CareCloud (CCLD) Gross Profit (2013 - 2023)
CareCloud (CCLD) posted Gross Profit of $11.02 million for Q3 2023, down 17.2% from $13.32 million a year earlier and down 7.3% from the prior quarter.
CareCloud (CCLD) Gross Profit (2013 - 2023) Analysis & Trends
For the trailing twelve months through Sep 30, 2023, Gross Profit at CareCloud was $47.77 million, down 12.7% year-over-year; for FY2022, it came in at $54.39 million, up 3.2% from FY2021.
- Annual Gross Profit has increased for six consecutive years, with a five-year compound annual growth rate of 30.9% (FY2017 to FY2022).
- In prior years, CareCloud's Gross Profit was $52.68 million in FY2021 (+30.7%), $40.3 million in FY2020 (+73.3%), $23.25 million in FY2019 (+20.5%) and $19.29 million in FY2018 (+36.5%).
- The Q3 2023 figure stands as the lowest quarterly Gross Profit since Q2 2020.
- On a year-over-year basis, Gross Profit has declined in each of the last five quarters, with an average decline of 3.9% over the last eight quarters.
- The strongest year-over-year quarter for Gross Profit in the past five years was Q4 2020, with growth of 105.6%; the weakest was Q2 2023, with a decline of 23.0%.
- According to Business Quant data, Gross Profit for the three prior quarters was $11.89 million (Q2 2023), $11.89 million (Q1 2023) and $12.97 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn |
| 10 | CareCloud | 86.69 Mn | 60.75 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 11.02 Mn |
| Jun 30, 2023 | 11.89 Mn |
| Mar 31, 2023 | 11.89 Mn |
| Dec 31, 2022 | 12.97 Mn |
| Sep 30, 2022 | 13.32 Mn |
| Jun 30, 2022 | 15.44 Mn |
| Mar 31, 2022 | 12.67 Mn |
| Dec 31, 2021 | 13.26 Mn |
| Sep 30, 2021 | 14.18 Mn |
| Jun 30, 2021 | 13.53 Mn |
| Mar 31, 2021 | 11.71 Mn |
| Dec 31, 2020 | 13.06 Mn |
| Sep 30, 2020 | 11.92 Mn |
| Jun 30, 2020 | 7.02 Mn |
| Mar 31, 2020 | 8.30 Mn |
| Dec 31, 2019 | 6.35 Mn |
| Sep 30, 2019 | 6.32 Mn |
| Jun 30, 2019 | 5.35 Mn |
| Mar 31, 2019 | 5.23 Mn |
| Dec 31, 2018 | 6.20 Mn |
CareCloud Gross Profit 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=gross-profit&ticker=CCLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=CCLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();