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Healthcare Triangle Inc

Healthcare US HCTI

0.2256USD
-0.0044(1.91%)

Last update at 2025-04-04T16:28:00Z

Day Range

0.220.25
LowHigh

52 Week Range

0.676.65
LowHigh

Fundamentals

  • Previous Close 0.23
  • Market Cap3.89M
  • Volume199453
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-4.11600M
  • Revenue TTM33.20M
  • Revenue Per Share TTM7.85
  • Gross Profit TTM 10.52M
  • Diluted EPS TTM-2.55

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2016-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2016-12-31
Income before tax -9.54700M -5.92578M 2.61M 1.62M -4.57794M
Minority interest - - - - 0.00000M
Net income -9.61000M -5.95003M 2.35M 1.17M -4.57794M
Selling general administrative 5.58M 4.44M 2.44M 1.70M 1.07M
Selling and marketing expenses 6.81M 4.76M 2.42M 0.69M -
Gross profit 11.29M 10.52M 8.59M 5.85M 0.10M
Reconciled depreciation 3.37M 1.42M 0.80M 0.78M -
Ebit -10.41600M -5.35905M 1.18M 1.67M -2.10945M
Ebitda -7.04200M -3.93748M 1.98M 2.45M -
Depreciation and amortization 3.37M 1.42M 0.80M 0.78M -
Non operating income net other - - - - 0.00000M
Operating income -10.41600M -5.35905M 1.18M 1.67M -1.28852M
Other operating expenses 56.30M 40.63M 30.16M 27.07M 0.84M
Interest expense 0.21M 0.57M 0.08M 0.05M 0.00000M
Tax provision 0.06M 0.02M 0.26M 0.44M -
Interest income - - - - -
Net interest income -0.21200M -0.56673M -0.07865M -0.05258M -1.76298M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.46M
Other items - - - - 0.00000M
Income tax expense 0.06M 0.02M 0.26M 0.44M 0.00000M
Total revenue 45.89M 35.27M 31.34M 28.74M 0.23M
Total operating expenses 21.71M 15.88M 7.41M 4.18M 1.52M
Cost of revenue 34.59M 24.75M 22.75M 22.89M 0.13M
Total other income expense net 0.87M -0.56673M 1.43M -0.05258M -1.52645M
Discontinued operations - - - - 0.00000M
Net income from continuing ops -9.61000M -5.95003M 2.35M 1.17M -4.57794M
Net income applicable to common shares - -5.95003M 2.35M 1.17M -4.57794M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 10.05M 20.76M 24.61M 11.11M 8.25M
Intangible assets 3.97M 10.57M 10.46M 2.62M 2.92M
Earning assets - - - - -
Other current assets 1.26M 0.82M 0.36M 0.23M 0.15M
Total liab 9.51M 8.38M 8.48M 6.78M 6.28M
Total stockholder equity 0.54M 12.39M 16.13M 4.33M 1.97M
Deferred long term liab - - - - -
Other current liab 2.74M 2.25M 0.92M 1.38M 0.35M
Common stock - - 0.00035M 0.00028M 0.00028M
Capital stock 0.00000M 0.00000M 0.00035M 0.00028M 0.00028M
Retained earnings -24.90500M -12.56800M -2.66396M 3.29M 0.93M
Other liab - 2.23M 2.23M - 0.08M
Good will 0.00000M 1.29M 1.29M - -
Other assets - 1.07M 0.82M 0.45M -
Cash 1.23M 1.34M 1.77M 1.40M 0.97M
Cash and equivalents - - - - -
Total current liabilities 8.12M 6.15M 6.25M 6.78M 6.20M
Current deferred revenue - - - 0.30M 0.75M
Net debt 3.08M 1.07M 1.68M -0.64830M -0.97483M
Short term debt 3.43M 2.41M 3.45M 0.75M -
Short long term debt 3.43M 2.41M 3.28M 0.75M -
Short long term debt total 4.32M 2.41M 3.45M 0.75M -
Other stockholder equity 25.44M 24.96M 18.80M 1.04M 1.04M
Property plant equipment - 0.08M 0.25M 0.02M 0.04M
Total current assets 5.73M 7.75M 11.80M 8.03M 5.29M
Long term investments - - - - -
Net tangible assets - - 4.39M 1.71M -0.94423M
Short term investments - - - - -
Net receivables 3.24M 5.59M 9.67M 6.40M 4.17M
Long term debt 0.89M - - - -
Inventory - - - - -
Accounts payable 1.95M 1.48M 1.87M 4.35M 5.10M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.30M 1.07M 0.82M 0.45M -
Deferred long term asset charges - - - - -
Non current assets total 4.32M 13.01M 12.81M 3.08M 2.96M
Capital lease obligations 0.00000M 0.00000M 0.18M - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2016-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2016-12-31
Investments -3.31900M -7.62876M -0.47746M -3.64894M -0.00500M
Change to liabilities 0.00000M -2.47703M -1.20164M 3.29M 0.51M
Total cashflows from investing activities - -7.62876M -0.47746M -3.64894M -0.00500M
Net borrowings 0.00900M 1.07M 1.64M 1.64M 0.95M
Total cash from financing activities 5.49M 15.29M 1.64M 1.64M 0.95M
Change to operating activities 0.62M 1.62M -0.46376M -1.47906M 0.00000M
Net income -9.60900M -5.95003M 2.35M 1.17M -4.57794M
Change in cash -0.42900M 0.37M 0.43M 0.32M -0.02387M
Begin period cash flow 1.77M 1.40M 0.97M 0.66M -
End period cash flow 1.34M 1.77M 1.40M 0.97M 0.66M
Total cash from operating activities -2.60000M -7.29330M -0.73467M 3.97M -0.97132M
Issuance of capital stock 5.89M - - - -
Depreciation 3.37M 1.42M 0.80M 0.78M 0.71M
Other cashflows from investing activities - - - - 0.00000M
Dividends paid - - - - 0.00000M
Change to inventory - 2477.03M - - 0.00000M
Change to account receivables 4.08M -3.27628M -2.22591M 0.21M 0.00000M
Sale purchase of stock -0.14200M - - - 0.00000M
Other cashflows from financing activities -0.06200M -1128.57709M -0.47746M -3.64894M 0.00000M
Change to netincome -0.67000M 1.37M 1.37M 1.37M 1.54M
Capital expenditures 3.32M 3.13M 0.48M 3.65M 0.00500M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 4.31M -3.95059M -3.89131M 2.02M -
Stock based compensation 0.26M 0.05M - - -
Other non cash items -0.92800M 1.08M -6.04664M - -
Free cash flow -5.91900M -10.42206M -1.21213M 0.32M -

Peer Comparison

Sector: Healthcare Industry: Health Information Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HCTI
Healthcare Triangle Inc
-0.0044 1.91% 0.23 - - 0.18 10.98 0.27 -2.1902
GEHC
GE HealthCare Technologies Inc.
-9.225 12.81% 62.77 22.91 20.12 2.01 5.52 2.39 13.30
VEEV
Veeva Systems Inc Class A
-8.745 3.95% 212.75 54.61 33.22 12.83 6.73 11.14 58.84
MTHRF
M3 Inc
- -% 9.45 29.72 25.00 0.05 4.38 0.04 0.12
MTHRY
M3 Inc
-0.27 5.03% 5.10 31.84 26.25 0.05 4.60 0.04 0.12

Reports Covered

Stock Research & News

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 for the electronic health record, and healthcare and life sciences industry. 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 accelerate their 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 in 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, the company 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. It primarily serves healthcare delivery organizations, healthcare insurance companies, pharmaceutical and life sciences, biotech companies, and medical device manufacturers. The company was incorporated in 2019 and is based in Pleasanton, California. Healthcare Triangle, Inc. operates as a subsidiary of SecureKloud Technologies, Inc.

Healthcare Triangle Inc

7901 Stoneridge Drive, Pleasanton, CA, United States, 94588

Key Executives

Name Title Year Born
Mr. Suresh Venkatachari Chairman, Pres & CEO 1967
Mr. Anand Kumar Sr. VP & Head of Cloud Solutions 1974
Mr. Sudish Mogli Consultant 1969
Mr. Michael Gill VP of Fin. 1978
Mr. Thyagarajan Ramachandran Chief Financial Officer 1976
Mr. Michael Campana VP of Marketing NA
Ms. Kristi Lane VP of HR & Talent Management NA
Mr. Shibu Kizhakevilayil Head of M&A and Director 1972
Mr. Lakshmanan Kannappan Head of Strategic Partnerships & Director 1967
Mr. Anand Kumar Chief Revenue Officer & Interim CEO 1975

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