Carecloud, Inc. · NASDAQ:CCLD
Carecloud — MTBC — FY2018 Earnings Presentation
13 slides from Carecloud's earnings presentation, Mar 20, 2019
Slide 1: Full Year 2018 Results
Electronic Health Record a Th Unique [=] Healthcare, IT Company .com (NASDAQ: MTBC, MTBCP) Full Year 2018 Results ©MTBC, Inc. 2019. All Rights Reserved Full Year 2018 Results | March 20, 2019 SOs oe
Slide 2: Safe Harbor Statements
MT | Safe Harbor Statements BI co 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-looki
Slide 3: Hosts for MTBC Full Year 2018 Earnings Call
Hosts for MTBC Full Year 2018 Earnings Call oe Shruti Patel General Counsel Stephen Snyder Chief Executive Officer A. Hadi Chaudhry President Bill Korn Chief Financial Officer Mahmud Haq Executive Chairman MTB, Inc. 2019. All Rights Reserved Full Year 2018 Results | March 20, 2019 2 re
Slide 4: 2018 Financial Highlights
2018 Financial Highlights ea. IT Company 2018 Results e Revenue growth of 59% over 2017 $50.5 M e Net loss $3.4 million improvement from 2017 ($2.1 M) e Adjusted EBITDA 110% growth over ata ee ~ ‘a e Adjusted net income $0.29 per share $3.5 M e Cash flow from operations greater than adjusted EBITDA
Slide 5: MTBC's Business Model
MTBC’s Business Mi ana, IT Company MTBC is a healthcare information technology company that provides proprietary web-based solutions and business services to healthcare providers _ talkEHR" The Neet Frontier Electronic Health LL Mobile Health D> MIT Records oA \ Group Purchasing ml Organization Reve
Slide 6: Full Year 2018 Results
Full Year 2018 Results Revenue Net loss +59% -62% a a ($2.1) (17%) $32 ie margin margin $24 ($5.6) ($8.8) 2016 © 2017_-—S 2018 2016 ©2017-2018 (Sin millions, Percent change reflects 2017 to 2018) MTB, Inc. 2019. All Rights Reserved MT Unique BIC heen IT Company Adjusted net Adjusted EBITDA income +1
Slide 7: Full Year 2018 Results
Full Year 2018 Results ea. IT Company Cash Working capital Total assets Cash flow from +232% +289% +87% —— +2320% $14.5 S178) i $6.8 $26 $4.4 $4.6 $0.3 — 2017 2018 2017 2018 2017 2018 2017 2018 (3 in millions, Percent change reflects 2017 to 2018) MTB, Inc. 2019. All Rights Reserved Full Year 2018 R
Slide 8: Revenue Growth: 2013 – 2018 plus 2019 guidance
Revenue Growth: 2013 — 2018 plus 2019 guidance (Sin millions) MIT, Unique BIC heen IT Company $63-65 @ Range ™ Guidance @ Actual Note that the 2019 Guidance excludes the effects of any additional, material acquisitions 2013 2014 2019 Guidance Investors are cautioned that such statements involve risk
Slide 9: Adjusted EBITDA: 2014 – 2018 plus 2019 guidance
Adjusted EBITDA: 2014 — 2018 plus 2019 guidance ea. IT Company (Sin millions) $8-10 @ Range @ Guidance $4. 8 B Actual Note that the 2019 $2.3 Guidance excludes the effects of any additional, material acquisitions Ls L | : : ($0.7) ($0.6) ($1.7) 2014 2015 2016 2017 2018 2019 Guidance Investors are ca
Slide 10: For More Information
: IMT For More Information Biche IT Company Corporate Website www.mtbc.com Investor Relations irmtbc.com/events Events/Presentations page Investor Inquiries Bill Korn, CFO a bkorn@mtbc.com Investor Relations Matt Kreps, Darrow IR mkreps@darrowir.com Sooner (214) 597-8200 ©MTBC, Inc. 2019. All Rights
Slide 11: Appendix
Unique Healthcare, IT Company com Appendix ©MTBC, Inc. 2019. All Rights Reserved Full Year 2018 Results | March 20, 2019
Slide 12: Adjusted EBITDA Reconciliation
| Adjusted EBITDA Reconciliation ea. IT Company ($000s) 2014 2015 2016 2017 2018 Net loss $ (4,509) $ (4,688) $ = (8,797) $ (5,565) $ (2,138) Provision (benefit) for income taxes 176 138 197 68 (157) Net interest expense 157 262 646 1,307 250 Foreign exchange / other expense 135 (170) 53 (249) (435)
Slide 13: Non-GAAP Adjusted Net Income Reconciliation
| Non-GAAP Adjusted Net Income Reconciliation ea. ($000s) 2014 2015 2016 2017 2018 Net loss $ (4,509) $ (4,688) $ (8,797) $ (5,565) $ (2,138) Foreign exchange / other expense 135 (170) 53 (249) (435) Stock-based compensation expense 259 629 1,928 1,487 2,464 Amortization of purchased intangible asse