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Zhongchao (ZCMD) Revenue & Revenue Breakdown

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Zhongchao Revenue Highlights

Latest Revenue (Y)

$19.43M

Latest Revenue (Q)

$9.06M

Main Segment (Y)

Service

Zhongchao Revenue by Period

Zhongchao Revenue by Year

DateRevenueChange
2023-12-31$19.43M37.33%
2022-12-31$14.15M-13.16%
2021-12-31$16.30M-9.41%
2020-12-31$17.99M20.88%
2019-12-31$14.88M15.68%
2018-12-31$12.87M31.07%
2017-12-31$9.82M-

Zhongchao generated $19.43M in revenue during NA 2023, up 37.33% compared to the previous quarter, and up 151.05% compared to the same period a year ago.

Zhongchao Revenue by Quarter

DateRevenueChange
2023-12-31$9.06M100.00%
2023-09-30$4.53M-56.35%
2023-06-30$10.38M100.00%
2023-03-31$5.19M-24.33%
2022-12-31$6.86M100.00%
2022-09-30$3.43M-53.01%
2022-06-30$7.30M72.42%
2020-06-30$4.23M-71.57%
2019-12-31$14.88M-

Zhongchao generated $9.06M in revenue during Q4 2023, up 100.00% compared to the previous quarter, and up 264.23% compared to the same period a year ago.

Zhongchao Revenue Breakdown

Zhongchao Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Product$9.03M-
Service$10.41M-
Total Member-$14.15M

Zhongchao's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (53.55%), and Product (46.45%).

Zhongchao Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
HCTIHealthcare Triangle$33.20M$2.41M
ZCMDZhongchao$19.43M$9.06M
MGRXMangoceuticals-$162.56K

ZCMD Revenue FAQ

What is Zhongchao’s yearly revenue?

Zhongchao's yearly revenue for 2023 was $19.43M, representing an increase of 37.33% compared to 2022. The company's yearly revenue for 2022 was $14.15M, representing a decrease of -13.16% compared to 2021. ZCMD's yearly revenue for 2021 was $16.3M, representing a decrease of -9.41% compared to 2020.

What is Zhongchao’s quarterly revenue?

Zhongchao's quarterly revenue for Q4 2023 was $9.06M, a 100.00% increase from the previous quarter (Q3 2023), and a 32.11% increase year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $4.53M, a -56.35% decrease from the previous quarter (Q2 2023), and a 32.11% increase year-over-year (Q3 2022). ZCMD's quarterly revenue for Q2 2023 was $10.38M, a 100.00% increase from the previous quarter (Q1 2023), and a 42.23% increase year-over-year (Q2 2022).

What is Zhongchao’s revenue growth rate?

Zhongchao's revenue growth rate for the last 3 years (2021-2023) was 19.25%, and for the last 5 years (2019-2023) was 30.58%.

What are Zhongchao’s revenue streams?

Zhongchao's revenue streams in c 23 are Product, and Service. Product generated $9.03M in revenue, accounting 46.45% of the company's total revenue Service generated $10.41M in revenue, accounting 53.55% of the company's total revenue

What is Zhongchao’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Zhongchao was Service. This segment made a revenue of $10.41M, representing 53.55% of the company's total revenue.