CareCloud (CCLD) Gross Profit (2013 - 2023)
CareCloud's (CCLD) quarterly Gross Profit came in at $11.0 million in Q3 2023, down 17.25% year-on-year from $13.3 million in Q3 2022, and down 7.29% on a QoQ basis from $11.9 million in Q2 2023.
CareCloud (CCLD) Gross Profit (2013 - 2023) Analysis & Trends
CareCloud (CCLD) has 11 years of Gross Profit data on file, last reported at $11.0 million in Q3 2023.
- On a quarterly basis, Gross Profit fell 17.25% year-over-year to $11.0 million in Q3 2023; TTM through Sep 2023 was $47.8 million, a 12.66% decrease from a year earlier, with the FY2022 full-year figure at $54.4 million, up 3.25% from the prior year.
- Gross Profit for Q3 2023 stood at $11.0 million, down from $11.9 million in the prior quarter.
- Over the last five years, Gross Profit for CCLD reached as high as $15.4 million in Q2 2022 and fell as low as $5.2 million in Q1 2019.
- Historically, Gross Profit has averaged $10.8 million across 5 years, with a median of $11.9 million in 2023.
- Across the five-year window, Gross Profit soared 105.59% in 2020 and declined 23.02% in 2023, its largest moves.
- Year by year, Gross Profit stood at $6.4 million in 2019, then surged by 105.59% to $13.1 million in 2020, then advanced by 1.57% to $13.3 million in 2021, then fell by 2.24% to $13.0 million in 2022, then retreated by 15.01% to $11.0 million in 2023.
- Per Business Quant data, the three most recent Gross Profit figures were $11.0 million in Q3 2023, $11.9 million in Q2 2023, and $11.9 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - |
| 10 | CareCloud | 92.16 Mn | 87.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 11.02 Mn |
| Sep 30, 2023 | 11.02 Mn |
| Jun 30, 2023 | 11.89 Mn |
| Jun 30, 2023 | 11.89 Mn |
| Mar 31, 2023 | 11.89 Mn |
| Mar 31, 2023 | 11.89 Mn |
| Dec 31, 2022 | 12.97 Mn |
| Dec 31, 2022 | 12.97 Mn |
| Sep 30, 2022 | 13.32 Mn |
| Sep 30, 2022 | 13.32 Mn |
| Jun 30, 2022 | 15.44 Mn |
| Jun 30, 2022 | 15.44 Mn |
| Mar 31, 2022 | 12.67 Mn |
| Mar 31, 2022 | 12.67 Mn |
| Dec 31, 2021 | 13.26 Mn |
| Dec 31, 2021 | 13.26 Mn |
| Sep 30, 2021 | 14.18 Mn |
| Sep 30, 2021 | 14.18 Mn |
| Jun 30, 2021 | 13.53 Mn |
| Jun 30, 2021 | 13.53 Mn |