Healthcare Triangle Stock (NASDAQ:HCTI)


ForecastRevenueOwnershipFinancialsChart

Previous Close

$1.29

52W Range

$0.29 - $4.87

50D Avg

$0.59

200D Avg

$1.12

Market Cap

$7.25M

Avg Vol (3M)

$3.14M

Beta

0.86

Div Yield

-

HCTI Company Profile


Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver personalized healthcare, precision medicine, advances in drug discovery, development and efficacy, collaborative research and development, respond to evidence, and enhance the digital transformation. The company's software platforms include CloudEz, an enterprise multi-cloud transformation and management platform that enables customers to manage their cloud infrastructure across private, hybrid, and public cloud infrastructures; and DataEz, a cloud-based data analytics and data science platform for the data analytics and data science requirements of life sciences/pharmaceutical and healthcare provider organizations. It also provides Readabl.AI, a Software-as-a-Service solution that uses public cloud artificial intelligence and machine learning to recognize and extract healthcare information from documents, faxes, and narrative reports. In addition, it offers cloud IT services; and healthcare IT services, such as electronic health records and software implementation, optimization, and extension to community partners, as well as application managed services, and backup and disaster recovery on public cloud. The company primarily serves healthcare delivery organizations, healthcare insurance companies, pharmaceutical and life sciences, biotech companies, and medical device manufacturers. Healthcare Triangle, Inc. was incorporated in 2019 and is based in Pleasanton, California. Healthcare Triangle, Inc. operates as a subsidiary of SecureKloud Technologies, Inc.

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Industry

Medical - Healthcare Information Services

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

22

IPO Date

Oct 13, 2021

Website

HCTI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21
Managed Services And Support$15.18M$19.00M
Platform Services$4.83M$3.84M
Software Services$23.88M$12.43M

Fiscal year ends in Dec 23 | Currency in USD

HCTI Financial Summary


Dec 23Dec 22Dec 21
Revenue$33.20M$45.89M$35.27M
Operating Income$-11.35M$-10.42M$-5.36M
Net Income$-12.34M$-9.61M$-5.95M
EBITDA$-6.11M$-7.04M$-3.94M
Basic EPS-$-2.62$-2.02
Diluted EPS-$-2.62$-2.02

Fiscal year ends in Dec 23 | Currency in USD

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