CloudMD

Personalized care programs for employees.

Launch date

2018

Employees

Market cap

Enterprise valuation

AUD34m (Public information from Jul 2024)

Vancouver British Columbia (HQ)

https://cloudmd.ca/

https://twitter.com/cloudmd_ss https://www.linkedin.com/company/cloudmdsoftware/https://play.google.com/store/apps/details?id=ca.cloudpractice.cloudmd

Revenues, earnings & profits over time

CAD	2018	2019	2020	2021	2022	2023	2024
Revenues	1.2m	6.8m	15.0m	102m	114m	90.9m	103m
% growth	(99 %)	463 %	122 %	581 %	12 %	(21 %)	13 %
EBITDA	(2.3m)	(3.8m)	(8.7m)	(6.1m)	(11.4m)	(3.6m)	3.8m
% EBITDA margin	(189 %)	(57 %)	(58 %)	(6 %)	(10 %)	(4 %)	4 %
Profit	(2.7m)	(4.7m)	(12.3m)	(30.7m)	(158m)	(82.8m)	(9.0m)
% profit margin	(223 %)	(70 %)	(82 %)	(30 %)	(138 %)	(91 %)	(9 %)
EV / revenue	-	4.3x	22.6x	2.5x	0.5x	0.1x	0.1x
EV / EBITDA	-	-7.5x	-39.1x	-41.0x	-4.7x	-3.8x	3.6x
R&D budget	-	<1m	1.8m	3.0m	4.0m	1.5m	-
R&D % of revenue	-	2 %	12 %	3 %	3 %	2 %	-

Date	Investors	Amount	Round
Jun 2020	N/A	N/A	IPO
May 2024*	CPS Capital	$12.5m Valuation: $12.5m	Buyout
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

Canada 13 United States 1

By Industry

Health 4 Wellness Beauty 1

By Round

ACQUISITION by CloudMD Oct 2020

ACQUISITION by CloudMD Jul 2020

MindBeacon Software

ACQUISITION by CloudMD Nov 2021

ACQUISITION by CloudMD Jul 2020

West Mississauga Medical

ACQUISITION by CloudMD Aug 2020

ACQUISITION by CloudMD Aug 2020

ACQUISITION by CloudMD Sep 2020

ACQUISITION by CloudMD Dec 2020

ACQUISITION by CloudMD Jan 2021

Medical Confidence

ACQUISITION by CloudMD Jan 2021