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-over-year from $13.3 million in Q3 2022, and down 7.29% quarter-over-quarter from $11.9 million in Q2 2023.
Analysis
CareCloud (CCLD) Gross Profit (2013 - 2023) Analysis & Trends
CareCloud (CCLD) has reported Gross Profit for 11 consecutive years, with $11.0 million the latest figure, recorded 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 was $11.0 million for Q3 2023 at CareCloud, down from $11.9 million in the prior quarter.
- Over five years, Gross Profit peaked at $15.4 million in Q2 2022 and troughed at $5.2 million in Q1 2019.
- A 5-year average of $10.8 million and a median of $11.9 million in 2023 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit surged 105.59% in 2020 and fell 23.02% in 2023, its largest moves.
- Over 5 years, Gross Profit stood at $6.4 million in 2019, then surged by 105.59% to $13.1 million in 2020, then grew by 1.57% to $13.3 million in 2021, then decreased by 2.24% to $13.0 million in 2022, then slipped by 15.01% to $11.0 million in 2023.
- The last three Gross Profit figures came in at $11.0 million (Q3 2023), $11.9 million (Q2 2023), and $11.9 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn |
| 10 | CareCloud | 94.76 Mn | 81.37 Mn | - |
Historic Data
Download Data
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 |