MTBC - MTBC Inc Stock Price, Fair Value and News

1.06USD-0.05 (-4.50%)Market Closed

Market Summary

USD1.06-0.05

Market Closed

-4.50%

MTBC Stock Price

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MTBC RSI Chart

MTBC Valuation

Market Cap

17.9M

Price/Earnings (Trailing)

-0.37

Price/Sales (Trailing)

0.15

EV/EBITDA

-0.43

Price/Free Cashflow

1.44

MTBC Price/Sales (Trailing)

MTBC Profitability

EBT Margin

-41.89%

Return on Equity

-116.68%

Return on Assets

-62.54%

Free Cashflow Yield

69.3%

MTBC Fundamentals

MTBC Revenue

Revenue (TTM)

117.1M

Rev. Growth (Yr)

-12.66%

Rev. Growth (Qtr)

-2.95%

MTBC Earnings

Earnings (TTM)

-48.7M

Earnings Growth (Yr)

-8.9K%

Earnings Growth (Qtr)

-1.5K%

Breaking Down MTBC Revenue

Last 7 days

-4.3%

Last 30 days

-6.7%

Last 90 days

-15.9%

Trailing 12 Months

-48.0%

How does MTBC drawdown profile look like?

MTBC Financial Health

Current Ratio

Debt/Equity

0.01

Debt/Cashflow

34.5

MTBC Investor Care

Shares Dilution (1Y)

3.37%

Diluted EPS (TTM)

-4.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	133.5M	125.6M	121.2M	117.1M
2022	145.2M	148.3M	143.8M	138.8M
2021	113.0M	127.5M	134.2M	139.6M
2020	71.2M	74.1M	88.8M	105.1M
2019	57.3M	65.4M	65.2M	64.4M
2018	31.9M	32.8M	42.3M	50.5M
2017	27.6M	30.2M	32.3M	31.8M
2016	22.1M	21.3M	21.0M	24.5M
2015	21.9M	25.2M	24.8M	23.1M
2014	12.4M	14.4M	16.3M	18.3M
2013	0	0	0	10.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of MTBC Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 08, 2022	chaudhry a hadi	sold	-85,860	26.5	-3,240	ceo and president
Oct 26, 2022	snyder stephen andrew	sold	-31,650	25.00	-1,266	-
Oct 20, 2022	snyder stephen andrew	sold	-28,136	25.01	-1,125	-
Oct 19, 2022	snyder stephen andrew	sold	-40,025	25.00	-1,601	-
Oct 18, 2022	snyder stephen andrew	sold	-73,154	25.01	-2,925	-
Oct 06, 2022	snyder stephen andrew	sold	-40,000	25.00	-1,600	-
Oct 03, 2022	snyder stephen andrew	sold	-37,089	25.01	-1,483	-
Sep 23, 2022	chaudhry a hadi	sold (taxes)	-15,249	4.42	-3,450	ceo and president
Sep 23, 2022	haq mahmud ul	acquired	-	-	7,500	executive chairman
Sep 23, 2022	haq mahmud ul	sold (taxes)	-15,249	4.42	-3,450	executive chairman

Which funds bought or sold MTBC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	WEALTH EFFECTS LLC	new	-	15,001	15,001	0.01%
Apr 18, 2024	CHAPIN DAVIS, INC.	added	3.25	-9,673	35,941	0.01%
Apr 15, 2024	MCDONALD PARTNERS LLC	unchanged	-	-10,882	35,062	0.01%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	146,986	603,835	-%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	9,000	37,000	-%
Feb 14, 2024	Squarepoint Ops LLC	reduced	-51.3	-21,880	39,535	-%
Feb 14, 2024	Apollo Management Holdings, L.P.	unchanged	-	77,642	318,963	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	0.11	127,484	521,921	0.01%
Feb 14, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-12,667	-	-%

Are Funds Buying or Selling MTBC?

Are funds buying MTBC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MTBC

No. of Funds

Recent SEC filings of MTBC Inc

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	DEF 14A	DEF 14A
Apr 19, 2024	DEFA14A	DEFA14A
Mar 29, 2024	8-K	Current Report
Mar 21, 2024	10-K	Annual Report
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	8-K	Current Report
Feb 16, 2024	4	Insider Trading
Feb 16, 2024	4	Insider Trading

MTBC Inc News

Latest updates

MTBC Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.0%	28,416	29,280	29,362	30,001	32,534	33,723	37,228	35,341	37,462	38,304	34,065	29,768	32,037	31,639	19,579	21,867	15,758	16,851	16,749	15,080	16,511
Operating Expenses	130.6%	72,049	31,250	30,651	30,224	31,582	32,035	34,474	34,125	33,571	36,879	34,171	31,449	31,626	32,874	24,189	24,704	14,895	16,182	17,977	15,318	17,379
S&GA Expenses	-9.2%	2,121	2,337	2,580	2,612	2,474	2,504	2,426	2,384	2,317	2,375	2,204	1,890	1,805	1,571	1,625	1,581	430	348	383	361	442
R&D Expenses	-3.7%	1,213	1,260	1,185	1,078	1,150	1,168	1,098	985	81.00	488	1,813	2,026	2,465	2,367	2,146	2,333	222	176	218	255	261
EBITDA Margin	-458.2%	-0.29*	0.08*	0.10*	0.12*	0.13*	0.14*	0.14*	0.13*	0.11*	0.09*	0.07*	0.03*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.8%	297	289	266	75.00	37.00	32.00	53.00	40.00	48.00	16.00	23.00	16.00	15.00	39.00	70.00	41.00	21.00	18.00	11.00	17.00	20.00
Income Taxes	-1096.5%	-568	57.00	82.00	65.00	33.00	55.00	25.00	64.00	177	-232	213	-1.00	85.00	62.00	-74.00	30.00	91.00	87.00	55.00	-40.53	-5.51
Earnings Before Taxes	-1544.1%	-44,260	-2,692	-1,750	-336	532	1,111	2,762	1,204	3,699	1,273	-14.00	-1,965	240	-1,611	-4,866	-2,472	423	-50.57	-715	-336	-581
EBT Margin	-1095.5%	-0.42*	-0.04*	0.00*	0.03*	0.04*	0.06*	0.06*	0.04*	0.02*	0.00*	-0.03*	-0.07*	-	-	-	-	-	-	-	-	-
Net Income	-1489.4%	-43,692	-2,749	-1,832	-401	499	1,056	2,737	1,140	3,522	1,505	-227	-1,964	155	-1,673	-4,792	-2,502	332	-137	-770	-295	-576
Net Income Margin	-1024.0%	-0.42*	-0.04*	-0.01*	0.03*	0.04*	0.06*	0.06*	0.04*	0.02*	0.00*	-0.03*	-0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	3.6%	3,364	3,247	5,599	188	5,616	5,794	4,610	2,543	5,188	4,621	334	263	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1	2017Q4
Assets	-38.2%	78.00	126	127	131	136	131	140	141	141	138	137	126	90.00	56.00	52.00	49.00	48.00	36.00	34.00	26.00	26.00
Current Assets	-15.5%	23.00	27.00	28.00	31.00	35.00	30.00	38.00	37.00	36.00	1.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Cash Equivalents	-48.0%	3.00	6.00	8.00	8.00	12.00	4.00	9.00	9.00	9.00	21.00	23.00	13.00	8.00	20.00	14.00	13.00	14.00	1.00	12.00	4.00	4.00
Inventory	-2.7%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-
Net PPE	0.0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	4.00	4.00	3.00	3.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00
Goodwill	-68.6%	19.00	61.00	61.00	61.00	61.00	61.00	61.00	61.00	61.00	49.00	49.00	14.00	38.00	23.00	13.00	0.00	13.00	13.00	12.00	12.00	-
Liabilities	-4.4%	36.00	38.00	33.00	33.00	34.00	28.00	37.00	39.00	43.00	37.00	35.00	47.00	33.00	14.00	14.00	12.00	9.00	9.00	5.00	5.00	5.00
Current Liabilities	6.2%	23.00	22.00	20.00	19.00	22.00	25.00	26.00	28.00	30.00	29.00	27.00	28.00	18.00	11.00	11.00	9.00	8.00	8.00	4.00	4.00	4.00
Shareholder's Equity	-52.7%	42.00	88.00	94.00	98.00	102	103	103	102	98.00	101	102	79.00	57.00	43.00	37.00	37.00	39.00	27.00	29.00	21.00	-
Retained Earnings	-141.9%	-74.48	-30.79	-28.04	-26.21	-25.62	-26.12	-27.18	-29.91	-31.05	-33.89	-34.04	-32.37	-27.58	-25.08	-25.41	-24.50	-24.20	-23.63	-21.79	-21.99	-23.51
Additional Paid-In Capital	-2.6%	121	124	127	130	131	133	134	135	131	137	138	114	87.00	69.00	65.00	63.00	65.00	53.00	53.00	44.00	45.00
Shares Outstanding	0.1%	16.00	16.00	16.00	16.00	15.00	15.00	15.00	15.00	15.00	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	30.00	-	-	-	34.00	-	-	-	-	58.00	-	-	-	-	-	-	23.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-13.3%	3,740	4,313	6,385	1,023	6,048	6,977	5,039	3,087	6,124	5,129	1,123	958	3,441	-1,405	956	-3,884	2,864	1,441	2,375	938	2,064
Share Based Compensation	-8.8%	1,103	1,209	1,502	1,072	1,515	1,328	1,184	887	1,391	1,004	1,734	1,267	1,551	1,763	1,881	1,307	891	775	793	758	940
Cashflow From Investing	29.4%	-2,291	-3,245	-3,038	-3,039	-2,644	-3,496	-2,830	-2,797	-3,295	-2,852	-14,780	-2,219	-2,697	-1,617	-13,122	-14,033	-1,231	-422	-1,993	-510	-285
Cashflow From Financing	-89.0%	-4,879	-2,581	-4,038	-1,787	3,494	-9,047	-1,755	-342	-1,791	-2,319	2,434	1,157	-2,717	13,081	16,248	6,810	3,961	1,719	-1,671	-2,586	11,880

MTBC Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
NET REVENUE	$ 117,059,000	$ 138,826,000
OPERATING EXPENSES:
Direct operating costs	70,817,000	84,434,000
Selling and marketing	9,650,000	9,788,000
General and administrative	21,464,000	23,820,000
Research and development	4,736,000	4,401,000
Change in contingent consideration		(3,090,000)
Depreciation and amortization	14,402,000	11,725,000
Goodwill impairment charges	42,000,000
Net loss on lease terminations, unoccupied lease charges and restructuring costs	1,105,000	1,138,000
Total operating expenses	164,174,000	132,216,000
OPERATING (LOSS) INCOME	(47,115,000)	6,610,000
OTHER:
Interest income	154,000	41,000
Interest expense	(1,194,000)	(405,000)
Other expense - net	(883,000)	(637,000)
(LOSS) INCOME BEFORE (BENEFIT) PROVISION FOR INCOME TAXES	(49,038,000)	5,609,000
Income tax (benefit) provision	(364,000)	177,000
NET (LOSS) INCOME	(48,674,000)	5,432,000
Preferred stock dividend	15,674,000	15,517,000
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (64,348,000)	$ (10,085,000)
Net loss per common share: basic	$ (4.11)	$ (0.67)
Net loss per common share: diluted	$ (4.11)	$ (0.67)
Weighted-average common shares used to compute basic loss per share	15,669,472	15,109,587
Weighted-average common shares used to compute diluted loss per share	15,669,472	15,109,587

MTBC Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 3,331,000	$ 12,299,000
Accounts receivable - net	11,888,000	14,773,000
Contract asset	5,094,000	4,399,000
Inventory	465,000	381,000
Current assets - related party	16,000	16,000
Prepaid expenses and other current assets	2,449,000	2,785,000
Total current assets	23,243,000	34,653,000
Property and equipment - net	5,317,000	5,056,000
Operating lease right-of-use assets	4,365,000	4,921,000
Intangible assets - net	25,074,000	29,520,000
Goodwill	19,186,000	61,186,000
Other assets	641,000	838,000
TOTAL ASSETS	77,826,000	136,174,000
Current liabilities:
Accounts payable	5,798,000	5,681,000
Accrued compensation	3,444,000	4,248,000
Accrued expenses	5,065,000	4,432,000
Operating lease liability (current portion)	1,888,000	2,273,000
Deferred revenue (current portion)	1,380,000	1,386,000
Notes payable (current portion)	292,000	319,000
Dividend payable	5,433,000	4,059,000
Total current liabilities	23,300,000	22,398,000
Notes payable	37,000	13,000
Borrowings under line of credit	10,000,000	8,000,000
Operating lease liability	2,516,000	3,207,000
Deferred revenue	256,000	342,000
Deferred tax liability		525,000
Total liabilities	36,109,000	34,485,000
COMMITMENTS AND CONTINGENCIES (NOTE 10)
SHAREHOLDERS’ EQUITY:
Preferred stock, $0.001 par value - authorized 7,000,000 shares. Series A, issued and outstanding 4,526,231 shares at December 31, 2023 and December 31, 2022. Series B, issued and outstanding 1,468,792 and 1,344,128 shares at December 31, 2023 and December 31, 2022, respectively	6,000	6,000
Common stock, $0.001 par value - authorized 35,000,000 shares. Issued 16,620,891 and 15,970,204 shares at December 31, 2023 and December 31, 2022, respectively. Outstanding 15,880,092 and 15,229,405 shares at December 31, 2023 and December 31, 2022, respectively	17,000	16,000
Additional paid-in capital	120,706,000	130,987,000
Accumulated deficit	(74,481,000)	(25,621,000)
Accumulated other comprehensive loss	(3,869,000)	(3,037,000)
Less: 740,799 common shares held in treasury, at cost at December 31, 2023 and December 31, 2022	(662,000)	(662,000)
Total shareholders’ equity	41,717,000	101,689,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 77,826,000	$ 136,174,000

About MTBC Inc

WEBSITE	carecloud.com

MTBC Inc Frequently Asked Questions

What is the ticker symbol for MTBC Inc? What does MTBC stand for in stocks?

MTBC is the stock ticker symbol of MTBC Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MTBC Inc (MTBC)?

As of Wed Apr 24 2024, market cap of MTBC Inc is 17.89 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTBC stock?

You can check MTBC's fair value in chart for subscribers.

What is the fair value of MTBC stock?

You can check MTBC's fair value in chart for subscribers. The fair value of MTBC Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MTBC Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTBC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MTBC Inc a good stock to buy?

The fair value guage provides a quick view whether MTBC is over valued or under valued. Whether MTBC Inc is cheap or expensive depends on the assumptions which impact MTBC Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTBC.

What is MTBC Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, MTBC's PE ratio (Price to Earnings) is -0.37 and Price to Sales (PS) ratio is 0.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTBC PE ratio will change depending on the future growth rate expectations of investors.