.
• Cost of Revenue for Q3 2023 stood at $18.3 million, up from $17.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for CCLD reached as high as $24.2 million in Q4 2021 and fell as low as $9.4 million in Q4 2019.
• Historically, Cost of Revenue has averaged $17.4 million across 5 years, with a median of $18.3 million in 2023.
• Across the five-year window, Cost of Revenue soared 162.98% in 2019 and decreased 20.14% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $9.4 million in 2019, then jumped by 101.77% to $19.0 million in 2020, then climbed by 27.5% to $24.2 million in 2021, then fell by 19.14% to $19.6 million in 2022, then retreated by 6.68% to $18.3 million in 2023.
• Per Business Quant data, the three most recent Cost of Revenue figures were $18.3 million in Q3 2023, $17.5 million in Q2 2023, and $18.1 million in Q1 2023.