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

CareCloud (CCLD) has reported Cost of Revenue for 11 consecutive years, with $18.3 million the latest figure, recorded 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 was $18.3 million for Q3 2023 at CareCloud, up from $17.5 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $24.2 million in Q4 2021 and troughed at $9.4 million in Q4 2019.
• A 5-year average of $17.4 million and a median of $18.3 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue jumped 162.98% in 2019 and slipped 20.14% in 2023, its largest moves.
• Over 5 years, Cost of Revenue stood at $9.4 million in 2019, then jumped by 101.77% to $19.0 million in 2020, then increased by 27.5% to $24.2 million in 2021, then decreased by 19.14% to $19.6 million in 2022, then slipped by 6.68% to $18.3 million in 2023.
• The last three Cost of Revenue figures came in at $18.3 million (Q3 2023), $17.5 million (Q2 2023), and $18.1 million (Q1 2023), per Business Quant data.