Slide 1: Q3 2021 Results
Q3 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 safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performan
Slide 3: Hosts for CareCloud Third Quarter 2021 Earnings Call
Hosts for CareCloud Third Quarter 2021 Earnings Call Mahmud Haq Executive Chairman A. Hadi Chaudhry CEO and President Stephen Snyder Chief Strategy Officer Bill Korn Chief Financial Officer Kim Blanche General Counsel 2
Slide 4: Hadi Chaudhry
Hadi Chaudhry CEO and President 3
Slide 5: medSR
CoreCloud” #medSR Bettering healthcare through premier IT and operations consulting medSR brings together the power of industry experts and cutting-edge technology to transform healthcare organizations.
Slide 6: CareCloud Conductor, Connector, CollectivelQ
CareCloud?? Conductor CareCloud Connector CareCloud CollectivelQ
Slide 7: CareCloud Connector
CoreCloud”” Connector t
Slide 8: CareCloud CollectivelQ
CoreCloud”” collectivel@ Te I om
Slide 9: Stephen Snyder
Stephen Snyder Chief Strategy Officer 8
Slide 10: Bill Korn
Bill Korn Chief Financial Officer 9
Slide 11: Q3 2021 Highlights
Q3 2021 Highlights Record Record Record Record Revenue Net income Adjusted net Adjusted EBITDA +21% + $3.2 M income + 72% +58% 2.00 6% $6.7 45.00 7.00 18% 7.00 20% $1.5 $6.1 40.00 $38.3 1.50 6.00 16% 6.00 18% 4% 16% $31.6 35.00 14% 1.00 5.00 5.00 14% $4.2 2% 30.00 12% 0.50 12% $3.5 4.00 4.00 25.00 1
Slide 12: Year to Date 2021 Highlights
Year to Date 2021 Highlights Record Record Record Revenue Net loss Adjusted net Adjusted EBITDA +40% + $8.3 M income +284% 18.00 + 210% 120.00 - 0% 16.00 14% $16.0 16.00 $102.1 (1.00) ($0.7) 14.00 $13.5 -2% 12% 100.00 14.00 (2.00) 12.00 -4% 10% (3.00) 12.00 $73.1 80.00 10.00 (4.00) 10.00 -6% 8% 60.0
Slide 13: Technology-Driven Business Solutions
Technology-Driven Business Solutions YTD 2021 revenue from clients utilizing: YTD 2021 Revenues Core technology 82% components 1 or more technology Technology-driven components solutions Professional IT services 9% 50% Other healthcare IT services 82% Pure revenue cycle 9% management Medical practic
Slide 14: Revenue Growth 2017 – 2020 plus 2021 Guidance
Revenue Growth 2017 – 2020 plus 2021 Guidance 160.00 ($ in millions) 140.00 $135-138 Range 120.00 $105.1 Guidance 100.00 Actual 80.00 YTD $64.4 Actual $50.5 60.00 40.00 $31.8 20.00 - 2017 2018 2019 2020 2021 Investors are cautioned that such statements involve risks and uncertainties Guidance 13 tha
Slide 15: Adjusted EBITDA Growth 2017 – 2020 plus 2021 Guidance
Adjusted EBITDA Growth 2017 – 2020 plus 2021 Guidance 29.00 $22-25 ($ in millions) 24.00 Range Guidance 19.00 14.00 Actual $10.9 9.00 $8.1 YTD Actual $4.8 $2.3 4.00 (1.00) 2017 2018 2019 2020 2021 Guidance Investors are cautioned that such statements involve risks and uncertainties 14 that could cau
Slide 16: 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.) 15
Slide 17: Appendix
CareCloud” Appendix
Slide 18: Non-GAAP Financial Measures Reconciliation
Non-GAAP Financial Measures Reconciliation ($000s) Adjusted EBITDA 2017 2018 2019 2020 YTD 2020 YTD 2021 Q3 2020 Q3 2021 Net (loss) income $ (5,565) $ (2,138) $ (872) $ (8,813) $ (8,968) $ (686) $ (1,673) $ 1,505 Provision (benefit) for income taxes 68 (157) 193 103 18 (20) 62 (232) Net interest exp