CareCloud (CCLD) Cost of Revenue (2013 - 2023)
CareCloud's Cost of Revenue was $18.26 million in Q3 2023, down 10.5% from $20.41 million a year earlier but up 4.5% from the prior quarter.
CareCloud (CCLD) Cost of Revenue (2013 - 2023) Analysis & Trends
On a trailing twelve-month basis, CareCloud's Cost of Revenue was $73.41 million through Sep 30, 2023, down 17.6% year-over-year; for FY2022, it came in at $84.43 million, down 2.9% from FY2021.
- Cost of Revenue shows a five-year compound annual growth rate of 36.7% (FY2017 to FY2022).
- In earlier years, Cost of Revenue was $86.92 million in FY2021 (+34.1%), $64.82 million in FY2020 (+57.4%), $41.19 million in FY2019 (+31.8%) and $31.25 million in FY2018 (+76.8%).
- Quarterly Cost of Revenue has moved between $9.41 million (Q4 2019) and $24.2 million (Q4 2021) over five years.
- Compared with a year earlier, Cost of Revenue has declined for five straight quarters, with an average decline of 3.2% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q2 2019 (growth of 163.0%); the worst was Q1 2023 (a decline of 20.1%).
- Per Business Quant data, CCLD's Cost of Revenue in the three quarters before Q3 2023 was $17.48 million (Q2 2023), $18.11 million (Q1 2023) and $19.57 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | 232.01 Mn |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | 115.86 Mn |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | 1.39 Bn |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | 109.58 Mn |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | 81.71 Mn |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 297.10 Mn |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | 129.46 Mn |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | 197.00 Mn |
| 10 | CareCloud | 85.84 Mn | 59.90 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 18.26 Mn |
| Jun 30, 2023 | 17.48 Mn |
| Mar 31, 2023 | 18.11 Mn |
| Dec 31, 2022 | 19.57 Mn |
| Sep 30, 2022 | 20.41 Mn |
| Jun 30, 2022 | 21.79 Mn |
| Mar 31, 2022 | 22.67 Mn |
| Dec 31, 2021 | 24.20 Mn |
| Sep 30, 2021 | 24.12 Mn |
| Jun 30, 2021 | 20.53 Mn |
| Mar 31, 2021 | 18.06 Mn |
| Dec 31, 2020 | 18.98 Mn |
| Sep 30, 2020 | 19.72 Mn |
| Jun 30, 2020 | 12.56 Mn |
| Mar 31, 2020 | 13.57 Mn |
| Dec 31, 2019 | 9.41 Mn |
| Sep 30, 2019 | 10.54 Mn |
| Jun 30, 2019 | 11.40 Mn |
| Mar 31, 2019 | 9.85 Mn |
| Dec 31, 2018 | 10.31 Mn |
CareCloud Cost of Revenue 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=cost-of-revenue&ticker=CCLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=CCLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();