CareCloud (MTBC) Investor presentation summary

Q3 performance

• Revenue $33.7M, up 8.6% YoY; GAAP net income $4.7M, up 54.5%; adjusted EBITDA $9.9M, up 27.8%.

• GAAP EPS $0.10 vs. $0.04 in Q3 2025.

Nine-month performance

• Revenue $96.9M, up 12.5% YoY; adjusted EBITDA $21.2M, up 6.7%.

• GAAP net income $6.8M, down 14.4%; GAAP EPS $0.09 vs. $0.07; GAAP net income margin 7.0%, down 2.2 pts, and adjusted EBITDA margin 21.9%, down 1.2 pts.

Cash flow and capital structure

• 9M free cash flow $11.9M; cash rose $1.0M to $4.6M. Operating cash flow fell $3.6M, mainly due to lower payables and accrued liabilities and $1.3M higher cash interest.

• 9M cash uses included $7.0M in preferred dividends, $3.9M in debt repayments and $1.6M in acquisitions and contingent consideration; recapitalization netted $1.6M.

• At Sept. 30, 2026, debt was $37.3M, net debt $32.7M, revolving borrowings $0, and cash $4.6M; Series B preferred stock was redeemed in May using bank financing.