CareCloud Historical Income Statement
| CCLDO Stock | 21.50 0.30 1.38% |
Historical analysis of CareCloud income statement accounts such as Interest Expense of 1.4 M, Selling General Administrative of 15.7 M or Selling And Marketing Expenses of 11.7 M can show how well CareCloud performed in making a profits. Evaluating CareCloud income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CareCloud's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CareCloud latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CareCloud is a good buy for the upcoming year.
CareCloud |
About CareCloud Income Statement Analysis
CareCloud Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CareCloud shareholders. The income statement also shows CareCloud investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CareCloud Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts CareCloud generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of CareCloud minus its cost of goods sold. It is profit before CareCloud operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from CareCloud's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CareCloud current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.At this time, CareCloud's Research Development is very stable compared to the past year. As of the 31st of January 2025, Cost Of Revenue is likely to grow to about 85.5 M, while Selling General Administrative is likely to drop about 15.7 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 405K | 1.2M | 1.4M | 1.4M | Depreciation And Amortization | 15.0M | 16.6M | 19.0M | 20.0M |
CareCloud income statement Correlations
Click cells to compare fundamentals
CareCloud Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CareCloud income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 12.8M | 15.8M | 15.0M | 16.6M | 19.0M | 20.0M | |
| Interest Expense | 488K | 455K | 405K | 1.2M | 1.4M | 1.4M | |
| Selling General Administrative | 22.8M | 24.3M | 23.8M | 21.5M | 24.7M | 15.7M | |
| Selling And Marketing Expenses | 6.6M | 8.8M | 9.8M | 9.7M | 11.1M | 11.7M | |
| Total Revenue | 105.1M | 139.6M | 138.8M | 117.1M | 134.6M | 141.3M | |
| Gross Profit | 40.3M | 52.7M | 54.4M | 46.2M | 53.2M | 55.8M | |
| Other Operating Expenses | 113.4M | 136.6M | 134.2M | 164.2M | 188.8M | 198.2M | |
| Operating Income | (8.3M) | 3.5M | 4.1M | (47.1M) | (42.4M) | (40.3M) | |
| Ebit | (8.2M) | 3.4M | 6.0M | (47.8M) | (43.1M) | (40.9M) | |
| Research Development | 9.3M | 4.4M | 4.4M | 4.7M | 5.4M | 5.7M | |
| Ebitda | 4.6M | 19.2M | 21.0M | (31.3M) | (36.0M) | (34.2M) | |
| Cost Of Revenue | 64.8M | 86.9M | 84.4M | 70.8M | 81.4M | 85.5M | |
| Total Operating Expenses | 48.6M | 49.7M | 49.7M | 93.4M | 107.4M | 112.7M | |
| Income Before Tax | (8.7M) | 3.0M | 5.6M | (49.0M) | (44.1M) | (41.9M) | |
| Total Other Income Expense Net | (439K) | (536K) | (1.0M) | (1.9M) | (1.7M) | (1.6M) | |
| Net Income | (8.8M) | 2.8M | 5.4M | (48.7M) | (43.8M) | (41.6M) | |
| Income Tax Expense | 103K | 157K | 177K | (364K) | (327.6K) | (311.2K) | |
| Tax Provision | 103K | 157K | 177K | (364K) | (327.6K) | (311.2K) | |
| Net Interest Income | (446K) | (440K) | (364K) | (1.0M) | (936K) | (889.2K) | |
| Interest Income | 42K | 15K | 41K | 154K | 138.6K | 82.2K | |
| Net Income From Continuing Ops | (8.8M) | 2.8M | 5.4M | (48.7M) | (43.8M) | (41.6M) | |
| Reconciled Depreciation | 10.1M | 16.3M | 15.6M | 17.0M | 19.6M | 13.7M |
Pair Trading with CareCloud
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CareCloud position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CareCloud will appreciate offsetting losses from the drop in the long position's value.Moving together with CareCloud Stock
Moving against CareCloud Stock
| 0.89 | GCTK | GlucoTrack | PairCorr |
| 0.88 | EVH | Evolent Health | PairCorr |
| 0.82 | TFX | Teleflex Incorporated | PairCorr |
| 0.69 | MOH | Molina Healthcare Earnings Call This Week | PairCorr |
| 0.63 | VMD | Viemed Healthcare | PairCorr |
The ability to find closely correlated positions to CareCloud could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CareCloud when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CareCloud - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CareCloud to buy it.
The correlation of CareCloud is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CareCloud moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CareCloud moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CareCloud can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareCloud. If investors know CareCloud will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareCloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CareCloud is measured differently than its book value, which is the value of CareCloud that is recorded on the company's balance sheet. Investors also form their own opinion of CareCloud's value that differs from its market value or its book value, called intrinsic value, which is CareCloud's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareCloud's market value can be influenced by many factors that don't directly affect CareCloud's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareCloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareCloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareCloud's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.