CareCloud Gross Profit from 2010 to 2025

CCLDO Stock   19.43  0.07  0.36%   
CareCloud Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 116.4 M this year. Gross Profit is the profit CareCloud makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2012-09-30
Previous Quarter
13.1 M
Current Value
28.2 M
Quarterly Volatility
5.5 M
 
Yuan Drop
 
Covid
Check CareCloud financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareCloud's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.3 M, Interest Expense of 548 K or Selling General Administrative of 15.9 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.57 or PTB Ratio of 1.13. CareCloud financial statements analysis is a perfect complement when working with CareCloud Valuation or Volatility modules.
  
Check out the analysis of CareCloud Correlation against competitors.

Latest CareCloud's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of CareCloud over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. CareCloud's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareCloud's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 49.99 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

CareCloud Gross Profit Regression Statistics

Arithmetic Mean33,176,736
Geometric Mean19,595,453
Coefficient Of Variation108.04
Mean Deviation27,721,430
Median19,293,246
Standard Deviation35,845,174
Sample Variance1284.9T
Range110.8M
R-Value0.86
Mean Square Error355.1T
R-Squared0.74
Significance0.000018
Slope6,485,769
Total Sum of Squares19273.1T

CareCloud Gross Profit History

2025116.4 M
2024110.8 M
202346.2 M
202254.4 M
202152.7 M
202040.3 M
201923.3 M

Other Fundumenentals of CareCloud

CareCloud Gross Profit component correlations

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0.990.77-0.15-0.50.920.920.860.940.220.920.720.97-0.670.560.680.920.770.61-0.540.82
0.820.770.22-0.80.860.860.840.70.170.90.680.77-0.880.640.870.720.50.93-0.890.93
-0.04-0.150.22-0.060.00.020.27-0.330.390.16-0.060.05-0.370.5-0.010.07-0.10.23-0.390.11
-0.55-0.5-0.8-0.06-0.73-0.73-0.63-0.59-0.1-0.63-0.78-0.430.73-0.42-0.71-0.26-0.17-0.860.87-0.72
0.950.920.860.0-0.730.970.940.920.30.950.820.86-0.750.650.780.770.680.75-0.740.85
0.940.920.860.02-0.730.970.910.90.20.940.840.87-0.850.690.710.770.620.8-0.790.86
0.930.860.840.27-0.630.940.910.810.510.960.750.88-0.780.730.690.810.680.7-0.740.84
0.930.940.7-0.33-0.590.920.90.810.230.840.770.84-0.570.440.670.760.70.56-0.510.75
0.310.220.170.39-0.10.30.20.510.230.310.270.34-0.10.090.160.30.310.07-0.080.25
0.960.920.90.16-0.630.950.940.960.840.310.750.92-0.80.710.780.870.730.75-0.750.89
0.750.720.68-0.06-0.780.820.840.750.770.270.750.67-0.660.470.60.470.380.7-0.660.65
0.970.970.770.05-0.430.860.870.880.840.340.920.67-0.720.620.610.960.730.6-0.540.81
-0.72-0.67-0.88-0.370.73-0.75-0.85-0.78-0.57-0.1-0.8-0.66-0.72-0.74-0.58-0.62-0.3-0.910.93-0.82
0.620.560.640.5-0.420.650.690.730.440.090.710.470.62-0.740.340.580.270.53-0.70.47
0.70.680.87-0.01-0.710.780.710.690.670.160.780.60.61-0.580.340.580.610.79-0.660.82
0.910.920.720.07-0.260.770.770.810.760.30.870.470.96-0.620.580.580.780.5-0.440.77
0.760.770.5-0.1-0.170.680.620.680.70.310.730.380.73-0.30.270.610.780.31-0.240.67
0.650.610.930.23-0.860.750.80.70.560.070.750.70.6-0.910.530.790.50.31-0.920.85
-0.61-0.54-0.89-0.390.87-0.74-0.79-0.74-0.51-0.08-0.75-0.66-0.540.93-0.7-0.66-0.44-0.24-0.92-0.8
0.850.820.930.11-0.720.850.860.840.750.250.890.650.81-0.820.470.820.770.670.85-0.8
Click cells to compare fundamentals

About CareCloud Financial Statements

CareCloud investors utilize fundamental indicators, such as Gross Profit, to predict how CareCloud Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit110.8 M116.4 M
Gross Profit Margin 0.45  0.50 

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

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Moving against CareCloud Stock

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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.
Pair CorrelationCorrelation Matching

Other Information on Investing in CareCloud Stock

CareCloud financial ratios help investors to determine whether CareCloud Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareCloud with respect to the benefits of owning CareCloud security.