Carecloud, Inc. · NASDAQ:CCLD
Carecloud — MTBC — Q1 2020 Earnings Presentation
13 slides from Carecloud's earnings presentation, May 14, 2020
Slide 1: Q1 2020 Results
talkEHR™ NASDAQ Global Market: MTBC, MTBCP Q1 2020 Results
Slide 2: Safe Harbor Statements
Safe Harbor Statements BI This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking state
Slide 3: Hosts for MTBC First Quarter 2020 Earnings Call
MIT He Hosts for MTBC First Quarter 2020 Earnings Call BIC het Mahmud Haq Executive Chairman Stephen Snyder Chief Executive Officer A. Hadi Chaudhry President Bill Korn Chief Financial Officer Kim Grant General Counsel Juan Molina President — CareCloud Karl Johnson President — MTBC Force
Slide 4: Revenue Growth: 2013 — 2019 plus 2020 Guidance
MIT Revenue Growth: 2013 — 2019 plus 2020 Guidance BiG (S in millions) $100-102 m@ Range & =] é © Guidance $64.4 86 WS $50.5 2] mActual go PS $31.8 wn ™ 3 month $24.5 Actual $18.3 $23.1 $10.5 Q1 2019 — Q1 2020: [| 45% Growth 2013 2014 2015 2016 2017 2018 2019 2020 IPO Guidance Investors are cautione
Slide 5: Adjusted EBITDA: 2013 — 2019 plus 2020 Guidance
Adjusted EBITDA: 2013 — 2019 plus 2020 Guidance ie, Company (S in millions) $12-13 |_| m Range fe S O Guidance $8.1 af so a y xe B Actual 28 $4.8 Ro s ™ 3 month $23 vt Actual = [| = ai | | iz Le! ($0.7) ($0.6) ($1.7) 2013 2014 2015 2016 2017 2018 2019 2020 IPO Guidance Investors are cautioned that s
Slide 6: Q1 2020 Highlights
MT hes Q1 2020 Highlights BiG Revenue Adjusted net income Adjusted EBITDA +45% - 72% -51% 21.9 $1.6 $ ($0.3) (2%) (11%) $13 sib margin margin $0.8 $0.4 10% 4% roan margin ($2.5) 8% 2% margin margin Qi 2019 Q1 2020 Qi 2019 Q1 2020 Qi 2019 Qi 2020 Qi 2019 Q1 2020 * Q1 expense increase driven largely b
Slide 7: Proven and Repeatable Acquisition Integration Expertise
MIT Proven and Repeatable Acquisition Integration Expertise BC ie a 6 8B S]MediGain ORION Etransmedia CoreCloud?” HEALTHCORP October 2016 July 2018 April 2019 January 2020 Acquisition Expense Reductions 100% 80% ous = CareCloud 40% —MediGain —orion- RCM 20% —E™ 0% ao a a2 a3 (Prior to acquisition) F
Slide 8: Revenue Growth: 2020 Guidance
Revenue Growth: 2020 Guidance (S in millions) $100-102 8 2 ; é a z 55% - 58% Growth 2017 2018 2019 2020 Guidance m Range © Guidance @ Actual ™ 3 month Actual Qi 2019 — Q1 2020: 45% Growth MIT Assumptions: Revenue will decline sequentially in Q2 based on lower patient visits nationwide We assume easi
Slide 9: Adjusted EBITDA: 2020 Guidance
Adjusted EBITDA: 2020 Guidance (S in millions) $12-13 m Range $8.1 7 Guidance 8 @ Actual $4.8 3 a m3 month $2.3 Actual 2017 2018 2019 2020 Guidance Investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially from anticipated resul
Slide 10: Independent Members of MTBC's Board of Directors
MIT Independent Members of MTBC’s Board of Directors Bick Anne Busquet John Daly = Board member of Pitney Bowes Inc. (NYSE: PBI), Intercontinental Hotels Group plc (LSE: IHG) and Provista Diagnostics, Inc. = Former President of American Express Interactive Services and New Businesses Division = Form
Slide 11: Thank You
A Thank You ie Corporate Website www.mtbc.com Investor Relations page irmtbc.com Investor Inquiries Bill Korn, CFO bkorn@mtbc.com Matt Kreps, Darrow IR mkreps@darrowir.com (214) 597-8200 10
Slide 12: Appendix
Slide 13: Non-GAAP Financial Measures Reconciliation
Unique Non-GAAP Financial Measures Reconciliation BiCk=s Company ($0005) ADJUSTED EBITDA 2014 2015 2016 2017 2018 2019 Qi 2019 Qi 2020 Net (loss) income S$ (4509) $ (4,688) $ (8,797) $ (5,565) $ (2,138) $ (72) | $ (296) [$ (2,502) Provision (benefit) for income taxes 176 138 197 68 (157) 193 (41) 30