Slide 1: Q1 2021 Results
Q1 2021 Results Nasdaq Global Market: MTBC, MTBCP 0
Slide 2: Safe Harbor Statements
Safe Harbor Statements 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 statemen
Slide 3: Hosts for CareCloud First Quarter 2021 Earnings Call
Hosts for CareCloud First Quarter 2021 Earnings Call Mahmud Haq Executive Chairman Stephen Snyder Chief Strategy Officer A. Hadi Chaudhry CEO and President Bill Korn Chief Financial Officer Kim Blanche General Counsel 2
Slide 4: Q1 2021 Highlights
Q1 2021 Highlights Revenue Net loss Adjusted net income Adjusted EBITDA +36% + $0.5 M + 718% + 381% $29.8 $2.9 4.00 3.00 30.00 - 0% $3.7 3.50 -2% 2.50 (0.50) 25.00 $21.9 3.00 -4% 2.00 (1.00) 20.00 2.50 -6% 2.00 1.50 (1.50) 15.00 -8% 1.50 1.00 (2.00) ($2.0) 10.00 -10% 1.00 $0.8 5.00 (2.50) -12% 0.50
Slide 5: Revenue Growth 2017 – 2020 plus 2021 Guidance
Revenue Growth 2017 – 2020 plus 2021 Guidance ($ in millions) $133-137 Range $105.1 Guidance Actual $64.4 Q1 Actual $50.5 $31.8 2017 2018 2019 2020 2021 Guidance Investors are cautioned that such statements involve risks and uncertainties 4 that could cause actual results to differ materially from a
Slide 6: Adjusted EBITDA Growth 2017 – 2020 plus 2021 Guidance
Adjusted EBITDA Growth 2017 – 2020 plus 2021 Guidance $22-25 ($ in millions) Range Guidance $10.9 Actual $8.1 Q1 Actual $4.8 $2.3 2017 2018 2019 2020 2021 Guidance Investors are cautioned that such statements involve risks and uncertainties See reconciliations of non-GAAP results in the Appendix 5 t
Slide 7: Thank you!
Thank you! Corporate Website www.carecloud.com Investor Relations ir.carecloud.com Investor Inquiries Bill Korn, CFO bkorn@carecloud.com Matt Kreps, Darrow IR mkreps@darrowir.com (214) 597-8200 (formerly MTBC, Inc.) 6
Slide 8: Appendix
CareCloud Appendix
Slide 9: Non-GAAP Financial Measures Reconciliation
Non-GAAP Financial Measures Reconciliation ($000s) Adjusted EBITDA 2017 2018 2019 2020 Q1 2020 Q1 2021 Net loss $ (5,565) $ (2,138) $ (872) $ (8,813) $ (2,502) $ (1,964) Provision (benefit) for income taxes 68 (157) 193 103 30 (1) Net interest expense 1,307 250 121 446 80 64 Foreign exchange / other