Carecloud, Inc. · NASDAQ:CCLD
Carecloud — MTBC — Q1 2019 Earnings Presentation
13 slides from Carecloud's earnings presentation, May 8, 2019
Slide 1: First Quarter 2019 Results
Electronic $ Health a y A Unique [=] Healthcare, IT Company .com (Nasdaq Global Market: MTBC, MTBCP) First Quarter 2019 Results ©MTBC, Inc. 2019. All Rights Reserved First Quarter 2019 Results | May 8, 2019 ih
Slide 2: Safe Harbor Statements
nique | Safe Harbor Statements Bich IT Company 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
Slide 3: Hosts for MTBC First Quarter 2019 Earnings Call
Hosts for MTBC First Quarter 2019 Earnings Call Noho IT Company Shruti Patel General Counsel Stephen Snyder Chief Executive Officer A. Hadi Chaudhry President Bill Korn Chief Financial Officer Mahmud Haq Executive Chairman ©MTBC, Inc. 2019. All Rights Reserved First Quarter 2019 Results | May 8, 201
Slide 4: First Quarter 2019 Highlights
| First Quarter 2019 Highlights ce Revenue Adjusted EBITDA +82% +62% $15.1 $1.6 $1.0 $8.3 Qi 2018 Qi 2019 Qi 2018 Qi 2019 (S in millions. Percent change reflects Q1 2018 to Q1 2019) See reconciliations of non-GAAP results in the Appendix OMTBG, Inc. 2019. Alll Rights Reserved First Quarter 2019 Resu
Slide 5: Uplisting to Exclusive Nasdaq Global Market
| Uplisting to Exclusive Nasdaq Global Market Noh IT Company ¢ This year marks the 5 year anniversary of our IPO and listing on Nasdaq Capital Market ¢ During Q1 2019, MTBC transitioned to the exclusive Nasdaq Global Market based on satisfaction of strict financial, liquidity and corporate governanc
Slide 6: Rebranding to Reflect Broader Offering
Rebranding to Reflect Broader Offering 2001 Medical Transcription Billing, Corp. sano Medical Revenue Transcription Cycle Management OMTBG, Inc. 2019. Alll Rights Reserved — —+ Inc. Practice Miche Management Hospital Solutions oh Group Revenue Purchasing Cycle Organization Management Mobile Health F
Slide 7: Successful Tuck-in Acquisition
Successful Tuck-in Acquisition Global Team = Deep healthcare industry expertise = Significantly lower labor costs via ~2,000 overseas employees = Approximately 300 dedicated technology professionals April 2019: Proven Integrator /Operator A Unique Healthcare, IT Company Completed 14 acquisitions sin
Slide 8: First Quarter 2019 Financial Results
First Quarter 2019 Financial Results NC IT Company Qi 2019 Results e Revenue 82% growth over Q1 2018 $15.1 M e Net loss Improvement of 49% from Q4 2018 ($0.3 M) e Adjusted EBITDA 62% growth over Q1 2018 $1.6M e Adjusted netincome $0.11 per share $1.3 M See reconciliations of non-GAAP results in the
Slide 9: Revenue Growth: 2013 — 2018 plus 2019 guidance
Revenue Growth: 2013 — 2018 plus 2019 guidance ce $63-65 (S in millions) m@ Range : $50.5 ™ Guidance @ Actual @ Q1 Actual - $31.8 Note that the 2019 ° Guidance excludes the effects of any $23.1 $24.5 additional, material $18 3 acquisitions 7 Lo - 2013 2014 2015 2016 2017 2018 2019 Guidance Investors
Slide 10: Adjusted EBITDA: 2014 — 2018 plus 2019 guidance
Adjusted EBITDA: 2014 — 2018 plus 2019 guidance to (Sin millions) $8-10 i Range @ Guidance @ Actual $4.8 @ Q1 Actual Note that the 2019 Guidance excludes $2.3 the effects of any additional, material acquisitions | ($0.7) ($0.6) ($1.7) 2014 2015 2016 2017 2018 2019 Guidance Investors are cautioned th
Slide 11: For More Information
F MT he For More Information BIC hooey IT Company Corporate Website www.mtbc.com Investor Relations irmtbc.com/events Events/Presentations page Investor Inquiries Bill Korn, CFO MTB bkorn@mtbe.com ( Investor Relations Matt Kreps, Darrow IR mkreps@darrowir.com Company Overview Se i7 m (214) 597-8200
Slide 12: Appendix
MITh Unique Healthcare, | IT Company .com Appendix OMTBC, Inc. 2019. Alll Rights Reserved First Quarter 2019 Results | May 8, 2019
Slide 13: Non-GAAP Financial Measures Reconciliation
| Non-GAAP Financial Measures Reconciliation ae IT Company (sooo) Adjusted EBITDA 2014 2015 2016 2017 2018 Q12018 12019 Net (loss) income $ (4509) $ (4,688) $ (8,797) $ (5,565) $ (2,138) | $ 75 $ (296) Provision (benefit) for income taxes 176 138 197 68 (157) 47 (41) Net interest expense 157 262 646