Carecloud, Inc. · NASDAQ:CCLD
Carecloud — MTBC — Q2 2019 Earnings Presentation
11 slides from Carecloud's earnings presentation, Aug 7, 2019
Slide 1: Second Quarter 2019 Results
Electronic $ Health a y A Unique [=] Healthcare, IT Company .com (Nasdaq Global Market: MTBC, MTBCP) Second Quarter 2019 Results ©MTBC, Inc. 2019. All Rights Reserved Second Quarter 2019 Results | August 7, 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 Second Quarter 2019 Earnings Call
Hosts for MTBC Second 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 Second Quarter 2019 Results | August 7
Slide 4: First Half 2019 Highlights
First Half 2019 Highlights Noho IT Company Revenue Adjusted net income Adjusted EBITDA +87% 47% +7% $31.8 $2.7 $2.5 $2.1 S19 $17.0 11% 7% 15% 9% margin margin margin margin H1 2018 H1 2019 H1 2018 H1 2019 H1 2018 12019 (S in millions. Percent change reflects H1 2018 to H1 2019) See reconciliations o
Slide 5: First Half 2019 Financial Results
| First Half 2019 Financial Results Noh IT Company H1 2019 Results e Revenue 87% growth over H1 2018 $31.8M e Net loss Loss increased from H1 2018, primarily due to: ($1.1 M) — Costs from Orion and Etransmedia acquisitions which will continue to decline in the second half — Non-cash amortization due
Slide 6: Q2 2019 Financial Results
Q2 2019 Financial Results Noh IT Company Q2 2019 Results e Revenue 93% growth over Q2 2018 $16.7 M e Net loss Loss increased from Q2 2018, primarily due to: ($0.8 M) — Costs from Orion and Etransmedia acquisitions which will continue to decline in the second half — Non-cash amortization due to the O
Slide 7: Revenue Growth: 2013 — 2018 plus 2019 guidance
Revenue Growth: 2013 — 2018 plus 2019 guidance ce (S in millions) Guidance $50.5 @ Actual @ First half actual Note that the 2019 Guidance excludes the effects of any additional, material $10.5 acquisitions $18.3 2013 2014 2015 2016 2017 2018 2019 Guidance Investors are cautioned that such statements
Slide 8: Adjusted EBITDA: 2014 — 2018 plus 2019 guidance
Adjusted EBITDA: 2014 — 2018 plus 2019 guidance ce IT Company (S in millions) z $8 10 @ Range |_| Guidance @ Actual $4.8 @ First Half Actual $2.3 Note that the 2019 Guidance excludes the effects of any additional, material acquisitions | a ($0.7) ($0.6) ($1.7) 2014 2015 2016 2017 2018 2019 Investors
Slide 9: 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 10: Appendix
MITh Unique Healthcare, | IT Company .com Appendix ©MTBC, Inc. 2019. All Rights Reserved Second Quarter 2019 Results | August 7, 2019
Slide 11: Non-GAAP Financial Measures Reconciliation
| Non-GAAP Financial Measures Reconciliation ae IT Compan? ($000s) Adjusted EBITDA 2014 2015 2016 2017 2018 12018 Q2.2018 12019 22019 Net (loss) income $ (4509) $ (4,688) $ (8,797) $ (5,565) $ (2,138) | $ 7 § 195 $ (296) $ (771) Provision (benefit) for income taxes 176 138 197 68 (157) 47 51 (41) 55