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iCoreConnect NasdaqCM:ICCT Stock Report

Last Price

US$0.89

Market Cap

US$10.1m

7D

-10.7%

1Y

-91.5%

Updated

17 Jun, 2024

Data

Company Financials

ICCT Stock Overview

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.

ICCT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

iCoreConnect Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for iCoreConnect
Historical stock prices
Current Share PriceUS$0.89
52 Week HighUS$20.70
52 Week LowUS$0.86
Beta0.57
1 Month Change-20.24%
3 Month Change-29.10%
1 Year Change-91.53%
3 Year Changen/a
5 Year Changen/a
Change since IPO-91.03%

Recent News & Updates

Is iCoreConnect (NASDAQ:ICCT) A Risky Investment?

Mar 16
Is iCoreConnect (NASDAQ:ICCT) A Risky Investment?

Recent updates

Is iCoreConnect (NASDAQ:ICCT) A Risky Investment?

Mar 16
Is iCoreConnect (NASDAQ:ICCT) A Risky Investment?

Shareholder Returns

ICCTUS Healthcare ServicesUS Market
7D-10.7%-3.9%1.6%
1Y-91.5%-20.5%21.5%

Return vs Industry: ICCT underperformed the US Healthcare Services industry which returned -18.7% over the past year.

Return vs Market: ICCT underperformed the US Market which returned 20.8% over the past year.

Price Volatility

Is ICCT's price volatile compared to industry and market?
ICCT volatility
ICCT Average Weekly Movement17.4%
Healthcare Services Industry Average Movement9.3%
Market Average Movement5.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: ICCT's share price has been volatile over the past 3 months.

Volatility Over Time: ICCT's weekly volatility has decreased from 46% to 17% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
199269Robert McDermottwww.icoreconnect.com

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; iCoreClaims, for processing and managing claims submitted by policyholders or dental care providers; 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.

iCoreConnect Inc. Fundamentals Summary

How do iCoreConnect's earnings and revenue compare to its market cap?
ICCT fundamental statistics
Market capUS$10.07m
Earnings (TTM)-US$19.40m
Revenue (TTM)US$9.03m

1.0x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICCT income statement (TTM)
RevenueUS$9.03m
Cost of RevenueUS$2.05m
Gross ProfitUS$6.98m
Other ExpensesUS$26.39m
Earnings-US$19.40m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.89
Gross Margin77.30%
Net Profit Margin-214.76%
Debt/Equity Ratio122.8%

How did ICCT perform over the long term?

See historical performance and comparison
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