CareCloud reports FY2024 net income $7.9M vs loss $48.7M; guides FY2025 EBITDA $26-28M

CareCloud, Inc.

FY2024 GAAP net income $7.9M vs net loss $48.7M in 2023; revenue $110.8M (down from $117.1M).
Adjusted EBITDA $24.1M (+56% YoY); free cash flow $13.2M (+244% YoY).
Q4 2024: GAAP net income $3.3M; adjusted EBITDA $7.1M (73% YoY increase).
Converted 3.5M Series A preferred shares into 26M common shares; annual dividend burden reduced by $7.7M.
FY2025 guidance: revenue $111-114M, adjusted EBITDA $26-28M, EPS $0.10-0.13 per diluted share.

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