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CloudMD Software & Services Inc. (DOC.V)
- GlobeNewswire
CloudMD Reports First Quarter 2024 Results
First Quarter Highlights Q1 Revenue of $22.8 million compared to $22.6 million in Q4 2023 and $22.9 million in the prior year.Q1 2024 gross profit margin of 37.0% increased from 36.9% in the prior year.Q1 Adjusted EBITDA gain of $0.1 million compared to a loss of $0.4 million in the previous quarter, annual improvement of $1.5 million compared to prior year.Net loss from continuing operations of $4.2 million in Q1 2024.Cash and cash equivalents, including restricted cash of $7.7 million at the e
- GlobeNewswire
CloudMD Announces Resumption of Trading on TSXV and Provides Additional Transaction Details
TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, is announcing that further to the Company’s filing of its audited consolidated financial statements for the year ended December 31, 2023 and the related management’s discussion and analysis, a revocation order has been granted by the Ontario Securities Commission in respect of the failure-to-f
- GlobeNewswire
CloudMD Reports 2023 Results for the Full Year and Fourth Quarter
Full year 2023 revenue of $90.9 million compared to $99.4 million in 2022, and $90.5 million compared to $86.7 million on a normalized basis, excluding one-time COVID mandates.Q4 2023 gross profit margin1 of 39.7% was relatively flat compared to Q3 2023 and improved 380 bps from the prior year.Q4 2023 Adjusted EBITDA1 loss of $1.4 million compared to a gain of $0.6 million in the previous quarter, annual improvement of $7.2 million compared to prior year.Net loss from continuing operations of $6
