CareCloud Results Presentation Deck
Non-GAAP Financial Measures Reconciliation
Adjusted EBITDA to GAAP net income
($000s)
GAAP net income (loss)
Provision (benefit) for income taxes
Net interest expense
Foreign exchange / other expense
Stock-based compensation expense
Depreciation and amortization
Transaction and integration costs
Net loss on leases, restructuring, impairment & unoccupied lease charges
Change in contingent consideration
Adjusted EBITDA
Adjusted net income to GAAP net income
($000s)
GAAP net income (loss)
Foreign exchange / other expense
Stock-based compensation expense
Amortization of purchased intangible assets
Transaction and integration costs
Net loss on leases, restructuring, impairment & unoccupied lease charges
Change in contingent consideration
Income tax expense (benefit) related to goodwill
Non-GAAP Adjusted Net Income
CareCloud
$
$
$
2021
2,836 $ 5,432
157
440
241
5,396
12,195
1,364
2,005
(2,515)
22,119
2022
2021
2,836 $
177
364
712
4,914
11,725
876
1,138
(3,090)
$ 22,248
2022
5,432
241
5,396
8,880
1,364
2,005
(2,515)
290
$ 18,497 $ 16,334
712
4,914
6,277
876
1,138
(3,090)
75
Q2 2022 Q2 2023
$ 2,737 $ (1,832)
25
104
(108)
1,184
2,936
306
463
(630)
$ 7,017
(108)
$
1,184
1,651
306
463
(630)
(9
82
275
191
1,502
3,341
107
153
Q2 2022 Q2 2023
2,737 $ (1,832)
$
3,819
191
1,502
1,251
107
153
H1 2022
$ 3,877
89
199
(164)
2,071
5,876
408
621
(1,230)
$ 11,747
H1 2022
$ 3,877
(164)
2,071
3,456
408
621
(1,230)
27
38
$ 5,594 $ 1,410
Please note that adjusted EBITDA and adjusted net income are not audited and such information is
subject to risks and uncertainties and should be reviewed in conjunction with GAAP financial results
reported in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
H1 2023
$ (2,233)
$
147
405
183
2,574
6,379
179
422
8,056
H1 2023
$ (2,233)
183
2,574
2,574
179
422
64
$ 9,066 $ 3,763
O CareCloud, Inc. 2023
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