Icoreconnect Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $4.78
- Today's High:
- $5.6
- Open Price:
- $4.78
- 52W Low:
- $0.0656
- 52W High:
- $12.43
- Prev. Close:
- $5.39
- Volume:
- 731848
Company Statistics
- Market Cap.:
- $57.83 million
- Book Value:
- -0.022
- Revenue TTM:
- $7.63 million
- Operating Margin TTM:
- -78.82%
- Gross Profit TTM:
- $3.38 million
- Profit Margin:
- -97.61%
- Return on Assets TTM:
- -55.09%
- Return on Equity TTM:
- -6642.26%
Company Profile
Icoreconnect Inc had its IPO on 2022-04-19 under the ticker symbol ICCT.
The company operates in the Healthcare sector and Health Information Services industry. Icoreconnect Inc has a staff strength of 41 employees.
Stock update
Shares of Icoreconnect Inc opened at $4.78 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $4.78 - $5.6, and closed at $5.57.
This is a +3.34% increase from the previous day's closing price.
A total volume of 731,848 shares were traded at the close of the day’s session.
In the last one week, shares of Icoreconnect Inc have slipped by -36.27%.
Icoreconnect Inc's Key Ratios
Icoreconnect Inc has a market cap of $57.83 million, indicating a price to book ratio of 19.1851 and a price to sales ratio of 3.2049.
In the last 12-months Icoreconnect Inc’s revenue was $7.63 million with a gross profit of $3.38 million and an EBITDA of $-4854760. The EBITDA ratio measures Icoreconnect Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Icoreconnect Inc’s operating margin was -78.82% while its return on assets stood at -55.09% with a return of equity of -6642.26%.
In Q2, Icoreconnect Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 7.7%.
Icoreconnect Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.87 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Icoreconnect Inc’s profitability.
Icoreconnect Inc stock is trading at a EV to sales ratio of 3.0901 and a EV to EBITDA ratio of -6.7164. Its price to sales ratio in the trailing 12-months stood at 3.2049.
Icoreconnect Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $6.41 million
- Total Liabilities
- $9.88 million
- Operating Cash Flow
- $-315793.00
- Capital Expenditure
- $343793
- Dividend Payout Ratio
- 0%
Icoreconnect Inc ended 2024 with $6.41 million in total assets and $0 in total liabilities. Its intangible assets were valued at $6.41 million while shareholder equity stood at $-4226578.00.
Icoreconnect Inc ended 2024 with $0 in deferred long-term liabilities, $9.88 million in other current liabilities, 196149.00 in common stock, $-93271716.00 in retained earnings and $1.48 million in goodwill. Its cash balance stood at $68735.00 and cash and short-term investments were $68735.00. The company’s total short-term debt was $7,045,053 while long-term debt stood at $0.
Icoreconnect Inc’s total current assets stands at $1.12 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $365940.00 compared to accounts payable of $2.75 million and inventory worth $0.
In 2024, Icoreconnect Inc's operating cash flow was $-315793.00 while its capital expenditure stood at $343793.
Comparatively, Icoreconnect Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $5.57
- 52-Week High
- $12.43
- 52-Week Low
- $0.0656
- Analyst Target Price
- $
Icoreconnect Inc stock is currently trading at $5.57 per share. It touched a 52-week high of $12.43 and a 52-week low of $12.43. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $2.46 and 200-day moving average was $0.71 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 2308.9% of the company’s stock are held by insiders while 0% are held by institutions.
Frequently Asked Questions About Icoreconnect Inc
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About
iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company’s products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient’s Prescription Drug Monitoring Program (PDMP) history before prescribing controlled substances; iCoreVerify and iCoreVerify+, a HIPAA compliant SaaS solution that automatically retrieves a patients insurance eligibility breakdown to verify their benefits in advance of their appointment and on-demand; iCoreHuddle and iCoreHuddle+, a tool to instantly reveal the revenue potential of each patient; and iCoreCodeGenius, a medical coding reference SaaS solution. It also offers iCoreExchange, a SaaS email solution that allows doctors to send and receive secure email with attachments to and from other healthcare professionals; iCoreCloud, ability to backup their on-premise servers and computers to the cloud; iCorePay, a patient payment processing solutions for payment and revenue cycle tracking; iCoreSecure, secure SaaS solution that solves privacy concerns in the insurance, real estate, financial and many other industry sectors; and iCoreIT, an IT managed services. The company was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. was founded in 1992 and is headquartered in Ocoee, Florida.