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
DateValue
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